Creating a Team of Associate Advisors to Drive Growth

The Elite Wealth Advisor Flywheel - Version 2.0

There’s an interesting transition of leadership occurring in our industry as a result of changing demographics in the business. This changing of the guards so to speak, creates an unusual arbitrage opportunity that are allowing some entrepreneurial Advisors to create incredibly large AUM businesses without the stress of the traditional growing pains. All while the overall industry continues to be highly obsessed with traditional marketing approaches.

Building in the new world requires some outside of the box thinking, in this edition, we’ll explore a new fascinating team approach that some elite Advisors are pursuing that allows them to grow fast, while maintaining -

• remarkable client experiences,

• high quality service levels,

• noticeably better return on investment in their practice and

• tremendous flexibility to scale well beyond traditional approaches

Creating a Team of Associate Advisors ⛭

A clear distinction in these practices is that the Lead Advisor operates like a CEO, and hires e…