by Matt Sonnen | Jun 11, 2024 | Operations and Technology
Various industry surveys over the years have indicated that the larger an RIA gets, the more likely they are to leverage the services of more than one custodian. Over my 27 years in wealth management, I can confirm that the conventional wisdom has been, regardless of...
by Matt Sonnen | May 1, 2024 | Operations and Technology
Advisors tout the need to regularly review a client’s financial plan to ensure the portfolio is tracking in the right direction, to confirm the client’s goals have not changed, and to see if adjustments are needed for the rate of spending, saving or investing. ...
by Matt Sonnen | Apr 11, 2024 | COO Best Practices
Every business owner struggles with the profit vs. growth conundrum: When is it best to prioritize lean operations to maximize profits and cash flow, and when is it necessary to prioritize investing heavily in infrastructure to support future growth, even if it...
by Matt Sonnen | Mar 25, 2024 | COO Best Practices
In today’s fast-paced and hyper-connected world, distractions seem to be everywhere, hindering our ability to stay focused and be productive. With notifications from apps and devices constantly vying for our attention, it’s no wonder that many of us struggle with a...
by Matt Sonnen | Feb 16, 2024 | Operations and Technology
The goal of every RIA operations professional is to add efficiency and scalability to their organization. Said differently, we want to find a way to serve more and more clients without our level of service dropping. The 201st largest client of the firm should feel...
