Its a good time to be a successful wirehouse financial advisor. Your clients are happy because theyve reaped the benefits of a sustained bull market. There are few new advisors being trained, so your established practice is in high demand. And there are more choices than ever to give your shareholders the best possible return on your sweat equity.
Yes, I know employee financial advisors dont have shareholders per se. But I suggest to the advisors I talk to every day that they are the CEOs of their own practices, each a unique profit center within a corporation that is measured and valued daily. And each advisors shareholders are the families that have a stake in the relative success or failure of that advisors enterprise.
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