The paper provides registered investment adviser (RIA) firms with in-depth research and guidance on how RIAs can expand business opportunities by establishing or acquiring offices in different markets.
According to Pershing, a BNY Mellon company, the paper addresses the issues related to strategy, people, operations and clients, providing practical assistance for firms managing more than one office location or considering a secondary location.
Specifically, the report addresses:
- Efficiencies of scale
- Client driven operational decisions
- Determination of an organizational structure
- Maintenance of firm
- Effective utilization of technology