However, time and time again, the very financial advisors who expressed such commitment chose, instead, to remain with the existing firm / broker dealer despite a laundry list of concerns and the in ability to pursue a business philosophy that would allow the financial advisor (s) to remain sustainable, relevant and valuable in rapidly evolving and complicated industry.
The result of which, is an entire generation of advisors, many of which have neglected their most important obligation to clients – ensuring the creation and sustainability of an organization / team of professionals that can ”live and breathe” without any one member (s) – in turn, not ensuring the level of service, quality of counsel and intellectual capital (expertise & experience) required to enhance the ability for clients across multiple generations to achieve was is truly important them personally, professionally and financially will continue seamlessly.
Organizationally, failing to ensure the sustainability of an organization / team of professionals that can “live and breathe” without any one member (s) is not only detrimental to a client’s well-being but equally detrimental to the intrinsic value and enterprise value of the organization itself.
Of course, intrinsic value and / or enterprise value of an organization is paramount when considering a sale or monetization event.
That said, the Managing Partners of ICG next recognized, long ago, four fundamental and structural objectives exist for the organization.
The first of which being the creation and sustainability of an organization that can “live and breathe” without any one team member (s) – ensuring the level of service, quality of counsel and intellectual capital (expertise & experience) required to enhance the ability for clients across multiple generations to achieve what is truly important them personally, professionally and financially continues seamlessly.
The second being an obligation to assemble a team of professionals (financial, administrative and operational) who are academically accomplished, professionally credentialed and client centered.
The third being a consistent and repeatable financial planning discipline and wealth management philosophy.
The fourth being a culture rooted in the realization that advice & counsel must extend well beyond that of simply investing – after all, client questions, concerns and objectives often extend well beyond that of simply making an investment.
An unwavering commitment to such fundamentals has allowed for client centered, value based and holistic relationships for clients across multiple generations.
In turn, client centered, value based and holistic relationships ensure a smooth and orderly transition to our current strategic partner, a pleasant and enjoyable transition for clients served, a more sustainable, relevant and valuable organization in a rapidly evolving and complicated industry, and dramatically enhanced enterprise value.
Become relevant, sustainable… with ICG next. ICG next is an innovative, established financial advisory firm located in Wall Township, NJ, serving multigenerational families as they plan for what’s next.