Why do some wealth management firms experience explosive growth while others plod along at a more leisurely pace? To answer this question, we recently invited senior executives from nine firms that manage $1 billion or more to join us for a full-day discussion of whats driving growth at these firms.
While each firm had its own unique market niche, they all shared one common trait: they focus on meeting the needs of high net worth and in some cases ultra-high net worth clients, and they do so profitably. These findings were consistent with Fidelitys 2012 RIA Benchmarking Study, which revealed that 75 percent of high-performing firms serve clients with average assets under management of $1 million or more.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access