This may be the time for RIAs to rethink fee models and costs

March 27, 2020

This may be the time for RIAs to rethink fee models and costs

The coronavirus crisis may provide an important opportunity for RIAs to rethink their business models. 

John Furey (pictured), managing partner of RIA consulting firm Advisor Growth Strategies, said firms facing thinner profit margins should take this opportunity to sort their needs from their ‘nice to haves’ and to reexamine how they operate their businesses and compensate their teams.

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