
Activating Plan B: Wirehouse Breakaways Build a Legacy Family Wealth Office
The Diamond Podcast for Financial Advisors
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Navigating Wealth Management Transitions
This chapter explores the complexities of selecting a firm to manage family wealth while prioritizing client relationships and legacy building. The discussion highlights the transition from large financial institutions to establishing independent Registered Investment Advisors (RIAs), emphasizing the significance of control and tailored client services. Emotional and practical aspects of client retention during these transitions are also examined, showcasing strategies for fostering successful relationships in evolving business landscapes.
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