Asking this question helps identify not only the forces that are driving you to grow, but a plan for approaching that growth in a conscious way. It is vital to be clear about your motivations, personal beliefs and conditioned habits, as they will steer your choices.

The Downside of Unmanaged Growth

Many financial advisors start off their businesses as an individual advisor.

As their business grows, they bring on an assistant to help them manage the workload. They keep adding staff as the demands of the business grow, and suddenly they realize that they have a group and end up calling them a team, purely by default.

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