Independence or Independent – Understanding the Difference with Thom Powers, Director of Business Development, Elite Consulting Partners

Advisor Talk with Frank LaRosa

English - September 21, 2023 08:00 - 27 minutes - 18.8 MB - ★★★★★ - 158 ratings
Management Business Marketing advisor recruiting practice management entrepeneurship wealthmanagement recruiting financial planning ria asset management financial advisor financial services Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Tactical Growth with Nate Lenz - Co-Founder and CEO, Concurrent Advisors

Next Episode: Strong Culture Equals Strong Results with Stacey Frank, Vice President and Managing Director – Elite Consulting Partners

Some of the topics discussed include:

How Thom Powers’ background and expertise led him to the recruiting and transition space within financial services.
Determining whether an advisor wants to be independent or have independence (there’s a big difference).
A breakdown of some of the hybrid affiliation channels that are proving to be great options for advisors who don’t want true independence, but still want to leave the W-2 space.
Why advisors need to consider the scalability of their practice before moving to a new firm.

Frank and Thom are so passionate about this topic that if each episode of Advisor Talk didn’t have a time constraint, they would have talked for hours. Today’s show is full of information that advisors need to hear if they are deciding whether their next step is gaining independence or going completely independent. If you are interested in learning more about the independent space or any transition opportunities that are available to you, reach out today. Send an email to [email protected] or call at (856) 316-4651.