Feeling the prevailing winds of change? You’re not alone. Transitioning from a traditional wealth management environment to an independent RIA model can help you get ahead of the zeitgeist and lay the foundation for enduring growth. Amid shifting regulations, evolving technology, and the rising expectations of high-net-worth clients, firms and independent advisors increasingly turn to [...]
As leaders in the Advisor transition space, the senior consultants at TERRANA GROUP understand that the industry's future depends on its ability to attract, develop, and nurture the next generation through innovation and thoughtful succession planning. With a wave of retirements looming, shifting client expectations, and a rapidly evolving economic landscape, establishing a strong talent [...]
This week, TERRANA GROUP proudly celebrates 33 years at the forefront of the financial services and wealth management recruiting industry. Since 1992, we’ve earned our reputation as one of the top financial Advisor transition firms in the nation. We've helped thousands of wealth management professionals find their next, best chapter. Founded by Michael Terrana, a [...]
In today’s fiercely competitive wealth management landscape, your Advisor brand is more than a buzzword; it’s your most valuable asset. If you're contemplating the liberating leap to independence, whether launching an RIA, opening your own firm, or joining a hybrid model, your reputation is the cornerstone for attracting the right clients, building trust, and differentiating [...]
The decision to transition from a traditional wealth management environment to an independent RIA model represents one of the most significant career moves today’s Advisors can make. Significant paradigm shifts are underway, and client needs, goals, and expectations are rapidly evolving. It’s time to embrace the future of wealth management. For over three decades, TERRANA [...]
With the wealth management space in the midst of a (not so) subtle revolution, more Advisors than ever are ready to make a change to an independent RIA. This move can bring much greater independence, flexibility, and control over your practice — but due diligence is essential for a decision that could reshape your career [...]
The secret ingredient to an RIA firm’s long-term success isn’t just smart investment strategies or cutting-edge technology. It’s a vibrant, purpose-driven culture. For Advisors aiming to launch an independent practice, join a boutique hybrid RIA-broker dealer, or elevate their career with a top recruiting firm, understanding how a company’s intangible environment fuels growth, client loyalty, [...]
Market volatility is an inevitable part of the financial landscape, yet every spike in uncertainty brings a new wave of client anxiety. For RIAs, Advisors, and investment managers, these periods are a true test of relationship management, communication skills, and professional value. When your clients are “freaking out,” your approach to communication can determine whether [...]
The "sell and stay" approach in wealth management mergers and acquisitions (M&A) is a transformative trend reshaping how Advisors approach their succession planning and business transitions. According to industry research, there has been a rising number of sales of SEC-registered ($100M+ AUM) RIAs annually in the last five years — and a growing number of [...]
The independent RIA industry’s total AUM grew at a compound annualized growth rate (CAGR) of 15% over the last five years, according to research firm Cerulli Associates. Exciting RIA and hybrid models offer Advisors far more operational autonomy and improved economics, and the ability to provide truly unbiased advice. Yet, despite these advantages, many RIAs [...]
