Best Practices for Onboarding New Clients
Let’s say you’re buying a new smartphone. You initially go to a big box retailer and find 20 different options with various features, and there’s nobody there to help explain them to you or help you make a decision. So you leave and go to a store that specializes in...
How to Write Proposals That Tell a Compelling Story
Financial advisors are involved in a very personal space. New clients must share sensitive information with someone they barely know and then trust them to make the financial decisions that will impact the rest of their lives. While every advisor wishes they could...
Sawtooth in Advisor Perspectives: How Does Your Team Spend Their Time?
Rich Conley, our Executive Vice President, wrote an article that was recently published over at Advisor Perspectives. In it, Rich talks through the difference between where advisors want to spend their time and where they actually spend it. As you are likely aware,...
How to Be a Better Advisor
Advisor firms are comprised of a lot of moving pieces – reporting, billing, trading, etc. – but one element plays a more important part in your success than any other: the client experience. At the core of every great advisor is a process that leaves clients happy and...
How Institutional Trading Benefits Clients
In today’s post, we will look at the benefits of block trading, how we can help you manage custodian relationships, and how it could save you and your clients money. The Benefits of Block Trading Most of the larger broker-dealers have some level of institutionalized...
How Sawtooth Helps You Breakaway
When you’re starting a new independent financial advisory firm, two of your primary concerns are the time you spend getting set up and the cost of running a new business. The hours spent setting up technology come at a cost. Every minute you spend focused on something...
Should Advisors Outsource Their CIO?
Some companies succeed and some don’t. For every success story, there are dozens if not hundreds of companies that don’t make it. While a number of factors come together to influence why one company is successful and another isn’t, one of the most critical decisions...
The Outsourced Advisor: Why You Should Consider Outsourcing Your Back-office
When you think about outsourcing elements of your advisory practice, does it leave you with a positive or a negative reaction? We strongly believe in the power of outsourcing for advisors because we have seen firsthand how it creates more efficiency and, ultimately,...
