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FOR IMMEDIATE RELEASE: January 11, 2011

Balancing Act: Cost-Cutting Vs. Growth

RBFA Quoted In Registered Rep

Richard Brothers Financial is in full growth mode. The firm plans to jack up the number of advisors from four to 100 over the next 10 years, says co-owner Neal Richard. But while revenue and assets at the Portland, Maine-based firm are rising again, Richard continues to keep a hawk's eye on expenses, cutting costs mostly through outsourcing and smart use of technology. “We're watching our costs, but with an eye on expansion,” he says.

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