Beginning his career with a national broker-dealer, Byron Ellis grew his financial advisory practice through targeted marketing efforts and advisor acquisitions, Byron started to feel uneasy about the value proposition he was offering his clients.
It wasn't until I calculated my clients' costs that I realized they were paying more than people who owned the same investments elsewhere. Long story short, I couldn't let that happen.
Never afraid of a challenge, he began to explore other options.
An entrepreneur at his core, Byron initially focused on taking his practice independent when United Capital caught his attention. He recalls being impressed by the financial advisory tools and technology provided and the way they described the client experience. "After a couple meetings, I realized these people are really doing it right. They are more than ten years ahead of me. And rather than trying to recreate the same thing, I decided we'd both be better off together."
The firm's technology platform, competitive investments pricing, and operational infrastructure now allow Byron to focus on managing the business and doing right by his clients—and the results have been measurable. Since joining, annualized revenue grew 55% over the 3 years after joining.*
For Byron, the ability to continue running his practice independently has been most important. Nevertheless, he contends that the firm's investment in resources and support have been instrumental in getting him where he is today. "Sometimes one and one can equal three or four, and that's what's happened in this instance."
Learn more about Personal Financial Management Advisors in Woodlands.
Register for one of our upcoming demos to see how FinLife CX can help you charge for your value as the indispensable human advisor.
To withdraw your consent to receive calls or to change your preferences, please call us at 1 (800) 796-3315. To stop marketing emails, follow the opt-out instructions in the email received.
*Data as of year end 2017. Results not guaranteed and may vary.
**Data as of Q2 2019