Discover why Scott Stackman considers the bankruptcy of Lehman Brothers a turning point in his journey as a financial advisor

  • Lehman Brothers’ collapse was the best thing that happened to Scott Stackman’s career
  • Stackman believes the bankruptcy of Lehman was a pivotal moment in his development as a financial advisor
  • Stackman is currently ranked ninth nationally by Barron’s and leads a 17-person team with $8.7 billion in client assets

Scott Stackman, a highly ranked financial advisor at UBS Private Wealth Management, reflects on the bankruptcy of Lehman Brothers in 2008 as a defining moment in his career. Despite the widespread negative impact of the event, Stackman believes it was the best thing that ever happened to him professionally. Today, he leads a successful team in New York with $8.7 billion in client assets and is recognized as one of the top advisors in the country by Barron’s. Learn more about Stackman’s unique perspective on how adversity can shape success in the financial industry.

Public Companies: Lehman Brothers (N/A), UBS (N/A)
Private Companies:
Key People: Scott Stackman (financial advisor)

Factuality Level: 3
Justification: The article provides some background information about the bankruptcy of Lehman Brothers and includes a quote from Scott Stackman, a financial advisor, who believes that the bankruptcy was beneficial for his career. However, the article lacks specific details or evidence to support this claim and does not provide a balanced perspective on the topic. It also includes unnecessary information about the author’s subscription status.

Noise Level: 2
Justification: The article is mostly noise and filler content. It does not provide any meaningful analysis, evidence, or insights. It is also unrelated to the topic of the financial crisis and does not provide any actionable information.

Financial Relevance: Yes
Financial Markets Impacted: Lehman Brothers bankruptcy

Presence of Extreme Event: Yes
Nature of Extreme Event: Financial Crash or Crisis
Impact Rating of the Extreme Event: Major
Justification: The article discusses the bankruptcy of Lehman Brothers, which was a major event during the 2008-09 financial crisis. This event had a significant impact on financial markets and companies, including UBS Private Wealth Management. The bankruptcy of Lehman Brothers had long-lasting consequences and resulted in widespread economic disruptions and damages to critical infrastructure.

Reported publicly: www.barrons.com