As the new year begins, it’s beneficial to challenge yourself – and your practice – and set strategic goals for the future.
Devise a strategy to help you capture business from a market segment you want to serve.
Every party you attend or host and every gift delivered can move your brand forward, strengthening and building relationships.
The planning, investing and discipline that financial advisors provide can dramatically affect a family’s choices for generations to come.
Advisors spend twice as much time on investment activities than anything else, which means they could be missing out on important opportunities.
As a practice grows, it's harder to make sure that everyone on the team understands what's important to the firm.
Offering employees an ownership stake can give you a valuable tool to attract and retain great people, and it often makes internal succession much easier.
While some advisors choose to sell their practices and retire, others wish to remain for a specific time and work for the new owners.
While the economics have to work for the owners and partners of the firm, they have to make sense for the next-gen advisors, too.
Pruning less than ideal clients can often lead advisors to breakthroughs in growth because they have more time to focus on other activities.
