By Mindy Diamond – There are a lot of things that might motivate a successful advisor to leave the security of a big firm and go independent but, from where I sit, the common ground amongst all who make the move is a need for congruence.
Our weekly insights for advisors: Articles authored by our team designed to broaden your perspective and arm you with knowledge—because knowledge is power.
By Howard Diamond – Volatility, according to Merriam-Webster, is defined as something that is “likely to change in a very sudden or extreme way.” That’s certainly an appropriate descriptor for the activity the world stock markets experienced through August and the start of September. With these vast market swings, we have been asked time and again if it has had, or will have, a negative impact on financial advisor movement.
By Mindy Diamond – Top advisors tend to have a lot in common, but the trait most notable to me is how driven they are and how much they often sacrifice their own health, as well as emotional and spiritual well-being, for the sake of their businesses. While I am not an advisor, I have to admit that I am guilty of the same thing and I understand the thinking behind it.
By Barbara Herman – Many advisors who moved from one major firm to another during the financial crisis now believe that their future is in the independent space, yet are uncertain as to the ideal timing to make this shift.
By Mindy Diamond – As Michael Gerber wrote in his blockbuster E-Myth series, business owners must make time to work on the business and not in it. This holds true for every financial advisor as well. While still a great percentage of advisors practice as employees – and not owners – every one of them is running a business.
By Deborah Aronson – Financial advisors often feel bound to the fiduciary mindset – that is, putting their clients’ best interests before their own – when it comes to making any and all decisions. What happens when your clients are happy, but you’re questioning whether you’re in the right place to best serve both your needs and theirs? How do you even contemplate replacing your current business card with a new one?
Last week’s email really captured our reader’s attention. The interest level in exploring options that will help you live what we call your “best business life” is far higher than we expected. So, as promised, to round out your summer reading, here’s part two of the best of our 2015...
It’s hard to believe that 2015 is more than halfway over…and what an exciting time it’s been! Lots of changes: big deals, mergers, moves, and more. This week, we help you to “dig deep” and look at your career, clients, and life from a different angle.
By Barbara Herman – Advisors who see themselves as career wirehouse folks may assume that little to no due diligence is required when considering a move to another wirehouse. They often move forward, neglecting to ask a few important questions whose answers can define their future with the new firm.
By Mindy Diamond – I recently returned from a safari in Africa with my family, an altogether amazing, humbling, awesome experience. Surrounded as we usually are by constant distractions, being in Africa forced me to unplug and turn off the “work” part of my brain. But to my surprise, although Africa is as far-removed from Wall Street as you can get, I couldn’t help but recognize that the jungle echoes some aspects of the life of a financial advisor:
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