Scott MacKillop offers a view on industry awards contrary to Bob Veres, who took the Luminaries, Wealthies and others to task for editoral/sales conflicts
'We see them as merit based. If we win an award or receive recognition as a finalist, we feel that it means something.'
Author Guest Columnist Scott MacKillop October 15, 2022 at 12:38 AM
![Eric Boatwright](/_next/image?url=https%3A%2F%2Fwww.gravatar.com%2Favatar.php%3Fgravatar_id%3D6c18fcfe04157c4873bd9e792d9ccc61%26default%3Dhttps%253A%252F%252Fucarecdn.com%252F0b5addcb-6e7e-48f1-9e88-2279491e69b9%252Fiphonelogo.png%26size%3D50&w=1200&q=75)
Eric Boatwright
October 15, 2022 — 12:56 AM
I respect both Bob and Scott. Each have good points. My 3 cents is too many investors rely on awards, when choosing advisors/advisers, many of which are fake.
![Knut Rostad](/_next/image?url=https%3A%2F%2Fwww.gravatar.com%2Favatar.php%3Fgravatar_id%3De60c313ac0e798a9c50dc6f9124cc986%26default%3Dhttps%253A%252F%252Fucarecdn.com%252F0b5addcb-6e7e-48f1-9e88-2279491e69b9%252Fiphonelogo.png%26size%3D50&w=1200&q=75)
Knut Rostad
October 15, 2022 — 1:04 PM
Great point concisely said, Eric. I thank RIA Biz for having this "point / counter point" discussion with two real stars in their fields. Such discussions are too rare today as legal ambiguity, polarized talking points or sales pitches dominate.
Related Moves
After a 2018 cash scare, Scott MacKillop got a $1.5 million lifeline and -- boom -- RIAs rewarded his flat-fee TAMP with 1,000% AUM growth in 35 months
First Ascent now has $1.1 billion in RIA AUM and reached a sweet milestone -- its founder has a take-home salary and apparent sustainability.