The author of this article reflects on what counts as a successful RIA lift-out. At present, the main approach is to consider transfer of assets under management, how much those assets costs, and the break-even point. However, there are other factors in play. Allan R Starkie,...
Most wealth managers use their internal IT staff to handle cybersecurity. This is somewhat analogous to asking knee surgeons to perform spinal surgery. Although they are highly trained physicians and experienced in cutting bone, it is a whole new world when dealing with spines....
The work of wealth management executive search firms is particularly challenging at the moment because of COVID-19, even with the two-way video and other technology that changes how people work. A recruitment specialist in the space considers the issues....
With current events acting as a brutal reminder about the importance of strong wealth management advice and guidance, it should also bring home the stark reality that the industry faces a talent shortage. The average age of advisors has been creeping up. With trillions of dollars...
Allan Starkie PhD, a partner at Knightsbridge Advisors writes about the kind of considerations that need to be held in mind when assessing advisors, including in the process of M&A deals where wealth management firms are in play. ...
Allan Starkie PhD, a partner at Knightsbridge Advisors writes about the kind of considerations that need to be held in mind when assessing advisors, including in the process of M&A deals where wealth management firms are in play. ...
This article outlines interview tactics for the modern wealth manager. ...
Allan Starkie goes in detail about the competition for talent in the wealth management industry. ...