Your True North and Building a Legacy Practice

The Perfect RIA

In this episode, Amber recaps two insightful discussions into the heart of success for financial advisors. Monday's conversation featured Dr. Andy Garrett, a licensed clinical psychologist, who joined Matt to explore the often-overlooked internal aspects of achievement. Dr. Andy shared his expertise on reconnecting individuals with their core values and identity. This reconnection, he explained, is key to enhancing both professional and personal performance. A highlight of the discussion was Dr. Garrett's introduction of the "true north" concept, a powerful tool designed to help advisors define their purpose and maintain stability in their careers.

The week's insights continued from Thursday’s episode when Jamie took the helm to discuss the evolution of a financial advisor's career towards the enterprise stage. This crucial phase marks the transition from individual success to building a sustainable, scalable practice. Jamie outlined strategies for this expansion, emphasizing the importance of bringing in and developing new advisors. She stressed that success at this level hinges on an advisor's ability to decentralize command and empower team members, creating a robust foundation for long-term growth and success.

Resources in today's episode:

- Episode Website - True North: Financial Advisors' Path to Value-Driven Success with Guest Dr. Andy Garrett - Building an Enterprise Office