Kate worked at several places-- large, small, investment-focused, insurance-focused, you name it-- before realizing she needed to try her hand at starting her own. She's on the leading edge of advisors serving younger and/or clients with few investable assets, using technology and a monthly subscription model.
Chad bought a practice to make the transition from wholesaler to advisor. He also converted much of that practice from brokerage to advisory and shared a few lessons learned from his experience in this week's episode.
Brandon Day carefully planned his move to independence, which not only made his transition smooth but led to opportunities that dramatically increased his income. He talks about how being independent gives him the ability to take advantage of things you could never dream of as an employee.
Podcasts can be a great way to build your knowledge base, both in the financial world and in business in general. In this episode, I give a rundown of a few of my favorite podcasts that I listen to on a regular basis.
One big hurdle to going independent is giving up the large cash windfall that a wirehouse recruiting deal can yield. In this episode, I compared those two different paths for financial advisors looking at a practice transition.
Today I interviewed Gerald Robinson, a CFP and independent financial advisor in Flower Mound, Texas.
Gerald talks about his path to independence that included a stop at couple of employee-model firms before finding his home in the independent channel.
When you're an independent financial advisor, you have a lot of options when it comes to tools you can use to run your practice. I thought I would do a rundown of a few tech tools I use on a day-to-day basis.
Matt Sonnen coordinated the jump to independence for a team with close to $2 billion AUM. A few years later, the firm was sold to a bank for $100+ million....so he has helped create literally tens of millions of dollars of value for advisors in his career
Todd was comfortable at the only firm he only knew for his first 10+ years in the business, but had to transition to another firm under less than ideal circumstances. After realizing he wasn't in the right place for the long term, he was able to make a successful move to independence. Listen to his journey to hear what lessons learned he has for all of us.
Considering buying a financial advisor practice to increase the size of your business? In this episode, I talk about the ins and outs of purchasing a book of business and how to make it a successful transition for you and the seller.
In this episode, I interview Craig Cowles, an independent financial advisor who went from pilot to CFP to improve his quality of life. He talks about what types of clients he likes to work with and how he runs the day-to-day of his business.
In this episode, I talk about a few recent industry articles that give examples of how the employee financial advisor model might differ from the independent model. The articles discuss pay grid changes, advisor retirement payouts and business structures
In this episode, I talk to Brian Ruff - an independent financial advisor that I hired in 2013 to help me with my own practice. We talk about his start in the business, what lead him to going independent and what our agreement looks like today.
In this episode, I'll talk about how your production payout as an independent financial advisor can differ from the employee advisor model. I'll also discuss the various expenses a indpendent financial advisor might incur that employee-advisor might not b
In this episode, I talk to an advisor with over 25 years of experience in the independent financial advisor channel. He talks about how he structured and ran his business during his career.
