Cracking The Code On Organic Growth For Financial Advisors
MAR 1, 202452 MIN
Cracking The Code On Organic Growth For Financial Advisors
MAR 1, 202452 MIN
Description
<p>The lack of robust organic growth for financial advisors' businesses has been a key concern for industry leaders for years. On this episode of the podcast <a href="https://www.linkedin.com/in/tom-rieman/" target="_blank">Tom Rieman</a>, CEO and Founding Partner of <a href="https://pracintel.com/" target="_blank">PracticeI ntel</a> shares what he believes is the key to cracking the code on organic growth for financial advisors.</p>
<p>Resources Mentioned In This Episode:</p>
<ul><li><a href="https://www.mattreiner.com/podcast/aligning-financial-advice-to-client-expectations-with-tom-rieman/" target="_blank">Bridging The Gap Podcast</a> - Tom joined Matt Reiner on this podcast recently and we hit on one of the points from that episode to tip off our conversation.</li><li><a href="https://www.mckinsey.com/industries/financial-services/our-insights/the-value-of-personal-advice-wealth-management-through-the-pandemic" target="_blank">Data from PriceMetrix by McKinsey</a> - Mike mentioned the study and an <a href="https://blog.truelytics.com/most-advisors-are-not-growing-their-business-heres-why-thats-a-problem-and-how-to-fix-it" target="_blank">MFA Podcast episode with Kieran Bol</a>.</li><li><a href="https://blog.blueleaf.com/defending-financial-planners-and-building-the-4th-great-profession/" target="_blank">The Augmented Advisor Podcast</a> - James Lee, the former President of the FPA discussed his conviction that "Financial Planner" is the 4th Great Profession.</li><li><a href="https://clearingcustody.fidelity.com/app/literature/item/9910789.html" target="_blank">Fidelity Investments 2023 RIA Benchmarking Study</a></li><li><a href="https://www.skyview.com" target="_blank">SkyView Partners</a> - Their focus on organic growth as a key driver for business valuation.</li></ul>