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HiddenLevers' Raj Udeshi takes victory lap after nabbing Focus Financial account: 'We dropped a bomb in BlackRock's backyard;' But it's just a battle not the war, analysts say

The founder's analytics software firm had to beat out Aladdin but the reward is a doubling of assets and $1-million-plus contract

Author Oisin Breen
March 27, 2019 at 9:41 PM
no description available
Raj Udeshi: Here's a seven-figure deal I just beat Blackrock on.

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The RIA world's provacateur, Raj Udeshi, left Orion to go 'nuts,' bears no grudges after the Riskalyze assault, and reveals his one regret was taking too little risk

Now in Kern County, Calif. the HiddenLevers founder, 45, is growing pistachios for 'single-digit' returns and maintains a great relationship with Eric Clarke and Orion.

March 22, 2023 at 1:48 AM

With RIA valuations ticking down and successions ticking up, Focus Financial deep sixes 'drunken sailor' pause, forgoes buyback plan and adds a CEO

CEO Rudy Adolf sees a 'softening' in multiples after a couple of frothy years when CI Financial dominated headlines and big RIA deals

August 13, 2022 at 12:39 AM

Biz Briefs: Vanguard's tax-loss harvest yields a caveat• Vermont green with envy ... of red states? • CFP Board spends $12 million on bungee metaphor • BlackRock isn't neutral on Credit Suisse • Women are the Goliath of 'David' in UK finance

Tax-loss harvest gains may have some home assembly required, says Jeff DeMaso • Adrian Johnstone is now in the driving seat at Practifi • CFP Board spending just topped $150 million • and Vermont shares some Texas thinking on ESG investing.

March 25, 2023 at 1:32 AM

Alan Moore is the No. 2 busiest man in the RIA business and he just convinced the No. 1 busiest man to budget $200,000 to hire a 'rockstar' to replace him

Alan Moore is CEO of both XY Planning Network and AdvicePay -- and he has three young kids; Michael Kitces agreed to let him hire a full-time replacement CEO for AdvicePay -- with some giant reqirements for the new exec.

February 14, 2023 at 3:15 AM

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Mentioned in this article:

Consulting Firm
Top Executive: Bill Winterberg

Envestnet Inc
Top Executive: Jud Bergman

Focus Financial Partners, LLC
Consolidator/Roll-up Firm
Top Executive: Rudy Adolf

RIA Publication
Top Executive: Eric Clarke, CEO

Technology Tools for Today
Consulting Firm
Top Executive: Joel Bruckenstein

Consulting Firm
Top Executive: Michael Kitces

Raj Udeshi

Raj Udeshi

March 27, 2019 — 11:54 PM
I didn't say half of these comments. Hilarious. RIABiz is the TMZ of the wealth management world.
Jeffrey Baker

Jeffrey Baker

March 28, 2019 — 1:00 AM
Who knew risk management could be so dramatic? Anyways, if you want to try it - <a href="https://www.hiddenlevers.com/#trial" rel="nofollow">https://www.hiddenlevers.com/#trial</a>
Gregg Wentz

Gregg Wentz

March 28, 2019 — 4:43 AM
LOL this is too much. RIA Biz thanks you for standing by the accuracy of your reporting, this publication is 2nd to none, keep up the great work this is only place to go get the real deal on any story out there Raj big talker - Not even close, RIA biz is the 60 Minutes / Frontline / Vice

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