Wake Up Call (9.16.24): Matt Golliher, Vista Investment Partners
Sep 16, 2024
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Matt Golliher, affiliated with Vista Investment Partners, dives into the evolving role of Bitcoin in the financial landscape. He shares his transformative journey toward integrating Bitcoin into wealth management and discusses how companies are adjusting their treasury strategies. The conversation highlights the challenges financial advisors face and presents a framework for adopting Bitcoin. Golliher emphasizes the long-term potential of Bitcoin against traditional investments, encouraging advisors to innovate amidst the digital asset boom.
The podcast emphasizes Bitcoin's potential to disrupt legacy financial services and create opportunities for client retention and differentiation.
Matt Gollher discusses Vista Investments' transformative journey from skepticism to integrating Bitcoin into their wealth management services, overcoming compliance challenges.
Deep dives
The Introduction of Wake Up Call
Wake Up Call is a new weekly show aimed at educating financial professionals about Bitcoin and its implications for the financial industry. The show, hosted by industry experts Mark Connors and Rich Kerr, emphasizes Bitcoin's potential to not only disrupt legacy financial services but also offer opportunities for differentiation and client retention. The live stream on LinkedIn and subsequent distribution across various platforms ensures broad access for interested financial advisors. The show aims to challenge existing perceptions about Bitcoin and encourage professionals to increase their knowledge on the subject.
Economic Indicators and Market Insights
Recent economic indicators highlighted by the hosts reveal significant challenges in the current financial landscape, such as rising shelter and transportation costs juxtaposed against stagnant wage growth. As credit card defaults reach their highest levels in over a decade, the discussion underscores a growing divide between those who own assets, like property, and those who do not, intensifying economic disparities. The conversation dives into market behaviors, noting stagnant equity performance influenced by weak economic data from China, while Bitcoin and gold exhibit strong returns for the year. The market’s trend toward increased money printing could further propel Bitcoin's appeal as a store of value amid financial uncertainty.
Vista Investments and the Path to Bitcoin Integration
Matt Gollher from Vista Investments shares the firm's transformative journey toward incorporating Bitcoin into their wealth management services. Initially skeptical, Gollher's perspective shifted dramatically as he immersed himself in Bitcoin literature, leading to a comprehensive strategy for client education and offering Bitcoin-focused advisory solutions. This strategic shift required overcoming various regulatory and infrastructural challenges, including compliance adjustments and the formation of a dedicated division for Bitcoin services. Vista now positions itself as a pioneering firm, enabling other financial advisors to navigate similar paths while leveraging Bitcoin as a competitive advantage in a changing market.
Wake Up Call is a weekly show that will be streamed live on LinkedIn every Monday morning. To catch the premier of each episode, follow Onramp’s LinkedIn page and add Wake Up Call events to your calendar. After the live premier on LinkedIn, we will distribute each episode across Onramp Media’s podcast channels and youtube page.
Wake Up Call aims to educate financial professionals on the merits of the bitcoin investment thesis, how this asset class represents both a threat to legacy financial service businesses and an opportunity to differentiate oneself to retain and attract new business.
Hosted by Mark Connors, Onramp’s Head of Global Macro Strategy, and Rich Kerr, Onramp’s President of Managed Wealth, this show seeks to provide financial professionals the “wake up call” they need, prompt them to have an open mind with respect to bitcoin, rethink their prior assumptions, become more educated on the topic, and learn from others who are already farther down this path.
Mark and Rich bring a combined 60+ years of experience across traditional markets and financial services, and will share their unique perspectives in how their peers and colleagues can approach the realm of bitcoin. Wake Up Call will feature guests from various backgrounds and industries, who will share their own journeys to bitcoin and how others can get up to speed.
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