In this podcast episode, Liz Nesvold, founder and managing partner of Silver Lane Advisors, joins Mindy to explore what it means to build your business with the end in mind, and why it’s one of the most critical directives an RIA firm owner should follow.
By Mindy Diamond – Each year, we take a step back to reflect on the year that’s nearing a close—and consider how events and trends will shape the coming year. For advisors, 2018 was about adapting to what had become the new abnormal: A time of disruption and change in which resilience and flexibility became the guiding principles of success.
Mark Tibergien, the CEO of BNY Mellon Pershing Advisor Solutions, shares his thoughts on the momentum towards independence, the evolving advisor mindset, what it takes to run a successful practice and much more on this podcast episode.
By Mindy Diamond – Most wirehouse advisors consider themselves fiduciaries. That is, in practice, they make every attempt to put clients first and make all decisions with their best interests in mind. But in reality, while the advisor’s mindset and heart may be in the right place, the very nature of working for a brokerage firm makes it impossible to be a true fiduciary.
Gil Baumgarten, President and CEO of Segment Wealth, joins Mindy to discuss how, in the 8 short years since he launched his RIA firm, he has more than doubled his assets under management, quadrupled his take-home pay and created a “much better business” for himself and his clients. It’s a story about the growth potential of an RIA and the satisfaction that comes with it.
Alex Goss of Goss Advisors speaks with Louis Diamond about his path to independence, starting in the wirehouse world, then on to the independent broker dealer (IBD) space before launching his own firm, now a leading platform for prospective advisors. [podcast]
By Wendy Leung – Succession planning has become a hot topic, driven by an aging advisor population and the anticipated wave of retirements coming in the next decade. Planning for one’s next chapter is the best way to ensure the legacy an advisor has worked so hard to build can continue well into the future.
In this podcast episode, Jim Dickson, Founder and President of Sanctuary Wealth Partners, shares the inside track on what it was like to be in a senior role in the wirehouse as bureaucracy was on the rise, and why he left behind his 20-year career to build an independent firm.
October 11, 2018 – Mindy Diamond Mentioned – By Rita Raagas De Ramos, Financial Advisor IQ – Financial advisor Gary Hirschberg has left Goldman Sachs – where he was responsible for $1.4 billion in client assets – to launch his own independent practice, Aaron Wealth Advisors. Chicago-based Aaron Wealth Advisors, which will target high net worth investors and their families, is the 47th firm to join the RIA network of Dynasty Financial Partners.
October 11, 2018 – Mindy Diamond Mentioned – By Rita Raagas De Ramos, Financial Advisor IQ – Financial advisor Gary Hirschberg has left Goldman Sachs – where he was responsible for $1.4 billion in client assets – to launch his own independent practice, Aaron Wealth Advisors.
Recent News & Articles
- An Investment Banker’s Perspective on Building a Firm for Maximum Value
- 2019: How Changing Sentiment Will Change the Industry
- UBS buckles under uproar from brokers over non-solicit agreements
- The 7 Most Transformative Wealth Management Events of the Past Two Decades
- How to Avoid the Risks in Waiting for That Perfect “Go Date”