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Hello! Is anyone working at Spotify or HubSpot within product/project management that would be willing to connect for a virtual coffee chat?
I’m a recent grad and currently working in tech/product development. I have been interested in growing my career at either of these companies and would be grateful to gain insight on day-to-day and steps you took to successfully break in.
I know this might be a big ask here, but it’s been difficult trying to land one on LinkedIn. Thanks in advance
Hey People!
I'm Sarthak Misal, Currently a student who's about to finish his degree in Business Administration with Specialization in Finance.
Previously I've worked as a Partnership Associate and I've also got little experience in CRM, Business Development, Monitoring Industry Trends, Project management, Operations management.
Currently trying to secure a job before college ends, would be grateful for all the help :)
www.linkedin.com/in/sarthak-misal-a8843a190/
Hi all
Require 3 consultants URGENTLY
please send profile to abhishek@rskitsolutions.com
1) Client - Kuiqly
2) Whose payroll wil the consultant be on - resources are required on contract -
RSK IT SOLUTIONS
3) Experience - 3+ years
4) Need immediate joinees
5) remote work
6) any part of India.
Regular shifts with support for EST time zone
Senior Full-Stack developer with
Java and Angular experience -1
angular developer - 1
need 2 candidate for angular and 1 sr. full stack developer
Abhishek@infigroup.com
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Your AUM to client ratio is way off. You a building a house that will end up crumbling due to lack of a foundation. You need to right size your practice first and then work in client to staff ratio, your current paths is not viable.
I had a book very much like yours. I want to let you know that it can be profitable if you manage it correctly. When I was your size, I had a registered assistant and myself. At that time I brought on a new advisor and he worked on bringing on his own accounts and I continued to grow my business. Two years after he started, I hired another assistant and then soon added another advisor. At this time, we have three advisors and two assistants and service over 900 households with 162M AUM. I’d love to only have 150 households, but that is not the world I live in. What makes this work is setting client expectations, encouraging them to call if they need something and reminding them the phone works both ways, a few client events to keep engaged with the clients and good efficient service. Client meetings rarely last over a half hour and most reviews are done over the phone.
It’s hard to give advice without knowing all your facing, but I want you to know that I think it can be done.
Hope this has been helpful.
60m four advisors six staff
Geez...how is your AUM structured? I assume you’re heavier on the advisory fee/wrap accounts than A share business?
That’s helpful, thanks!
Geez! You need to hire 3-4
That’s what I was hoping someone would say! Lol
I have myself, a new junior FA, and an client service associate. We are all licensed and cover roughly 50-60 clients.
Nice, congrats! I’m trying to migrate my book from A share funds to advisory/wrap fee side of things, with greater emphasis on financial, legacy planning, etc. But it has been tough keeping up with everything/everyone
Holy moly, you just have a ton of small accounts. We have 150 clients and AUM of 250mm and I thought that was a lot to handle.
I had the same situation about 10 years ago. I also am in Kansas and understand about smaller markets. Where in Kansas are you located?
Have you used the Sales Planning & Tracking tool to input your #s? We can show you how to determine your productivity ratios from that tool to determine if you should add support or add a jr Advisor to service your smaller HHs.
Reach out to your Practice Development Director for a 1:1.
Of the meetings I had his week half of them were on this subject.
Let's make that happen. You know where to reach me.
I would hire a coach first and downsize drastically the number of households you have. Great job accumulating them but it’s ineffective as you grow. Curious. How did you prospect to get so many households?
Purchased a book from another advisor. It’s been tough, lost ~40% of assets purchased w/in 3 years, but haven’t had $ to pay for add’l help with BoB payments
In my humble opinion; you have to have a process to go fee - it’s the only way to go. Also, you need to make your book manageable. Hiring doesn’t solve the needy problem. Pay someone to take care of needy people that pay you nothing? That’s insane. Pm me, happy to help.