 The independent advisory business is moving quickly to a place of professionalization and specialization. It’s akin to the way the medical profession evolved from stand-alone one-doctor practices to larger organizations with more resources and a wider array of expertise. This evolution will challenge the survival of the smaller practitioners. It will also benefit consumers, as the emergent independent advisory firms provide simplified access to information and improved transparency to their clients.”Steve Lockshin, Principal, AdvicePeriod |
