Doing the work involved in moving clients to a new custodian is a massive undertaking
Try identifying the things you should stop doing before making a list of the things you want to accomplish
Where will investors turn for guidance during the next bear market?
The days of charging 100 basis points for asset allocation and an annual portfolio review are over
Advisers not only need to do a great job at financial planning, tax mitigation and behavioral finance, they need to let their clients know that this is what they're paying for.
Joining up with an RIA consolidator allows you to spend your energy on the tasks you enjoy.
Schedule business development the way you would any important undertaking
'Sell and stay' is a strategy that can help advisers focus on what they care most about doing in later years.
Your investment in your firm will essentially grow tax-deferred as the value of the business increases.