News, Vision & Voice for the Advisory Community


Ascensus homes in on indie 401(k) advisors with adds of Commonwealth, Morgan Stanley vets

Author RIABiz
February 13, 2018 at 12:43 PM
no description available
Kathleen Roche

Elmer Rich III

Elmer Rich III

July 26, 2011 — 4:23 PM

We work in the UNHW/family office markets and the data is sobering. Two challenges present themselves:

- Data suggest 70% of family offices fail so serving large wealth is very demanding

- The challenge in the business model is, as the article suggests, demand that continually expands and proliferate while charging for services is always playing “catch-up.”

Add in pressure on fees overall and the economics can become unsustainable.

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING

RIABiz Directory sponsored by:

Directory Sponsor Logo