# Profs. Roy Smith and Alan Rappaport discuss the changing demands on wealth managers

1 Faculty News July 8, 2014 ![Financial Advisor Magazine logo](/sites/default/files/styles/246w/public/assets/images/financialadvisorlogo.jpg?itok=8kGYiTGH)>

Excerpt from [Financial Advisor magazine](http://www.fa-mag.com/news/advisors-adapting-to-a-sea-of-change-18506.html) -- "'It's not easy to create value,' said [Roy C. Smith](http://www.stern.nyu.edu/faculty/bio/roy-smith), professor of finance, international business and management practice at New York University's Stern School of Business and a former general partner at Goldman Sachs & Co."

[Read more](http://www.fa-mag.com/news/advisors-adapting-to-a-sea-of-change-18506.html)