Exploring Your Options? Resources for Financial Advisors
Partnerships: 10 Questions to Help Identify if You’re Still Right for Each Other
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.
Conducting a Strategic Due Diligence Process: 10 Practical Tips
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.
At a Glance: The Landscape of the Wealth Management Industry
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.
The Self-Assessment for Advisors
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.
FAQs for Advisors Considering a Transition
Many advisors, like you, may be exploring your options with another firm or possibly even another model. And much like your colleagues, you may find yourself getting stuck in the weeds, searching for answers to questions…questions that are likely asked and answered far more often than you realize. In an effort to fill those knowledge gaps – and help you make a proactive and informed decision around whether to stay with your firm or consider other opportunities – we’ve gathered the top questions and answered them using the combined knowledge of our team and other industry experts, as well as information derived from both former and current Merrill and UBS advisors.
NOTE: FAQs designed specifically for advisors from other firms coming soon. For more information, contact us…