8 Investment Advisory Business Success Stories [2024]
Here are some real life success stories of starting a investment advisory business:
1. Third Eye Advisors ($120K/year)
Arthur Robertson, the founder of Third Eye Advisors, was inspired to start his investment advisory firm after realizing the lack of financial education and literacy among millennials and Gen X. Coming from a background in finance and with a passion for managing and investing money, he saw the opportunity to provide customized financial planning and investment solutions to millennial business owners in the tech and cannabis industries. Within three months of starting the firm, Robertson was able to recoup his initial start-up costs of $10,000-$15,000 from serving clients.
How much they make: $120K/year
How much did it cost to start: $13K
Current team size: 3
Third Eye Advisors is a boutique Registered Investment Advisor (RIA) providing customized financial planning and investment solutions to millennial business owners, founded by Arthur Robertson with start-up costs of approximately $10,000 to $15,000, recouping those costs within three months of serving clients, while the team is currently expanding and looking for Financial Advisors to come on board in Q4 2020.
2. BlackBook Investments ($2.1M/year)
Mohit Tater, the founder of BlackBook Investments, came up with the idea for his business after buying and scaling a social media marketing agency that he purchased on Flippa. He realized that he had a better chance of scaling an already profitable business and decided to help others invest in internet businesses as well. Today, BlackBook Investments is a 7-figure business with over $7.5M in assets under management and is rapidly growing.
How much they make: $2.1M/year
How much did it cost to start: $2.5K
Current team size: 25
Mohit Tater, CEO and founder of BlackBook Investments, shares his company's offerings of buying and operating profitable internet businesses and helping others invest in these businesses, with a minimum investment of $100,000 for the one-to-one offering and $25,000 for the group buy offering, and has over $7.5m in AUM and growing at a very rapid pace.
So... can you actually make money with a investment advisory business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
3. Contrarian Thinking ($3M/year)
Contrarian Thinking is a premium membership community that teaches people how to add cash-flowing income streams to their portfolios and achieve financial freedom.
Codie Sanchez, the founder of Contrarian Thinking, came up with the idea for her business after experiencing numerous career changes and realizing that money was the key to solving problems. After working in finance and investing, she decided to blend her love for writing, investing, and teaching others to create a company that helps people achieve financial freedom. Through her premium membership community, Contrarian Cashflow, she teaches members how to add more cash-flowing income streams to their portfolios and build the life they have always dreamed of. With over 100,000 newsletter subscribers, a community of 1.5 million people, and a run rate of $3 million this year, Contrarian Thinking is empowering individuals to challenge the status quo and shape their own destinies.
How much they make: $3M/year
How much did it cost to start: $5K
Current team size: 4
Contrarian Thinking is a premium membership community that teaches its 1.5 million members how to implement cash flow strategies to achieve financial freedom, with a current run rate of $3 million and a goal of $50 million ARR in five years.
So... can you actually make money with a investment advisory business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
4. FMTM LLC ($614K/year)
In 2018, David Pere started a blog to document his journey as a military real estate investor and improve his writing skills. As the blog gained traction, he expanded it into a full-blown brand, offering free content, courses, and a mastermind group. Since its launch, the mastermind group, priced at $100/month, has attracted 161 members, generating impressive recurring revenue of around $10,000/month.
How much they make: $614K/year
How much did it cost to start: $15K
Current team size: 4
David Pere built the largest Military Real Estate Investing community, From Military to Millionaire, with over 200 students enrolled in his courses since launch and a War Room REI Mastermind group generating $10,000/month, through consistency in producing engaging content across various platforms and providing a valuable community experience by leveraging his relatability and maintaining a successful moderation strategy.
5. Apeiron Investment Group ($1.17B/year)
How much they make: $1.17B/year
Current team size: 33
Apeiron Investment Group is a global investment firm managing over $3.5 billion in assets, with a primary focus on technology, life sciences, biotech, media and entertainment, and real estate, founded by the English-born German entrepreneur Christian Angermayer.
- 4,818 founder case studies
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
