How a swath of billion-dollar-plus RIAs are posing a threat to indie advisors

Good article. Systems research suggests that markets eventually trend towards the 80%/20% rule. No need to believe the RIA market will be any different as it matures. A few big winners, shrinking middle sized firms and many small niche firms.

We are marketing and growth consultants and see how difficult it is for a firm to move up a tier. It’s much easier to slip down a few rungs.

We are also M&A consultants and see the consequences of disinvestment in growth when owners retire. Disinvestment in growth substantially cuts the value of a firm at sale. Not pretty.

Note: Allow us to brag and also say we were noted as one of the Top 100 marketers (in all industries) for follow on Twitter. Shameless self-promotion.

Short coda to our note above. A billion dollars AUM is not that much anymore and especially going forward, as the investment market grow, likely, exponentially.