Rick Wurster

I'm doing really well.

Nice to be with you, Carol and Tim.

I always enjoy it.

Well, it was a record quarter for us as a firm.

Our earnings grew 50% year over year.

Our revenue was up 22% year over year.

And we saw net new client assets to the firm of $519 billion on the year, including an all-time record quarter in the fourth quarter of $163 billion.

And importantly, what we are seeing is a bull market for convenience, not just in financial services, but I think across most industries.

The way that reflects itself for us is a desire for clients to have more of their financial life conducted with one institution.

And we've been the institution for many that they're turning to.

We can help them with their investing needs.

We can help them with their trading needs, with their wealth needs, with their banking and lending needs.

And so by bringing together a client's financial life, we're able to help them more.

When we do that, their satisfaction actually increases and our business grows.

So it's a win for them because we're bringing convenience.

And it's a win for us because we're doing more business with them and doing more to help them in their financial life.

First, I distinguish between prediction markets and gambling.

Being able to forecast...

employment or inflation, and being able to take a point of view or position on those, and that could somehow hedge or accentuate the positions in your investment portfolio.

And I think as those were born, I think that makes sense within the context of an investment portfolio, and we're absolutely open to