Facet is a strategic partner to help advisors:

Increase your firm capacity
After a period of growth, firms need to either hire more advisors or shoulder the extra work themselves, which means working nights and weekends. Neither choice is practical.

Facet works with such firms to segment their practice and purchase all clients that create scarcity of their time or are no longer profitable for the firm.

As a result, firms are able to focus on their sweet spot of clients with over $250k of AUM, giving every client additional service and attention while also increasing firm profitability.

Increase your firm valuation
An RIA firm hires additional staff and increases fixed costs as part of their strategic growth plan. The profit margins get depressed. Even with the newly added staff the firm still has too many smaller accounts and de facto there’s no capacity to pursue growth in profitable segments.

The firm can sell smaller accounts to Facet thus freeing up capacity to develop new, higher AUM clients and increase profitability quickly.

Since operating margins are a key variable in the firm valuation, the increased profitability ultimately improves the firm valuation.

Grow your profitability
A second generation of owners assume the reins of a large RIA. To fund the transition of ownership they need to grow their cash flow and valuation.

They can implement a minimum AUM, segment their clients and partner with Facet to support clients that fall outside the segmentation criteria.

As a result, the new owners can focus their time on strategic priorities and segments. The result: increased profitability.

Accelerate your firm growth
After a period of growth to over $500 million in AUM, an RIA firm needs to improve efficiency, strengthen brand, and improve delivery to the next level.

Facet can help with exhaustive analysis of clients by segment and determine the threshold below which accounts are unprofitable.

Facet can then purchase the unprofitable segments thus allowing the RIA firm to invest in technology tools and brand building to improve efficiency and strengthen brand presence.