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Posted by FP Transitions on July 20, 2020
Don't Forget to Take a Vacation!
I recently checked in on a client and she mentioned that she had to remind her staff to take vacation. As a small business owner, she wears many hats including H.R. As she processed payroll week after week she noticed her staff wasn’t requesting...
Posted by FP Transitions on July 16, 2020
The Four Greatest Opportunities for Financial Advisors
Today’s Independent financial advisors face an endless array of challenges and opportunities. Identifying challenges before they arise is key for finding solutions and developing strategies for tackling the issues that present the greatest...
Posted by FP Transitions on June 10, 2020
Preparing for Success in the M&A Arena : Pre-Qualifying for Bank Financing
Acquiring a wealth management practice brings immediate growth and is an alternative to spending money and time on marketing to find new clients. That’s why there is currently an average 75-to-1 buyer-to-seller ratio. If you’re going to succeed in...
Posted by Mike McKennon on May 28, 2020
Monitoring the Health of Your Business with Annual Checkups
Completing an annual valuation on your business is the financial service industry equivalent of undergoing your annual physical. I’ll turn 55 this year and I have resigned myself to the fact that prescription medications have officially become...
Posted by FP Transitions on May 22, 2020
My First Virtual Conference!
I had been looking forward to attending the Investment News Women Advisor Summit, but when an in-person event was no longer an option I was excited when Investment News did the ultimate pivot and changed their all-day onsite Summit to a virtual...
Posted by FP Transitions on May 6, 2020
Synthetic Equity
Synthetic equity may be the right solution to solve a host of long-term employee issues. It is used to retain, motivate and reward employees when traditional compensation programs are not enough, staff are not yet ready to be partners or...
Posted by FP Transitions on April 30, 2020
Offers in the Mail
For many financial advisors, it has become commonplace to receive unsolicited offers in the mail. The offers to buy practices usually promise a competitive valuation and purchase price, great terms and future opportunities, and are backed by...
![Virtual Meetings : Looking Your Best [Video]](https://www.fptransitions.com/hs-fs/hubfs/Blogs/Virtual%20Meetings%20Looking%20Your%20Best/virtual-meetings-looking-your-best-social2.jpg?width=458&height=280&name=virtual-meetings-looking-your-best-social2.jpg)
Posted by FP Transitions on April 13, 2020
Virtual Meetings : Looking Your Best [Video]
Virtual meetings are becoming the new normal. Taking a few moments to arrange your visible workspace, leverage what have at home to improve lighting, and frame yourself onscreen can do wonders for looking your best through virtual communications....
Posted by Marcus Hagood on April 1, 2020
Controlling What You Can, Learning From What You Can’t
“Instead of focusing on the circumstances that you cannot change—focus strongly and powerfully on the circumstances that you can.” –Joy Page
One of my favorite movies of all time is Casablanca. This 1942 American romantic drama is revered for its...
Posted by FP Transitions on March 26, 2020
News Roundup: Business Preparedness and Compliance
The last thing any business owner and professional needs is to deal with more ambiguity and uncertainty than the global situation has already dealt us. In our highly regulated industry, many advisors are asking questions about how to keep their...
Posted by Lisa Cordial and Mike McKennon on March 26, 2020
Continuity Now : Don't Leave Your Business Unprotected
Ongoing developments with COVID-19 have prompted a number of advisors to contact us and make sure their death and disability continuity plans are up to date. It’s worth noting that only about 30% of advisors have any type of formal, written death...
Posted by FP Transitions on March 25, 2020
News Roundup: Communicating with Clients During a Crisis
Many things are up in the air right now, and we’re all experiencing major changes to the way we live our lives. It’s no wonder that investors—and advisors—are wondering the best course of action as markets fluctuate and many businesses can’t...