Nearly 25 years ago, Owen Dahl, board member and Head of Professional Services at Truelytics realized that a great wave of transition was coming for the wealth management industry and the industry wasn't prepared to handle it. At the time financial advisors, RIAs, and broker-dealers relied exclusively on expensive consultants to measure a business's performance and valuation.
Owen recognized that software could greatly reduce the cost and time needed for these tasks and allow advisors, practice management professionals, and consultants to focus their attention on navigating transitions more effectively.
In this episode of The Modern Financial Advisor Podcast, Owen shares the story of the genesis of the Truelytics software platform and how he and his team are working with M&A and succession planning consultants as well as other service providers to better serve independent financial advisors and RIAs.
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.
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Resources Related to this Episode:
Below is a list of resources related to this episode or mentioned in the update video above:
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- Don't Make Me Think - Author, Steve Krug helped lead the charge that changed our relationship with software. Remember how hard it used to be to install and use software 20 years ago? Now, you go to Truelytics.com and simply sign up or download an app from the AppStore.
- The Great Transition - Jeremi Karnell shares the key demographic and business data that support the thesis of a coming wave of transition. And, most importantly he shares a roadmap for navigating the events to come.