Articles from Around the Web

OSJs That Aren’t Hybrid May See Growth Decline

2020-08-03T14:31:22-04:00

The flexibility custodians provide advisors are forcing OSJs to explore starting their own RIA to remain competitive.  As OSJs look to add advisors, they need to provide more resources and flexibility to attract advisors and differentiate themselves.  Being a hybrid firm with their own RIA is becoming one of those differentiators for firms.   Read [...]

OSJs That Aren’t Hybrid May See Growth Decline2020-08-03T14:31:22-04:00

Private Equity Will Fuel Recruiting Growth for Rest of 2020

2020-08-03T14:22:40-04:00

The need to recruit new advisors,  fueled by the insatiable appetites for growth of private equity firms who own BDs and RIAs as well as the short term focus of publicly traded companies is going to heat up the recruiting wars and money available for the rest of the year.   Read More

Private Equity Will Fuel Recruiting Growth for Rest of 20202020-08-03T14:22:40-04:00

During Coronavirus, Advisors Must Focus On Their Business Too.

2020-08-03T12:38:03-04:00

There is an expression we all know, "the cobblers kids have no shoes".   The metaphor implies cobblers are too busy helping their clients instead of themselves.  This can often be true of advisors as we see statistics in the industry supporting that theory, such as majority of advisors that don't have a succession plan or [...]

During Coronavirus, Advisors Must Focus On Their Business Too.2020-08-03T12:38:03-04:00

IBDs Are Using Super-OSJs to Infiltrate The RIA Space

2019-05-01T10:11:24-04:00

Increasingly advisors are evaluating becoming their own RIA and the risks and rewards of doing so.  This trend has created a new segment of firms for advisors to evaluate.  Hybrid-Super-OSjs, these firms can provide the scale that includes more affordable compliance and technology as well as a multi-custodial platform which advisors are seeking.  Some of [...]

IBDs Are Using Super-OSJs to Infiltrate The RIA Space2019-05-01T10:11:24-04:00

Surging Up Front Recruiting Checks Carry Significant Risks For Advisors

2019-05-01T10:00:13-04:00

The recruiting wars are here.  It was just a matter of time before it happened to the Independent BD and RIA space.  With so much money being invested by private equity firms into IBDs and RIAs, we were going to inevitably have recruiting wars that was going to drive up deal prices.  The one thing [...]

Surging Up Front Recruiting Checks Carry Significant Risks For Advisors2019-05-01T10:00:13-04:00

Why The Super-OSJ Model Is Far From Doomed – Financial Advisor Magazine

2018-10-12T09:42:57-04:00

Super-OSJs are not only here to stay for the long term, but some of them may outlast the Broker-Dealers.  There is no arguing that these firms are also competing and some are struggling in a margin compressing environment, but like so many other industries, the strongest won't just survive, they will thrive. Read More

Why The Super-OSJ Model Is Far From Doomed – Financial Advisor Magazine2018-10-12T09:42:57-04:00

Is Finra Outdated?

2017-12-13T17:18:08-05:00

This article from Think Advisor highlights the shrinking of Broker/Dealers and the expansion of RIAs.  The entire industry is doing more fee based advisory business, which is being driven by the DOL.  The real question that should be asked isn't is Finra outdated, it is when will Finra start overseeing RIAs? While there are plenty of [...]

Is Finra Outdated?2017-12-13T17:18:08-05:00

Independent Advisor’s Succession Partner is a Bank

2017-12-13T17:18:08-05:00

Under the right circumstances, Banks can be a great partner or succession plan for an independent advisor or RIA.  Unfortunately, not all banks are the same, but those that are progressive in their thinking can be a great partner or succession plan for an independent advisor.  Banks have money to spend and are continuously looking [...]

Independent Advisor’s Succession Partner is a Bank2017-12-13T17:18:08-05:00

The SEC Is Discussing A Single Fiduciary Standard, Again!

2017-12-13T17:18:08-05:00

Both RIAs and Broker/Dealers will have the same fiduciary standard when selling investments or making recommendations to clients.  This issue dates back to 2010 when Dodd/Frank officially became a law.  For those of you who aren't tracking the status of Dodd/Frank, within Dodd/Frank there is a provision for the SEC to develop a single fiduciary standard for [...]

The SEC Is Discussing A Single Fiduciary Standard, Again!2017-12-13T17:18:08-05:00