Serving a Niche to Grow Your Business + an Exciting Acquisition Announcement

On this episode of State of the Industry, we welcome the following guests to the panel. Each offering a unique perspective on mergers and acquisitions in our space, the pros and cons of serving a niche market, and the announcement of an exciting partnership between Allworth and RAA:

• Scott Hanson, Co-Founder and Co-CEO, Allworth Financial (Host)
• Pat McClain, Co-Founder and Co-CEO, Allworth Financial 
• Andrew Dodson, Managing Partner, Parthenon Capital Partners
• Jeffrey Baumert, President & COO, RAA

Key Takeaways:

• How Allworth grew their firm in a niche space
• How to navigate the potential of a bear market
• Why private equity is interesting in the financial advisory space and is more interest to come?
• The pros and cons of serving a niche market
• The story of RAA and their airline community niche focus
• How RAA grew to $2.8B AUM in a select niche market