Advisor Talk with Frank LaRosa

Wirehouse Wave - Why W2 to W2 Moves Are Increasing


Listen Later

There is a lot of activity as of late when it comes to advisors moving from wirehouse to wirehouse. In fact, it is a trend Elite Consulting Partners CEO Frank LaRosa predicted three years ago in an episode of The Advisor Talk with Frank LaRosa podcast.

Why advisor moves between wirehouses are gaining momentum, what impacts this will have on the industry, and how advisors can capitalize on the opportunity are all topics covered by Frank and his COO Dale Dempsey, in a conversation that digs past the surface to get to the core of the W2 to W2 transition trend.

Take-aways from the conversation include:

*the importance of wirehouses recruiting talent as the most efficient strategy for increasing overall AUM.

*why it is financially advantageous for advisors to use transition opportunities to recapitalize themselves throughout their careers.

*what questions an advisor needs to answer to evaluate whether making a move is the right decision.

*how a dual-monetization strategy can maximize and advisor's succession payout when moving between wirehouses.

*protocol vs. non-protocol predictions for the years to come.

There has never been a better time for an advisor to consider their transition opportunities. This holds true whether an advisor is considering a move to independence or from W2 to W2. The key is to learn what options are available, what the potential upside of those options are, and then deciding to act. It's time to make a move.

...more
View all episodesView all episodes
Download on the App Store

Advisor Talk with Frank LaRosaBy Elite Consulting Partners

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

92 ratings


More shows like Advisor Talk with Frank LaRosa

View all
Founders by David Senra

Founders

1,828 Listeners

The Diamond Podcast for Financial Advisors by Mindy Diamond Financial Advisor Recruiter and Consultant

The Diamond Podcast for Financial Advisors

100 Listeners

The Perfect RIA by Matthew Jarvis, CFP® & Micah Shilanski, CFP®

The Perfect RIA

458 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,039 Listeners

Down the Middle by Peter Mallouk & Jonathan Clements

Down the Middle

141 Listeners

Kitces and Carl - Real Talk for Real Financial Advisors by Michael Kitces, MSFS, MTAX, CFP and Carl Richards, CFP

Kitces and Carl - Real Talk for Real Financial Advisors

233 Listeners

The Tony Sirianni Podcast by Tony Sirianni

The Tony Sirianni Podcast

5 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

8,747 Listeners

Barron's Advisor by Barron's Advisor

Barron's Advisor

106 Listeners

Quantum Growth for Financial Advisors by Jonathan Kuttin

Quantum Growth for Financial Advisors

38 Listeners

AdvisorTrends - The 3xEquity Podcast by 3xEquity

AdvisorTrends - The 3xEquity Podcast

0 Listeners

RiskReversal Pod by RiskReversal Media

RiskReversal Pod

789 Listeners

The Efficient Advisor: Tactical Business Advice for Financial Planners by Libby Greiwe

The Efficient Advisor: Tactical Business Advice for Financial Planners

113 Listeners

Firm Transitions with Corey Walen by Corey Walen

Firm Transitions with Corey Walen

9 Listeners

Behind The Breakaway by Uptick Partners

Behind The Breakaway

4 Listeners