Summary: It’s not easy being one of the largest RIAs in the country, even with RIA AUM growth outpacing that of wirehouses. Finding the right talent in a small pool of the most qualified advisors is tough — especially when you can’t dangle a name brand like Credit Suisse or J.P. Morgan before them.
 It's gets harder as you get bigger, because you are always tempted to do some of these side businesses that can come with commission sales or external shareholders. You can do that and be a fiduciary, but it’s hard and it’s expensive.”Russ Hill, CEO and chairman, Halbert Hargrove |
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