Fixed Income Solutions for Breakaway Advisors Entering the RIA Space
June 25, 2019
Wirehouse advisors are often sold the idea that the independent channel cannot support sophisticated investment solutions. Therefore, a major concern for every breakaway advisor as they make the move to Independence is how they will recreate the products and services they have always had available to them in a wirehouse environment. What they do not…
The COO Roundtable, Episode 6 Featuring Jeff Concepcion, Nancy Andrefsky, & Lou Camacho
June 3, 2019
In the sixth episode of The COO Roundtable, Matt was excited to welcome the first CEO to the Roundtable discussion! Jeff Concepcion, Nancy Andrefsky, and Lou Camacho from Stratos Wealth Partners joined Matt for an easy going, yet extremely insightful interview. Stratos Wealth Partners has 287 advisors in 87 offices across 24 states and serves…
Breakaways Should Treat Their Reporting Provider Like a Relationship: Don’t Rush Things!
May 29, 2019
As part of our work with breakaway advisory teams, we help coordinate the various RIA systems needed for advisors moving to Independence. We work with the selected technology providers to design an integrated workflow of all systems that cater to the team’s particular clients and services provided. Once their custodian has been selected, the first…
PFI Advisors White Paper: Fixed Income Solutions in the RIA Industry for Breakaway Advisors
May 22, 2019
We announced today the release of a new industry report (the seventh in our continuing educational series) on the increasing number of fixed income solutions available to RIAs in the Independent channel. Our research details institutional-caliber fixed income trading solutions available to independent advisors, profiling three firms that enable RIAs to access this asset class…
Top 5 Lessons Learned from Episodes 1-5 of The COO Roundtable
May 7, 2019
We’d like thank everyone who has listened, subscribed, and given feedback on The COO Roundtable thus far. We’ve really enjoyed conducting these interviews and hearing all your reactions. Our interviews to date have included ten operations professionals at nine multibillion-dollar RIAs across the country accounting for over $30 billion in client assets under management. With…
The COO Roundtable, Episode 5 Featuring Heather Fortner & Lucas Winthrop
May 1, 2019
In the fifth episode of The COO Roundtable, host Matt Sonnen was thrilled to sit down with Heather Fortner of SignatureFD and Lucas Winthrop of Winthrop Wealth Management. SignatureFD, headquartered in Atlanta, Georgia, currently manages approximately $3.5 billion in client assets with over 80 employees. Winthrop Wealth Management, located in Boston, Massachusetts, manages about $1.1…
Book Review: The Financial Advisor M&A Guidebook
April 24, 2019
PFI Advisors has written a lot around the operational side of M&A, and how important it is for firms to think through not only deal structure and valuation, but the planning process around integrating the two firms into one cohesive company once the deal closes. As Chris Voss, former FBI hostage negotiator states in his…
Why is an Ops & Tech Consultant Writing About Client Segmentation?
April 16, 2019
Anders Jones of Facet Wealth recently wrote that as RIAs approach the elusive $1 billion AUM milestone, they need to be increasingly cognizant of their profit margins and resources needed to service their clients. The goal of any RIA is to provide high-touch service to an ever-expanding client base. RIA owners will achieve this goal…
The 3 Most Common Technology Headaches RIAs Face
April 8, 2019
Technology reporter Ryan Neal’s recent article offered a refreshing (and interesting) perspective of problems RIAs often face with their technology suite of systems. He provided an entertaining spin on this common challenge for firms, likening popular Netflix star Marie Kondo’s philosophy of cleaning house to revising an RIA’s technology infrastructure. As operations and technology consultants,…
The COO Roundtable, Episode 4 Featuring Tom Harms & Stacey McKinnon
April 1, 2019
In the fourth episode of our podcast, The COO Roundtable, Matt sat down with Tom Harms of Summit Trail Advisors and Stacey McKinnon of Morton Capital Management. Summit Trail Advisors manages about $5.2 billion in client assets across five office locations: New York City, Chicago, San Francisco, Boston, and Washington D.C. Morton Capital Management, located…
