A New Shift In Recruiting Deals
The Rise of Fee-based Business A Closer Look at Advisory Assets The Importance of AUM We’ve seen a shift happening recently in broker-dealer recruitment deals. It started with LPL Financial and now Commonwealth Financial Network is following suit and changing from production rates to asset levels when calculating transition assistance for recruited advisors. This shift […]
Seeing The Big Picture Of Your Business
Finding New Opportunities for Growth Evaluating Your Current Situation Exploring All Your Options Making the decision to switch broker-dealers isn’t one that advisors take lightly. It takes time and careful consideration to make the right move to a new broker-dealer, as well as plan to make sure the transition goes smoothly. With clients taking top priority […]
21 Questions You’ll Almost Certainly Be Asked During Your Transition
If you’re considering moving to a new broker dealer you may be asking yourself what bits of information you will need to provide a prospective BD in order to get the best, most accurate offer. We’ve put together a quick graphic to show 21 pieces of information you will almost certainly need to have access […]
3 Reasons To Consider Independence in 2022
The Rise and Accessibility of Independence Taking Greater Control of your Business Guilt-Free Client Investment Guidance The road to independence has been successfully navigated by many advisors over the years, but today’s landscape looks a lot different than it did even a few years ago. Why? With technology advancements across areas such as practice management […]
Reg BI Basic Requirements Firms Failed To Meet
Failing to Meet Basic Requirements The Importance of Disclosures Preparing for Increased Enforcement It should not have come as a big surprise as there were warnings not too long ago that the Securities and Exchange Commission (SEC) was going to start cracking down on the Regulation Best Interest (Reg BI) after being relatively quiet on […]
Why Now Is The Time To Go Independent
Controlling Your Own Destiny Endless Creative Possibilities Earning the Bigger Bucks Making the move to independence might feel like a huge undertaking, and often times, it creates enough anxiety for advisors to put the idea on the backburner or bury it in their minds. However, the reality of the situation is that for the past […]
The Power Of Strong Culture
Culture & Mutual Success Vision Alignment Driving Force of a Move Culture can be a powerful force. Just look at the Cincinnati Bengals who defied all the predictions and earned a spot in the championship. At the beginning of the season, the odds of them making it very far were not in their favor. They […]
Signs Its Time For Change
Not Settling on Complacency Staying Ahead of the Tech Curve Finding Time for Your Clients There comes a time in almost every career when an advisor outgrows their current situation and knows it’s time to move on. However, for many, fear of the unknown prevents them from moving forward. There’s no denying that making a […]
Setting Yourself Up For A Successful Transition
Transitions Continue to Rise Identifying Your Ideal Culture The Dealmakers & Breakers The pandemic has been both a whirlwind and an eye-opener for most. As advisors found themselves working from their own homes, many came to realize that their businesses’ current home is no longer where they want to be. Despite the drastic change in […]