Advisors thinking about breaking-away from wirehouse firms and pursuing an independent path have a lot of things to consider — the cost of establishing a new firm, setting up technological and practical workflows that will support existing customers while also pursuing new growth, and creating a business plan that will allow their new venture to [...]
2021 has been a year of unprecedented changes to the way we live and work. For the first time, many financial advisors were able to work remotely, plugging into family life like never before, and developing new workflows and approaches that worked for them. And many — including many who never previously considered an independent [...]
The past two years have brought on a number of changes for financial advisors and their clients. Covid-related shutdowns, more readily available consumer information, and the financial uncertainty associated with Covid’s impacts on the economy, have all combined to usher in a new era of financial advising, in which advisors and their clients are both [...]
It goes without saying that the Covid-19 pandemic has changed just about everything the way we live, work, and invest. Advisors have found new ways to serve their clients, have become their own IT and client support departments, and many have discovered new workflows, routines, and practices that serve their clients better. Covid has also [...]
There is no question that the past two years have upended everything we ever thought about the way we work and live. And despite the disruption caused by Covid-19 and a global economic crisis, Advisors are more in demand than ever. Booming financial markets and significant gains in production have led to higher overall satisfaction [...]
While no industry has been left untouched by technological revolution, none has been affected more significantly, nor disrupted more thoroughly, than the financial advisory sector. Technology has changed every aspect of financial advising, and advisors who can merge an embrace of technological solutions with old-school expertise and knowledge have a significant advantage in the marketplace. [...]
You have thought about going independent — and with well over 110,000 Independent Advisors across the United States, the trend toward practice ownership and breakaway brokers only continues to grow. One of the most important steps in your journey is to research and understand the different independent models and platforms, so that you can identify [...]
As anyone who’s spent a fulfilling weekend working on their car or home can tell you, there’s a lot of reason to commend the DIY spirit. But when it comes to positioning yourself for your next opportunity as an Advisor, doing it yourself may not be enough. What if there was a way to move [...]
We are thrilled to celebrate 25 years in the financial services recruiting and consulting industry! We have worked hard to get here, and we look forward to continuing our journey matching qualified candidates with wealth management firms. Our founder, Michael Terrana, began the Terrana Group in 1992, and since then we have enjoyed great success [...]
Frustrations in your current position as a financial advisor can cause you to consider changing firms. There are many reasons to make a move to a firm that better fits your needs. Utilizing a recruiting firm could speed up the process and below are the top reasons why advisors leave their existing firms for another. [...]
