Principal/Agent Relationships & Project Management

As our industry changes, practices continue to evolve and grow and there may come a point when your business model no longer fits the culture, offering, direction or quality of the present broker-dealer, hybrid, RIA, OSJ or the firm you’re aligned with. This misalignment usually occurs over time, but sometimes it appears rather quickly in cases of acquisition, decline in industry reputation or a variety of individual and business reasons that further leads to practice deterioration and loss of confidence.

When considering a change of the firm your business is aligned with, the process requires active management and analysis of all the possible solutions, solutions that best address the needs of your clients, your business and tackle your objectives. As an Agent, we are a domain expert.  We develop a structured roadmap, manage the process more resourcefully through due diligence, comparative analysis, and communication effectiveness. We also recognize likely risks, while eliminating the emotionally based decisions and underlying mistakes that exist in these projects. Our unique method permits the business owner, the Principal, to think clearly and remain focused on the motivations for change and stay engaged to the core competency of their practice without fretting about the damaging impacts and disruptions to workflows and revenues. The tremendous time savings and the efficiency created, has been and will always be, the greatest benefit in these relationships. 

Likewise, the Principal/Agent relationship can be similarly applied to  broker-dealers, RIA, OSJ’s, or any financial firms seeking to focus on strategic growth or business development issues.