Show notes
In this episode, Jeff and Gil discuss:
- Succession planning and partnering.
- Transitioning your business at the right time.
- Building your business and referring the work that doesn’t fit your model.
- Running your own business versus working in a larger brokerage firm.
Key Takeaways:
- Doing what’s right morally for the right reasons will often work out in the end.
- The evolution of technology has changed the game for the financial world.
- Leverage your staff in a way that allows you to show up and perform in the role that you feel is your greatest strength.
- Brokers who are comfortable in their cocoons at the wirehouses have no idea of how big the numbers are when it comes to going out on their own.
"I really never appreciated the relief that I would have, from meeting a prospect and caring less about how I was gonna get paid. It is such a relief to me to not have to figure out how I'm going to fit a square peg into a round hole, and I think the clients receive it better, because they understand that they are not the square peg in my round hole." — Gil Baumgarten
Connect with Gil Baumgarten:
Website: https://gilbaumgarten.com/
Website: https://segmentwm.com/
Book: https://gilbaumgarten.com/book/
Connect with Jeffrey Concepcion:
Website: https://www.stratoswealthpartners.com
Contact: https://www.stratoswealthpartners.com/contact
Twitter: https://twitter.com/Stratos_Wealth