Advisor PT

Practice Perfected Tip

How you welcome new clients to your firm is a critical opportunity for you to reinforce their decision hiring you and your firm. The interactions within the first few months will set the tone for the entire relationship.

Resources

In the News

Retail sales fall in August, but drops are easing »
Stuart M. Porterfield, managing principal of Advisor PT, a Richmond-based firm that does consulting for financial advisers, said shoppers are still concerned with unemployment and falling home values, concerns that are reflected in spending habits.
September 4, 2009 — Richmond Times-Dispatch

Biz Buzz: New business is advising the advisers »
Stuart M. Porterfield owns Advisor PT, a coaching and consulting firm that helps independent financial advisers operate their businesses more effectively. A coach doesn't have all the answers, Porterfield said, but does have the questions.
August 3, 2009 — Richmond Times-Dispatch

Strategic Partners

Our carefully selected strategic partners are available to assist independent advisors, advisory firms, asset management firms and broker-dealers with transition and succession planning; branding and marketing services; regulatory, compliance and technology consulting.

FP Transitions, based in Portland, Oregon, is the nation’s leading provider of equity management, valuation, and succession planning services for the financial services industry, and operates the largest open market for buying and selling financial service practices in the U.S. Working in cooperation with broker-dealers, custodians, clearing firms, and insurance companies, FP Transitions provides its services to independent and captive financial advisors, registered reps, and insurance agents of all sizes.

As the creator of the open market listing system in 1999, FP Transitions has steadily broadened its service and is now the leading provider of practice valuations and equity building tools in the industry. FP Transitions’ expertise also includes continuity planning, practice benchmarking, strategic consulting, performance coaching, succession planning, entity formation and maintenance, internal ownership track set up and management, and mergers and acquisitions.

FP Transitions offers a complete suite of succession services, including:

• Marketplace valuations
• Benchmarking analysis
• Continuity and succession plans
• Internal ownership tracks for employees
• Acquisition assistance
• Confidential automated listing system

Advisor PT has a special arrangement with FP Transitions, providing all Advisor PT clients with discounted pricing on FP Transitions’ suite of services.

Steer Branding is a firm dedicated to helping brokerage and financial firms drive revenue and growth using a powerful tool: branding. What makes Steer so unique is their expertise in building and reinvigorating brands combined with their wealth of experience in the financial industry.

Steer Branding starts by making it simple. They begin with discovery and then develop a tailored brand strategy designed to meet your needs. Whether you’re an established practice/firm or one in transition, the investment you make in branding will generate long-term value and loyal clients for your firm.

Oyster Consulting offers regulatory, compliance and technology consulting for broker-dealers and investment advisors. Oyster Consulting was founded by industry experts who believe that every firm, large or small, deserves a top tier compliance program. Using our team-based approach, we offer your firm expertise across a number of disciplines.

The consultants at Oyster Consulting are industry professionals that understand the needs of your business. We translate regulatory requirements into easy to understand, compliant, and cost effective solutions that work with your company’s existing infrastructure. Whether you are looking for a targeted review, custom training, or outsourcing your compliance needs, Oyster has the experience to offer top quality results. With over 50 years of combined regulatory and compliance experience, Oyster Consulting will create simplicity in a complex environment to help your business thrive.

Adhesion’s WealthADV is a comprehensive managed investing service, delivering the complete client reporting, back office and unified managed account (UMA) solutions that RIAs need for growing successful practices. With WealthADV Reporting clients receive distinctive, consultant-style reports, optimized for managed accounts. Unified household reporting can roll together a client’s full set of assets: WealthADV UMAs, other managed or advised accounts, partnership interests and other assets, as well as accounts advised away.

WealthADV Unified Managed Accounts (UMAs) are an innovative, lower cost alternative to custodian-based managed account programs, traditional TAMPs, and mutual funds. With WealthADV UMAs advisors have the flexibility to construct custom composite allocations from an open-architecture library of investment strategies from nationally-acclaimed and boutique money managers, and their own proprietary models. WealthADV UMAs deliver professional overlay portfolio management, active tax management, accommodation of client-specific customizations and compliance mandates, continuous account monitoring, trading, account reconciliation, billing, performance reporting, manager due diligence and client proposals.

© 2010 Advisor PT. All rights reserved.