The Pros, Cons, and Personas of Choosing an Advisory Business Model
If you were to ask most financial advisors what drew them to the profession, they would likely cite three core intrinsic values – striving for purpose, being of service, and achieving autonomy. While these guiding principles standalone in designing an advisory practice, they can also come together to form a through-line toward legacy. The desire […]
Beware a New Kind of FOMO: 5 Questions for Entrepreneurial Financial Advisors
Have you ever had the nagging and recurring thought that you’re just not keeping up? Given the fast-paced world in which we live and the constant barrage of information (and misinformation) we might experience on a daily basis, you’re not alone. Some might call this feeling FOMO – Fear of Missing Out – a term […]
3 Fatal Flaws That Can Undermine Any Successful Financial Advisor
Financial advisors are typically adept at in-depth portfolio analysis, investment knowledge, risk management, and strategic financial planning for their clients. But what sets the most successful advisors apart from a more average advisor? While professional skills such as the ones listed above are essential for career success, advisors who are considered to be among the industry […]
What the Big Deal Valuations for Massive Firms like Fisher Investment and Creative Planning Mean for Other Registered Investment Advisors
The surge in private equity’s interest in Registered Investment Advisory firms (RIAs) is a trend that’s hard to ignore. This summer, Fisher Investments secured a significant deal, selling a minority stake to Advent International and the Abu Dhabi Investment Authority. This transaction valued the firm at nearly $13 billion. Creative Planning has also been in […]
