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.
A slow drip of disclosures, an executive exit, and a stock that fell hard before the suit landed
New research finds unpaid caregivers are more likely to struggle with debt, lower savings and diminished retirement confidence than non-caregivers.
Large broker-dealers and registered investment advisors have, since 2020, been developing or sticking to strategies and tactics to combat the pain of intense, short-term market volatility
Centaurus Financial touts its independence as a key selling point at a time when many firms are being swallowed up.
New TIAA Institute research finds professional guidance narrows the gap between retirement dreams and reality.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
