by Matt Sonnen | Jul 8, 2025 | COO Best Practices, Entrepreneurship
In today’s data-driven world, we have access to more business metrics than ever before. FromAUM growth to revenue per client to net promoter scores, the sheer volume of data can feel overwhelming. With such an abundance of information, many business owners fall into...
by Matt Sonnen | Jun 5, 2025 | COO Best Practices, Entrepreneurship, M&A
Change is an inevitable part of life, and while it often brings excitement and opportunity, it can also be deeply unsettling. Whether it’s starting a new job, moving to a new city, or undergoing a major organizational shift, the process of change can feel chaotic and...
by Matt Sonnen | May 12, 2025 | COO Best Practices, Entrepreneurship
The origin story of many RIAs is quite similar: a group of advisors unites with the sentiment, “We no longer need this large bureaucratic organization behind us, let’s go into business for ourselves!” They invite their support staff to take a leap of faith and join...
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 | 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...
