The biggest gap among revenue-growth initiatives between top performers and all others? M&A. Partnering with another firm can be a quick avenue to strategic growth."
InvestmentNews |
Summary: Advisers spend a lot of time thinking about their growth strategies. Two years ago, when InvestmentNews fielded the 2012 InvestmentNews/Moss Adams Financial Performance Study of Advisory Firms, we identified a subset of firms that were deemed “top performers." These firms were defined as the top quartile of participants across a range of metrics including revenue growth, cost control and profitability. The study found that the fastest-growing and most profitable firms sometimes take an unconventional approach to their business models.
The biggest gap among revenue-growth initiatives between top performers and all others? M&A. Partnering with another firm can be a quick avenue to strategic growth."
InvestmentNews |
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