Guest Jim Gold discusses breaking away from the senior leadership ranks at Morgan Stanley to build Steward Partners, a full-service employee-owned quasi-independent model, for advisors who are not interested in building something from scratch. He also shares some exciting news about the growth of the firm.
March 19, 2019 – By Mindy Diamond – In a landscape with more opportunity than ever before, some advisors still find themselves chasing a perfect option that doesn’t exist. Here’s how to escape that trap.
Merrill breakaway Lisa Van Walleghem of MAXIMAI shares why leaving the once “great school of experience” with a globally diverse book to form her own independent firm was the best way for her to serve her offshore clients and grow her business.
By Mindy Diamond – While you don’t need to have Jeff Bezos’ or Mark Zuckerberg’s level of entrepreneurial spirit, there are some key characteristics that most successful independent firm owners possess. The reality is that many independent firm owners will tell you that they weren’t compelled to leave their brokerage firm by some burning desire to be entrepreneurs.
February 25, 2019 – By Mindy Diamond, Advisor Perspectives – Wirehouse advisors seeking independence may not have to break away. They can operate as “captive independents” within their existing firms. But will this model be independent enough?
Attorney David Gehn shares his experience in working with advisors through non-Protocol moves, the challenges of terminations and hyper-compliance, avoiding TROs and other contractual matters that can arise even before an advisor considers a move.
Michael Henley, a 34-yr old “diehard Merrill Lynch advisor” and team, with a partner less than 10 years from retirement, came to a point at the wirehouse when it was more about “jumping through hoops” for the bank than doing best for their clients.
January 25, 2019 – By Mindy Diamond, WealthManagement.com – It’s hard to deny the increasing momentum towards independence. Whether it’s studies showing year-over-year growth nearing the double digits, or headlines touting another breakaway team making the leap, there are few advisors who can deny the significance and validity of the space.
January 25, 2019 – By Mindy Diamond, WealthManagement.com – It’s hard to deny the increasing momentum toward independence. Whether it’s studies showing year-over-year growth nearing double digits, or headlines touting another breakaway team making the leap, there are few advisors who can deny the significance and validity of the space.
A curated collection of the top words of wisdom shared by wealth management industry leaders and top breakaways from the first year of the leading podcast series for advisors exploring the independent space, Mindy Diamond on Independence.
