SAY GOODBYE TO RED TAPE
You deserve the support and resources necessary to spend the majority of your time with clients, and we’re here to provide them to you.
Here’s how our platform helps advisors build, grow, and manage their practices.
THE JOURNEY PLATFORM
Our practice was built to ensure that you have minimal service and operations responsibilities. By managing your operations, we create capacity for you to bring in new business and deepen relationships with existing clients.
Operations
Our model was built to ensure that advisors have minimal service and operations responsibilities. By managing a practices’ operations, we create capacity for the advisor to bring in new business and deepen relationships with existing clients.
Wealth Management
We’re committed to helping advisors deliver on every aspect of the wealth management experience, including financial planning, investment management, risk management, etc. Our tools and resources enable advisors to seamlessly serve clients end to end.
Investment Management
Our platform allows advisors to streamline their investment management approach and leverage our team for all back-office functions. We believe in strategic asset allocation and utilizing both active and passive products to take advantage of inefficiencies in the market.
Practice Management
Practice management is at the core of what we do. We do not want advisors wasting time reinventing the wheel around processes and systems. And we want advisors to feel supported in the professional development of team members.
Client Experience
Our support model allows us to curate customized experiences for clients. We work with vendors to “surprise and delight” clients with unique gifts, topical content and personalized tokens of appreciation. Our client portal, CRM and marketing platforms work in sync to ensure we are engaging with clients at critical moments.
Culture
We are committed to evolving the industry so every client and every advisor has the same access to professional growth and financial advice. We have no tolerance for discrimination, racism, or prejudice of any kind and give each of our advisor partners a seat at the same table.
OUR PROCESS:
PEOPLE FIRST, BUSINESS SECOND.
ALIGN
A successful partnership starts with values. Do yours and ours align? Every advisor transition we explore begins with transparent and direct conversations about what you want for your life and career.
PROPOSE
Our next step is to give you a comprehensive proposal—one that includes our findings, suggestions, and insights for how we’ll support you, your clients and team, and your business growth going forward.
TRANSITION
Ready to accept the proposal and get started? We’ll visit with you to find space where you’ll love to work, and set you up with our transition specialists to help you navigate the next several months as you move to our platform.
LAUNCH
Your onboarding is not a one-time event; working with Journey is a continual process of growth and improvement as you build a profitable and enjoyable practice. Yes, you’ll own your business. But you will never be alone.
FAQ
HOW DO I KNOW IF WE’RE A GOOD FIT?
We have an extensive and thorough fact-finding process, across both practice and financial analysis, that we undertake first. We’ll produce an in-depth report that lays out your current team and practice, and what the business would look like after partnering with us.
WHAT IS THE PAYOUT?
We believe that “payout” is not a value proposition. Nor should payout be a differentiator. An advisor receiving a payout north of 90% still has to run a business and a P&L. The “real net payout” of an advisor’s business is between 30% and 45% on average. Our payout structure is simple: we will manage your operations and P&L and pay all the expenses of your practice including team member comp and rent, and you will receive 50% of your business’ revenue, representing your “owner’s equity.” You own your business and your clients and your payout will never go down, even as you add resources to your practice.
DO I HAVE TO BRAND AS “JOURNEY STRATEGIC WEALTH”?
Most advisors choose to take on the Journey name and branding. They maintain flexibility and control in how they market their services in their communities and among their client base. We are open to co-branding in certain instances.
WHAT HAPPENS TO MY TEAM IF I JOIN?
Prior to partnering with any firm, we do an in depth analysis of your business including your financials and team structure. In many cases we recommend that the advisor leverages Journey for all specialized resources including investment operations and financial professionals and maintains a local team of client service and associate advisor professionals. Our goal is to help advisors maximize revenue generation and retention. We will provide an in-depth proposal with our recommendations on team members and their compensation prior to you joining.
WHAT IF I CHANGE MY MIND?
We don’t believe in restrictive contracts. We believe it should be easier to leave a firm than to join one. We write our contracts to make it very easy to dissolve them, because if either of us is unhappy, it won’t work. Everyone deserves to feel happiness and fulfillment in their professional and personal life.
Ready to take the first step?
Whether you’re preparing for your legacy or have decades left to build, Journey can create the supportive structure you need to serve clients best.