The most successful independent financial advisors are the ones who have built the most successful teams. And building successful teams means providing the resources and benefits that inspire employees to dedication to both your firm and its goals. In today’s episode of Advisor Talk, Elite Consulting Partners CEO Frank LaRosa is joined by Stephen Berman, Managing Director, CSG Partners to discuss how an Employee Stock Ownership Plan (ESOP) plan can benefit independent advisors and their practices, both practically and as a motivator to inspire employee loyalty.

Topics discussed include:

*Stephen Berman’s career story and the value proposition of CSG Partners.

*A breakdown of what an ESOP Plan is and the opportunity it presents for independent advisors.

*How an ESOP plan can be utilized to inspire positive employee action and commitment.

*The process for implementing an ESOP and the demographics of firms which stand to benefit most from the offering.

Not only will you walk away from this episode with a detailed understanding of how an ESOP plan can impact your practice, but also an new perspective on how to foster the dedicated team environment essential to scalable practice growth.