Title: Ensemble Practice : A Team-Based Approach to Building a Superior Wealth Management Firm
Publisher: Bloomberg Press
Publication Date: 2012
Language: English
ISBN 10: 1118209540
ISBN 13: 9781118209547
Binding: Hardcover
Condition: As New

About this title

Synopsis

A detailed road map for wealth managers who want to build an ensemble firm or team and achieve sustained growth, profitability and high valuations

Why do ten percent of wealth management firms grow faster than the rest of the industry, often despite the turbulence of the markets? The answer, according to industry consultant and researcher, P. Palaveev, is that the most successful firms are those which, create and promote a team-based service model that serves as the foundation of their enterprise.

Find out how and why a team-based service model can play a decisive role in the future growth and sustained success of your wealth management firm
Discover the key factors for building a successful ensemble firm and profit from the best practices top team-based firms employ
Profit from the author's years of experience working with the world's top wealth management firms and the data he has compiled as a pre-eminent industry researcher
Learn about the various organizational structures, partnership models and career path options and how to put them to work building an ensemble practice
Get the lowdown on how the savviest traditional broker-dealer firms have formed dynamic ensemble teams within their organizations and learn of the results they've achieved

About the Author

PHILIP PALAVEEV is a financial industry expert and consultant focused on improving the profitability and value of financial services firms. The owner and CEO of The Ensemble Practice LLC, a management consulting firm helping financial advisors build better businesses, Palaveev also works with broker-dealers and custodians to create impactful practice management services for their advisors. He has written numerous research papers and articles and is a frequent speaker at industry conferences.

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