The golden era of the financial advisory business has come to an end. In the golden era, the market’s extraordinary returns ensured firm growth and client satisfaction. Of greater importance, those excess returns absorbed the high cost of servicing smaller accounts while still leaving a historically attractive return for the client. But the secular bull…
We love our work. We became financial advisors because we were fascinated and challenged by the work and because we loved the idea of helping others plan their future and manage their finances. Being an independent financial advisor is who we are. But lest we forget, we are also small business owners, and, like our…
We all want to grow our practices. A thriving practice tells us we succeeded (a) in helping clients manage their finances and (b) in building a business that supports our own personal and financial goals. We love our work: it is challenging and fulfilling. Yet our conversations with more than 100 emerging independent advisors around…