Yet Another Reason Why Internal Successions Are Best
Advisors are counting on an external sale (eventually) to fund their retirement, but in our experience the best exit strategy is an internal succession plan.
Run (Your Business) Like a Girl
Do women make better financial advisors? Angie Herbers doesn't know, but she says "with some certainty" that female advisors make better advisory firm owners.
Why You Should Use Team Bonuses Based on Firm Revenue
It would be a shame for advisors to confuse David Grau's and Michael Kitces' aversion to individual revenue-based bonuses with team bonuses.
Your Corporate Culture: The Party You Throw Daily
To build your corporate culture, approach it the way a professional party planner would.
The Magic Formula for Advisory Firm Success? There Isn’t One
Each firm is different, every owner is different, but the successful ones commit to a—get this—plan, and learn from their failures.
Investing in Yourself
Without a good business foundation, it's very difficult to make smaller changes work successfully.
Client Calendars Show Clients How Much You Do for Them
Client service calendars let your clients know that you and your firm are actively taking care of their finances throughout the year.
Unhappiness Ever After: 10 Questions for a Reality Check at Work
There's only so much your company can do to keep you happy. Ask yourself if it's time for a change.
The ‘Dog Pack’ Leadership Lessons
Dogs don’t micromanage, but like a pack, a great team will practice self-discipline.
Want to Continue to Succeed, Owner-Advisors? Give Up These 3 Sacred Cows
Here’s the problem with success: what got you there won't bring you to the next level, so give up to grow.