Knowledge and Insight
Take advantage of the wealth of information in the Knowledge and Insight Digest. Read curated and organized industry articles.
The Rise of the Mini-Aggregator
From wealthmanagement.com
Added on November 2014 in M&A Issues
1 visitor like this article | Viewed 374 times | 0 comment
Summary: When Constantine Hatzivassiliou was deciding to leave The Bank of New York Mellon, it took him about a year to figure out where to go. He wanted a firm that offered trust services, fiduciary-level advice and a more customized level of service to his clients. If Hatzivassiliou is any indication, some individual RIA firms are emerging as true competitors to the large aggregator firms.
Study: Succession Could Drive Further RIA Consolidation
From WSJ Online
Added on November 2014 in M&A Issues
2 visitors like this article | Viewed 371 times | 0 comment
Summary: A survey of TD Ameritrade's largest registered investment advisory firms that use its services showed that 72% of those advisers, who manage more than $1B in client assets, expect further industry consolidation in the coming year, while 10% said they expect a “significant” jump in activity ahead.
To Ensemble or Not To Ensemble
From wealthmanagement.com
Added on October 2014 in M&A Issues
0 visitor like this article | Viewed 401 times | 0 comment
Summary: While outright acquisitions and deals get all the media attention, mergers are quietly transforming the industry. At the time you read this, thousands of advisors are negotiating the combination of their practices with others in order to create scale, leverage each other’s skills, gain resources, and tackle succession. Perhaps the fastest and best way to grow into a bigger firm is by merging with another business.
7 Management Secrets From Successful Advisors
From Financial Planning
Added on October 2014 in Manage Your Practice
1 visitor like this article | Viewed 347 times | 0 comment
Summary: A simple strategic plan can help you stay focused and influence where your business ends up. This roadmap can also facilitate accountability: Give your staff members responsibility for implementing it, and evaluate them on their success. Here are a few insights from leading advisors on setting strategic priorities, keeping initiatives on track, and getting staff engaged in the process.
Top-Performing Firms Have Raised Fees: Tibergien
From Think Advisor
Added on October 2014 in Manage Your Practice
1 visitor like this article | Viewed 340 times | 0 comment
Summary: A panel comprising four members of Pershing’s advisor-focused brain trust took to a New York stage Monday afternoon in a Discover 2014 session that addressed a wide range of topics, from the shrinking broker-dealer ranks to robo-advisors to which advisors (and their partners) will thrive next year and beyond.
