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Welcome to another episode of SALT Talks with host Anthony Scaramucci, and guest Peter Mallouk, the President of Creative Planning, which provides comprehensive wealth management services to its clients. Peter is a pioneer of the Independent RIA model, with clients in all 50 U.S. states and abroad. Turning to active vs. passive management, he notes that the latter has indeed outperformed the former since 1980. “Large tech companies make up almost a fourth of the S&P 500,” he explains. Should their performance change, it will have a profound effect on passive management’s appeal, and there may be a move away from yield-oriented assets to alternative assets. SALT Talks provides a window into the minds of noteworthy business leaders, policy experts and innovators shaping the future. To learn more about this episode, including podcast transcripts and show notes, visit salt.org/talks Listen and subscribe on the platform of your choice: Apple: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/3HGRcJU... Google: https://podcasts.google.com/feed/aHR0... Follow SALT on social media: Twitter: / saltconference Instagram: / salt LinkedIn: / salt-conference Developed, created and produced by SALT Venture Group, LLC #SALTTalks