Ron Carson 'arrived' after investing $52 million, grabbing Orion and TD talent and letting his hair down

LOL way too many moving parts and too reliant on his giant personality. “Sounds like it’s a low-margin, high expense, low-retention level outsourcing business” - Pontificator, Sept 2012

The RIA business is notoriously underserved. B/ds do not acknowledge or support advice for fear of fiduciary liability, custodians do not deal with client goals and objective for the same reason. Thus, Carson fills the leadership vacuum but falls short as well of of expert fiduciary standing for fear of fiduciary liability. The RIA that achieves scale in support of expert fiduciary standing of its advisors will be the ultimate disrupter and attain the competitive market stature Carson seeks. Ric Edelman and a very small group of RIAs have this potential to scale and simplify expert advisory services. The focus on simplifying prudent process (asset/liability study, investment policy, portfolio construction, performance monitor, etc. authenticated back to statute) and the streamlining of cost, will determine market leadership in advisory services. Because of fiduciary liability considerations there can be no pretenders, thus alleviating the concern of sales and marketing hyperbole. . SCW

For advisors stuck in stagnation and wondering how they can replicate Carson's success of "growing so fast out in the middle of nowhere where there’s gravel roads, fighting the Indians" Nothing says "I am forward leaning, ready to evolve & flourish" quite like expensing $650 for a Tony Robbins-Esque Vegas event with Blues Traveler headlining