Finally, understand what functions are core to your business and which ones your firm already excels at doing. Any areas where you don’t excel or don’t have the right resources are ideal areas to leverage a trusted service provider that can provide you with economies of scale and expertise. Leveraging the right service provider can be a better business decision than trying to build an in-house option.
The Institute for Innovation Development is an educational and business development catalyst for growth-oriented financial advisors and financial services firms determined to lead their businesses in an operating environment of accelerating business and cultural change. We position our members with the necessary ongoing innovation resources and best practices to drive and facilitate their next-generation growth, differentiation and unique community engagement strategies.
The institute was launched with the support and foresight of our founding sponsors—Pershing, Voya Financial, Ultimus Fund Solutions, Fidelity and Charter Financial Publishing (publisher of Financial Advisor and ETF Advisor magazines). For more information click here.