I love this comment in the FT...not!

Everybody wants higher margins. Nobody wants to create more client value.

Margins come directly from client wealth. Higher margins mean taking more from clients, which is exactly the opposite of what clients want.

Maybe private assets can be more valuable for clients? If this is the case, then it should be made explicit. However, the industry is strangely silent about how much value we create for our clients.

When was the last time you saw an article in the press or a consultant's report that quantified the value created for (destroyed for) clients?

Let's do things differently.

Let's put clients first.

The Noviscient business model is designed to remove costs, build alignment via performance-only fees, and offer full transparency so people can see we are walking the walk.

It is time for change.