September 2019    

The Billion Dollar Formula

The billion-dollar RIA is both a standard of success and an educational model for advisors of all stripes. The reputation of billion-dollar firms is well-earned, and hitting this milestone is a testament to hard work and vision on the part of the advisors that reach this goal. That said, there is no map to success for building a billion-dollar RIA. However, Riskalyze looked for patterns and like characteristics between billion-dollar firms to see if there was a winning formula. Using their data, they were able to identify nine traits these RIAs have in common and how firms can utilize them on their path to a billion.