Even if you aren’t ready to put your book of business up for sale, you should have a solid understanding of your business’s worth. Knowing your value from the outset helps you lay the groundwork for a successful retirement while unlocking opportunities for growth and expansion along the way.
Clients are increasingly seeking access to investment strategies that leverage these technologies for better risk management and more personalized service. However, many advisors are unsure how to begin incorporating AI-driven models into their practices.
Whether working with a broker dealer or as an RIA, many advisors operate within small practices, which allows advisors to serve clients to the best of their ability, but also presents unique challenges.
"This is a great outcome for Envestnet's clients and employees, and one that maintains its entrepreneurial spirit," said co-founder and outgoing CEO Bill Crager. "I couldn't be more excited about the company going forward."
Dynasty’s Supported Independence Model offers advisors the freedom to do what they believe is best for their clients, while providing the resources and support to grow their firms both organically and inorganically.
Existing partners Allspring Global Investments, Dana Investment Advisors, Lord, Abbett & Co., Nuveen Asset Management, Ocean Park Asset Management, and SMArtX Advisory Solutions have introduced new strategies.
Once the solution is set up, you face potential challenges with data migration and team resistance. And, of course, if the implementation goes sideways at any point, it may harm your client experience.
