Advisor Talk with Frank LaRosa

LPL Financial's launch of an independent employee advisor model has taken the financial services industry by storm. It is being recognized as both a true W-2 model and a business evolution for LPL through its strategic innovations in structured support and compensation. In this episode, Elite Consulting Partners CEO Frank LaRosa is joined by Rich Steinmeier, Divisional President - LPL Financial for a conversation that pulls back the curtain and gives information right from the source on:

1) why the new LPL independent employee model was created.

2) the economics behind the LPL independent employee advisor model's comp plan.

3) the specifics on the construct of the LPL independent employee model's advisor support programs.

4) how an advisor can evaluate whether the LPL independent employee advisor model is right for them.

Join Frank and Rich for this insightful dialog as they champion the cause of advisor freedom and discuss why it is important for firms to meet their advisors where they are at to make success possible.

There is a universal truth that applies to both advisors and entrepreneurs alike - that in order to improve yourself and your business you need to be willing to put in as much work as it takes to continually improve both yourself and your business. These are words that Elite Consulting Partners CEO Frank LaRosa lives by and puts into action for himself daily through specific strategies and techniques which allow him to constantly excel while striving to reach his next goal. In this episode, Frank shares those insights and emphasizes the importance of constantly evaluating your business and personal actions to achieve ultimate alignment with your vision of success.
 

Learn directly from Frank how to:

• apply block scheduling strategies to maximize your work output and minimize your stress.
• use mindset techniques to keep you at the top of your game and avoid burnout.
• employ goal setting and tracking to optimize your strategies for achievement.
• surround yourself with a team of individuals who will constantly push you to achieve that next level.

Personal leadership generates business leadership. The past isn't right or wrong as long as you use it as an opportunity to recalibrate and give your business - and your life - the upgrade it deserves. It's time to engage and challenge yourself to push the limits of improvement in order to make your goals reality!

Communicating with clients successfully is a business fundamental for every financial advisor, but very few advisors get it right - putting them at risk for having existing clients lured away and the funnel of new prospects drying up. In this episode, Stop complaining and get to work is the challenge Elite Consulting Partners CEO Frank LaRosa makes as he outlines the key communication strategies that work to engage new clients and retain existing ones while simultaneously forging the much necessary advisor-client bond. 
 

Learn  how to:

• use social media and other digital communication to connect with prospects as an individual.
• develop unique content so that you stand out from the rest of the pack.
• handle the communications constraints prevalent at many wirehouse and other W-2 firms.
• maximize the scale of your client communications through strategic use of available technologies.

The fact is, when it comes to client communications the power is in the hands of the advisor. It's time to move past the excuses on why client communication isn't working and use the knowledge Frank shares in this episode to put in place the communications strategies that will get you noticed. 

Financial services as an industry has traditionally approached a crisis situation as an opportunity for re-evaluation. That is certainly the case now as many large firms are floating the idea of using virtual technology as a communications efficiency and cost-cutting measure. Not so fast, says Elite Consulting Partners CEO Frank LaRosa who discusses the pitfalls of a tech-only approach with his COO Dale Dempsey. While virtual technology is certainly a tool to use to enhance communication, it is not a replacement for the importance of in-person meetings in solidifying the advisor-client relationship.

As financial advisors head back to the office after 3 months of work from home restrictions, many are struggling with the internal question of whether a W-2 position or the prospect of independence is right for them. Somewhere between the idea of independence and actually making the leap lies the truth every advisor must confront - do they have the entrepreneurial mindset and work habits that will make a move to independence successful for them? There is no wrong answer to that question, as Elite Consulting Partners CEO Frank LaRosa discusses with COO Dale Dempsey in a conversation which takes the temperature of the financial services industry as a whole and gives guidance on how advisors can evaluate the next right move for themselves and their practice. 

Elite Consulting Partners CEO Frank LaRosa is joined by Ben Newman, Mental Conditioning Coach for University of Alabama Football, in a hard-hitting conversation that cuts through the clutter and challenges advisors to action through focused and intentional daily rituals and behaviors that counteract self-sabotage, achieve top-tier performance levels, and generate consistent results that matter.

Elite Consulting Partners CEO Frank LaRosa leads a deep-dive conversation with Mooney Lyons Managing Partner Joe Lyons about the proactive business strategies, specific operational practices, and inspired technology and marketing techniques necessary in financial services today in order to achieve scaleable growth and maximum results for both firms and clients alike.

Drawing on his personal take-aways from the popular ESPN series "The Last Dance", Elite Consulting Partners CEO Frank LaRosa applies those lessons to financial services and gives guidance on mind-set triggers and the competitive communication skills an advisor needs to use now in order to step up their business game and win at the next level.

The current crisis is having significant impact on the viability of smaller firms - a hard truth which Elite Consulting Partners CEO Frank LaRosa discusses in this episode while offering his informed guidance to both firms and their advisors on how to take control, do your due diligence, and chart the best course for the future.