A few thoughts on strategic partnerships ⬇ :
Eddy Ricci, Jr., CFP ®, CEPA ®: Abundant thinking is a key to long term success. Who can you help today without expectation of immediate reciprocity? Get busy turning perceived competition into potential collaborations.
Michael P. Connaughton, CFP®, CLU®, ChFC®: Collaboration, idea sharing, and feedback from outside sources can be extremely impactful. As an organization we have always seen the value in creating strategic partnerships to gain perspective, acquire access to additional networks, and help shape strategy. We see successful advisors and wealth management professionals do this consistently through partnerships with planning related professionals, holding meetings with mentors, and participating in study groups with their peers. If you make a consistent effort to deliberately network with like-minded professionals your knowledge base and opportunity set is bound to expand.