Something To Consider

It’s tough to know what the best-managed firms are doing.

That’s where our Wellness Check comes in.

Here’s the bottom line: Until you get have time to continually educate yourself and can research about how advisors at the top are getting ahead, you could be stuck where you are forever.

And to be honest, comparisons aren’t easy to make. You can’t very well run a solo advisory firm for opticians in the Midwest and compare yourself to a wire house firm of thousands of advisors with a marketing budget greater than Apple’s that’s serving clients all over the world.

You need real apples to apples data that tells you how top-performing advisory firms of your firm are:

  • Structured
  • Staffed
  • Operating
  • Building
  • Growing

Then, it’s time to do a little looky-loo in the mirror at your own firm and see where the discrepancies lay.

Of course, this isn’t always easy through the subjective lens of, well, yourself!

Sometimes, not even the numbers can convince us there is a leak, even though our shoes are sopping wet from the drainage.

It takes an expert eye—an OBJECTIVE expert eye—to be able to spot these cracks and be real with you about where action needs to be taken to plug the leak(s)!

I’m going to be brutally honest with you (this is one of my strong suits), change isn’t hard for everyone. Some people are great at pivoting from one way of doing things to the next…UNTIL it comes to those really tough decisions that make you feel queasy (like hiring, firing, or updating someone’s compensation up or down).

That’s when change is tough—when it’s not the change you want to have to make.

But, at the end of the day, it’s these changes that are going to elevate your firm.

Think of your firm as a raft bogged down by bricks. Each change takes one brick off the raft so it’s that much closer to resurfacing, floating, and being purposeful again.

But if you don’t have the guts to ditch the bricks, you’re going to keep sinking.

Need help identifying these bricks and working up the guts to ditch them? Let us help.

With our Wellness Check, we take a deep dive look at your firm and identify what’s holding you back so that you can allocate the time and funds to make the changes with the most impact.

Change is tough, but sinking is worse. It doesn’t have to be this hard.