Designing A (Scalable) Advisory Firm PTO Policy For Your First Hire And Beyond
Advisory firms transitioning from solo operators to teams must treat paid time off (PTO) as a strategic asset rather than a personal perk. The article outlines three common PTO structures—separate leave, single‑bank, and unlimited—and explains why the policy’s effectiveness hinges on real usage, not just nominal days. Small firms face unique challenges because employees wear multiple hats, making cross‑training and documented workflows essential for coverage. Ultimately, leaders who model balanced time off and invest in redundancy create healthier cultures and more sustainable businesses.
How I Hired Two Support Planners: Designing A Job Posting To Attract Talented Early-Career Financial Planners
Financial advisory firm MY Wealth Planners needed to hire two entry‑level support planners quickly. Founder Daniel Yerger applied signaling theory, placing clear compensation, role duties, and qualification tiers front‑and‑center in the posting. He also detailed the interview process and firm...
Weekend Reading For Financial Planners (April 4–5)
The latest study shows RIA merger and acquisition activity remains record‑breaking, yet sellers who demonstrate strong organic growth, a clear client niche, streamlined operations, and an engaged next‑generation team achieve higher returns. Firms that grant shared equity to advisors and...
Social Media For Advisors: Market Scalably With Evergreen Content
Social media marketing promises low‑cost visibility for financial advisors, but Kitces research shows acquiring a client via these channels averages $16,700 when hard and soft costs are included. The approach is time‑intensive, with only about 10% of posts driving most...
Personality Assessments For Financial Advisors: How To Choose The Right Tools And Apply Insights To Improve Fit, Productivity, And Retention
Financial advisory firms are turning to personality and aptitude assessments to boost team satisfaction, productivity, and retention. The article emphasizes selecting tools that are psychometrically sound, contrastable, and focused, such as Insights Discovery, CliftonStrengths, Kolbe A Index, and Working Genius....
Weekend Reading For Financial Planners (March 14–15)
The latest T3/Inside Information Software Survey shows 52% of financial advisors now use AI search and generative tools, up from 42% a year ago, and 43% employ AI note‑taking solutions such as Jump and Zocks. Despite this growth, AI has...
Don’t “Avoid Probate”: Reframing Estate Planning Success Around Managing (Not Escaping) The Probate Process
Estate planners often market "avoiding probate" as the ultimate goal, but probate is a statutory process that provides essential legal authority and asset verification. Even well‑structured plans can encounter probate due to post‑plan asset acquisitions, digital holdings, or out‑of‑state property....