More than 50 percent of financial advisors are 50+ - and eligible for their AARP membership! Those 50 and over are also likely to have retirement on their mind. We ask our clients all the time: what does life look like in retirement? Maybe you’re finally taking those bucket-list trips. Perhaps you’re cruising or volunteering [...]
At Terrana Group, we are proud to call ourselves the longest-tenured financial advisor recruiter in the industry. After over thirty years of recruiting and consulting, we’ve learned a thing or two about match-making between high-performing financial advisors and the perfect place for them to grow and thrive. Your clients come to you for your expertise [...]
It’s no secret that we are living in uncertain and unpredictable times, and financial advisors are no exception. Markets remain difficult to navigate, investments are more volatile, and advisors face stiff competition from online tools and financial firms of all sizes. However, the current market, for all its challenges, also presents a number of unique [...]
Financial advisors have never had a greater wealth of opportunities when it comes to pursuing an independent career path. From the wider availability of technological platforms that allow even the smallest independent brokerage to compete with the largest wirehouse, to cultural shifts that have allowed advisors to expand their client base, to supported independence models [...]
The new year can be an exciting time for financial advisors. New opportunities are abundant as advisors make moves, and as an advisor, it’s a great time to make some resolutions that will carry you forward in your career. For advisors considering independence in 2023, January is a great time to step back, take stock, [...]
Experienced financial advisors know that the only constant in our business is change. At Terrana Group, our focus is on being your agent of change. We know that a financial advisor’s success is largely — if not exclusively — determined by the partners they choose, and we take our partnership with all of our clients [...]
The holidays are here, and the end of 2022 is coming up fast. The end of the year is a fantastic opportunity for financial advisors to take a step back and reflect — on the year that has passed, on goals for the future, and on the ever-changing world in which advisors find themselves. It’s [...]
Veteran advisors can find themselves confronting a dizzying array of options when it comes to breaking away from the restrictive management and structure of the wirehouse and pursuing an independent path. Registered Investment Advisor (RIA) firms have experienced impressive recent growth as savvy investors seek out fiduciary advisors with an obligation to put clients’ interests [...]
For wirehouse advisors contemplating a move away from the wirehouse, the idea of successfully navigating a transition can be intimidating. After all, it’s one thing to understand that a move might best fit your business plan, or might offer you the freedom to run your practice in a way that better suits your business and [...]
For advisors who have decided to forge an independent path and break away from the wirehouse, understanding how to navigate a smooth transition is critical. A strong transition plan can help independent advisors to maximize client retention, ensure compliance with all applicable ethical standards, and guarantee that your new business hits the ground running. But [...]
