“The dealer has a responsibility to make sure advisors have the right knowledge, education and training.” CIO, Theresa Shutt, shares her insights in a new interview with Investment Executive.  

Few industry participants would argue that the growing popularity of private market investments doesn’t require more careful due diligence on the part of financial advisors. But the sophisticated nature of the asset class — once the domain of institutional and other sophisticated investors — is such that it is unreasonable for advisors to carry that added responsibility on their own. Advisory firms have a role to play here that deserves more discussion than it’s getting. 

Read more: The onus is on advisory firms to support private market investments | Investment Executive