The Declaration of Independence, approved by the Continental Congress on July 4, 1776, declared the separation of 13 North American British colonies from Great Britain, making them free and independent states. Often, the decision to become independent is made after years of trial and error. As Mark Twain once said, “Good judgment is the result of experience, and experience is the result of bad judgment.” A transition to independence is both an opportunity and a challenge, and often requires visionary people to expedite them.
Integrated Advisors Network has the experience and good judgement of a network of more than 30 advisory practices with over two billion dollars in assets under management. This allows us to manage the complexities of a transition so our advisors can learn from history, tap the resources they require and focus on the what they do best–creating comprehensive financial plans that meet and exceed their clients’ financial goals.
Some of our advisors have shared their own stories of independence in our podcasts and their advice is invaluable. By listening to these podcasts, you’ll hear about how they navigated the decision and process of becoming independent. Some of these guiding principles are:
- Your most important asset is your people. Bring the right people with you.
- Solicit advice from others you trust and respect, including your mentors.
- Ask the right questions by determining what you do best and where you need help.
- The industry, your business and your customers’ business are always evolving, so stay connected with your contacts.
- Build a retention strategy that allows you to maintain the clients that align best for your business and let go of the rest.
For advisors in the financial services industry who dream of independence, owning their own practice and controlling their own destiny, we make that dream a reality.