Navigating the Changing Licensee Landscape: Expert Insights
As the financial advice industry undergoes significant transformation, selecting the right licensee or business partner has become more critical than ever. With major players entering and exiting the wealth management space, advice practices face crucial decisions about their business partnerships and future direction.
Industry Megatrends and Market Dynamics
In this timely webinar, Tom Reddacliff, Executive Chairman and Director at Encore Advisory Group, delves into the industry megatrends reshaping the advice landscape. With the licensee market in transition, understanding these trends is vital for making informed decisions about business partnerships and future growth strategies.
Key Focus Areas - Industry Megatrends
Tom examines six key megatrends currently shaping the industry, providing insights into how these changes affect advice businesses and their choice of licensee or service provider.
Essential Partnership Conversations
Learn about the four crucial conversations every advice practice should have with potential suppliers or licensee partners. These discussions are fundamental to establishing strong, sustainable business relationships that align with your practice's goals.
Strategic Partner Selection
Discover the key criteria for selecting long-term licensee partners and solutions providers. Tom shares practical strategies to help practices efficiently create a shortlist of suitable suppliers, saving valuable time in the selection process.
Market Impact Analysis
Gain valuable insights into how current market turbulence affects the licensee landscape and what this means for advice practices. Understanding these dynamics is crucial for making informed decisions about business partnerships.
The webinar also examines the current financial market environment and its implications for advice businesses, providing a comprehensive view of the challenges and opportunities facing the industry.
Expert Guidance
Drawing on his extensive experience in the financial advice sector, Tom Reddacliff offers practical insights and actionable strategies to help practices navigate this period of industry transformation. His expertise provides valuable guidance for practices seeking to make informed decisions about their business partnerships and future direction.
*For more detailed insights from Tom Reddacliff on selecting licensees, asset consultants, and tech providers, visit the Netwealth Insights hub:
Best practices in selecting a licensee, asset consultant or tech provider .
