The dynamic in play between owners of financial advisory practices and their likely successors is interesting. So many things point to there being plenty of common ground between baby-boomer and millennial advisors. For example:
Posted by Maria Considine King
January 4, 2017 at 1:30 PM
The dynamic in play between owners of financial advisory practices and their likely successors is interesting. So many things point to there being plenty of common ground between baby-boomer and millennial advisors. For example:
Topics: Practice Management
Posted by Maria Considine King
December 15, 2015 at 10:00 AM
New Year’s resolutions menace me. I like the idea of them—using the promise of a new year to make a vow to improve some part of my life—but their execution is fraught with frustration. In working with advisors, I hear a lot of this same frustration. Most resolutions are associated with the things that “should be” done but, somehow, remain undone. Succession and continuity planning is high up on this list for many advisors.
Topics: Practice Management
Posted by Maria Considine King
September 16, 2015 at 1:30 PM
Periods of disruption often lead advisors to concentrate more intently on their businesses and to reassert control over the things they can change. But you don't need to wait for disruption before deciding to make improvements. Instead, take a proactive approach to examining your own performance and finding ways to increase efficiency. Remember, operational efficiency isn't just about how your staff does things; it's also about shaping your approach to everything you do in your day.
Topics: Practice Management
Posted by Maria Considine King
September 15, 2015 at 10:00 AM
The E-Myth series by Michael Gerber has received acclaim for its down-to-earth presentation of the issues facing most small business owners. But what does it mean to "e-myth" your practice?
Topics: Practice Management
Posted by Maria Considine King
August 26, 2015 at 1:30 PM
According to a study by the Oechsli Institute, approximately 54 percent of independent advisory practices are solo offices. This might be surprising, but there are certainly benefits of being "the one." You can design your practice around your life, do things the way you believe they should be done, and control the direction your business takes.
Topics: Practice Management
This material is for educational purposes only and is not intended to provide specific advice.
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