An advisor’s most important work is defining the firm strategy while offering the best client solutions. To accomplish this, many firms are hiring a chief of staff or director of operations at a high annual salary to get and keep the firm’s “house” in order. This may not be a necessary investment if you can identify a clear vision for your practice, hire the right team, and establish efficient processes and systems.
Agenda
Why using research backed data to understand your current team and future needs is crucial in scaling your practice.
What Practice Management really encompasses (hint: it’s not just operational).
Knowing when it’s the right time to start thinking about succession planning.
Knowing when to bring in a partner to help you implement the contents in your “playbook.”