From giving time back to advisors, to reaping the benefits of outsourcing, there’s no denying the advantages of a TAMP. As the industry’s gold standard for data and research, not to mention 2022’s top TAMP of the year, the team at Morningstar’s Wealth Management Solutions knows a thing or two about building a wealth management platform.

In this week’s episode, Daniel Needham, president of Wealth Management Solutions, joins Shannon Rosic to discuss TAMP trends. Daniel shares some of Morningstar’s data, research, and insights with listeners so they can build investment solutions for their clients.

Daniel discusses:

• The biggest threats to the TAMP industry 
  
• The latest trends in TAMPs and wealth management platforms 
  
• Why Morningstar chose to invest in the Wealth Management Solutions group
  
• Rolling out Morningstar Direct Indexing 
  
• And more
  

Resources:

• Morningstar 
  

Connect with Daniel Needham:

• LinkedIn: Daniel Needham 
  

Connect with Shannon Rosic:

• shannon.rosic@flyerft.com
  
• LinkedIn: Shannon Rosic
  
• Twitter: @ShannonRosic
  
• Flyer Financial Technologies
  
• LinkedIn: Flyer Financial Technologies
  
• Twitter: Flyer_FT
  

About our Guest: 

Daniel Needham, CFA, is the president of Morningstar’s Wealth Management Solutions. After the recent acquisition, he also oversees the U.K. and international business of Praemium and their core products, which were re-branded to Morningstar Wealth Platform and Wealthcraft, a Morningstar company.

Prior to his current role, Needham served as president and global chief investment officer since 2015 for Morningstar’s Investment Management group. In 2013, Needham stepped into the global chief investment officer role for the Investment Management group, and he also assumed responsibility for Morningstar’s investment management operations in Europe. Previously, Needham was chief investment officer and managing director for Investment Management in Asia-Pacific.