Welcome to the 60th episode of the Financial Advisor Success Podcast! In this episode, we talk in depth about the kind of human resources challenges that begin to emerge as an advisory firm grows, especially once it crosses the $100M and then $200M under management thresholds… where the firm grows beyond half a dozen employees – and the founder’s ability to manage them – and suddenly creating the right culture, and designing effective compensation systems that properly incentivize employees, becomes crucial for the business. All of which begins with establishing effective job descriptions for every role in the firm… which Kelli says is like creating a financial plan for employee talent development, forming the basis of what goals the firm and the employee are collectively working towards together.
Listen to the Podcast.
