How RIAs Clear a Path to Profitability

Your Blueprint to Sustainable Scaling Through Specialization

Against an industry backdrop that favors large firms, RIAs must focus on maximizing profit and growth to stay competitive. The solution: specialization through education.

OF FINANCIAL ADVISORS ANNUALLY EARNING AT LEAST $1 MILLION IN NET INCOME TARGET A PARTICULAR NICHE.1

1 CEG Worldwide

Our RIA Profitability Plan gives you a blueprint to:

Respond to diverse client depends and potentially grow per-client revenue
Provide a potential path to business structure and advisor recruitment
Identify specialty programs to deepen professional expertise and client relationships

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Survey Says: Specialized Knowledge Powers Success

Get the Facts with Our RIA Flash Survey

We asked, and your peers answered.

The College surveyed nearly 400 independent advisors who weighed in on their path to growth. Their responses provided critical insights into the state of the industry, the pressures they face from changing client demands, and the solutions they’ve sought to increase earnings and grow their teams.

SEE THE RESULTS

AGREE THAT EDUCATION BEYOND THE CFP® CERTIFICATION IS IMPORTANT.2

2 RIA Growth and Specialized Knowledge Survey. The American College of Financial Services. 2022.

See Stories of Success

Independent Advisors Share Their Profitability Plans

To thrive and grow, independent RIAs must find creative ways to ensure profitability for their firms. Some have figured it out – and their success can be yours as well.

Watch video stories from thriving RIAs to discover how the right education can offer a path to real differentiation and sustained success.

VIEW THE STORIES

Why Now is the Right Time for RIAs to Specialize

Watch Our On-Demand Webcast

The financial services industry is very competitive in the search for talent. Research indicates advisory firms have on average three open positions.3 But for those who overcome this challenge, the rewards are powerful.

In a November 2022 webcast, Wealth Management Certified Professional® (WMCP®) Program Director Michael Finke, PhD, CFP® hosted a conversation with a panel of independent advisors on how they equipped their practices to adequately respond in every market environment.

Watch the on-demand replay now.

3 RIA Growth and Specialized Knowledge Survey. The American College of Financial Services. 2022.