Financial Professionals can count on changing firms at least once, if not multiple times during their career. Outside of corporate mergers and acquisitions, FP’s often reach a tipping point that triggers the search for a new broker-dealer and/or RIA partner; frustrations with their current firm have piled up and they can’t take it any longer. …
Continue reading “When Changing Firms, What Questions Should You Be Asking?”
Having now spent over 20 years within financial services, it has become evident that we love our industry buzzwords! They are thrown around so much that they are often used incorrectly and have come to describe generalities in conversation. The #1 offender is scale. There are several interpretations of it but by definition, having scale …
Transcription of Video This is Ned Van Riper with Independent Financial Partners and I am speaking to you from our corporate office in Tampa. I wanted to shoot a quick message about office space because office space is often times a very overwhelming and daunting part of the conversation. It’s typically the most fun part …
Video Transcription Hi. My name is Ned Van Riper. I’m the Director of Advisor Recruiting with Independent Financial Partners. We’re an SEC registered RIA, and as the breakaway financial professional movement continues to gain traction, I wanted to talk about the term independence, perhaps squash a few misperceptions about what independence is and is not. …
Continue reading “Becoming an Independent Financial Professional”
If you have been in the industry long enough, you’ve heard horror stories about financial professionals changing firms or breaking away, only to lose a majority of their clients. This story is the same across numerous channels, including wirehouse, independent, and insurance-based or bank broker-dealer-affiliated financial professionals. These stories are sometimes fabricated by branch managers …
1. A Misaligned Business Model: Financial professionals serve client niches and don’t try to be all things to all clients, as do firms. More and more financial professionals are serving client niches and finding a great deal of success in being a specialist to their clients. Some financial professionals cater to small business owners setting …
Continue reading “Top 3 Land Mines to Avoid When Changing Firms”