Ep 52: How Small Growing RIAs Can Compete in Today's Environment

Episode 52: How Small Growing RIAs Can Compete in Today's Environment

Guest: Kevin Thompson

Overview

Welcome to the Financial Advisors Want to Know Podcast! I’m Catherine Tindall, CPA with Dominion Enterprise Services, where we help financial advisors navigate income tax planning and compliance.

Today’s guest is Kevin Thompson, CFP®, RICP®, EA, a former MLB player for the New York Yankees and Oakland A's, who transitioned into financial services. He specializes in comprehensive financial planning and advanced tax strategies for RIAs.

Key Takeaways:

✅ Small RIAs Thrive Through Agility – Smaller firms can adopt new technologies and customize client experiences without the bureaucracy of larger firms.
✅ Client-Centric Planning is Key – Personalized, hands-on financial planning leads to stronger client relationships and higher retention rates.
✅ Embrace Technology – AI and innovative tools streamline operations, improve client service, and enhance efficiency in small RIA practices.
✅ Partnerships Over Mergers – Strategic partnerships provide flexibility and scalability without sacrificing independence.
✅ Know Your Ideal Client Load – A manageable client base (e.g., 75–100 clients) allows for deeper engagement and higher service quality.

Connect with Kevin

🔗 LinkedIn
📖 MLB to CFP®: 90 Feet and Counting
▶️ YouTube – 9iCap

Connect with Catherine

🔗 LinkedIn
📩 Newsletter
📧 admin@dominiones.com

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