The most overlooked feature of a practice valuation: Speed
Between now and early December, most advisors will block out time to set goals for 2027. Some will plan to grow by adding clients or staff. Others are starting to think about what comes next, whether that means bringing in a successor or eventually selling. Either way, the plan starts in the same place: an […]
Heading To The AHub Summit? Save Room For This.
Tony Sirianni and the AdvisorHub team do a great job with the Advisors to Watch Summit. We’ve attended past summits, and the content and people we met made the trip more than worthwhile. This year’s agenda is stacked with plenty of reasons to attend, including a presentation on AI in wealth management from Stanford’s Jeffrey […]
“Am I A Bad Person?” for Wanting to Switch Broker-Dealers?
A few years back, Nike ran a commercial that asked, “Am I a bad person?” Voiced by Willem Dafoe, it explored the ambition that drives athletes to win. We’ve heard that same question from financial advisors considering a move to another broker-dealer. Often, it comes from someone who has spent much of their career with […]
New Grids Are Rolling Out – What To Know And What’s Next
Morgan Stanley and UBS have given advisors a look at their 2027 compensation plans, leaving time to understand how the changes may affect their practices before strategic planning for the new year begins. Let’s take a look at what is known right now and what it might mean for you. Morgan Stanley Adjusts Thresholds as […]
It Takes a Lot of Work to Make a Transition Feel Simple
“It takes a lot of work to make something simple.” — Steve Wozniak Earlier this year, a client told us something that stayed with us: The transition felt simple. In many professions, “simple” can sound like shorthand for quick or lightweight. But when a financial advisor is transitioning to a new broker-dealer, it means something […]
What Dolly Parton’s Life Can Teach Financial Advisors About Standing Out
I was driving with my tween daughter the other night, talking about Dolly Parton, when she said, “Isn’t it amazing that no one hated her?” What a mature (and accurate) observation. Of course, no one reaches Dolly’s level of fame without attracting critics. What my daughter recognized was that Dolly had become almost universally loved […]
I Could Get Used To This
There’s one phrase that seems to get a lot more use during the summer: I could get used to this. Maybe you’ve said it while sitting on a beach with nowhere you need to be. Maybe it came out while cruising around a lake, lingering over dinner outside, or spending an extra hour around the […]
What AI Taught Me About Investing
AI won’t replace business over the next three years, but businesses that learn to use AI to work faster, smarter, and more efficiently will have a major advantage over those that don’t. AI wrote that. It may be accurate. It may even prove to be a pretty good prediction. But ultimately, it’s hollow. There’s nothing […]
Did Lebron Just Sign With Amerprise?
In a move no one saw coming, The King just chose Ameriprise. Well, sort of. Last week, LeBron ended weeks of speculation and signed with the Philadelphia 76ers for the veteran’s minimum: two years, $8 million, with a player option. Comparable forwards around the league are set to earn $40 million or more next season. […]