By Wendy Leung - The economics of financial advisor independence have changed. Explore transition capital, profitability, enterprise valuations, and the...
READInsights on evaluating career options, conducting due diligence, and navigating the advisor transition process. Explore the strategic, financial, and practical considerations that inform a successful move.
By Wendy Leung - The economics of financial advisor independence have changed. Explore transition capital, profitability, enterprise valuations, and the...
READBy Mindy Diamond – Originally broadcast at the AdvisorHub Virtual Summit 2020, Mindy shares an update on recruiting and her advice on recognizing what you can and cannot control, plus key questions you can ask yourself to ensure your decision-making process is strategic.
By Mindy Diamond, WealthManagement.com – In today’s increasingly competitive marketplace, brokerage firms have doubled down on their efforts to retain top talent. With a vast arsenal of retention tools at the ready, advisors regularly face choices that solidify their obligations – as well as their assets – to the firms they work for.
By Barbara Herman – The strength of even the most successful partnerships may be tested when advisors consider changing firms. Many get stuck, reaching an impasse that can lead to a loss of momentum in both the business as well as the exploration process. Here are 4 paths to consider.
By Barbara Herman – It’s quite evident that the industry landscape has expanded dramatically—and an advisor in exploration mode has more to consider than ever before. As a result, it may be a daunting task for most to face the prospect of performing due diligence. Nonetheless, there is value in periodically exploring to gain an understanding of the legitimate options that exist—whether you’re thinking of moving or not.
By Mindy Diamond – Advisors at big firms find themselves in a zero-tolerance environment where infractions that once garnered a slap on the wrist now may be considered grounds for termination. Here’s how to protect yourself and your business in this new world order.
By Mindy Diamond – Just as financial advisors are entrusted to serve their clients first and foremost, recruiters should be expected to do the same for advisors, particularly in what has become a more complex world to navigate. Here are common myths, along with expectations financial advisors should have when working with a recruiter.
By Mindy Diamond – There is no time like the present to take a step back and revisit your goals—and the plan to achieve them. Stopping to back up the train means clearing your mind and visualizing where it is that you’re trying to go and why. Essentially, it gives you the permission needed to re-vet the expectations you have of yourself, your firm and your future.
By Wendy Leung – As recruiters, we talk with hundreds of advisors each month, the majority of whom tell us that they are very happy and have no intention of making a move. Yet, often these same advisors share multiple frustrations that they have made peace with over time: Bureaucracy that breeds inefficiency, problems with client service, platform limitations and reductions in compensation often top the list. So what’s keeping these advisors in their seats?