Pursuing sustainable growth: Why RIAs wind up with a leaky bucket
Jason Gordo | InvestmentNews, January 2024
Read the article online >Summary: The quest for growth in the financial advice industry is unrelenting, with independent registered investment advisors leading the charge. For years, this growth has been propelled in large part by the momentum of market gains and a thriving environment for mergers and acquisitions. However, the distinction between organic growth and market growth has never been more apparent, especially during periods of market volatility like we’ve experienced since the onset of the pandemic.