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In Search of the Perfect Investment Adviser
We Want to Provide Over 100,000 Accredited Investor and Qualified Purchaser Referrals for the Right RIA
You're probably aware that full-service brokerages like Wells Fargo, Edward Jones, Merrill Lynch and Raymond James aren’t terribly motivated by the performance of their clients’ investment portfolios—they’re’ paid on making trades and the amount of money they manage... their business model is almost entirely predicated on simply recruiting more wealthy clients.
This is perfectly legal and not considered to be unethical by industry standards. Do you remember the testimony of Goldman Sachs CEO Lloyd Blankfein in front of Congress after the 2008 financial crisis where he reluctantly admitted that Goldman bets against their clients... and that it was okay?
Even without any legal obligation to act in the best interests of their clients, that's apparently still not enough leeway…
How many times has Wells Fargo been in the news for illegal, unethical conduct against its clients?
Do you think Goldman Sachs and Wells Fargo are the only two firms not serving the best interests of their clients?
No matter how nice, likable and friendly the individual financial advisor is, the firm’s policies and fees almost certainly do not translate into commensurately better investment performance, and they're definitely not protecting their clients from market crises. Remember 2008?
This does not have to be the case…
As a boutique investment bank and quant-driven alternative asset management firm, we are not retail-facing, but the educational resources provided through our public charity (including #1 international bestseller The Shadow Banker’s Secrets: Investment Banking for Alternatives) have attracted over 100,000 sophisticated accredited investors and qualified purchasers that want access to our approach and level of performance.
We don’t have any interest in owning or directly managing a retail arm, so we’re in search of the perfect independent RIA to serve the high-net-worth individuals in our ecosystem as our outsourced wealth management desk.
We may not compete with the bulge bracket firms on brand recognition, but we can and we win on expertise and performance. We represent the antithesis of the empty suits donning the bulge bracket firms, and so must you.
We won’t ask for any portion of your fees, but philosophical alignment that is expressed by allocating your clients’ capital to what is objectively best for them is a must.
What makes the perfect RIA partner?
Have minimum discretionary AUM of $50 million, ideally $500+ million, and be highly motivated to grow.
Have the intellectual capacity and interest to understand the basics of modern risk-adjusted performance measures and financial engineering principles.
Be willing to adopt merit-based portfolio construction principles that may include substantial alternatives allocations with a methodology that more closely resembles sophisticated institutions than traditional retail advisors.
In short, be committed to running your investment management business in a manner that best serves your clients.
For your trouble, we will not only refer you thousands of new high-net-worth individuals, but in the process, we’ll differentiate and de-commoditize your firm; potentially triple the revenue of your existing client base, and have them thank you for the privilege.
We can do all that, but you have to follow our lead. Take the first step, read The Shadow Banker’s Secrets: Investment Banking for Alternatives to get introduced to the quantitative fundamentals and referrals’ expectations you’ll need for a productive conversation, then schedule your free private consultation.