Brooke Southall

Focus and rudy continue to impress and continue to deliver even if it is inorganic

What Rudy has accomplished in such a short time is unprecedented and very impressive.

RIA Biz thank you for your detailed coverage and reporting, this publication continues to distinguish with its persistency to go the extra mile and under the surface (Even when the firms and people may not make themselves fully cooperative, available, and transparent)
so much more thought-provoking versus many of the other industry news outlets that have become full time event planners and agents of PR veneer.

Thank you, Jackie. We do try to cover the more interesting stories regardless of the level of cooperation, availability and transparency we get from protagonists. It's more than appreciated by our whole group here when it gets noticed by people like you. And, yes, we are mostly allergic to PR veneer and events, which are often a distracting, consuming version of marketing and PR.

Rudy Adolf's Buckingham meal ticket looks golden after the $35-billion RIA/TAMP absorbs Dan Goldie's $1 billion Loring Ward book and margins leap from 25 basis points to more like 70

Focus Financial

Dan Goldie Financial Services

David Selig

Loring Ward

Adam Birenbaum

Alex Potts

Dan Goldie

Outsourced investments are one of the fastest-growing categories in the financial advisory world. Perched between
the asset custodian and the financial advisor, these (mostly) turnkey asset management programs can handle all or a 
portion of their investing, technology and fiduciary duties.

Advocates of using these TAMPs point to how it's better for the advisor because it frees up more time to spend with clients and prospects. It's also better for clients because the duties are being handled by specialized professionals who benefit from economies of scale.

Skeptics say that it adds a layer of cost and takes away an element of control from the advisors in executing according to a client's financial plan.

TAMPs

The New York-based roll-up's gain is offshoot of Loring Ward deal where Goldie is the biggest client but was too big to buy until Focus capital could be tapped

Rudy Adolf's Buckingham meal ticket looks golden after the $35-billion RIA/TAMP absorbs Dan Goldie's $1 billion Loring Ward book and margins leap from 25 basis points to more like 70

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