And away we go…..

Brave Boat Capital Advisors is officially up and running.  Most of the kinks have been ironed out (note I did not say all) and I am ready to start getting our message out.  We have been operating in a kind of “beta mode” for a few weeks as I get acclimated to all the new systems and make sure the client experience is ready to go live.

As I made the decision to spin off from a large firm and start my own registered investment advisor I took a step back and assessed the current state of the industry (some of these may even become their own post in the future):

  • The current advisory model is not broken, it just needs to evolve
  • Robo-advisors are real and do provide a lot of value for certain types of investors and clients. They aren’t going away anytime soon.
  • Large firms have struggled to keep up with changes in technology both from an operational standpoint and client facing standpoint.
  • The ideal client experience has changed drastically over the past 10 years. Along with this, clients’ expectations of their advisors have changed dramatically.
  • A lot of the value that large firms were able to provide in the past has become commoditized and thus more accessible to everyone.
  • The demand for highly skilled advisors (note that I didn’t say brokers) is increasing and will continue to increase moving forward.
  • Not everyone needs a financial advisor.
  • Advisors who only provide investment management to their clients will lag.

With these observations in mind I set out to create a firm that would resonate with the modern client but still provide the personalized advice that high net worth individuals and families desire.  We are not going to be the right solution for every investor but the solutions and experience we provide will appeal to those of you looking to simplify your life while receiving the highest level of advice and service.

I am very excited to finally have things up and running and look forward to helping people reach their goals and hopefully feel more secure and informed in their financial lives.

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This first post is a bit different than the norm. In the future I will use these posts to shed some light on a range of topics. I will touch on general industry insights, market trends and some best practices within the advisory space.  I will also occasionally try to dive into the emotional drivers and psychology behind investing both from the perspective of an individual investor as well as a professional.

Please let me know if something strikes a chord with you, you would like to learn more or you want to be added to our distribution list. You can also follow us on Twitter and LinkedIn.