Exploring Your Options? Resources for Financial Advisors
Going Independent with an RIA vs. IBD: A Comparison Fact Sheet
When it comes to freedom and control, there are key differences amongst the independent broker dealer (IBD) and registered investment advisor (RIA) spaces that every advisor should be aware of.
Even the best relationships can reach a point where partners find themselves on different sides of the fence. As shared in this podcast episode, we’ve outlined 10 questions that advisors can ask themselves to help determine the “health” of the partnership and decide how best to move forward.
The worksheet described in the podcast episode: 10 tips designed to serve as a practical guide to navigating the process with efficiency—a strategic method to help you avoid overwhelm and make the most of your valuable time.
The ever-expanding landscape represents a waterfall of possibilities for every advisor. Download this infographic for an “at-a-glance” review of each model in the continuum, as described in the Industry Update podcast episode.
At the cornerstone of the Diamond Consultants 7-Step Process is our trademarked Self-Assessment for Advisors. While it’s only a piece of the Discovery stage, it is the foundation for defining a smart and strategic due diligence process. A subset of the more extensive assessment that we provide to our advisor clients is now available for download.
The Decision-Methodology Infographic
Strategic Exploration and the Road to Taking Control of Your Professional Destiny
Advisors use our proprietary decision methodology – illustrated in this infographic – to help assess where they’re at, what they want to accomplish, and how they want to get there. Used in tandem with counsel from our top consultants, it’s a powerful resource to help guide you toward your best business life.
The Employee Advisor’s “Gut Check”
Have you had that “feeling in your gut” that says, “I’m not sure that where I am is allowing me to serve my clients best?” Many advisors get stuck at this point, uncertain of how to qualify whether the feeling has any basis in reality. Drawing from our decades of experience in working with advisors just like you, we’ve created the “Employee Advisor’s Gut Check” tool. With it, you’ll be armed with the right criteria by which to evaluate your current firm, as well as any others you may be considering.
The Independent Advisor’s “Gut Check”
Many advisors affiliated with broker dealers find themselves at a point in their careers when they question whether where they are is indeed the right place to best serve their clients. It’s at that same point when you realize that what got you “here” may not get you “there”. That’s why we created the “Gut Check for Advisors at Independent Broker Dealers”—to provide you with benchmarks to evaluate your current broker dealer, as well as any others you may consider.