Insights

Watch the Replay of Holistiplan's 2023 Tax Planning Summit over 3,400 advisors attended!

Future Proof Digital was thrilled to feature Michael Kitces, Penny Phillips, and Josh Brown for a discussion of all things advisor-related! We covered a variety of topics in a compelling discussion including referrals, capacity, marketing, and technology – some of which they agreed on, and some of which they didn’t.

The financial advisory industry is transforming significantly as advisors increasingly recognize their enterprise value. As a result, many advisors are seeking greater independence by moving away from captive organizations and building their own RIA firms. This shift towards independence allows advisors to align their business with their client's needs, leverage innovative technologies, and gain greater control over their operations.    

As advisors scale and grow their business, they constantly have to toggle between strategic, big picture thinking and tactical doing.    

Three tried-and-true best practices to get more clients.    

Advisorpedia interviewed Penny Phillips, Co-founder & President of Journey Strategic Wealth, at the Riskalyze Fearless Investing Conference in October 2022.

As conference season comes to a close, avoid paralysis by analysis by taking concrete action on marketing your practice.

A Huge New Hybrid RIA Emerges, Women-Led Firms Conduct Strategic M&A And Three Big Firms Make Executive Promotions From Within. Journey Strategic Wealth Brings On Three Advisory Teams With $210 Million In Assets. Woman-led Journey Strategic Wealth (JSW) is adding three teams with six advisors, representing a combined $210 million in new AUM for the boutique financial advisory firm. Richmond, Virginia-based Mark Newfield, Seattle-based Laurie Adams and traveling advisor Kathleen Barlow bring their practices to JSW, which itself has offices in Summit, New Jersey, and Alamo, California. Newfield’s team also includes advisor Angela Lessor, financial planner Melissa Clark and operations leader Danielle Handshaw.

While financial advisors face serious business challenges, these tough issues also serve as opportunities for them to reshape their firms and the industry, according to several RIA leaders who spoke Monday during a panel discussion at the Future Proof conference in Huntington Beach, California.