IN RIA LABS_Practice Valuation
SEPTEMBER 24, 2024 
8:30 AM - 10:00 AM PST / 11:30 AM - 1:00 PM ET 
VIRTUAL

Leveraging TAMPs for Enhancing Portfolio and
Practice Management 

RIA firms, like all other businesses, need to operate efficiently. To enable this, advisors need to ensure they are allocating resources to offer the very best service for their clients, along with achieving other key objectives such as business development activities and increasing AUM. For everything else, TAMPs can offer a great deal of support – and work/life balance – for advisors.  

Turnkey asset management platforms (TAMPs) are fee-based solutions that can offer technology, back-office support, and investment services for financial professionals to better manage their client assets. However, despite the powerful support they can provide, many advisors do not fully understand how TAMPs can enhance their clients’ portfolios. Selecting the right platform which is best suits their clients’ needs can also be a challenge.

This virtual event will deep dive into the world of TAMPs, decoding the complexities and creating a clear and concise market picture. Key discussion points will include:

- understanding the latest market trends regarding TAMPs evaluating the benefits of leveraging a TAMP for both advisors and clients
- comparing the different types of TAMPs and the additional services they can provide
- what should advisors consider when selecting the right TAMP for their practice and clients?
- assessing the potential disadvantages of using TAMPs and the considerations advisors and clients should be aware of
- should advisors outsource or do it themselves when it comes to implementing asset management?
- can advisors still effectively manage both their client’s and their client’s investments?

 

Leveraging TAMPs for Enhancing Portfolio & Practice Management

 

RIA firms, like all other businesses, need to operate efficiently. To enable this, advisors need to ensure they are allocating resources to offer the very best service for their clients, along with achieving other key objectives such as business development activities and increasing AUM. For everything else, TAMPs can offer a great deal of support – and work/life balance – for advisors.  

Turnkey asset management platforms (TAMPs) are fee-based solutions that can offer technology, back-office support, and investment services for financial professionals to better manage their client assets. However, despite the powerful support they can provide, many advisors do not fully understand how TAMPs can enhance their clients’ portfolios. Selecting the right platform which is best for your clients’ needs can also be a challenge.

This virtual event will deep dive into the world of TAMPs, decoding the complexities and creating a clear and concise market picture. Key discussion points will include:

  • - Evaluating the key benefits of TAMPs for both advisors and clients
  • - Comparing the different types of TAMPs and the additional services they can provide
  • - What should advisors consider when selecting the right TAMP for their practice and clients?
  • - Assessing the potential disadvantages of using TAMPs and the considerations advisors and clients should be aware of
  • - Can advisors still effectively manage both their clients and their clients’ investments?

Uncovering RIA Practice Valuation: A Look Under the Hood

What impacts the value of an RIA firm? Strong organic growth, scalable business models, and efficient operations tend to command higher valuations. However, in this evolving landscape, what other factors come into play, and how can you best prepare for them?  

This edition of our RIA Lab series will uncover the key factors and considerations that all practice owners should be aware of, from both the seller and buyer perspectives.  

Our panel of experts will enable you to effectively ‘look under the hood’ to understand how the growth, profit, and risk profiles of your practice can impact its value, how variables such as client demographics and advisor payout models should be handled, and the strategies that you can implement when looking to explore potential acquisition or expansion.     

  • Exploring the factors that have contributed to the surge in demand for RIA firms  
  • Understanding how recurring revenue, such as fee-based advisory services, are valued more positively
  • What does the age, diversity, and retention rates of your clients say about your firm and its valuation?   
  • How does being an RIA versus a BD advisor impact valuation? 
  • Preparing your business for sale by improving its marketability, financial performance, and operational efficiencies 
  • Outlining the importance of a well-defined succession plan, alongside an  experienced and credentialed team of advisors, when attracting potential buyers   

Continuing Education

This program has been approved for 1.5 CE credits from the CFP Board and from the Investment & Wealth Institute.

CFP

This program has been accepted by the CFP Board for CE credit and can be reported for CFP® certification & renewal.

IWI

This program has been accepted by the Investments & Wealth Institute for CE credit, and can be reported for CIMA®, CPWA®, RMA® & CIMC certification & renewal.

Meet the Speakers

 

 

Chuck Failla

 


Chuck Failla

Founder & CEO, Sovereign Financial Group | Moderator

Chuck has been a financial advisor for more than 25 years. He started in the early 90s as a "cold calling cowboy" in NYC selling individual stocks. As he built his book, he always planned to go independent and did so in 1999 by opening an independent branch of Raymond James Financial. 

Read more here

Matthew_Matrisan-

 

 

Matthew Matrisian

Head of Client Growth, Assetmark

As Head of Client Growth, Matt believes the best financial outcomes begin with advisor-centric tools and capabilities that wrap around the needs of the investor.  

As a pioneer in advice delivery transformation, Matt’s thirty-year career has focused on simplifying the complexity of the financial services industry, supporting the evolution of advice  delivery, and enhancing advisor value.  

Read more here

 

Sandra_Cho

 

 

Sandra Cho

President, Pointwealth Capital Management

Sandra Cho is the Founder and President of Pointwealth Capital Management, a boutique wealth management firm specializing in comprehensive, generational wealth management. Her firm specializes in creating 360 degree financial plans encompassing assets, liabilities and strategy, smoothing the path for their clients and families

Read more here

 

Aaron_Wells

 

 

Aaron Wells

Director of Financial Analysis, FP Transitions 

Originally from Ohio, Aaron is a man about the nation, who has lived in five states, including Oregon. Currently, he resides in Georgia. He holds a BA from Anderson University in Anderson, Indiana.

 This is Aaron’s “second stint” at FP Transitions. His first stint with from February 2015 to March 2020. During this time, he worked with both the M&A and Valuations team to help our advisors understand, increase, and monetize the value of their businesses.

Read more here

 

Kay Lynn Mayhue

 

 

Kay Lynn Mayhue

President, Merit Financial Advisors

Kay Lynn has played many roles in the financial advisory industry: as a successor, partner, seller, and buyer. This unique and diverse background allows her to be able to relate to advisors in all phases of their careers and mergers and acquisitions. With a background in financial planning and leadership, her career expands over several areas, including advising clients, mergers and acquisitions, and strategic growth.  

Read more here

 
 
 
 
 

Thank You to Our Sponsors

AssetMark

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ABOUT THE RIA LAB SERIES

 

InvestmentNews' quarterly RIA Labs deliver timely and thought-provoking content in a compact and easily consumable format.
They also help InvestmentNews shape the content for the RIA Connect California (November 12, 2024). 


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