By Mindy Diamond – WealthManagement.com – In a world where ensuring asset growth and gaining scale is important to every firm, you are on the radar of every recruiter and manager in your market. Of course you should accept the invitations from them. It’s flattering to be wanted, and it’s certainly important to get an understanding of what the competition is doing. The only problem with this approach is that it isn’t strategic.
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?
By Mindy Diamond, WealthManagement.com – All advisors get frustrated with their firms at times and consider jumping ship, but only 22% on average actually change organizations in any given year. Yet restlessness seems to be on the rise. 29% of advisers at national wirehouses said they were considering leaving their firms in the coming year compared to 25% the year before, according to a study by Cogent Research.
