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by Mark C. Tibergien (Author), Rebecca Pomering (Author)
A revised and expanded look at how to thrive and prosper in the financial advisory business
A new and revised edition of the eye-opening, no-nonsense handbook on managing and growing a financial-advisory business, Practice Made (More) Perfect is packed with industry insight and practical ideas that every leader and manager within a financial advisory practice needs to know in order to get the most out of their business. Regardless of how little time is available or how seriously challenged a firm may be, this book contains the information that can help. The principles of sound management apply to firms of all types, and the tools provided in this book are guaranteed to be applicable under practically any circumstances.
- Written by industry expert Mark Tibergien, one of the "25 Most Influential" people in the financial services industry
- A new edition of a bestselling Bloomberg title
- Includes fresh insight on recent topics, including how advisors responded during the latest meltdown, the implications of the aging advisory profession, the challenges of attracting and keeping both clients and staff, the role of organizational design in a growing business, recent changes in compensation planning and implementation, and key information on leadership and management in today's financial world
Many financial advisers run their businesses as if acquiring more clients will solve any and all problems, but without a strategic framework, more clients just lead to more demands and less time to meet them. The truly successful firm will build strategy, structure, and processes that will ultimately translate into increased profits, cash flow, and transferable value.
Front Jacket
Newly revised and expanded for today'sfinancial advisors, Practice Made (More) Perfect: Transforming a Financial Advisory Practice into a Business is the definitive guide to launching and growing an advisory business. Accessible and to the point, the book draws on industry expert Mark Tibergien and Rebecca Pomering's extensive experience in consulting with hundreds of financial services firms worldwide and now leading successful financial enterprises themselves.
Whether you operate as a solo practitioner or own an ensemble firm, whether your business is commission-based or fee only, whether you're a wealth manager, family office, or a money manager, Practice Made (More) Perfect will help you improve your practice and achieve your goals.
Your business cannot thrive without active management. Full of advice from top industry management specialists about defining a business strategy, mastering the essentials of financial management, making the most of human capital, and sustaining effective operations, this book is filled with tools you can utilize under virtually any circumstance.
Back Jacket
NEWLY REVISED and expanded for today's financial advisors, Practice Made (More) Perfect: Transforming a Financial Advisory Practice into a Business is the definitive guide to launching and growing an advisory business. Accessible and to the point, the book draws on industry expert Mark Tibergien and Rebecca Pomering's extensive experience in consulting with hundreds of financial services firms worldwide and now leading successful financial enterprises themselves.
Whether you operate as a solo practitioner or own an ensemble firm, whether your business is commission-based or fee only, whether you're a wealth manager, family office, or a money manager, Practice Made (More) Perfect will help you improve your practice and achieve your goals.
Your business cannot thrive without active management. Full of advice from top industry management specialists about defining a business strategy, mastering the essentials of financial management, making the most of human capital, and sustaining effective operations, this book is filled with tools you can utilize under virtually any circumstance.
Author Biography
MARK C. TIBERGIEN is Chief Executive Officer for Pershing Advisor Solutions LLC, a BNY Mellon company, and a Managing Director and member of the Executive Committee for Pershing LLC. For eight consecutive years, Accounting Today has recognized Mr. Tibergien as one of the "100 Most Influential" people in the accounting profession and Financial Planning has identified him as a "Mover and Shaker" in their annual review of industry professionals. In 2011, for the ninth time, Investment Advisor recognized him as one of the "25 Most Influential" people in the financial services industry.
REBECCA POMERING is a partner with Moss Adams LLP and CEO of Moss Adams Wealth Advisors, the firm's wealth management division, where she is responsible for the growth of the firm, including strategic planning, sales and marketing, team development, human capital, CPA firm integration, financial management, and mergers and acquisitions.
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