Unbiased, fair and objective guidance
Private Wealth… we are independent and untethered to a firm that is compromised by proprietary interests or a lack of transparency.
Equally important, we’re not an academic think tank. Our expertise is rooted in actual “in-the-trench” leadership. We have launched broker dealers and re-engineered firms from the ground-up across the nation.
Financial Institutions
We deliver guidance and consultation across the spectrum of financial institutions, independent RIAs or broker dealers, and other financial aggregators. Below is an example of our engagements:
- Understanding and measuring the value of a formal versus informal referral program
- Banks or credit unions looking to introduce or re-engineer a wealth management initiative
- Comprehensive, low-cost recruiting model for financial institutions and other financial providers
- Financial institution execs seeking integration across retail or private banking, commercial banking and mortgage.
Our approach is not based on a template – but rather developing a unique, customized plan to drive differentiation in the local community.
Scope of Engagement
Whether you’re a financial institution exec looking to launch a wealth initiative or re-engineer an existing program, we provide several paths of engagement. From consulting arrangements to securing a broker dealer or RIA affiliation, we lend a curated approach to provide value-added research or customization to differentiate the financial institution in its marketplace:
For financial institutions looking to launch a wealth initiative, evaluate existing program metrics, or replace a program administration partner, we provide guidance in the following areas:
- Turnkey program management
- Regulatory, supervisory & administrative program support
- Recruiting of leadership, advisors or credentialed professionals
- Program profitability, establishment of metrics, and compensation plan analysis
- Specialized support to aid in evaluation of organic or strategic expansion initiatives
- From RFP process through final contracting, we oversee the process to throughout the analysis and decision process
As well, we are available for short term research initiatives as a foundation for elevating your program, pivoting to define a different strategic direction or identification of competent industry partners.
Professional Practice Administration
For professional practices – CPAs or attorneys – we provide consultative guidance and revenue-sharing arrangements for firms that seek to introduce their clients to financial planning, life insurance, managed account, and alternative investing strategies.
“Exit Planning” for Business Owners
Community banks view commercial banking as a cornerstone to their strategic growth. Unlike national or regional competitors, community banks strive to differentiate a unique identity by capitalizing on local decision making, community involvement and seizing upon strategic opportunities to create NII.
We train commercial banking teams the importance of succession planning for business owners whether their niche lies in manufacturing, services, even ag businesses. We work with commercial bankers to develop a proficiency related a “Four Cornered Approach” to build competency with commercial, business, and private bankers.