Sometimes advisors make the mistake of falling in love with a new firm without checking out critical details. The boring stuff. Don't make that mistake. In this column for ThinkAdvisor, I share three key steps designed to help you figure out how to make the right choices for your happiness and success.
Meanwhile, in wirehouse land, here we go again. Three of the four major wirehouses have renounced sky-high recruiting packages. We've seen this story before and it always ends the same way. Read my OpEd column from
On Wall Street to find out why these tantrums always burn themselves out.
As always, feel free to forward this newsletter and let me know what's on your mind.
Advisor deals: It's complicated
Competition remains keen for advisors among regional firms and independents. The market remains firm in 2017 -- and we are maintaining our outlook of three out of five suns. Warm but not hot. The wirehouse world is getting a little more complicated: Three of the four major firms are aiming almost exclusively for advisors with $1 million or more in assets. The fourth sees an opportunity and has turbo charged its deals. This is a time of flux for and deals are getting tweaked. Contact me for details.
The Elzweig Deal Countdown Timer
Ever wondered how many years, months, days, hours and seconds are left on your deal? You don't need to wonder anymore. Introducing, the Elzweig Deal Countdown Timer. Just put in your start date and end date, and the timer will tell you precisely how much time is left on your contract.
Click here to download this handy widget to your desktop.
Thinking of Selling Your Practice?
Thinking of selling your practice?
Jazz bassist Alex Blake performs al fresco
We can help you put together a customized succession planning program that meets your needs. Read more here.
Summer is a time for kicking back and enjoying outdoor music, reading, and hitting the re-fresh button.