Over the past decade, the financial services industry has slowly moved away from the solo practitioner model to a more team-based approach. This directly results from the profound changes we face – from the regulatory environment to client demographics, evolving investor needs, and increased client demands.
As a result, team-based businesses are best positioned to adapt and grow in the face of these ever-expanding forces. Working as a team can help you successfully manage the top five market forces affecting financial professional today.
Creating or joining a team can also help financial professional manage capacity, practice continuity and differentiation. With multiple talents on the team, higher quality service can be provided to your clients.