There is a lot of attention on "scale" in the wealth management industry at the moment. And rightfully so. Independent financial advisors, RIAs, and broker-dealers are doing business in a rapidly changing environment. Robo-advisors, fee compression, free trading, free funds, private equity roll-ups... while none of these threats are existential they are best mitigated with scale.
In this episode of The Modern Financial Advisor Podcast my guest, Pepper Anderson, CEO of Chilton Trust Company shares how she and her team are scaling their business. Pepper also has some fantastic thoughts on succession preparedness. Hint: Succession is not only about the advisor.
Partner With Truelytics: Do you work with RIAs and independent financial advisors? Are you helping them grow their business, become more profitable, or prepare for transitions? If so, you should reach out to explore the Truelytics Solutions Partner Program.