A 31 year-old CEO raises $33 million for very RIA venture -- buying too-small RIA accounts, then serving them on a Merrill Edge-type platform in Baltimore
As LearnVest cedes the B2C financial planning niche, Anders Jones gets cash from Warburg Pincus to go after that market with a whole new approach; it includes cozying up to the RIA M&A boys and reinventing how human advisors plan
Author Brooke Southall September 11, 2018 at 10:07 PM
September 12, 2018 — 1:29 PM
Worth watching as the Facet business thesis appears to rest on a potentially attractive client acquisition strategy as "small accounts" (however defined) are endemic to the RIA species and are the bane of most RIAs' ops and business processing objectives.