What’s in it for Clients? 7 Ways They Can Benefit from an Advisor’s Transition
By Wendy Leung – FinancialPlanning.com – Many advisors cite “improving client service” as the catalyst for a move—but knowing what the real impact will be is critical.
Perspectives
Our weekly insights for advisors: Articles authored by our team designed to broaden your perspective and arm you with knowledge—because knowledge is power.
Avoiding the Succession Cliff: Potential Paths for Soon-to-Retire Advisors
By Mindy Diamond, Forbes.com – Tenured advisors have invested a lifetime in building a business with real value, yet many don’t have a succession plan. Why the delay? And what are their options?
Next Gen Successors: You’re Not as Stuck as You Think You Are
By Mindy Diamond, WealthManagement.com – Those who are having second thoughts about signing on as heir apparent to their senior advisor’s book shouldn’t feel “hopeless,” according to Tom Lewis, Certified Civil Trial Attorney at Stevens & Lee in Princeton, NJ.
Private Bankers Considering Change: What You Need to Know
By Mindy Diamond & Louis Diamond, Barron’s – There’s been an interesting shift in movement amongst private bankers. Transitions by this constituency have risen dramatically over the last two years. What’s driving the change and what do private bankers need to know before making a transition to a wealth management firm?
From Practice to Enterprise: Independent Paths for Advisors Managing $500mm or More
By Joshua Tomolak, InvestmentNews – For entrepreneurial advisors questioning the best next step for their business, the independent space offers several options—yet there are four that provide the highest level of freedom and control for those who manage over $500mm.
The Decision Guide: Simplifying the Daunting Process of Due Diligence
By Jason Diamond, WealthManagement.com – A step-by-step framework for evaluation of the when, how, and what of strategic due diligence.
Avoiding the Post-Transition Blues
By Barbra Herman, InvestmentNews – Financial advisors may spend months, even years, performing the due diligence that leads them to their next best opportunity. Yet still, they often overlook some of the finer points that allow for a better post-move experience. Here are 8 tips to help advisors enjoy a less stressful experience during and after a move.
The Next Gen Dilemma: 5 Unique Realities Faced by Successors
By Jason Diamond, WealthManaement.com – The path for next gen advisors can be wrought with some pitfalls, yet when walked with confidence and flexibility, it can be immensely rewarding.
The Gears of Change: How Evolving Expectations of 3 Key Stakeholders is Driving More Advisor Movement Than Ever Before
By Louis Diamond, Barron’s Advisor – Financial advisors are seeking greener pastures that offer the ability to achieve something better for themselves and their clients.
Of Myths and Moving 2022
By Mindy Diamond, WealthManagement.com – In a world that is evolving so rapidly, it can be easy to get “stuck” hanging on to misconceptions which may ultimately be hindering success.
