Advisors need to focus on building an enduring business, said Mark Tibergien, the CEO of Pershing Advisor Solutions, because, in a constantly changing, environment of increased regulatory attention, lower margins, talent shortages, and lower market returns, things can change in an instant.
“Most advisors [are] looking at their desk instead of looking at the horizon,” Tibergien said during an interview at the 2012 Pershing Insite conference in Hollywood, Fla..
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