Insights on transitions, independence and advisor growth.
Mindy Diamond on Independence: The 10 Characteristics of the Most Successful TeamsMindy Diamond on Independence: The 10 Characteristics of the Most Successful Teams
Mindy Diamond and Louis Diamond explore 10 of the most common behaviors of elite wealth management teams based on their experiences in guiding many of the industry’s top players. These are practices that any team at any level can adopt, whether they work as employees at a big brokerage firm, are independent business owners, sole practitioners or part of an ensemble group.
Like a sports team, it’s not enough to have the strongest, most talented, and dedicated players on the field. The best teams have effective leaders at the helm of cohesive groups with complementary talents that move together towards a common goal: to win.
But there are plenty of steps required to get—and stay—at the top of your game.
And from what we’ve observed in guiding many of the industry’s elite teams through their successful transitions, much of the same holds true.
That is, there are common behaviors shared amongst top performing advisory teams that make them stand apart from others in the field.
And these are behaviors that any team at any level can adopt—whether they work as employees at a big brokerage firm or are independent business owners, sole practitioners or part of an ensemble group.
In this episode, Mindy Diamond and Louis Diamond explore 10 of the most common practices of top teams, including:
The real value of strategic plans.
Managing non-core functions.
Investing time to work “on” the business.
Instilling a “growth mindset” amongst the team.
Critical thinking around the status quo.
The role of client advocacy.
And more.
No doubt one of the hottest topics on this show centers around growth and success—and this episode follows suit by sharing real-world observations and actionable advice regardless of where you practice.
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