By Mindy Diamond, Forbes.com – The process of considering change is a complex one, where an advisor’s goals often conflict with preconceived notions—the latter of which can take hold, distracting him from focusing on what’s best for the business overall. It’s a mind game that many get stuck playing, essentially driven by FEAR: That is, False Evidence Appearing Real. Deep down, they know it’s time to make a change, but are fixated on what they think “might happen” if they do.
By Mindy Diamond – There’s a constant companion I’ve had by my side most of my life. I didn’t invite her, yet there are times when she is loud, seeming to undermine me, and never cheering me on. She implies that something really bad is about to happen or that I am not worthy of more than I have now. That “companion” is fear.
By Mindy Diamond – Despite the fact that once high watermark wirehouse recruiting bonuses have come down, the expanded industry landscape still offers many very real opportunities for advisors seeking change. Whether you’re an advisor whose primary goal is to monetize your business or the search for a new firm is more about identifying a home where you feel your clients and career can be better served, there is no shortage of options.