“I hear from a number of advisors that they would make the move to independence if there was a way to get some liquidity around the move, because they view it as a way to potentially de-risk the move,” said Dynasty President and CEO Shirl Penney.
Abacus Wealth Partners has found it more advantageous to focus on a client’s behavior and spend less time talking about how much their portfolio went up or down in the last 90 days.
An investment committee can help registered investment advisors establish a disciplined approach to investing and credibility in the marketplace. Here are some best practices when creating one.