by Matt Sonnen | Mar 10, 2025 | COO Best Practices, Entrepreneurship
As someone who has consistently advocated for RIA owners to focus on the profitability of their client relationships, I took special note of Ellevest’s announcement on Feb 26 to shutter its robo advisor and sell it off to Betterment. Interestingly, Ellevest will...
by Matt Sonnen | Feb 25, 2025 | COO Best Practices, Entrepreneurship
There has been a lot of backlash pointed at the major RIA custodians of late, primarily around two issues: Increased Fees: RIAs will face higher fees for custodial referrals starting later in 2025 Cash Sweep Limitations: RIAs are no longer able to select a...
by Matt Sonnen | Jan 14, 2025 | COO Best Practices
The booming RIA industry is tied closely to its embrace of fiduciary duty, which mandates that advisors act in the best interest of their clients. The regulatory framework of trust and accountability distinguishes RIAs from brokers, and every year the RIA...
by Matt Sonnen | Dec 17, 2024 | Entrepreneurship
Christmas came early this year for Van Halen fans across the globe with the release of Alex Van Halen’s memoir, Brothers, in October. The book chronicles his family’s immigration from the Netherlands to the United States when he was just 8 years old...
by Matt Sonnen | Nov 14, 2024 | Business Development
During my eight years running a consulting firm, I discovered that content marketing was my most effective business development tool. As a business owner trying to gain awareness of our brand and services in a competitive marketplace, I faced a significant challenge:...
