RIA on the waves: Scott Leonard's three-year adventure running his practice from a sailing ship at sea
The advisor has encountered bigger challenges than even he imagined and, during Hurricane Irene, learned the true definition of working remotely
Frederick Van Den Abbeel
Web-based technology makes such wonderful travel possible. The notion that advisors have to “download” data into a package running on their hard drive can be quite 20th century. Everything seems to be transitioning to the 'clouds’ these days including the more technology centric custody providers. The common tasks of rebalancing, performance reporting, fee billing & processing and even paperless account and ACAT transfers should be paperless at this point with the custody providers who built their architecture long ago to accomodate firms like Trovena.
Mike Byrnes
What is Scott Leonard’s udate? (June 2012)
— Mike Byrnes, President of Byrnes Consulting, LLC www.byrnescnosulting.com
Brooke Southall
Ha! Good question, honorary editorial director.
Brooke
Mike Byrnes
Still amazed that a small business owner can pull this off! — Mike Byrnes, President of Byrnes Consulting, LLC, www.byrnesconsulting.com
