Author Topic: RIA Benchmarking Study Means  (Read 362 times)

0 Members and 1 Guest are viewing this topic.

Offline patternTopic starter

  • Newbie
  • Joined: Dec 2021
  • Posts: 10
  • Country: 00
  • Karma: +0/-0
  • HODL!
    • View Profile
  • Bitcoin Address: vvrdsvds sdfvc
RIA Benchmarking Study Means
« on: February 13, 2022, 03:52:06 PM »

your ads here
RIA Benchmarking Study Means

 In our recent webinar, we spoke with Lisa Salvi, vice president of Business Consulting and Education for Schwab Advisor Services, to discuss the findings of the 2020 RIA Benchmarking Study and highlight the factors underlying that growth.
The Importance of a Strategic Plan
Currently in its 14th year, the RIA Benchmarking Study is one of the leading studies in the industry and features findings from 1,010 advisory firms representing $1.1 trillion in AUM.
Conducted between January and March of 2020, the study found that advisors started the year in a position of strength following the longest bull market in recent history. Surprisingly, many firms continued to see ongoing growth even during the worst periods of volatility in March.
“Advisors are used to innovating... and I think that’s one of the things in this COVID world that has helped to set them up for success,” explains Salvi, emphasizing that a keen focus on client experience has made a crucial difference during a period of extreme uncertainty. “We saw people pivot their business model very rapidly and serve their clients extraordinarily well throughout this time period.”
One of the biggest predictors of success for many firms has been a clear and actionable strategic plan. In fact, 75% of the top-performing firms in the study had these plans in place before the start of the pandemic and have been able to adapt to challenges more effectively as a result. According to Salvi, a comprehensive strategic plan should include a long-term vision, SWOT analysis, a purpose, and a value proposition. She also emphasizes that firms of all sizes can benefit from having one.
[/font][/size][/url][/color]  [/font][/size]
[/color]Forex trading Signals[/font][/size][/url][/color] [/font][/size]
[/color]Free Forex Signals[/font][/size][/url][/color] [/font][/size]
Persona Targeting Can Yield Significant Results
To create those personas, firms need to take into account the demographic and psychographic characteristics of their ideal clients and understand what matters to those clients and what they value. For firms that are still in the early stages of growth, Salvi suggests that it’s okay to take on clients outside of those ideal personas, as long as there is some overlap with the key demographic they aim to serve.
A focused business model that focuses on ideal client personas and a strategic plan can give your firm a clear sense of direction and a predictable growth trajectory. Best of all, it can help you navigate periods of volatility and still come out on top.
Forex trading Signals live  include  EURUSD , GBPUSD trading signals to catch trading opportunity and ride the movements depend on technical analysis



Started by Jburns

Replies: 1
Views: 1707
Last post March 02, 2018, 03:24:59 PM
by Haran
A study by IXX Exchange found that investors say they will buy more bitcoins

Started by crystalJones

Replies: 0
Views: 1754
Last post September 22, 2020, 06:07:34 AM
by crystalJones
Cryptocurrency exchanges community study

Started by nedwalonet

Replies: 0
Views: 754
Last post July 02, 2019, 08:23:53 AM
by nedwalonet
Study says that 80% of ICO’s today are scams.

Started by FinnethB

Replies: 1
Views: 1364
Last post October 14, 2018, 08:21:26 AM
by emma.lee1890
Should I consider bitcoin as a means to store money, how much can I lose?

Started by greenace92

Replies: 0
Views: 5367
Last post July 01, 2015, 09:24:33 AM
by greenace92