"The Great Arb" in Wealth Management.
This is an under-utilized strategy and let’s face it, there are thousands of Advisors within close proximity to you, instead of tirelessly competing with them, consider the power of collaboration.
Most Advisors don’t see the point in networking with other Advisors from competing firms.
However, some have inadvertently built a network of Advisors around them as a result of their social activities outside of work i.e. after work drinks, country club membership, Rotary Club participation, non-profit and charitable work, or other forms of voluntary, …