Show notes
In this episode, Jeff and Lou discuss:
- Catalysts and benefits of independence.
- Dispelling the myths of leaving a wirehouse.
- Financial engineering and creating enterprise value.
- Making the shift from advisor to executive.
Key Takeaways:
- You can do nearly anything independently that you can do within a wirehouse.
- You rarely, if ever, see advisors who leave the wirehouse to go independent return to the wirehouse.
- There is a cost of complacency for staying where you’re at versus making the decision to explore other opportunities.
- Recruiting and M&A to grow your practice don’t happen on their own, they take effort and responsibility to grow your business.
"As people think about creating value, it's not only this financial engineering, which is critically important, but it's having something that can continue beyond a founder." — Jeff Concepcion
Connect with Lou Camacho:
Twitter:https://twitter.com/loucamachoswa
Website: https://www.stratoswealthpartners.com
LinkedIn:https://www.linkedin.com/in/loucamacho
Connect with Jeffrey Concepcion:
Website: https://www.stratoswealthpartners.com
Contact: https://www.stratoswealthpartners.com/contact
Twitter: https://twitter.com/Stratos_Wealth