RIAs must hold fire on chopping expenses in this 2021-2023 downturn, though one expense is fair game -- and it should be high on the list to trim
The best firms make their biggest gains courtesy of recessions -- not least 2008-2011 -- but the contrarian investments must be born on the backs of RIA principals, not staff
Author Eliza De Pardo April 4, 2023 at 5:22 PM
Brooke Southall and Keith Girard contributed to the editing of this article.
FAA
April 5, 2023 — 3:59 PM
Lost me with your analogy 'It makes as much sense to cut talent or growth efforts as it does moving client assets to cash right now.'.
