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
![Jamie McLaughlin](/_next/image?url=https%3A%2F%2Fwww.gravatar.com%2Favatar.php%3Fgravatar_id%3D9336996f2a9776dc0ff15f39971103d9%26default%3Dhttps%253A%252F%252Fucarecdn.com%252F0b5addcb-6e7e-48f1-9e88-2279491e69b9%252Fiphonelogo.png%26size%3D50&w=1200&q=75)
Jamie McLaughlin
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.