Chief Investment Officer | Johnson Financial Group
As Chief Investment Officer, Brian Andrew leads Johnson Financial Group's investment strategy to provide consistent, actionable investment solutions for our clients.
5 minute read time
My 15-year-old son has spent much of his spring break working on his tennis game. He is passionate about the sport and has been playing since he was four. At the beginning of the week, he was told he needed to change his serve motion. Something fundamental, something he has done thousands of times the same way, something he doesn’t have to think about because his muscles already know what to do.
To learn something new, he needs to unlearn something he knows well. That starts with understanding why it is needed: to help with accuracy, speed and to reduce the potential for injury. To make the change, the new approach has to be broken down into the smallest steps so he can learn each one before putting them together to create the new service motion. Create a foundation, and then build from there…slowly retraining his muscle memory.
We all experience change every day and react to it differently. My son is not thrilled!
Our Wealth business is working to create a new technology platform from which we can serve our clients. This will involve moving from one custody firm to another. My colleagues and I will need to learn new systems and processes across a wide range of activities.
The new platform will also mean our clients will need to work with us to re-sign paperwork and have their assets moved. None of this will be easy. However, it is necessary.
The financial services industry has grown technologically, and we need custodial partners who will allow us to connect the tools we use to serve clients. Financial planning, reporting and investing tools, along with investment strategies have all changed. Clients want to personalize their portfolios, their reporting and the way they receive information about their financial goals and investments. Advisors want to spend more time with clients discussing goals and less time on administrative duties. In order to do this, we need a new platform.
Our Wealth business has grown tremendously. We serve more than 15,000 clients offering services and advice across banking, brokerage, retirement, investment, financial planning and trusts. To be effective, we need to bring these services together and partner with those who are investing in technology and the tools we can use to serve our clients best.
This information is for educational and illustrative purposes only and should not be used or construed as financial advice, an offer to sell, a solicitation, an offer to buy or a recommendation for any security. Opinions expressed herein are as of the date of this report and do not necessarily represent the views of Johnson Financial Group and/or its affiliates. Johnson Financial Group and/or its affiliates may issue reports or have opinions that are inconsistent with this report. Johnson Financial Group and/or its affiliates do not warrant the accuracy or completeness of information contained herein. Such information is subject to change without notice and is not intended to influence your investment decisions. Johnson Financial Group and/or its affiliates do not provide legal or tax advice to clients. You should review your particular circumstances with your independent legal and tax advisors. Whether any planned tax result is realized by you depends on the specific facts of your own situation at the time your taxes are prepared. Past performance is no guarantee of future results. All performance data, while deemed obtained from reliable sources, are not guaranteed for accuracy. Not for use as a primary basis of investment decisions. Not to be construed to meet the needs of any particular investor. Asset allocation and diversification do not assure or guarantee better performance and cannot eliminate the risk of investment losses. Certain investments, like real estate, equity investments and fixed income securities, carry a certain degree of risk and may not be suitable for all investors. An investor could lose all or a substantial amount of his or her investment. Johnson Financial Group is the parent company of Johnson Bank, Johnson Wealth Inc. and Johnson Insurance Services LLC. NOT FDIC INSURED * NO BANK GUARANTEE * MAY LOSE VALUE