Insights

MDL Wealth represents the eighth team to join Journey since its inception and establishes its presence in the Tampa area.Click here to read the full article

MDL Wealth, led by founder Michael LaBarbera, has joined Journey's Form 1099 affiliation model.Click here to read the full article

Journey adds advisory team led by Michael LaBarbera and launches new Tampa office.Click here to read the full article

RISR, which launched in January, is designed to give advisors actionable insights on their business owner clients. Click here to read the full article

More than half of all independent financial advisors say they would cut ties with their affiliated brokerages if the only other alternative under a proposed federal rule is to become a direct employee. So suggests a study released on Jan. 18 by the Financial Services Institute, an industry group and lobby representing roughly 160,000 advisors and 85 financial services firms. The report warns that a Department of Labor rule proposed on Oct. 11 to prevent abuses of independent contractors could not only drive large numbers of advisors to end their affiliation with larger brokerages but also give them further incentives to work exclusively with well-to-do clients. Click here to read the full article.

As an advisor, it’s easy to get distracted by noise in our industry. Every day you are inundated by hundreds of articles, blogs and webinars telling you what you have to do in order to build a successful business. What this advice often fails to include is the disclaimer that what works for one advisor may not necessarily work for you. There are many different ways to build a practice today and just because one strategy seems to be trending right now in our industry, doesn’t mean it requires your focus this year. Click here to read the full article.

Onboarding these diverse advisory teams enables Journey to reach a 50/50 split of men and women at the firm less than two years into its founding. JSW, a nationwide advisory firm with a mission to redefine what it means to be “independent” in the financial advice industry, today announced the addition of three new advisory teams led by Mark Newfield, CFP®, RICP, Laurie Adams, and Kathleen Barlow, CDFA, totaling $210 million in new assets under management (AUM).

Journey Strategic Wealth, the registered investment advisor partnership launched last year, has recruited three advisory teams, adding $210 million in assets to its platform. JSW, founded in January 2021 by financial advisors and former Dynasty Financial Partners executives Michael Brown and Brian Flynn, along with practice management coach Penny Phillips, has brought in five advisors and four new teams so far this year, bringing its total assets to $2.65 billion.

Journey Strategic Wealth, the registered investment advisor partnership launched last year, has recruited three advisory teams, adding $210 million in assets to its platform. JSW, founded in January 2021 by financial advisors and former Dynasty Financial Partners executives Michael Brown and Brian Flynn, along with practice management coach Penny Phillips, has brought in five advisors and four new teams so far this year, bringing its total assets to $2.65 billion.