Dream big or go home…
Financial Advisor’s 2011 RIA Survey cited 91 of 454 firms participating in the survey had actually reached the “Billion Dollar Club” status, and 17 of them were new entrants. (Up from 21 in 2005, when the survey was inaugurated.)
But in 2008, it looked pretty grim with assets and staff plunging. The climb back up has been tough as Financial Advisor ’s Eric Rasmussen reports in “Bouncing Back.” Great reporting and worth the read.