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‘Unbelievable’ chance for advisors: Lightning Round with Salim Ramji

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Over the next five years, U.S. financial advisors could reap the benefits of the largest single movement of money in the world — an opportunity that Salim Ramji describes as “unbelievable.”

Meanwhile, there’s one wealth management practice he thinks will be extinct in the future: stock picking.

Ramji, who is head of BlackRock’s U.S. wealth advisory business, recently fielded rapid-fire questions from Financial Planning on the sidelines of the 2018 TD Ameritrade National LINC conference. In the interview, he also discusses the future of automated advice and some of the biggest risks to RIAs.