OPTIONS AWAY - THE WINNER
HighTower Hosts Visionaries and Iconoclasts at Apex
Jeffrey Gundlach Predicts No Fed Interest Hike in 2015; Daniel Pink Upends the Art of Sales, and Attendees Pick Shark Cage Winner at Second Annual Apex Conference
CHICAGO — June XX, 2015 — HighTower’s second annual Apex conference, held June 2-4, brought provocative insights from the financial services industry and beyond to over 300 attendees at the Ritz-Carlton Chicago. Keynoters Jeffrey Gundlach and Daniel Pink set the pace for a high-powered roster of speakers, addressing the trends and challenges that will shape the industry for years to come.
“When brilliant thinkers and industry iconoclasts come together, new opportunities for disruption emerge,” said HighTower CEO Elliot Weissbluth. “Our second annual Apex event captured the dynamic culture of innovation, growth and collaboration that drives HighTower’s elite advisors.”
Mr. Gundlach, CEO and CIO of DoubleLine Capital, predicted the Federal Reserve will not raise interest rates in 2015, contrary to popular belief. “When hourly earnings are rising, that’s a good signal the Fed will raise rates,” he said. A renowned expert in bond and fixed-income investments, Mr. Gundlach also countered the notion that junk bonds do well in a rising interest-rate environment, stating that the data does not back up that belief.
Mr. Pink is the author of five provocative books, including the long-running New York Times bestsellers “A Whole New Mind,” and “Drive.” Discussing his latest bestseller, “,” he offered a fresh take on the art and science of sales. “Having access to information doesn’t give you an advantage – the ability to curate information does,” he said, stressing that careful listening is key to understanding a client’s interests.
The HighTower Shark Cage featured four startup companies in Chicago’s 1871 incubator for digital designers, engineers and entrepreneurs, who presented their companies’ value propositions and offerings to the financial services industry. They were then judged by a panel of three innovator executives: Howard Tullman of 1871, Jud Bergman of Envestnet and Steve Hayden of Ogilvy. The audience vote went to Robert Brown’s “Options Away,” which offers airline options as a cheap and convenient way to hold the best airfare price while you finalize travel plans.
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HighTower is an industry-leading financial services firm offering a unique platform that blends objective wealth management advice with innovative technology. Our dedication to transparency in wealth management for investors and comprehensive support for independent advisors sets us apart. See www.hightoweradvisors.com.