Jan 25, 2023
InvestmentNews: Organic asset growth is health
The decade-long bull market hid an alarming fact from many advisors: despite a market-fueled increase in AUM, firms that didn’t add new clients and new client assets were declining in value. In his January 18th, 2023, practice management column for InvestmentNews, “Organic asset growth is health,” Allworth Co-CEO Scott Hanson explains why, from employee retention to your own future economic well-being, new assets are the key to both the health and the value of your firm.