In this episode of Zephyr’s Adjusted for Risk Podcast, host Ryan Nauman engages in a compelling discussion with Beth Lawlor, the President of Private Wealth and Affluent Wealth Management at U.S. Bank. They delve into the impact of demographic shifts on the wealth management industry, offer tips for building successful wealth management teams, and highlight the importance of relationships in this field. Beth shares her journey from being a psychology major to a seasoned expert in wealth management, emphasizing the importance of cultural fit and diverse skill sets in team building. The conversation also covers trends like AI, digital experience, and impact investing. This episode is sponsored by Zephyr, helping investment professionals make informed decisions.
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Learn more about U.S. Bank Private Wealth Management here.
00:00 Introduction and Sponsor Message
01:13 Welcoming the Guest: Beth Lawlor
01:44 Beth Lawlor’s Background and Career Journey
02:58 The Importance of Relationships in Wealth Management
08:46 Trends in Wealth Management: AI and Digital Experience
16:22 Building a Successful Wealth Management Team
19:31 The Role of Financial Advisors in Modern Practices
20:42 Independent Advisors: Pros and Cons
21:45 The Importance of Office Culture and Networking
24:07 Supporting New Talent in Financial Advisory
26:31 Career Pathways and Behavioral Interviews
31:15 Women in Wealth Management
33:28 Conclusion and Final Thoughts
