Future of Wealth

Rapid consolidation and technology innovation is creating major disruption in the financial services industry. Firms and advisors who want to stay independent will need to expand their service offering to remain competitive and meet the evolving needs of their clients.

Future of Wealth

Rapid consolidation and technology innovation is creating major disruption in the financial services industry. Firms and advisors who want to stay independent will need to expand their service offering to remain competitive and meet the evolving needs of their clients.

The private equity industry has been fueling rapid consolidation across RIAs.  This has brought service expansion, multiple channels of growth, succession solutions and other advantages of scale. Formidable competition now exists for firms with fewer resources that want to remain independent.

In order to thrive in this new industry landscape, firms will need to consider partnering with other independent RIAs to offer these expanded services such as inhouse tax and estate planning, trust services and life coaching programs. Additional advantages of aligning will be more departmental resources (operations, investments, compliance, marketing and technology), expanded career advancement and training to attract and retain young talent, and succession for founders when they are ready.

Clients will be expecting more robust services and investment offerings that include Alternative Investments, ESG screens and Impact Investments along with life-centered planning expertise to support them through their major life transitions.  Partnered firms that remain independent will be uniquely positioned to provide the best for their teams and clients in the decade ahead.

Partner with entrepreneurial advisors to enhance your

GROWTH, SCALE, SUCCESSION, AND SHAREHOLDER VALUE

Mission Wealth is an independently operated national RIA, acting in a fiduciary capacity, to deliver a best-in-class wealth management experience to our valued clients. We are passionate about continuing to expand our ownership group with successful entrepreneurs who are excited about building a firm of permanence with a thriving team culture and caring client service approach.
If you are a business owner or advisor looking for partnership opportunities, we look forward to connecting with you.

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