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A Tale of Two Asset Managers
In response to last week's post, "Why Your Practice Valuation Isn't Comparable to an Asset Manager's," Suhas, a reader from Maharashtra wrote, "Amar, you have mentioned in your pos ....Read More
December 17, 2024 | 5 Minute Read
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Why Your Practice Valuation Isn’t Comparable to an Asset Manager’s?
Valuing a wealth practice is a nuanced and complex process. But one of the most common misconceptions among many distributors is this: “If an asset manager is valued at 4-5% of t ....Read More
December 10, 2024 | 5 Minute Read
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People Fire Advisors, Not Friends
I love a powerful line that Nick Murray shared “People fire their financial advisors all the time. People rarely fire their friends.” This truth stings but offers profound wisd ....Read More
December 3, 2024 | 5 Minute Read
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How Close Are You (Really) to Your Clients?
As a financial professional, it’s easy to get lost in the numbers. In the performance reports, the spreadsheets, the market updates. But true success in this field isn’t just a ....Read More
November 12, 2024 | 5 Minute Read
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When Clients Try to Prescribe the Medicine
In the work you do, one of the most challenging dynamics is when clients attempt to dictate investment decisions. It’s an experience that most financial professionals are familia ....Read More
October 15, 2024 | 7 Minute Read