The median operating profit margin for target-focused firms was 18 percent higher than others and the median annual client growth was 35 percent greater.
The Focus IPO is currently the only pure-play investment in the fast-growing RIA space—and if sophisticated investors see this as an opportunity, advisors should too.
Schwab Advisor Services’ Tim Oden gives Mindy Diamond an inside view of the growth of the independent space—and what advisors need to do to make their own move successful.
