{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets","title":"Ritholtz Wealth Management's Michael Batnick - real talk on private markets","html":"","width":"100%","height":180,"duration":3965,"description":"Welcome back to the Alt Goes Mainstream podcast.\nOn today’s show, we turned the tables. We welcomed famed podcast co-host of Animal Spirits and The Compound and Friends and writer at The Irrelevant Investor, and Managing Partner and Director of Research at $4B AUM Ritholtz Wealth Management Michael Batnick to come on the show to share a wealth manager’s perspective on private markets.\nMichael’s career has taken a number of fascinating turns. He started selling insurance, before a chance meeting on the platform of the subway station with Josh Brown of Ritholtz Wealth Management after a New York Knicks loss led to a job offer to work with Josh at RWM. At Ritholtz, Michael has been an integral part of the team that has helped to drive the firm’s growth, leading with content and education. Each of the firm’s Partners have built impressive content platforms across blogs, books, and podcasts. Their thoughtful approaches to investing come through in their work — and it’s translated to how they think about private markets. Michael provided interesting viewpoints on why alternatives have yet to be adopted by many advisors and the challenges with adopting alternatives products.\nMichael and I had a fascinating discussion at the intersection of wealth and alts. Michael and I covered:\nHis journey into wealth management and the lessons he has learned along the way.\nThe importance of education and networking in the wealth management industry.\nHow he thinks about risk in public and private markets.\nThe evolution of wealth management as a business.\nWhy alternatives products are still sold and not bought.\nThe importance of staying focused on fundamentals and long-term investing.\nThe workflow challenges that alternative investments have for a wealth management firm.\nHow and why content can develop views, educate, and build brand in wealth management and private markets.\nThanks Michael for coming on the show to share your thoughts and wisdom on investing.\nShow Notes\n02:03...","thumbnail_url":"https://img.transistorcdn.com/AFAZ1vkAT92lFJtqt-r0HeFQ55KTdcbJHmgKXaMlAtY/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE5MDA4LzE2MTQ1/Mzk1MDUtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}