Jennifer Abate, Chair, MMI Board of Governors and Craig Pfeiffer, President & CEO, MMI, released the MMI Chair and President’s Report today to all members. In their message to members, they noted:
As we close the books on one decade and enter a new one, it’s an appropriate time to reflect on the tremendous changes that the investment advice industry and our member firms are navigating. We are living through profound transformation on many fronts - regulatory, technology, demographic and product, to name just a few - and firms are grappling with consolidation, pricing pressure, and new competitors.
In this period of accelerating change, our industry’s value proposition to the clients we serve remains firmly anchored in advice delivery. MMI remains committed to serving as a trusted resource to our members as we collectively advance the future of investment advice and solutions, pursuing the opportunities and confronting the challenges.
Please read the MMI Chair and President’s Report to review a few highlights from our 2019 activities and, more importantly, what you can look forward to in 2020.
As we move into the new decade, we encourage you and your team to take advantage of the many opportunities that MMI membership affords to connect with the larger advisory community and help shape its future.
From all of us at MMI, a sincere thank you for your ongoing support and partnership. Happy New Year!