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 industry, and it may seem like a perplexing one. Frank and Tina dive deep and analyze why social media is crucial for every advisor and how it can be one of the most compelling tools available to achieve scalable practice growth.

If you are interested in learning more about the topic of marketing and branding, or our Fractional CMO services, email [email protected] for more information.

Show highlights include:

*The importance of not being drawn into hasty decisions when making a move to a new firm partner, based on emotion, or tempting offers.

*Why advisors need to conduct thorough research and gather all the necessary information before making a transition decision.

*How to separate emotional appeals and stories from concrete facts when evaluating opportunities.

*Why advisors are encouraged to consider various factors such as payout structures, lead generation support, and the overall firm partner fit when making a move.

By providing valuable insights and advice, Frank and Stacey guide advisors in making well-informed choices that align with their unique personal and professional goals. Whether you are a seasoned professional or a financial advisor looking to scale your practice, this episode offers crucial guidance for success.

Show highlights include:

*Common misconceptions advisors have about going independent.

*A breakdown of the complexities of becoming an RIA, including legal considerations, compliance tasks, and the financial investment required.

*An exploration of the spectrum of RIA models including the advantages and disadvantages of each.

*What advisors need to consider in order to know whether they truly want to become an RIA, or if they just want to affiliate with an existing RIA.

The expertise that Frank and Stacey share over the course of this week’s edition of Advisor Talk is immense. Walk away from this episode with the knowledge that you must carefully assess your business goals, strengths, and growth plans before deciding what kind of move to independence you truly want. Whether it's full independence or an affiliation model, the journey to RIA demands thoughtful consideration, ensuring a strategic and successful transition in the dynamic world of financial services.

Show highlights include:

*A breakdown of Dan Sullivan’s Top 10 habits whichblend both personal growth and professional success.

*Why, as a business owner, carving out quiet moments for oneself isn't just a luxury; it's a strategic necessity for clarity, creativity, and decision-making.

*Elevating the client experience across all interactions to cement loyalty, foster referrals, and ultimately drive business growth.

*An explanation of the Pareto Principle and how it pertains to financial advisors.

Diving deep into these foundational elements can empower business owners and financial advisors to not only reach but exceed their goals. Walk away from this episode with insights that you can implement into your own life and business to experience the success you have not only sought but deserve!

Today’s show highlights include:

*The trend of more and more advisors moving from the W2 environment to the independent world, and what effects this is having on the financial advisory space as a whole.

*The biggest mistake advisors make when they first start their own independent practice.

*Why advisors need to adopt the mindset of working for their employees, treating them as clients rather than as if everyone works for them.

*Understanding the true “Why” behind your employees as a proven formula for success.

*A breakdown of some of the strategies that Frank utilizes to ensure that his employees know that he has their best interests at heart.

Listen in and get ready to take notes as Frank and Stacey delve into key insights essential for independent financial advisors striving to unlock their practice's full potential.

Today’s show highlights include:

*A breakdown of the industry trends that led to the formation of Elite Advisor Successions.

*The process that Elite Advisor Successions engages in with buyers to be able to see what they truly want, as well as what is best for them.

*The qualifications consistent among “serial buyers”, and the preparation required to establish yourself as a legitimate buyer.

*Common pitfalls that buyers cause a deal to fall through for a buyer and seller.

*When engaging with sellers, why the emotional aspect of the transaction is crucial to address, and the potential impact overlooking this can have.

Whether you're currently in the market as a buyer or seller, this episode offers a comprehensive breakdown of crucial considerations. Join Frank, Brian, and Joe as they dive into the winding pathways of advisor successions and equip you with the knowledge needed to thrive.

Today’s show highlights include:

*Why financial advisors typically want to go RIA, and what we look for in advisors to dictate what structure would make the most sense for them.

*A comprehensive breakdown of the diverse RIA structures available to transitioning advisors.

*Insight into the often overlooked yet highly advantageous option of tucking into an existing RIA.

*The regulatory and compliance considerations for transitioning to an RIA, including the advantages and challenges compared to other structures.

*How to determine whether an RIA structure is the right structure for you in setting up the next phase of your career.

Join Frank and Vince in today’s episode as they explain why embracing the RIA model could mean the difference between stagnation and growth for financial advisors. Whether you're a seasoned advisor or just starting out, this episode will provide you with the knowledge and resources needed to position yourself for long-term success and sustainability.

Today’s show highlights include:

*An overview of common misconceptions of RIAs that advisors have when they want to create one.

*What the nationwide trend of more advisors wanting independence means for the RIA space as a whole.

*The difference between a state registered RIA and an SEC registered RIA.

*What an advisor really means when they say “I want to go RIA”.

*The differences between an RIA and a Hybrid RIA.

Join Frank and Vince as they demystify the journey to becoming an RIA while exploring the growing demand for advisor independence. Through this episode, you’ll gain valuable insights into what it truly means for an advisor to embrace the RIA model and understand the nuances between different RIA structures.

Show highlights include:

*The significance of understanding your reason for moving firms and setting clear practice goals. 

*The importance of using available information to make decisions that best align with your happiness and future vision of success. 

*The need to overcome distractions from external opinions and focus on what is right for you without succumbing to fear, doubt, or decision fatigue. 

*How Elite Consulting Partners has positioned itself as a valuable resource to help financial advisors navigate these complex decisions.

Today’s episode serves as a guide for advisors who feel it's time to make a move, encouraging them not to let fear hinder their decision-making process. Join Frank LaRosa and Stacey Frank as they provide strategic advice and solutions tailored to the unique challenges of financial advisors.

Show highlights include:

*How Elite uses our Core Values as a thermostat to measure and ensure that the decisions we are making are aligning with our ultimate goals.

*What we mean when we say that we speak with advisors every day who don’t have a clear definition of who they want to be.

*Why our Elite team is adamant about the connection between success at work and success at home.

*A breakdown of why Core Values are necessary for every scale of practice or firm, whether you’re a 2-person team or a corporate team with hundreds of employees.

Throughout the course of the episode, it is easy to see why Frank and Stacey as leaders place an emphasis on Core Values. For Elite Consulting Partners, our Core Values are not just words on a page. They are the foundation of our company culture and the driving force behind everything we do. As you are listening to this episode, think about what your own personal and professional goals, and start formulating a list of the Core Values you will commit to in order to achieve them.