Take your practice to the next level. With a little advice from the right coaches, watch how InvestmentNews is helping some of the industry’s brightest advisers transform their businesses. Find out more about Practice Makeover
Practice Makeover: Season 1
Practice Makeover: Episode 1
- Published: February 03, 2014
- Runtime: 9:22
The Renovation Room
Industry experts and executives offer strategies, tips and ideas on how practices can improve their business.
Your Practice Partner
Valuable information and assets provided by OppenheimerFunds, this season's sponsor of Practice Makeover.
There are two fundamental business models for organizing your business: A sales business model, or a professional practice. Paul Blease, Director of CEO Advisor Institute at OppenheimerFunds walks through the major differences and issues.
After reviewing episode #2, it sounds like one of the major considerations to help Trent deal with his capacity constraints is to consider hiring a junior partner. There are three primary variables you must consider that can dramatically increase or decrease your margin of error in this process: it must be done at the right time, for the right reason and with the right person.
Watch the latest video from OppenheimerFunds, the official 'Practice Partner' to the first season of InvestmentNews' Practice Makeover.
As I travel around the country speaking at major industry conferences I often like to open with a question, "who do you think will be your biggest competitor over the next 5 to 10 years"?
About Practice Makeover
Over the last 15 years, InvestmentNews has heard - and told - the stories of thousands of advisers. Now we are going one step further: InvestmentNews is now working with some of the industry's top coaches to identify advisory firms that are in need of a "Practice Makeover". Our mission with this exclusive show is to help advisers take their practices to the next level - while providing our audience with practice takeaways that they can apply to their own businesses.
Tip of the Week
By Ray Sclafani
Need a Practice Makeover?
Tell us why and perhaps you and your practice will be featured next season.