Your Competitors Are Quietly Buying Their Way to Wealth Management Domination
You're about to get left behind if you don't start playing the acquisition game
While you've been grinding out 8%-12% annual growth through referrals and networking, do you know what the smartest advisors in your market have been doing?
They've been quietly buying their competitors.
And they're not just growing faster than you, they're fundamentally changing the game while you're still playing by the old rules.
I'm talking about advisors who've figured out that the traditional "slow and steady" growth model is actually a recipe for getting steamrolled by competitors who understand acquisition math. And trust me, once you see these numbers, you'll never think about practice growth the same way again.
The Math Changes Everything
Here's what nobody talks about at industry conferences: The difference between a $50M practice and a $250M practice isn't just five times bigger, it's a completely different business with completely different economics.
Look at this picture and tell me it doesn't make your stomach turn:
The 5-Year Growth Reality Check
That's not a typo. While you're celebrating a good year with 12% growth, they're literally building practices 3x the size of yours in the same timeframe.
But here's what really should keep you up at night...
Scale Economics Crush Smaller Practices Over Time
Every month you delay, the gap widens. Because once a practice hits certain AUM thresholds, the economics become almost unfairly advantageous:
The Brutal Reality of Scale Economics, I almost fell of my seat when I did this math (pay attention to this chart) and realized the great dichotomy among Advisor that could be sitting next to each other in the same branch!