Practice Insights

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As a financial advisor, you wear multiple hats. On any given day, you’re working with clients to plan their financial futures and working on growing and strengthening your practice.

Waddell & Reed has built a reputation on offering independent financial advisors resources to help them pursue their success. We’re pleased to share the same insight with you as you explore the financial advisor career or consider Waddell & Reed as the career home for your existing practice.

Develop and protect your culture

Create a culture that reflects who you are and positively positions your business.

Consider your successful succession plan

A succession plan can help you prepare for almost all future scenarios so that your practice continues as desired.

Hiring staff NOT the reason you became a financial advisor

Think about why you became a financial advisor. Your reasons might include a desire to help people or intrigue in investing. Definitely NOT on your list: hiring staff, negotiating office leases, purchasing office equipment.

Be a leader without being a boss 

Leaders are everywhere. And guess what? Many of them are the boss of no one. They’re individual contributors, teachers, volunteers, students. And they’re financial advisors.