4 Keys To Client Retention When Making A Move
Develop a Communication Game Plan Follow the Rules and Regulations Preparation is Critical to Success There’s a lot of factors that go into an advisor choosing to go independent — and there are also a lot keeping them from breaking free and venturing out into the independent space. One of the biggest fears that many advisors […]
4 Ways To CYA When Moving To A New Firm
Identifying Legal Risks Knowing Exactly What Is Allowed Reviewing Contractual Agreements It’s no secret that there’s a lot to handle when it comes to transitioning to a new firm… it’s a big move with tons of details. However, one of the tallest (and most important) hurdles to overcome is navigating the legal aspects of a transition. […]
The Path To Independence: BD vs RIA
Which Independent Route is Right for You? Freedom & Flexibility vs Turnkey Solutions Getting Started with Your Unique Move Over the past few years, more and more advisors have made the big move and left their wirehouse opting to take their business to the independent side of the industry. The decision to break away is […]
Thinking About Selling? Top 10 Tasks To Get Your House In Order
Key steps you need to address Define your unique narrative The rewards of preparation We all reach a point when we start thinking about life after work and starting the next chapter of our life. For advisors, that often means selling your business. But, selling your business isn’t a simple task – it’s a journey […]
How Big Is Your Appetite For Independence?
The Breakaway Menu A Size That’s Right for You How to Get a Taste of Freedom Once, all financial advisors took the same path… go work for a big brokerage firm or wirehouse and then grow your book of business by leveraging their brand and resources. They take their cut, you get yours — and […]
All Signs Point To Yes: What a kids toy can tell us about moving to a new BD
Odds are you’ve picked up a Magic 8-Ball at one point in your life. You held the billiard ball shaped orb in your hand, asked a yes-or-no question, and then flipped it over to reveal the “answer” which floats towards a window amidst a mini-sea of blue dye. There are 20 possible answers to the […]
Going Independent? 3 Marketing Must-Haves
The Importance of a Digital Strategy Building Your Brand The Power of a Compelling Narrative For advisors that are looking to break away from a wirehouse or are in the process of breaking away, it’s time to start thinking about your digital presence. As you venture out into the independent landscape, you want to start […]
The 3(x) Questions Of Going Independent
Money Matters The Numbers Behind Going independent Benefits and Costs of Breaking Free Chances are, at one point or another over the course of your career, you’ve pondered the idea of breaking away from the wirehouse. After all, the thought of going independent can be an exhilarating, albeit intimidating, idea — more control… more money… […]
Take This Step Before Starting To Plan Out 2022
From growth goals and new real estate to personnel and new opportunities, it’s business planning season, the time of the year when most everything is up for consideration. Should moving to a new firm be on the table for consideration? The short answer is – yes! Many advisors test the waters this time of year […]