About the WealthManagement.com 2020 Wealthies Circle
The Wealthies Circle is a unique gateway to the WealthManagement.com 2020 Industry Awards program. It’s home to this year’s finalist and winner initiatives and related content; serves as the entryway to our Live Virtual Awards Event taking place on September 10th; and is the pathway to registering for and attending the Wealthies Digital Forums launching on September 24th paneled by finalist company executives and attended by advisors nationwide.
More than 150 companies were finalists this year, and on the Wealthies Circle you’ll find finalist initiatives, company profiles, contact details and current resources including white papers, webinars, audio and other content. Each of these “Best of the Best” initiatives was designed to help financial advisors build better practices and more effectively serve their clients. You may wish to consider these programs and tools as you evaluate new sources to help you manage your practice and grow your business. Plan to visit the Wealthies Circle often throughout 2020-2021 for content updates from this year’s finalists and winners.
The Virtual Awards Event section will be used as the link to the Winners announcements on September 10th, and provide supporting information about our sponsors and promotion for our finalists.
The Wealthies Forums are live, interactive panel discussions scheduled during 2020-2021 covering the current state and future direction of technology, asset management, practice management and marketing. More information on topics and registration can be found on the Wealthies Circle.
Now in its 6th year, the WealthManagement.com Industry Awards program recognizes the outstanding companies, individuals and organizations that make a real difference in the daily activities of financial advisors. More than 200 companies submitted 625 nominations in 2020 – a testament to the value that firms place in the awards as a way to enhance their reputation, increase their brand recognition and set their organization apart from the competition.
Includes initiative summaries, company profiles, contact details and current resources such as white papers, webinars, audio and other content links. These “Best of the Best” initiatives are designed to help financial advisors build better practices and more effectively serve their clients. You may want to consider these programs and tools as you evaluate new sources for your organization. Information will be updated throughout 2020-2021.
Live, interactive events paneled by executives at finalists and winner companies who have joined the Wealthies Circle – attended by and promoted to our 435,000 actively engaged community of advisors and planners.
For panel participation and sponsorship information:
Initially developed for advisors in Australia, Practifi is a business management platform that helps financial advisors unify their disparate tools, strengthen relationships with their customers, and grow their business. For more information, visit practifi.com and follow @practifi on Twitter.
Since its founding in 1962, Raymond James has become an industry leader in financial services, providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Raymond James is the proud home of approximately 8,100 advisors. We have always been a different kind of financial services firm, embracing long-term planning, valuing methodical decision-making and remaining focused on what matters most: clients. As we look toward the future, we remain committed to our founding principles of client first, conservatism, independence and integrity, ensuring we offer advisors the support they need to continue growing their businesses and empowering their clients.
Vice President of New Financial Advisor Development at Raymond James
Broker/Dealers > 1,000 Advisors: Corporate Social Responsibility/Diversity
Raymond James’ Wealth Management Associate Program
Nearly 40% of advisors are expected to retire in the next decade, according to Cerulli. As a result, many firms are looking to add new talent to close the gap. This provides a unique opportunity to make significant progress in attracting new and diverse talent to this noble profession. But transitioning into our industry, particularly from a different profession or right out of college, can be intimidating. That led Raymond James to create the Wealth Management Associate Program (WealthMAP), designed as a bridge for new talent prior to entering the firm’s training program – increasing their runway to becoming successful advisors. WealthMAP gives candidates hands-on experience and robust preparation (see supplemental materials for details) to build their confidence and chances of long-term success as advisors.
Director of Practice Management Coaching at Raymond James
Broker/Dealers > 1,000 Advisors: Practice Management
Raymond James Gap Analysis Consulting
As FinTech evolves our industry and a global crisis with severe market volatility affects our advisors and clients, immediate access to experts and tailored practice management solutions is critical. Advisors are developing increasingly broad capacity constraints as service offering expectations are growing which require advisors and coaches to rapidly diagnose and close identified gaps. In response, Raymond James has partnered with Actifi to develop the intelligence needed to provide advisors with an instantaneous, personalized report outlining strengths, weaknesses, and opportunities of their client experience, growth and efficiency. This process provides a health check report, access to a practice management coach for a consultative review, and on-demand solutions, as well as a team report to assess future advisory partnerships for long-term succession and team planning.
Director of Branch Associate Development, PCG Education & Practice Management at Raymond James
Broker/Dealers > 1,000 Advisors: Service
RAMP Transforms Branch Associates into Next Generation of Advisors
Our advisory teams are more dynamic than ever before with specialized and diverse staff. Branch associates seem to be a natural pipeline for next generation of advisors; however, career path ambiguity, wavering confidence, and skills needed to ‘make it’ as an advisor holds talented individuals back. The enhanced Registered Associate Mentoring Program (RAMP) removes barriers, creating an inclusive environment for branch associates to develop into advisors. The program’s robust, year-long curriculum provides top advisor mentorship and coaching, behavioral assessments, targeted workshops and networking opportunities at the Women’s Symposium, and a pathway to obtain the Accredited Asset Management Specialist designation. Recently, we’ve adapted the learning content and guided action planning to increased participant self-awareness and confidence resulting in a 55% increase participant conversion into financial advisors.
Director of Product Management, Raymond James Marketing
Broker/Dealers: Social Media Leadership
We launched RJ Social to enhance our existing advisor social media program and platform. RJ Social enables advisors to better build and strengthen relationships through social media, providing timesaving technology, access and insights that cultivate each advisor’s specific brand. At its core, RJ Social is a technology solution that provides a single, consolidated portal to easily access RJ-approved social media platforms, to connect and share relevant, meaningful content in a compliant way. RJ Social motivates advisors to establish their own voice and brand on social media with: