Episode 183 – Uncovering Hidden Pain Points in RIA Practices with Lincoln Ross

Lincoln Ross sits as the President & CEO of CircleBlack: the all-in-one wealth platform for the relationship-focused advisor.

Lincoln and Doug talk through the challenges RIAs encounter when striving to provide top-notch client experiences while also managing portfolios effectively.

They also discussed:

• The common hurdles faced by RIAs throughout their professional journeys.
• Real-world examples highlighting how these challenges impact the day-to-day operations and long-term growth of RIAs.
• Less talked about pain points, such as managing small accounts, billing complexities, and establishing brand identity, are examined for their significance.
• Strategies employed by RIAs to overcome these challenges, including technology adoption and communication methods.
• Data security concerns in the financial sector and how RIAs are adapting to shifts in technology to ensure the safeguarding of client data.

 

Resources: 

CircleBlack

Source