RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

DFA engages former Moss Adams analyst as it pilots its intel deeper into RIA space

The Austin, Texas-based firm is bringing on Jeff Pierce as part of its initiative to build its own in-house research arm

Author Lisa Shidler May 9, 2012 at 4:37 PM
Admin:
no description available
Dave Butler: If there’s a $50 million advisor, they might want to know something from a $500 million advisor.

Elmer Rich III

Elmer Rich III

May 10, 2012 — 12:19 AM

Along with Ken Fisher, DFA is certainly the most successful asset gathering firm and marketer in the business — delivering stunning wealth for the owners. They have untold amounts of money to invest in any new distribution scheme and stunning profit margins.

Any new marketing effort is trivial compared to the additional wealth it could produce for DFA Principals.

Miguel Gomez

Miguel Gomez

May 10, 2012 — 11:41 PM

Elmer,
Ken Fisher and DFA have no comparison.
DFA is a mutual fund company, Ken Fisher is a stock picker. I’ll concede that he’s a good marketer, but I’m yet to see a single advertisement for DFA, whereas you’ll Fisher’s name “everywhere”.
Also, DFA has expense ratios much lower than industry averages, maybe they just use their resources more efficiently?


Related Moves

BNY Mellon's new CEO is an RIA fan, and Pershing Advisor Solutions made a big personnel move to reflect it

Charles Scharf loosened the Pershing purse strings for Mark Tibergien who created 'head of platforms' position for Christina Townsend

March 12, 2019 at 10:14 PM

DFA undergoes a sea change -- literally -- with a fancy yacht soirée, cigars and champagne as it attempts to sail away from its mutual fund image into the world of ETFs

Having just about staunched net outflows with its embrace of ETFs, DFA is embarking on a cultural shift as it tries to figure out how to sell more, even though it's less unique than it used to be.

March 13, 2024 at 1:46 AM

The classic RIA era is sputtering and firms must 'decentralize,' hiring non-advisors to specialize, new Cerulli report shows, or RIAs will 'limp along,' a second consultant says

RIA principals have killed Wall Street with semi-solo shops -- only 35% have 'specialized staff' -- but the comfort zone must evolve for growth

January 13, 2024 at 2:24 AM

Pershing restores Ben Harrison as sole heir to Mark Tibergien -- for now -- but solo tenure may be temporary, with other top talent in the wings

Co-Head Maura Creekmore's departure leaves Harrison at the top by default, but the company is mum on future hiring and how much RIA autonomy gets sacrificed in name of 'convergence.'

January 19, 2023 at 3:31 AM

See more related moves

Mentioned in this article:

Moss Adams
Consulting Firm
Top Executive: Rebecca Pomering

Pershing Advisor Solutions
Asset Custodian
Top Executive: Mark Tibergien



RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo