Comparing and contrasting some of the most popular options available to breakaways with special guest Louis Diamond
Captive advisors who seek greater freedom and flexibility are lucky to have an industry landscape where so many high-quality independent options exist—with new ones being born every day. But with this expanded waterfall of possibilities comes waves of confusion, leaving advisors scratching their heads when attempting to discern between the various models and options in the space.
Advisors considering independence often find themselves trying to answer:
- What’s a service provider?
- What’s a platform firm?
- What’s quasi-independence?
- What’s the difference between having your own ADV and being part of a joint one? And why does it matter?
- How do firms like Rockefeller Capital Management, Sanctuary Wealth Partners and Dynasty Financial Partners differ?
- And many more frequently asked questions.
Louis Diamond joins Mindy to answer these questions and others, with a goal of imparting some order and providing actionable information to help you better understand where all of the pieces fit.
Together they review the evolution of various models, with a closer look at the new world order. You’ll learn how 7 of the most popular options came to be, what their visionary creators set out to solve for and which advisors are best suited for them.
It’s an episode that will help advisors differentiate between options which offer more guardrails and those that provide the highest levels of freedom and flexibility.
Listeners will also learn how to focus their efforts through a series of thought-provoking questions, designed specifically for advisors considering how to best outline their next chapter.
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Quasi-Independence: The Sophisticated Independent Model that Offers the Best of All Worlds
Many advisors who explore full-on independence find that it’s just too much of a leap. For those folks, the quasi-independent space may be just the ticket. Listen->
A Best-of-All-Worlds Model: Full-Service Independence with Equity Upside
A Conversation with Jim Gold, CEO and Founding Partner of Steward Partners. Listen->
Rockefeller Capital Management Demystified
A Conversation with Chris Dupuy, Managing Director and Chief Operating Officer. Listen->
What’s Driving the Momentum Towards Independence and Will it Continue? With Shirl Penney, Dynasty Financial Partners
An insider’s guide to what it takes to get from here to there in the independent space. Listen->
How This Former Merrill Insider Once Drank the Kool-Aid, Then Set Out to Build a Better Toolbox
A Conversation with Jim Dickson, Founder and President of Sanctuary Wealth Partners. Listen->
How a Legacy Merrill Team Experienced 600% Growth in 10 Years
Special Guests Bill Loftus of Coastal Bridge Advisors and Mark Dupont of Focus Financial Partners provide an “outside-in” look at how a capital partner helped this RIA make the leap to independence—and achieve amazing results. Listen->
Other Related Resources
Independence Isn’t Just for the Most Entrepreneurial Advisors
While you don’t need to have Jeff Bezos’ or Mark Zuckerberg’s level of entrepreneurial spirit, there are some key characteristics that most successful independent firm owners possess. Read->
Why Advisors and Their Affluent Clients are No Longer Looking the Other Way When it Comes to Independence
As advisors make the move to independence, their high net worth and ultra-high net worth clients reap the benefits of a more personalized approach. Read->
Quasi-Independence: The Super-Sophisticated Boutique Model Taking the Industry by Storm
It’s safe, flexible and worthy of your consideration—even though some of the names may not be all that familiar just yet. Read->
The Rockefeller Effect: Why the Multi-Family Office Model Has Become the Talk of the Industry
What is it about Rockefeller Capital Management – and other firms like it – that’s driving such a high level of interest amongst the industry’s elite? Read->
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