Securities America Adds Revenue Diagnostic Tool to Suite of Practice Management Solutions
The program generates a quick snapshot of the health of the business and provides takeaways that can be implemented now and long-term. This helps advisors analyze their current revenue streams for sustainability and provides opportunities for protecting and increasing future revenue.
"The diagnostic gives advisors data and analysis paired with our coaching expertise to look at their business differently and if needed, reshape their book," said Kirk Hulett, executive vice president of strategy and practice management at Securities America. "We understand it is difficult for many advisors to take time away from clients to perform an independent analysis, so offering this solution allows them to gain the necessary information without sacrificing time dedicated to their clients."
The diagnostic tool will identify current and potential risks to the practice. The three reports provided are Revenue by Household Report, Practice Performance Predictor Report and Assets by Age Report. This is followed up with two hours of business consultation with the Securities America Practice Management Team at a minimal charge.
About Securities America
Securities America is one of the nation's largest independent broker-dealers with more than 1,800 independent advisors and $50 billion in client assets.