In this section we present key findings and insights from our survey questions on practice management and operations, including services offered, the most time-consuming activities, professional designations, custody relationships and documentation trends.
There’s a shortage of younger advisors entering the field, and it’s only going to get worse. Firms need to beef up their training programs and explore new sources of talent.
Some of the biggest independent financial advisory firms started with nothing more than a pen, a piece of paper and a willingness to bounce back from missteps.
