Publications

Talking Points: Quotations from people in the news, July 2024
- July 1, 2024: Vol. 11, Number 7

To read this full article you need to be subscribed to Real Assets Adviser

Talking Points: Quotations from people in the news, July 2024

by

Neil Blumenthal, co-founder and CEO of Warby Parker: “We found that the vast majority of folks in America want to go into a store to try on glasses and buy them in person, and that’s why we’re opening so many stores. We’re on a path to open over 900 stores. There’s over 45,000 optical shops in the U.S., believe it or not.

Joe Duran, former CEO of United Capital, bemoaning the frenzy of M&As taking place between RIAs: “Sadly, as soon as they do one sponsor-to-sponsor deal, they sell their souls, they’ve got to do a mountain of acquisitions. They don’t integrate them, and now you have a hodgepodge of advisers under one brand, but no consistent delivery, no promise made, serving every client the same way. How can they win?”

 

Roger Altman, former U.S. Secretary of the Treasury and the founder and senior chairman of Evercore, on the Biden administration’s plan to quadruple tariffs on Chi

For reprint and licensing requests for this article, Click Here.

Forgot your username or password?