Thought Leadership

Barron's top advisor shares the secrets to his success with rapt RIAs at TD event

From RIAbiz

Added on June 2011 in Thought Leadership

120 visitors like this article | Viewed 5959 times | 0 comment

Summary: Ric Edelman’s view of the RIA world: The key to growing an advisory business into a corporate brand is scalability. Referencing the Starbucks model, he noted that “Clients must be secure in the knowledge that you can resolve issues with the same level of success.”  Make sure your infrastructure is in place before you advertise.  You will master technology or be crushed by it. Between the potential of technology to increase scale and the aging demographic, the industry can look forward to a massive increase in assets.