Episode 183 – Uncovering Hidden Pain Points in RIA Practices with Lincoln Ross

Lincoln Ross sits as the President & CEO of CircleBlack: the all-in-one wealth platform for the relationship-focused advisor. Lincoln and Doug talk through the challenges RIAs encounter when striving to provide top-notch client experiences while also managing portfolios effectively. They also discussed: The common hurdles faced by RIAs throughout their professional journeys. Real-world examples highlighting how these challenges impact the day-to-day operations and long-term growth of RIAs. Less talked about pain points, such as managing small accounts, billing complexities, and establishing brand identity, are examined for their significance. Strategies employed by RIAs to overcome these challenges, including technology adoption and communication methods. Data security concerns in the financial sector and how RIAs are adapting to shifts in technology to ensure the safeguarding of client data.   Resources:  CircleBlack