Owners of CPA firms can receive an additional revenue stream on top of their core business by uncovering wealth management opportunities from their current client base.
What are the benefits of adding a turnkey financial planning/wealth management division to your business?
Remove the risk of a potential negative client experience after referring clients to another wealth management firm
Your clients will now have simultaneous access to both their tax and financial advisor who work in concert to provide a comprehensive financial solution
Add a growing and recurring revenue stream annually
Diversify business income
Increase depth of client relationships to sustain/retain business long term
Control the quality of financial advice provided to clients
Build equity in a wealth management business