An experienced wealth management industry professional is on a mission to help financial advisors, whichever firms they are aligned with, utilize best practice for growth.
Carolyn Armitage is a long-time financial services veteran and has led leadership positions with firms including Thrivent, Echelon, LPL Financial, ING Advisors Network, and HD Vest, and she wants to share her experience and that of others for the common good.
Armitage has launched RIA Circle, a peer-to-peer community for wealth management professionals that offers a secure and confidential place to bring together registered investment advisors, hybrids, and investment advisor representatives in monthly meetings to share best practice and ideas.
The membership organization already has advisors who utilize 10 different custodians and 10 independent broker-dealers and represent almost $65 billion AUM.
“Growth takes insight and experience, and RIA Circle was formed as a vehicle to allow growth-minded advisors and executives to have access to shared ideas to better run their firms and serve clients,” Armitage said. “Over the past 35 years, I have personally seen collaboration can be a true laboratory for great ideas. RIA Circle will foster these ideas to have a real impact on wealth management leaders and their firms.”
The organization recognises that not all advisors are at the same level of experience or have the same needs, so members are organized into groups led by captains who will lead monthly discussions and leverage the training materials created by Armitage.
There are also strategic collaborators who will add additional expertise to the community, and networking opportunities including discussion feeds, bulletin boards, the ability to upload articles to share with others, and a jobs board.
“The work of financial advisors is important in securing the wealth and future of so many Americans,” Armitage said. “We are excited to provide a community to provide the best resources to ensure wealth managers have the right tools and ideas to serve their clients and fulfil their mission.”
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