 It’s unlikely that any RIA will become an Amazon, but a bit of “amazing” will be necessary for the advisory firm’s continued success and sustainability"Russ Hill, chairman, Halbert Hargrove |
Summary: Many writers, including me, have discussed the ways the U.S. will be affected by people living longer lives. The big question for the developed economies is how these changing demographics will affect their social safety nets and reduce productivity when there are many more older people. But how will the changes affect the RIA business? I rarely hear this question. Yet demographics will affect the ways RIAs offer service and the tools they use.
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