![Financial Advisor Success artwork](https://is3-ssl.mzstatic.com/image/thumb/Podcasts113/v4/70/09/35/7009356d-2b92-8a40-9385-65cf04de56c1/mza_7264317729548464989.png/100x100bb.jpg)
Ep 266: Reinventing The Wirehouse Model As An Employee-Owned Locally-Managed Partnership with Jim Gold
Financial Advisor Success
English - February 01, 2022 12:00 - 1 hour - 90.6 MB - ★★★★★ - 653 ratingsBusiness News News Business Investing investing business finance money entrepreneurship marketing earlyretirement realestate budgets financialindependence Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Jim Gold is the CEO and co-founder of Steward Partners Global Advisory, an independent advisory firm with multiple locations across the country that serves nearly 10,000 client households. Managing $16 billion of AUM under 180 financial advisors, the firm is unique in that it is attempting to recreate the wirehouse model of old by merging the “large firm” infrastructure with an employee-owner partnership model.
Listen in as we dive into the "why" behind the formation of Steward Partners Global Advisory, including how Jim’s firsthand experience at a wirehouse led him to build his dream business model with all the benefits of a large firm—and none of the corporate scandal or compliance issues that usually follow old-school wirehouses. Jim also shares the details of his firm’s partnership model that allows for advisors to have greater career flexibility while also having a stake in the company, as well as the personal challenges he faced along the path to building the firm he had always dreamt of.
For show notes and more visit: https://www.kitces.com/266