White Paper Helps Advisers Manage Multiple Office Locations

Pershing Advisor Solutions LLC has released a new study, “Creating Growth: The Rewards and Challenges of the Multi-Location Model.”

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