20 months in: A field dispatch from an advisor who started an RIA in a strange city with no clients
After stints as a Beverly Hills broker for Merrill and a salesman for Schwab, the Navy veteran went deep into academia to learn his trade
Levar
Great article.
Lyman Howard
Ryan, you are an inspiration! $10 mil is a milestone since early dollars are so difficult. Your newsletters are great! Hope to see you at SSG conference this April. Go Navy!
David Wallace
Great Article. Clearly the experience of cold-calling success has equipped you to take this on. The great news is that every new client = a pay raise! Although it’s a monumental undertaking and will take time away from asset gathering, I’d encourage you to consider the CFA program. It’s clear that you are thoughtful and intellectually gifted, as well as being a capable asset gatherer, so I think you would find the material interesting and helpful as you manage your models. Of all of the credentials you can show clients, I think has the most respect. Just my 2c
Related Moves
Orion Advisor Solutions calls 6% staff reduction a 'final action,' after ballooning headcount 40-plus percent since 2020 by gorging on Brinker, Redtail and five other companies
The Omaha, Neb., administrator of $3.6 trillion will cut 'duplicative' back office jobs to reduce staff to 1,320 from about 1,400.
September 30, 2023 at 2:31 AM
Charles 'Chuck Schwab' called James Gorman to protest a two-broker poach, kicking off a hydra-headed legal battle, costing Morgan Stanley millions, so far
The Schwab founder and chairman invoked Charles Schwab Corp.'s zero-tolerance policy against Wall Street -- or RIA -- poaching of talent and AUM from Schwab branches.
March 9, 2023 at 1:23 AM
Infamous stockbroker resolves civil suit stemming from violent tirade -- the apparent final chapter in an incident that went viral and forever branded him the 'Fairfield Smoothie Guy'
Broker Jim Iannazzo went all out with high-powered attorneys and slick Las Vegas crisis pr team to limit the damage from his actions, but whether he can ever live down the incident remains to be seen.
September 1, 2022 at 5:11 AM
Envestnet nabs Dani Fava to cross-pollinate semi-autonomous units and reap 'financial wellness' as the end product
The Chicago outsourcer has a massive, partially disconnected arsenal of products that CEO Bill Crager is rationalizing into 'wellness' with yet another new unit.
July 23, 2020 at 1:42 AM
See more related moves
MoneyGuidePro
Financial Planning Software
Top Executive: Bob Curtis
Redtail Technology
CRM Software
Top Executive: Brian McLaughlin
Blueleaf
Account Aggregator
Top Executive: John Prendergast
Shareholders Service Group
Asset Custodian
Top Executive: Peter Mangan
