A Former UBS Advisor on Growth, Expansion, and Building a $6B Firm

When it comes to financial advisors, there’s a palpable difference between the requirements of billion-dollar-plus teams with sophisticated clients and those of other advisors at a firm.

So when it comes to the customizations these top teams may require – especially those managing institutional clients – there’s often a disconnect.

Because to be profitable, big firms need to manage a large population of advisors based on the lowest common denominator.

And for former UBS advisor Phil Fiore, it was a formula that no longer worked for his business.

In this?featured podcast episode, Phil shares life since his launch of Procyon Partners with Dynasty Financial Partners 5 years ago. He details the unique requirements of institutional clients vs. private wealth clients; the limitations that prevented Phil and his team from serving their clients optimally from within a wirehouse structure; the breadth of opportunity they realized in independence; plus Procyon’s extraordinary success in M&A—and much more.

It’s a?great episode?with plenty of key takeaways.

Easy listening to keep up with your summer learning.

Enjoy!

Mindy Diamond

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