How Financial Advisors Are Leveraging Outsourcing And What The SEC Has To Say About It


Last Updated on April 6, 2023 by John Prendergast

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In This Episode

Just about every independent financial advisors and RIA outsources some of their business activities. For instance, very few serve as their own custodian or brokerage.

But as Laura Gregg and her team at FlexShares ETFs outline in their latest survey titled The Race to Scalability 2022 – Current Insights from 12 years of Advisor Research on Investment Management Trends, advisors are outsourcing other core business functions as well.

And while the trend toward leveraging outsourced providers to open up new doors for better client service and increase wallet share is gaining steam with financial advisors, the SEC has proposed new rules to raise the due diligence bar outsourcing.

Other Resources Mentioned In This Episode:

  • Episode 10 – How To Build a Flexible Wealth Management Business That Supports Your Lifestyle and Unlocks Growth
  • Episode 14 – How To Drive High Quality Investment Returns By Aligning Client Values And ESG Investing Strategies

Our Guest

Laura Gregg is Director of Practice Management and Advisor Research at FlexShares Exchange Traded Funds, managed by Northern Trust. She is focused on leading the firm’s proprietary advisor and investor research and building programs to help advisors and asset managers strengthen their businesses. Laura is a host of The Flexible Advisor podcast where she speaks with industry experts, advisors of all types and experts on a wide range of advisory topics. 

Laura speaks regularly at industry events on a range of business building strategies. Her insights have been published in Barron’s, U.S. News & World Report, InvestmentNews, Financial Advisor Magazine, Wealth Management, CIO Magazine among other industry publications. 

Laura holds FINRA 7 and 63 licenses. She assists in guiding strategy for the Chicago chapter of Women Investment Professionals, sits on a membership committee with the Money Management Institute and is a member of Women in ETFs.


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