When it comes to advisor transitions, where advisors move and why goes beyond the financials of the deal. One of the most important trends to watch in the industry has been how firm culture, and the success it fosters, serves as a key differentiator for firms attracting the best advisory talent. In this episode of Advisor Talk, Elite Consulting Partners CEO Frank LaRosa and President Dale Dempsey analyze the impacts of the trend and share their insights on the true value of what having a good firm culture brings to the table.
Among the topics discussed are:
*The importance of picking a firm whose culture aligns with your goals, both personally and professionally.
*Commoditization within the current recruiting market and how that translates for advisors.
*The benefits of being transparent about your goals and practice vision when negotiating with potential new firm partners.
*Unexpected negatives brought to the table with the rise in interest of working from home.
*Steps to help create a firm culture that incentivizes employees to come back to the office.
A positive firm culture that both attracts and retains advisors should be considered a must-have component of any firm that an advisor is considering for a transition opportunity. Listen closely as Frank and Dale discuss the ins-and-outs of what a company’s culture really means for an advisor’s success, and use the insights shared in this episode to level up your practice to the place it deserves to be!
