LPL’s Commonwealth Acquisition: What Advisors Near Retirement Should Know
The Shockwaves of Consolidation In wealth management, consolidation is often framed as progress. Announcements speak of efficiency, synergy, and...
To compete with robo advisors, changing business models, and other market challengers, advisors need to deliver the services clients value most. Over the past five years the demand for both financial advice and financial plans have skyrocketed. Yet only about half of advisors provide any type of formal financial planning. This despite the fact that financial planning services increase both client loyalty and wallet share.
Why it matters: Higher netflows per household group generates higher revenue per client. The result is a more profitable practice.
Getting It Right: The secret to realizing the benefits of offering financial planning is to have a consistent, repeatable, and efficient process. This is achieved by:
A 35-year veteran of the industry, Whitbeck’s experience, industry knowledge, and track record make him a powerhouse ally for financial advisors and industry leaders. With certified third-party business valuations, legal and lending support partners, and a proven acquisition process, Whitbeck and his team of experts have helped hundreds of financial advisors build, manage, protect, and successfully transition their practice.
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The Shockwaves of Consolidation In wealth management, consolidation is often framed as progress. Announcements speak of efficiency, synergy, and...
When you’re evaluating offers to sell your advisory firm, are you also asking yourself how well your buyer will protect your client relationships and...
For decades, you’ve dedicated yourself to building a successful financial advisory practice, guiding clients toward their financial goals. Now, as...