David Solomon

And I think there's very, very strong secular growth in asset and wealth management, particularly around our positioning, which on the wealth side is for the ultra wealthy.

You know, obviously, as asset prices, you know, continue to appreciate, you think about the generational wealth transfer from the baby boom generation that's going to go on.

to the younger generation, my kids' generation.

There's some powerful dynamics there, and I just think we're very well positioned in that business.

So we have a wealth business that grows nicely double digits.

We have an asset and wealth management business collectively where we've said we think we can grow the fee-based durable revenue high single digits, but we're growing better than that right now.

And so I really think that we're in a long, secular upswing opportunity in wealth and in asset management.

There'll be some bumps maybe along the way, but I just think we're very well positioned when you look at our portfolio there.

And the growth dynamics for those businesses are quite attractive for us.

Technology in our business, you know, professional services, financial business, technology has been increasing productivity and allowing people to, smart people to do more, you know, for decades and decades.

And I, you know, just to be anecdotal about it for a moment, I go back to when I started

And I first was doing analysis, putting two companies together.

I go to the library and get the annual reports.

And on green line paper, I'd literally write the balance sheets and income statements down.

I'd add them together.

I mean, it would take me a week to 10 days to actually put two companies together and look at the combined financial results.

And then in 1985, somebody put an IBM 286 desktop computer on my desk and gave me Lotus 1-2-3 software.

And something that took me 10 days could be done in two hours.

And so the productivity game was massive.

You obviously here have dynamics where some of the work that analysts have been doing will be automated from this.