 “Advisors tend to have to win clients from other financial advisors. So clients are hungry to know what your differentiator is."Bill Militello, co-founder, Militello Capital. |
Are Your AUM Growing Fast Enough?
Chris Latham | Financial Advisor IQ, September 2014
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Summary: Over the course of a decade, a new practice goes from zero to $50 million in assets under management while another practice amasses twice that amount. In the next decade, the larger firm plateaus while the smaller one goes on to eclipse it in asset growth. Why the difference? And just how much should advisors expect to grow year on year?
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