Key takeaways from today’s episode include: Why timing is never truly perfect, and how planning ahead makes all the difference. How to streamline the workload of transitioning and avoid feeling overwhelmed. Why fears of losing clients or revenue are often overestimated and how proper preparation ensures success. The importance of focusing on the long-term growth of your practice, rather than short-term discomfort. How a consultative approach like the Next Level Process helps advisors navigate transitions confidently and efficiently. Frank and Stacey stress the importance of aligning your vis ..read more

Key takeaways from today’s episode include: How making small but strategic changes, like switching partners or tools, can lead to exponential growth in business and personal success. The emotional hurdles advisors face when considering a move, including loyalty and guilt, and how to overcome them. Why a firm change might be necessary for taking your advisory practice to the next level - and how to ensure the transition is smooth and beneficial. The importance of aligning your goals, vision, and client needs with a firm's resources and platform to maximize growth opportunities. Frank and Stac ..read more

Today's show highlights include: *Why taking private equity money might not be the right decision for you and your firm. *The emotions involved in deciding on a successor who will acquire your business. *How selling your practice to a private equity firm could be a risk to your company's culture and employees. *The benefits of finding a successor internally within your organization. *How growing your business can be more profitable down the line than selling to a private equity firm. Join Frank and Stacey as they unpack the realities of private equity deals, emphasizing the importance of maint ..read more

Today's show highlights include:   *The distinction between working on your business versus working in your business and why both are crucial.   *How quarterly check-ins can effectively keep your business aligned with its goals and drive continuous improvement.   *Strategies for leaders to encourage growth by challenging employees and embracing discomfort as a catalyst for success.   *The role of both internal and external mission statements in guiding your organization's direction and culture.   *Tips for continuously modifying and fine-tuning successful processe ..read more

Today’s show highlights include:   *The impact of ongoing acquisitions on independent financial advisors' sense of control over their businesses.   *Strategies and advice for advisors feeling disempowered by decisions made for their businesses.   *Recognition of the enduring value and strengths of smaller independent firms amidst the acquisition trend.   *Essential questions advisors must answer objectively before considering a move.   *The critical importance of removing emotional influences from decision-making during the transition process.   Today’s conversati ..read more

Topics discussed during the episode include: *How to use “who you are” to build your online presence. *Why many advisors have been reluctant to personalize their online presence and the potential consequences of that decision. *How advisors can bridge the gap between the personal side and professional side on their online platforms. *A breakdown of the different social media platforms and how to differentiate your message depending on which platform you use. *What results to expect from building a consistent online presence. Social media is a new frontier for the financial services indus ..read more

Today’s episode highlights include: Considerations in legal representation when making a career move or planning an M&A transaction. Critical safeguards for buyers and sellers to secure M&A contracts and ensure a smooth transition. AI in finance—opportunities and the risks associated with fraud, client confidentiality, and regulatory compliance. Client communication and compliance pitfalls, with tips on maintaining accuracy and transparency in a digital-first world. Frank and Matt provide a well-rounded perspective on staying vigilant about legal risks, managing client data, and prot ..read more

Key takeaways from today’s episode include: The impact of “set-it-and-forget-it” client relationships and how they may lead to a false sense of security. Why consistent, proactive communication matters, even in positive markets, to prevent clients from feeling overlooked. Simple systems and automation tips for keeping client connections strong, from milestone check-ins to meaningful outreach strategies. How to assess and strengthen client loyalty—and why it’s crucial before any potential transition or succession. Frank and Stacey emphasize that the value of an advisory practice is more than ..read more

Topics include:  *The importance of having a clear understanding of what independence means to you so that you can find a firm partner that meets your unique needs.  *An explanation of the varying levels of independence available to advisors, and the differences between the models depending on how much autonomy advisors are seeking.  *How each independent channel has unique differences that can impact your practice and why it's crucial to understand these differences to make an informed decision when considering a transition opportunity.  Through listening to this episode ..read more

Today's show highlights include:  *The benefits of home office visits for both firms and advisors.  *The importance of details when it comes to planning home office visits.  *Why you should understand the in-person culture of a firm before making a decision.  *The difference in production and creativity when people are working virtually vs. in-person.  Join Frank and Stacey as they explore why a positive company culture is essential for personal success and happiness in the workplace. Through engaging discussions and personal anecdotes, they illustrate the unparalleled ..read more