AUM Acquisitions will lead to 20% of Advisors Controlling 80% of AUM
But Your Service Levels Should be “Un-Freaking-Believable” first.
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Without a doubt the Wealth Management industry is in a crisis, there’s an undercurrent of a talent shortage and across the industry there’s simply not enough great talent coming into the industry.
While some may argue that “Good” Advisors will always be a small group because of the antiquated system of compensation and a culture of incentivizing the “AB…