Portfolio Performance Means Less When Revenue Timing Breaks Down

DONNA DELAROSABlog

In investment advisory, success is often measured in assets under management, portfolio performance, and client trust. A firm expands its book of business. A wealth manager secures new high-net-worth households. A retirement advisory practice lands a corporate benefits contract. On paper, growth looks strong. But for many advisory firms, there’s a quieter operational reality that rarely gets discussed enough: AUM …