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

89 ratings


More shows like Advisor Talk with Frank LaRosa

View all
Founders by David Senra

Founders

2,111 Listeners

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

The Diamond Podcast for Financial Advisors

102 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,034 Listeners

Small Business Tax Savings Podcast by Mike Jesowshek, CPA

Small Business Tax Savings Podcast

253 Listeners

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

The Perfect RIA

454 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,118 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

247 Listeners

My First Million by Hubspot Media

My First Million

2,647 Listeners

The Tony Sirianni Podcast by Tony Sirianni

The Tony Sirianni Podcast

8 Listeners

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

All-In with Chamath, Jason, Sacks & Friedberg

9,852 Listeners

Barron's Streetwise by Barron's

Barron's Streetwise

1,553 Listeners

Barron's Advisor by Barron's Advisor

Barron's Advisor

107 Listeners

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

The Efficient Advisor: Tactical Business Advice for Financial Planners

130 Listeners

The Morgan Housel Podcast by Morgan Housel

The Morgan Housel Podcast

1,031 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

503 Listeners