Does Your Advisory Firm Need a Makeover?

Does Your Advisory Firm Need a Makeover?

In my experience, some firm owners “build” their businesses similar to the way many people furnish a new house. That is, by purely random selection.

“Oh, that’s a nice couch, let’s buy it.” “And I like that dining room set, it reminds me of my mother’s.” “And look at that rug, it’s it beautiful!” “What about those paintings; I’m sure could find places for them.”

4 Ways to Engage Millennial Employees.

4 Ways to Engage Millennial Employees.

Millennials are about to become the largest generation in the United States. If your advisory firm doesn’t already employ someone in this age group, it’s a good bet that you soon will.

Client Experience is Useless without Operational Experience. Here's how to build OX.

The devil really is in the details. Have you created a client experience that is not operating effectively? The problem is your operational experience. Before you go creating a new process or system for your clients, look under the surface of your business and build your operational experience. Here’s some tips on how.

Want to know how to build a technology strategy? Clean up the tech you already use.

Technology is a hot trend in the financial services space. But do you need to spend your business resources on the hottest new thing? Likely you don’t. It’s often better to look at your existing technology and integrate it before you invest in more. To help you clean up your tech, use these seven questions to determine what stays and what goes.

Rate of Change = Growth Rate. Want to grow? Change.

Ask yourself if you really want to grow your business. The rate at which you change equals the rate at which you grow. If you are not evolving and changing each day, growing your advisory firm becomes harder than it needs to be. Embrace the change within your firm and reinvent yourself every chance you get. Here’s how.

Time Saving Tips to Running a Better Advisory Firm

Forget what you hear about fancy systems that claim to gain you more time. The best time you can spend is committing to your decisions, communicating better with others and surrounding yourself with people who can help you. There is no need to build your business alone.