Advisors are often running a practice that is quite different from the type of practice they went independent to run.  Their business model is often one reasons they end up frustrated and feeling overwhelmed. Working on (or towards) the "right" business model is extremely important -- and something to decide upon before improving a firm's operations and marketing. Since I work with clients on developing their ideal practices, the subject of business models comes up very early as we work together. In September I'll complete a report that includes samples of the various types of advisory business models along with organizations charges.   Below I've listed a few types of models I'll include. I can use your help. You

I'm Excited to be Featured in Today's Woman’s Advantage Calendar! My advice was selected from over 5,000 quotes submitted, for today’s page of the calendar. This is the fifth year in a row that one of my quotes has been published! Enjoy the calendar page with the quote.... For additional information about The 2015 Woman’s Advantage Calendar visit www.WomansAdvantage.com/calendar

Establishing where free ends and fee begins can be challenging, difficult and even nerve racking! However, learning the art of declining gracefully, when that's really what you want to do, is an essential skill that helps you focus on what's important in your practice. “So, you’re a financial advisor...have any hot stock tips? What should I be buying? Can I take you out for coffee, pick your brain, and get your opinion on my portfolio?” Sad but true, you’re probably shaking your head, rolling your eyes, or chuckling knowingly to yourself. If you only had a nickel for every time someone asked you for free, off-the-cuff advice, right? But be honest — how often do you

Most financial advisors delay the task of hiring employees because learning about HR processes such as hiring, training, retaining, or firing employees takes time away from working with clients.  Implementing HR correctly (and legally) involves learning about various state and federal labor laws in order to set up HR processes, employee forms, and manuals.   When you’re ready to grow your firm with the right people and HR is not one of your strengths as an advisor-owner, it’s best to hire a professional HR consultant.  The right HR person is worth their weight in gold; while they do their job, you can grow your practice and keep your sanity.  HR consultants focus on your hiring needs and protect your organization

Running a successful, compliant 401 practice requires documentation, and a repeatable process.  You’ll also want a service model that helps plan sponsors demonstrate compliance with regulations, while making managing your 401k business simple.   The 401k Service Solution is a tested and proven set of turn-key sales, marketing, and compliance documents.  Together, they provide a comprehensive process so you can focus on growing your business instead of building out a service model.   Learn how you can leverage these resources to differentiate your practice, visit: www.401kservicesolution.com   Contact Sharon Pivirotto at 412-440-8806 with your questions and to request a personal backstage look the material.   P.S.  If you have the documentation already, you’re ready for the