You can’t do everything For most advisers the part of the job they love best is giving great advice to clients. However, as the business grows and becomes more successful they can find themselves doing less and less advice and more ‘management stuff.’ The end result is a mass of …
The staff is out there One of the benefits of modern business is being able to access high-quality outsourced support. In our very own profession the rise of outsourced paraplanning and administration services is revolutionising the way many businesses operate. For small one-person owner-operated businesses, these services give them the …
Hire purpose “Hiring more advisers is not part of our plan,” or “I’ll never hire another adviser ever again.” I’ve heard a variation of these lines from almost every firm I’ve ever worked with. Why? They’ve been burnt before; sometimes badly. They’ve hired someone who didn’t share their core values …
The war for talent Finding great team members is often referred to as the war for talent and with good reason. Have you tried hiring a paraplanner lately? Not only are you competing against market forces (as there aren’t enough of them), but the outsourced paraplanning firms are growing and …
The self-employed adviser question In my time consulting with businesses across the UK and Ireland I’ve worked with hundreds of different firms. Some made up of employed advisers and some with advisers who are self-employed. Which works better? My experience has been that firms with self-employed advisers tend to do …