“Recognize the skills and traits you don’t possess, and hire people who have them.”
—Howard Schultz, Chairman, Starbucks
Now that you’ve articulated your values, defined your financial objectives, and chosen a strategy to achieve them, your next step as Wealth Strategist is to make a key hire. You need to select a Financial Administrator.
A Financial Administrator (FA) is the practitioner that every Wealth Strategist should have as a partner in the integration and execution of an integrated wealth management strategy. Although the FA is an individual, he or she is usually affiliated with a financial company and, by extension, the financial industry. The company could be a small component of a large financial ...