In my book, a senior advisor is really the top of the heap in the advisory profession: they are qualified to make all the decisions regarding their own clients, and typically manage their own client base, supported by (and mentoring) junior and associate advisors. The only "next step" is not a professional advancement, but a business decision to become a partner in the firm. From an employment standpoint, the compensation shouldn't change from senior advisor to partner, only the additional sharing in the profits or losses of the firm.
ThinkAdvisor's TechCenter is an educational resource designed to give you a competitive edge by keeping you abreast of new tech innovations and need-to-know information that can be applied to your business.
Every financial advisor has heard-since they got into the business-that the best and fastest way to grow your practice is through referrals. See what sets...
Learn how refocusing your business model help recharge your business’s value.
Focus working with mature clients including what are the characteristics of a sound goals-based investing method, how big is longevity risk, and a reevaluation of...
Oct 26, 2016
This complimentary webcast will cover charitable donations and planning, including some key year‐end tax considerations. We will provide an overview of the benefits of charitable...
Oct 20, 2016
Learn what critical roles document management serves for wealth management firms and their practical operational advice for running a viable business.
Oct 05, 2016
Some broker-dealers have already decided to exit certain lines of business and are sizing up how the rule will impact their IT and compliance budgets....