The 2023 Firm Growth Survey Report
Sponsored Content Practice Management The 2023 Firm Growth Survey Report The industry's first annual report focused on firm growth. Sponsored by
The reality is the majority of firms are not growing like they should. There are major risks to not growing such as stagnating revenue streams, decreasing firm valuation and advisor attrition. That’s why Nitrogen launched the industry’s first annual Growth Survey, probing the major differences between slow-growth and hyper-growth firms in the areas of technology, marketing, and client engagement. This report defines hyper-growth firms as firms that grew 21% or more in 2022; slow-growth firms, 5% or less.
Great firms are growing in the double digits and that allows them to invest in their staff, grow their valuation, and most importantly, expand their impact on their clients. But how are they doing it? There is a gap in the research around growing wealth management firms that explicitly compares the tactics of slower-growing firms and hyper-successful firms in the areas of technology, marketing, and client engagement. Nitrogen conducted research in order to answer the question, “What are hyper-growth firms doing differently?”
Download the report.
.uuid-cde4ad1b-5e60-4f4f-b95e-1ee53df72e38 {height:1070px; width:100%; }TAGS: Resources White Papers Technology Related Sponsored
Owl Media Group takes pride in providing social-first platforms which equally benefit and facilitate engagement between businesses and consumers and creating much-needed balance to make conducting business, easier, safer, faster and better. The vision behind every platform in the Owl Media suite is to make lives better and foster a healthy environment in which parties can conduct business efficiently. Facilitating free and fair business relationships is crucial for any thriving economy and Owl Media bridges the gap and open doors for transparent and successful transacting. No advertising funds influence the functionality of our media platforms because we value authenticity and never compromise on quality no matter how lucrative the offers from advertisers may seem.
Originally posted on: https://www.wealthmanagement.com/practice-management/2023-firm-growth-survey-report