White Papers
Helping US Independent Advisors Fight The "Awakening" Of Wirehouses - White Paper

The
Alliance for RIAs in the US has unveiled a new white
paper laying out
business strategies for advisors and firms that are
independent and want
to remain that way.
Realizing Your Ideal Model is the last paper in a four-part series entitled Creating Value and Certainty Within Your Independent Advisory Firm.
The papers are based on the combined experience and observations
of
the six aRIA members, who collectively manage over $20 billion in
client
assets.
Members include: Brent Brodeski, chief executive of Savant
Capital;
John Burns, principal at Exencial Wealth Management; Ron Carson,
CEO of
Carson Wealth Management; Jeff Concepcion, CEO of Stratos
Wealth
Planning; Matt Cooper, president of Beacon Pointe Wealth
Advisors; and
Neal Simon, CEO of Highline Wealth Management.
The white paper acknowledges that independent advisors are
the
fastest-growing segment within the financial advisory industry.
However,
the wirehouses are “awakening,” and the consolidators are driving
scale
similar to their wirehouse counterparts, it says.
“The time for talk is over - if independents want to remain
the
fastest growing segment of the industry over the next 10 years,
then we
need to get real about business management and what it takes to
execute a
growth strategy” said John Furey, principal at Advisor Growth
Strategies and the managing member of
aRIA.