2019 Innovator: Valerie Brown

2019 Innovator: Valerie Brown
Executive chairwoman, Advisor Group
FEB 04, 2019

Embracing change and diversity has been a hallmark of Valerie Brown’s career. With a background in engineering, consumer products and financial services, she knows what it’s like to reinvent oneself — and one’s organization.

Most recently, Ms. Brown, executive chairwoman at Advisor Group, led her firm to a new way of thinking in response to the highly publicized Department of Labor fiduciary rule.

“We didn’t react, we changed the way we practiced,” she said. “The focus [of the potential rule] was on compliance, but we focused on how could we take advantage of this new opportunity and move forward with confidence, not fear.”

This proactive approach resulted in a new pricing structure and new offerings, such as simplified fees and fee-based products with lower minimums. Comprehensive work was required throughout the entire ecosystem, including clearing, product managers and fee-based technology, Ms. Brown said.

She also has focused throughout her career on bringing more women into senior roles. The Advisor Group executive leadership team is 50% female.

“Diversity, whether in background, gender or style, helps management think differently — more innovatively versus incrementally,” Ms. Brown said.

The diverse perspective she herself brought to the table at a previous job many years ago also proved valuable. She applied her insights about consumer products to introduce a branding campaign for ING Group — a novel move at the time.

A big influence on Ms. Brown’s life has been family and mountains, as she lives in Jackson Hole, Wyo., close to her native Idaho. Her career migration to financial services stemmed from her father, who had his own book of business.

“He gave me a passion for the industry,” she said.

Latest News

Osaic CEO Jamie Price sees W-2 channel growing to a third of assets
Osaic CEO Jamie Price sees W-2 channel growing to a third of assets

Osaic's Empowered Independence reached roughly $20 billion in a year and a half as succession pressure pushes advisors toward becoming W-2 employees

TaxStatus, Nitrogen plug into Claude and ChatGPT in advisor AI push
TaxStatus, Nitrogen plug into Claude and ChatGPT in advisor AI push

New connectors bring IRS data. planning workflows, and meeting intelligence into AI assistants as RIAs make AI integration a top growth investment

Veteran Calif. advisor at center of $50M customer complaint sidesteps Morgan Stanley’s clawback
Veteran Calif. advisor at center of $50M customer complaint sidesteps Morgan Stanley’s clawback

Sam Su worked at UBS Financial Services in San Francisco from 2008 to 2023 before jumping to Morgan Stanley.

RIA moves: Beacon Pointe buys $905M firm, ASN lands Commonwealth team
RIA moves: Beacon Pointe buys $905M firm, ASN lands Commonwealth team

Wealthspire’s Ground Control is also expanding in London, adding a business manager focused on music and global touring

Investor alleges Arbor Realty Trust misled market on $1.25B loan mess
Investor alleges Arbor Realty Trust misled market on $1.25B loan mess

The REIT allegedly promised investors a fix while the problem grew by $200M.

SPONSORED Best Practices for Engaging Women Around Alternatives

Growing wealth, evolving priorities, and untapped opportunities are reshaping how women approach long-term investing.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.