Industry Update: On Clashes, Sleeping Giants, and the Handwriting on the Wall

A 10-minute download of 3 key things happening now in the wealth management industry.

It’s impossible to talk about independence without addressing the industry at large. Because the independent space itself was born as a result of changes within the landscape—an ongoing evolution cultivated by shifting advisor sentiment and client expectations.

So to address listener requests for a broader look at what’s going on in the wealth management world and how that impacts an advisor’s ability to serve their clients and grow their businesses, we’ll be sharing bi-weekly updates as a part of this podcast series.

In this episode, Mindy explores the following:

Clashes between next gen inheritors and the senior advisors for whom they work—The unexpected net effect of retire-in-place programs have left next gen inheritors wondering if their senior advisor’s book is really worth it.
The awakening of “sleeping giants”—After a lull in wirehouse recruiting activity, even the most competitive deals from the biggest brokerage firms may not provide what’s needed to compete with the likes of First Republic and Rockefeller.
The handwriting on the wall—Discerning a firm’s intent by way of the “messages” they’re sending can make a big difference in an advisor’s future.

It’s 10-minutes of insights with value for all advisors—just what you need to know to see your way forward clearly and thoughtfully.

Podcast: Play in new window | Download (12.3MB) | Embed

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