There’s not a lot of things that keep Chris Giovinazzo up at night, but the one thing that does keep him from getting any sleep is maintaining operational excellence for his clients.
The principal and managing director of California-based Accelerate Retirement launched his own RIA from scratch last year, helping over a dozen advisors, and close to $2 billion in assets, transition out of a large aggregator’s RIA.
“We've enjoyed a lot of benefits with being fully independent but like anything else, there’s challenges,” Giovinazzo said. “You're formulating new processes, new procedures, you have to consider technology. There’s a whole gamut of different headwinds to figure out and it’s a game of constant evolvement.”
Giovinazzo says despite all that, it’s been successful. Indeed, he must be doing something right because he’s being recognized for his service as an InvestmentNews Awards 2024 Excellence Awardee, with the winners announced on June 20 at 583 Park Avenue, New York City in a glitzy, red carpet ceremony. Click here to register to attend.
In another life, he may have continued playing professional baseball with the Los Angeles Angels, noting it's still a passion of his. Reflecting on the course of his career, one piece of advice he’d give back to himself and others would be, “be able to adapt and adjust to the different emotions, thought processes and beliefs,” he says.
“It’s a quality that has served me well that I didn't necessarily have 15 years ago,” he added.
Any government agency, including the SEC, could be made more efficient, lawyers said. But getting rid of knowledgeable staff may have long-term consequences.
New research reveals women's influence in family decision-making, their top financial goals, and how concern for other household members helps shape their priorities.
The $345 billion RIA giant is extending its footprint in the West Coast as it lands its first deal for 2025.
Advisors leaning heavily toward fee-based services today enjoy a key competitive edge over commission-based practices – and it all hinges on preserving client loyalty.
The top cop at the Federal Reserve speaks out on possible herding behavior, with economic "gains being realized only by a small group."
Blue Vault Alts Summit highlights the role of liquidity-focused funds in reshaping advisor strategies
From 'no clients' to reshaping wealth management, Farther blends tech and trust to deliver family-office experience at scale.