Talented advisors have more advantages than ever when it comes to leaving the wirehouse and branching out independently. Going independent is exhilarating and potentially very lucrative, but what’s the smartest way to attract the kind of clients you need to grow? While it might be challenging to differentiate yourself from your competition, it’s certainly not [...]
There is a business case to be made for a company to have a greater purpose and go beyond talking about values, by demonstrating them in the decisions they make each day. In fact, a global “Strength of Purpose” study showed that consumers are four to six times more likely to buy from, trust, champion, [...]
We live in an era of unprecedented flexibility and opportunity for financial advisors. Advisors seeking independence from the cookie-cutter, one-size-fits-all management culture of the wirehouse now have the freedom to truly customize their practice to meet their clients’ needs. Advisors can maximize their own preferences surrounding firm culture and work-life balance, and create new opportunities [...]
If you’re an advisor looking to make a move toward independence, you may wonder how working with a recruiter ultimately makes a difference to your bottom line. After all, advisors have more access to options now than they’ve ever had before, and it’s not always obvious what a recruiter can add to the process of [...]
Unchecked growth of your RIA practice can cause a host of problems for both you and your clients. The smarter strategy is to nurture your expansion at a sustainable level. This foundational approach ensures your business will flourish through anything the future brings. The digital transformation is in full swing, and the rising cohort of [...]
Congratulations! You’ve decided to take the plunge and start a new journey as a breakaway advisor. This is an exciting time, but a busy one, with so many tasks ahead and decisions to make. It might seem complicated now, but you’re already well on your way to greater freedom and autonomy. You’ve chosen a path [...]
Mariner Platform Solutions is a platform for fee-based independent advisors that incorporates the best practices of top Mariner Wealth Advisors. The Mariner Platform Solutions platform provides independent advisors “access to in-house advisory solutions teams across tax, investments, insurance, retirement solutions, investment banking, business valuation, practice management and trust services,” all to allow advisors to take [...]
In an era of almost endless information, it’s important for financial advisors to find ways to stand out in the crowd. As an advisor, obtaining the right certification can do more than just allow you to compete, it can be a differentiator for clients who are looking to choose an advisor. However, for independent advisors, [...]
For independent investment advisor representatives, an RIA practice is an investment all its own. And just as with a client’s investment plan, when and how to sell an RIA can be a complicated decision, implicating your own long-term financial goals, your impressions of the current and projected market, and even your personal feelings about your [...]
Going independent as a financial advisor is complicated — after all, you’re standing up an entirely new business from scratch. Creating a new RIA involves resolving a lot of thorny compliance questions, ensuring you have a client service plan in place, and creating seamless technology solutions that allow you to compete with bigger firms. As [...]
