RIA+

Talent as a Driver of Strategic Growth: Charlie Rocco of Moneco Advisors

May 31, 2024

Charlie Rocco, Managing Partner at Moneco Advisors, discusses how the firm focuses on developing NextGen talent to drive growth and client experience. He shares insights on human capital strategy, partnership approaches, and the competitive talent landscape in the RIA industry.

36:10

Episode guests

Charlie Rocco

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Strategic growth in an RIA is directly linked to talent recruitment and development.

Moneco Advisors differentiates itself by emphasizing NextGen talent development for ongoing growth.

Deep dives

Charlie Rocco's Journey into Wealth Management

Charlie Rocco, managing partner at Monaco Advisors, shares his journey into wealth management, influenced by his father's career as a financial advisor. Despite early skepticism, Charlie's exposure to financial education and experiences in sports management led him to embrace the blend of analytical problem-solving and interpersonal skills in wealth management, eventually leading him to acquire his father's practice and establish Monaco Advisors in 2018.

Introduction

2min

A Journey from Family Background to Wealth Management Career

4min

Reflections on Early Sports Internship and Transition to Wealth Management

2min

Evolution and Differentiation Strategy of Monaco Advisors

4min

Fostering Growth and Talent at Monaco Advisors

21min

Navigating the Competitive Landscape of Talent Acquisition in the RA Industry

3min

There's often a direct correlation between an RIA's growth and its approach to talent recruitment, development and advancement. There's no better example of this than Moneco Advisors, which joined Emigrant as a Partner Firm in mid-2023 and has seen some impressive accelerated growth rates over the last year.

Charlie Rocco, Managing Partner at Moneco, joined this episode of RIA+ to share how he and his leadership team have hard-wired Moneco to ensure everyone is focused on growth and client experience – while also making sure that the firm is continuously adding and developing NextGen talent to support and drive its ongoing growth. This emphasis on NextGen talent is a key differentiator for Moneco, and Charlie shares more on Moneco’s human capital strategy, how it approaches a path to partnership and how he sees the competition for talent in the RIA industry shaking out over the next several years.

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RIA+

Talent as a Driver of Strategic Growth: Charlie Rocco of Moneco Advisors

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Charlie Rocco's Journey into Wealth Management

Monaco's Unique Value Proposition and Client Approach

Fostering Next-Generation Talent Growth and Succession Planning at Monaco

Scaling Leadership and Operations for Sustainable Growth

Remember Everything You Learn from Podcasts