Rumors regarding the death of the independent RIA are premature, at best. The independent RIA model remains a popular business model for serving the financial needs of high net worth individuals and families. We have evidence of that – Pinnacle Advisory Group has been an independent RIA for more than 25 years and is now…
In a recent blog, Michael Kitces, Pinnacle’s Director of Wealth Management cites a Cerulli Associates report stating that the number of financial advisors who are outsourcing investment management is on the rise. He goes on to argue those numbers will continue to grow as advisors focus more on financial planning as part of their value…
Don’t Sell Your Firm, Redesign It! is one of our most read articles to date. In fact, advisors continue to download this article four months following its publication. The reason? It strikes a chord. Advisors are getting older. They do not have a continuity or succession plan. And they are considering alternatives. While they review these…
In our last blog post – Emerging Advisors Can’t Risk Manage Assets – we noted that a growing number of emerging advisors are searching for a more risk-managed investment approach having suffered the consequences of two major market declines already and sensing there could still be another one in their future. We also pointed out, that many…