@Morgan_03 Agree. Ive moved to retail client facing from institutional client facing. Fortunate to have this perspective. Your basic RIA doesn’t fully grasp PE product & can be seduced by posted IRRs. The product doesn’t belong in a retirees portfolio unless it’s a generational gift
@conorsen I was force added to a few mom chats by my working wife. What you haven’t mentioned are the number of text responses to task ratios. The amount of congratulatory & excitement emojis and responses is easily 5x what a dad chat gets. I have to mute them. ❤️👋🏻🤣😂😍😍❤️❤️❤️
@tdgraff I lived this as a cpm. In some cases sent marks from all px services to client to prove the nonsense. Pxing is the worst part of clo mkt by a mile. I simple flip of TRACE switch would fix a lot of it. Private credit mkt is laughable bc the pitch was literally “ no mk to mkt”