'Mergers suck' and more frank comments heard at Morningstar
Mergers suck. The fintech revolution is overhyped. This is the worst time to be an investor.
These were just some of the blunt comments and contrarian viewpoints shared at Morningstar's Investment Conference from luminaries such as BlackRock CEO Larry Fink and Ritholtz Wealth Management CEO Josh Brown.
More than 2,000 attendees heard industry giants inveigh against what they saw as troubling trends. At the same time, they also got words of encouragement. Fink, lamenting the poor state of financial literacy in the United States, told advisers now was their best chance to make a positive impact on clients' lives.
Scroll through to see the crème de la crème of what Morningstar had on offer.