Where is the client mind-set right now, especially in the UHNW space, regarding trust in the markets? KEITH BANKS: When I look at the clients of our industry and our firm particularly, I think they are healing. I think they're on a journey. They are not all the way back, either. I think people still have cash and a lot of fixed income. I still don't believe the typical client is back to where we and probably other firms think they should be from the standpoint of a representation in equities and alternative investments. It's almost a psychic healing process that's going on. Clients have the wherewithal, but because of 2008 there's that mental adjustment. Although we're getting more and more distance from that time, it is still a deep cut.

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