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In moments of crisis, you can steer off the cliff’s edge or skid to a stop and look over the edge. The mindset of entrepreneurs has changed to reflect on past mistakes and their impact on the industry’s future.
In this episode, Matt Ackermann is joined by Brad Bueermann, CEO of FP Transitions, in discussing the RIA industry, the current path of RIA businesses and what the mindset shift of the industry will look like after one of the steepest recessions.
Brad discusses:
- How is the threshold for RIA business success
- The difference between a purchase and an investment in businesses
- The possible increase in consolidation within RIA businesses
- What does the future of RIA business look like