Many people within financial services like to think this industry is unique. Like on a faraway island, you-just-could-not-possibly-understand-us kind of unique. In my opinion, thinking like this helps explain why we see so much insular recruiting of talent, bespoke tech stack building, and overly complex investment models.
While there certainly are unique attributes about our industry, too much “we are different” thinking carries risk. We risk missing out on hiring great people, finding lower-cost solutions to our businesses’ product and service needs, and remaining approachable to the masses.
I was reminded of how our businesses can benefit when we are open to ideas and people from outside our industry when Blueprint Investment Partners hosted a webinar with Eric Downing last month. Downing has more than 35 years of leadership and development experience in both military and corporate roles – and I believe his philosophy about building an elite performance culture readily applies to a wealth practice.
