by Manish Khatta | Jun 20, 2024 | Advisors, Manish
There is a part of old Wall Street culture that is bombastic and bold. I would argue it’s still alive and well. It’s power suits, red Ferrari’s, and New York power lunches. It’s weekend trips to the Hamptons and summer trips to Europe. To quote a classic: However,...
by Manish Khatta | Apr 4, 2024 | Advisors, Manish
I recently wrote about how financial advisors can 10x their firm in a short period of time. We are now making a big new bet on something old, which we believe will increase our business by 20x in the next 5 years. Mark my words! While the industry is yelling at you...
by Manish Khatta | Feb 29, 2024 | Advisors, Manish
I have always subscribed to Marcus Lemonis’ three P’s of business: people, process, and product. After taking over the company in 2017, I focused on the process and product part of this equation. I have always thought if you nail the process and product portion,...
by Manish Khatta | Feb 15, 2024 | Advisors, Investment Management, Manish
No one likes to change systems. Payroll, marketing, operations, etc., no matter what it is and no matter what you were promised, it is going to be a miserable experience. Like, fall in the mud and get kicked in the head with an iron boot. But–if you don’t ask...
by Manish Khatta | Feb 13, 2024 | Advisors, Investment Management, Manish
I’m Manish Khatta, the CEO of Potomac Fund Management. The growth our firm has experienced in the past year has been nothing short of amazing. From the outside looking in, the absolute asset growth numbers are mind boggling but, inside the walls of our remote office,...
by Manish Khatta | Feb 6, 2024 | Advisors, Investment Management, Manish
On 12/31/2019 our firm has approximately $140 million of AUM/AUA. 4 years later… 12/31/2023 our firm has approximately $1.4 billion of AUM/AUA. Yes, you read that right. We 10x’d the business in four years. The product has been around for a long time. In fact, the...
