Knowledge and Insight > Plan for the Future

Mark Tibergien's Latest Book Could Put RIA Consultants Out of Business

Matt Sonnen | PFI Advisors, March 2018

Summary: [Blog] As a consultant to both breakaway advisors and RIAs, some may question my title to this article, and others may question my timing, as “The Enduring Advisory Firm: How to Serve Your Clients More Effectively and Operate More Efficiently” was released over a year ago. To the first point, any RIA struggling with profitability in…

CEOs and COOs are tasked with building the firm culture (“What do we want our business to be known for by both employees and clients?”), focusing on the financial metrics of the business to ensure the operating plan is being executed against assumptions that are still relevant; handling HR related issues such as hiring, training, and the formulation of salaries, official job titles and career paths, and they can contribute greatly to how firms deploy their technology.