Growing An Advisory Firm By Pairing Young Advisors To Acquired Books Of Business From Retiring Advisors

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In the 105th episode of Michael Kitces Financial Advisor Success Podcast, he and Chip talk in depth about what it was like for Signature Wealth as we transitioned from a regional broker-dealer to the independent model under Raymond James, how trying to hire staff and gain economies of scale created challenges growing the advisory business, why Chip ultimately decided to create an option for other advisors to affiliate under Signature to solve those challenges for other solo advisors, and why there’s still such an opportunity to support advisory firms that have chosen the independent model, because being independent doesn’t necessarily mean that we want to be alone.