About this episode…

Many advisors are coming off their best years ever, driven by increased client demands and a run-up in the financial markets.

So it seems odd that there has been a streak of record movement over the last few years.

No doubt, any move is disruptive, a ton of work, carries plenty of risk, and is not for the faint of heart. But for those who are in the steep part of their growth curve, the calculated decision to take a step back and reassess is that much harder.

Why would anyone disrupt momentum and take on the risk and hassle of a move, opting to change jerseys or break for independence when things are good?

When might it “make sense” for a rapidly growing advisor to even give a second thought to conducting due diligence or transitioning to another firm or model?

In this episode, Mindy Diamond and Louis Diamond look at the phenomenon, including:

• Whether an advisor or team is successful because of their firm or despite it.
• Whether they and their clients are best served in the current environment.
• How overall “happiness” and satisfaction play in the decision.
• Whether their vision for growth – both organic and inorganic – can be realized at their current firm.
• If succession plans or the prospect of inheriting a book can benefit the business.
• And more.

The reality is that changing firms – when done for the right reasons – has the potential of creating greater opportunity for growth and to serve clients. If you’re at all wondering whether “now” is the time to consider change – particularly if business if good – this is the episode to listen to.