Category: RIA Best Practices
17 posts categorized as "RIA Best Practices"
PFI Advisors and Laserfiche Join WealthManagement.com to Discuss “M&A Through the Operational Lens”
August 1, 2018
We have been long-time proponents of the notion that RIAs need top tier technology infrastructure to support growth through M&A. Many would-be Buyers mistakenly think, “If I’m the one writing the check, it is the Seller who needs to impress me.” What they often fail to realize is that the current M&A market for RIAs…
PFI ADVISORS ANNOUNCED AS FINALIST IN TWO CATEGORIES OF THE WEALTHMANAGEMENT.COM INDUSTRY AWARDS
May 30, 2018
We are excited to announce that PFI Advisors has been selected as a Finalist in WealthManagement.com’s 2018 Industry Awards for our retainer-based COO Resource offering, as well as for our M&A white paper, Becoming a Professional Buyer, Part 2. Our COO Resource is intended to help RIAs in five different scenarios: Newly-Launched, such as breakaway…
Harnessing RIA M&A strategies for growth
May 11, 2018
With the RIA industry setting itself up for further consolidation based on the macro trends impacting the industry, the opportunity for peer-to-peer M&A activity is increasing dramatically. Multiple industry studies are anticipating record levels of deal-making in 2018, with volumes expected to increase dramatically in the years to come. Scale is becoming critical for RIAs…
Advisors Explain How They Made An Acquisition Work
April 11, 2018
Karen DeMasters of Financial Advisor Magazine detailed the strategies used by some of the most successful RIA acquirers in our industry. We were honored to cover these firms in our most recent white paper. See Karen’s full article here
3 Requirements for Successful Project Management
March 21, 2018
As an operations and technology consulting firm that works with both breakaway advisors and existing RIAs in growth mode, we have become adept at project management and the importance of maintaining a strict schedule with many moving parts. Building an RIA from scratch is typically a 10-month project that requires work over long nights and…
Mark Tibergien’s Latest Book Could Put RIA Consultants Out of Business
March 4, 2018
As a consultant to both breakaway advisors and RIAs, some may question my title to this article, and others may question my timing, as “The Enduring Advisory Firm: How to Serve Your Clients More Effectively and Operate More Efficiently” was released over a year ago. To the first point, any RIA struggling with profitability in…
Ready to Take Your Firm to the Next Level? Let Professional Management Lead the Way…
February 19, 2018
As RIAs grow, they continue to struggle with the optimization of their back office operations to achieve increased profitability as they gain clients and additional AUM. It’s no secret that there are inefficiencies that creep into RIAs’ processes over time, and it is our experience that at some point in the evolution of the firm,…
Matt Sonnen Joins Steve Sanduski’s “Between Now and Success” Podcast to Discuss RIA Technology
February 2, 2018
With the accelerating pace of technological change, how can you be sure you are making the right technology choices? What should your tech stack look like? One of the biggest changes in the financial advisory business over the past 10 years or so has been the rise of technology. Now, of course, technology has always…
Former Luminous COO to Provide Operations Consulting to RIAs
January 16, 2018
Advisors have been asking Matt Sonnen, CEO of PFI Advisors, for an outsourced COO offering since he launched two years ago. He’s no longer fighting the market. PFI Advisors, a consultancy focused on transitioning $1 billion plus breakaway teams out of the wirehouses, has introduced a new operations consulting service called COO Resource for registered…
Alt investments on the rise among RIAs
January 2, 2018
We wrote this article for InvestmentNews to highlight the research we conducted for our Alternative Investments White Paper last October, where we highlighted the alternative investment resources provided by Artivest, iCapital Network, PPB Capital Partners, and Republic Capital Group. Based on the success of the RIA industry, the trend of breakaway advisers interested in exploring…
