Joan Solotar on Blackstone and the Future of Private Wealth (EP.47)

Joan Solotar, Global Head of Blackstone Private Wealth, joins Brad Walker to describe how she moved from equity research to running one of Blackstone's fastest-growing businesses, and how the firm grew from a small operation to more than a trillion dollars in assets. The conversation covers building out private wealth distribution, advisor education, access and portfolio design, and the technology and friction affecting adoption. She also discusses real estate, private credit, the IPO outlook and how she thinks about AI.

1. Solotar traces her path from equity research to leading Blackstone Private Wealth, and describes how the firm scaled to more than a trillion dollars in assets.
2. She gives her views on what the industry is getting right on advisor education and on private investments.
3. The discussion covers access and portfolio design, plus technology, friction and adoption.
4. She addresses real estate and private credit, saying she expects demand for private credit to persist because of its yield relative to other parts of fixed income, and also covers the IPO outlook and AI.