To assist practices monitor, measure, defend and develop their enterprise, FP Transitions gives a valuation pushed by personalized benchmarks towards 50 to 60 key efficiency indicators. The top result’s enabling wealth managers to attain their targets for mergers and acquisitions, enterprise growth, valuation and progress.
On this episode, Shannon Rosic, director of WealthStack Content material and Options, speaks with Scott Leak, director of enterprise growth at FP Transitions, on the way to distill all the info they supply and to make it actionable on the agency degree.
Shannon and Scott talk about:
- What sort of knowledge ought to advisors be particularly in the case of main choices or transitions
- The significance of superior planning
- Examples of advisors who’ve taken motion with their knowledge and the tip outcomes
- How FP Transitions takes a distinct strategy to benchmarking
Join with Shannon Rosic:
Join with Visitor:
About Our Visitor:
Scott began at TD Ameritrade simply earlier than the flip of the century and spent the final decade serving to them construct their Advisor Providers division. He was one of many first staff devoted to launch that effort, and he helped them scale all the way in which up. In reality, Scott was so devoted to serving advisors to the most effective of his skill that he earned his CFP® designation in 2010, serving to him achieve a deeper understanding the distinctive challenges advisors face.
Whereas at TD Ameritrade, Scott wore a wide range of hats. For instance, he spent a decade serving as their Director of Gross sales and Relationship Administration and led a nationwide staff supporting rising registered funding advisor (RIA) practices. Previous to his management roles, he was additionally named as his staff’s salesperson of the 12 months 3 times, which attributes to his consultive strategy together with his advisors.
What drives Scott is the chance to take a seat throughout the desk from the companions of an advisory apply, serving to them form —after which obtain —the imaginative and prescient for his or her enterprise. Scott says, “I need to do what I can to raise the general public understanding of, and belief in, the impartial mannequin.” He believes that serving to advisors create enduring, transferable companies performs an enormous position in that effort.
Scott selected to hitch FP Transitions as a result of he sees us as a pioneer in supporting impartial advisors. As a Senior Guide right here, he can faucet into his intensive experience to assist advisors develop and defend their enterprise. He sees specific worth in leveraging our Fairness Administration Options™ to assist advisors examine their apply valuations to business friends and to establish alternatives to maximise that valuation.
Scott can also be a seasoned and proficient golfer who has performed within the Nebraska Mid-Newbie Golf Championship twice. If you happen to want suggestions for a dinner pairing, ask Scott. He’s earned the Stage 1 and Stage 2 awards in wines from the Wine & Spirit Training Belief (WSET).