“The dealer has a responsibility to make sure advisors have the right knowledge, education and training,” -Theresa Shutt, chief investment officer at Harbourfront Wealth Management
As private market investments become more popular with retail investors, advisory firms have a growing responsibility to support their advisors in navigating this space. These investments offer meaningful diversification and access to new opportunities, but they also come with challenges, including liquidity concerns and a higher level of complexity.
Theresa Shutt, Chief Investment Officer at Harbourfront Wealth Management, emphasizes that it’s up to dealers to ensure their advisors have the right training, education, and resources to properly guide clients. At Harbourfront, they address this by offering fund-of-fund structures and conducting in-house due diligence, so advisors can focus on what they do best—building relationships and serving clients. If private markets are to become a reliable part of investor portfolios, this kind of firm-level support is essential.
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