Viewpoints
Are RIAs living in an era of 'decadence'?
Lawrence Lever, Ian Wenik, Alan Walsh / Mar 12, 2025
During the inaugural Citywire RIA CEO Summit, Focus Partners Wealth chief executive Adam Birenbaum discussed the risks a market slump might pose for RIAs after years of positive returns.
The legendary journalist Hunter S. Thompson once described the Kentucky Derby as ‘decadent and depraved.’ Are RIAs living in a similar environment? Years of market appreciation have covered up weak growth and operational inefficiencies at some firms.
Focus Partners Wealth chief executive Adam Birenbaum discussed what might happen to some RIAs during an extended downturn at the inaugural Citywire RIA CEO Summit.
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Viewpoints
citywire ria
Mar 11, 2025
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