RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

Aaron Klein fuels up with a 'jarring' new moniker, Nitrogen, and explains in a new Q&A: He knows his lane and won't let sentimentality slow his quest for unicorn status

The Nitrogen CEO and master showman wants RIAs to know they can grow like hothouse tomatoes, that TAMPs won't have to fear his fearless advance and that local signmakers have a place on his rising tide

Author Oisin Breen May 9, 2023 at 8:37 PM
Admin:
no description available
Aaron Klein: We're not going to ask you for a piece of your basis points.'
Brooke Southall and Keith Girard contributed to the editing of this article.

JL Livermore

JL Livermore

May 9, 2023 — 10:42 PM
I wonder how deep one must dive into the depths of debt and then struggle to return to topside reaching for unicorn status before one suffers the financial equivalent of nitrogen narcosis. The reach for that brass ring has proven very costly. JL
Steve Laskey

Steve Laskey

May 10, 2023 — 5:31 PM
Private companies don't disclose headcount? Sure, whatever. I'd assume their headcount has stayed flat or gotten smaller over the last year then.
Peter Giza

Peter Giza

May 10, 2023 — 7:01 PM
A little surprised given the Riskalyze brand is so well known. The cost and impact of rebranding isn't just dollars, it's building recognition again which impacts sales and ARR. Maybe that's the goal. Building recognition with a new audience. Pete
Brian Murphy

Brian Murphy

May 12, 2023 — 6:31 PM
So it would seem that the net is getting cast wider at this point, and the direction is in client relationship management. That's gonna be a tough one, Aaron - good luck. I think they'd be better served going in the opposite direction - namely serving client that have already been onboarded, more holistically than has been done to date. But hey, what do I know?
JL Livermore

JL Livermore

May 12, 2023 — 6:55 PM
Contrary to Mr Klein's statement, nitrogen is not a catalyst. "Nitrogen is like that – it’s a catalyst, it’s a force multiplier, it’s an essential element for growth,” Nitrogen is an inert gas used to isolate objects undergoing various industrial operations to prevent oxidizing such as fusion, plasma cutting, welding, etc. It makes one wonder if the name change will have an inert effect on brand recognition. JLL

Related Moves

Six months after 'Nitrogen' reboot, Aaron Klein pulls rip cord on CEO job but will stay on board to jumpstart quest for $1-billion valuation under hand-picked replacement

The Nitrogen CEO is still the largest 'individual' shareholder and promises not to start a new company but he's already launched a side-hustle consultancy

November 15, 2023 at 3:24 AM

After Riskalyze raised a pile of cash, it went shopping for a chief technology officer and found him at Apex Clearing

The Auburn, Calif., risk software maker is undergoing a shift to enterprises and nabs Josh Gray from the Dallas firm.

August 10, 2022 at 2:25 AM

Riskalyze replaces Lori Hardwick with Laurie Schultz at board chair and publicly tells her -- and the RIA industry -- it's moved the goalposts to a $1-billion valuation

The Auburn, Calif., firm's new chair already took one risk software firm to unicorn status and promises to 'do what it takes.'

November 24, 2021 at 11:12 PM

Lori Hardwick steps down as AI Labs president and steps up as a gunslinging paladin for Riskalyze and other firms in new gig economy consulting role

The co-founder went to the Tiburon CEO Summit in April and came away with four big consulting gigs that morphed into a new career

June 13, 2019 at 2:48 AM


Mentioned in this article:

Riskalyze
Tech: Other
Top Executive: Aaron Klein



RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo