Tag Archives: #StewardPartners

Episode 226 – How Hybrid RIAs Can Position Themselves for the Future and Attract Top Talent with Jeff Gonyo

August 16, 2024Advisorpedia, Finance, Industry Innovators, Power Your Advice, Uncategorized#Advisorpedia, #Culture, #DougHeikkinen, #Equity, #FinancialAdvisors, #Investors, #JeffGonyo, #PowerYourAdvice, #StewardPartnersJulia Smollen

Jeff Gonyo is the Senior Divisional President of Steward Partners Global Advisory. Steward Partners is an employee-owned, full-service partnership that caters to family, institutional, and multi-generational investors.

In this podcast, Jeff Gonyo discusses the shift to independent advisory models, entrepreneurial freedom, and the firm’s unique equity ownership structure that fosters growth and collaboration.

Also discussed:

The evolving landscape for financial advisors, highlighting the shift from traditional wirehouses to independent advisory models.
The focus Steward Partners has on helping advisors transition to independence with strong infrastructure support, allowing them to manage client assets in diverse ways.
How the firm offers a unique entrepreneurial environment where advisors can pursue creative marketing and business growth strategies, free from the constraints of large parent companies.
The flexible affiliation options Steward Partners provides, including W2 and 1099 models, catering to advisors’ varying needs and goals.
The firm emphasizes a culture of collaboration and alignment, fostering a supportive community where every member’s growth contributes to the overall success of the organization.
The significant growth Steward Partners is poised for, both organically and through acquisitions, with plans to double the size of the business in the coming years.

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Episode 224 – Why Marketing is Crucial for Advisors Seeking Practice Growth with Greg Banasz

August 8, 2024Advisorpedia, Finance, Industry Innovators, Power Your Advice, Uncategorized#Advisorpedia, #Culture, #DougHeikkinen, #FinancialAdvisors, #Greg Banasz, #Investors, #Marketing, #PowerYourAdvice, #StewardPartnersJulia Smollen

Greg Banasz is the Managing Director, founding partner, and Chief Marketing Officer at Steward Partners. Steward Partners is an employee-owned, full-service partnership that caters to family, institutional, and multi-generational investors.

In this podcast, Greg and Doug discussed the key factors contributing to Steward Partners’ success, as well as customization and flexibility in creating effective marketing strategies for financial advisors.

Also discussed:

The focus Steward Partners has on independence, culture, and giving everyone a voice – the principles that have guided them for the past decade.
The firm’s growth from 12 people to 550, maintaining its core values and building a supportive culture.
Advisors at Steward Partners benefitting from customizable marketing resources, digital tools, and a strong online presence.
How marketing strategies should be tailored to individual advisor goals, whether it’s improving digital presence or engaging in media outreach.
The continuous evolution of Steward Partners, recently becoming a multi-chassis platform and incorporating next-gen digital tools for tracking and marketing.

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Episode 223 – HR’s Crucial Role of Cultivating a Strong and Enduring Company Culture with Kirstie Eustace

July 30, 2024Advisorpedia, Finance, Industry Innovators, Power Your Advice, Uncategorized#Advisorpedia, #Culture, #DougHeikkinen, #FinancialAdvisors, #HumanResources, #KirstieEustace, #Partnership, #PowerYourAdvice, #StewardPartnersJulia Smollen

Kirstie Eustace is the Chief Human Resource Officer at Steward Partners Global Advisory. Steward Partners is an employee-owned, full-service partnership that caters to family, institutional, and multi-generational investors.

In this podcast, Kirstie discusses the evolution of the HR profession, the crucial role of cultivating a strong and enduring company culture, and her personal experiences and growth within the firm.

Also discussed:

The transformation of HR from tactical to strategic, emphasizing its role in shaping organizational culture and leadership.
How she joined Steward Partners to take a bet on herself, finding the firm to be exactly as represented by its founders.
The evolution of Kirstie’s role from handling everything herself to leading a specialized team.
The importance of maintaining a strong company culture and ensuring it transcends throughout the organization.
The culture at Steward Partners, anchored in partnership and ownership, which has evolved but remains core.
Kirstie’s focus on the future of the firm, emphasizing growth, scalability, and preserving culture.

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Episode 222 – Inside the Decision to Become a Board Member of a Newly Developed Firm with Janet Robinson

July 23, 2024Advisorpedia, Finance, Industry Innovators, Power Your Advice, Uncategorized#Advisorpedia, #DougHeikkinen, #FinancialAdvisors, #Investors, #JanetRobinson, #Journalism, #PowerYourAdvice, #StewardPartners, #TheNewYorkTimesJulia Smollen

Janet Robinson is a Board Member for Steward Partners. Steward Partners is an employee-owned, full-service partnership that caters to family, institutional, and multi-generational investors.

In this podcast, Janet shares her journalistic background as CEO of The New York Times Company, highlighting the commitment to quality journalism and the importance of culture and values in a growing media company. She also explains what attracted her to Steward Partners, highlighting her desire to be part of a culture that prioritizes partnership and high performance.

Also discussed:

Janet’s career transitioning from a public school teacher to a media executive at The New York Times Company, driven by her passion for publishing, media, and digital formats.
The Times’ commitment to quality journalism and integrity which was both an attraction and a core value.
Challenges faced with the digital shift and introducing a pay model.
Concerns about declining media standards, stressing the importance of factual reporting and education.
Joining the Steward Partners board because of their unique business model and experienced leadership, valuing their culture of partnership and high performance.
How maintaining founding values and providing quality journalism are essential for media companies’ success in today’s world.

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Episode 219 – The Impact of Digital Innovation and the Future of Fintech with Mohan Gurupackiam

July 1, 2024Advisorpedia, Finance, Industry Innovators, Power Your Advice, Uncategorized#Advisorpedia, #DougHeikkinen, #FinancialAdvisors, #fintech, #Investors, #MohanGurupackiam, #PowerYourAdvice, #StewardPartners, #TechnologyJulia Smollen

Mohan Gurupackiam is the Chief Information Officer at Steward Partners Global Advisory: an employee-owned, full-service partnership that caters to family, institutional, and multigenerational investors.

In this podcast, Doug and Mohan discuss the latest technological advancements in the financial industry, talking through the impact of digital innovation and the future of fintech.

Topics discussed:

Mohan’s extensive 25-year career in the finance industry, including roles at E-Trade, Cetera, and AssetMark.
The significant technological advancements in the financial industry, such as the rise of FinTech and the shift towards a paperless office.
Tailoring technology solutions to meet the unique needs of individual advisors rather than adopting a one-size-fits-all approach.
The potential of artificial intelligence to enhance efficiency in areas like client meetings, portfolio construction, and investment management.
How technology benefits investors by improving efficiencies and enabling more sophisticated investment management and seamless interactions.
Gurupackiam praises the collaborative and partnership-driven culture at Steward Partners, which fosters open and respectful conversations and includes everyone as a partner.
The critical importance of cybersecurity infrastructure in protecting firm data and assets from increasing cyber threats.

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Episode 216 – Reaping the Benefits of an Independent Partner with Chris Reaney

June 25, 2024Advisorpedia, Finance, Industry Innovators, Power Your Advice, Uncategorized#Advisorpedia, #Assets, #ChrisReaney, #DougHeikkinen, #FinancialAdvisors, #Investors, #PowerYourAdvice, #StewardPartners, #SupportJulia Smollen

Chris Reaney is the Managing Director of High Water Wealth Group at Steward Partners. Steward Partners is an employee-owned, full-service partnership that caters to family, institutional, and multi-generational investors.

In this podcast, listeners can expect an insightful discussion on Chris Reaney’s career journey from a traditional wirehouse to joining and growing with Steward Partners. The episode highlights the evolution of the financial advisory landscape and the critical importance of support and entrepreneurial freedom for advisors.

Topics discussed:

Chris’ early career, highlighting the support for entrepreneurial advisors and contrasting it with less flexible environments at other firms.
His decision to leave a traditional wirehouse and join Steward Partners, motivated by dissatisfaction with the corporate culture and a lack of support at his previous firm.
Reaney explains the initial challenges and rapid growth of Steward Partners, emphasizing the freedom to run his business and the comprehensive support the firm provides.
The importance of personal touch in client relationships, noting that despite advancements in technology and AI, clients value the human element in financial advising.
The evolution of Steward Partners from a small, ambitious firm to a large organization, noting the continuous enhancements in support and resources available to advisors.
Reaney outlines his future plans, including succession strategy and a long-term commitment to the firm, while also balancing personal interests and values.

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Episode 215 – What Does Freedom Mean to You? with Scott Danner

June 18, 2024Advisorpedia, Finance, Industry Innovators, Power Your Advice, Uncategorized#Advisorpedia, #Culture, #DougHeikkinen, #FinancialAdvisors, #FreedomStreet, #Investors, #Optimization, #PowerYourAdvice, #ScottDanner, #StewardPartnersJulia Smollen

Scott Danner is the Chief Executive Officer of Freedom Street at Steward Partners. Steward Partners is an employee-owned, full-service partnership that caters to family, institutional, and multi-generational investors.

In this episode, Scott shares the inspiring journey of founding his company to revolutionize financial advising with a focus on relationship-building and personal impact.

They also discussed:

Scott’s journey of founding the firm in 2016 to address the lack of succession plans among aging financial advisors.
The rapid growth of Freedom Street and their goal of building a national brand with a compelling identity to attract top talent and clients.
The Life Optimization model, which prioritizes love, impact, faith, and energy over traditional financial metrics.
Benefits of joining Steward Partners, which provided support in HR and legal while maintaining a collaborative culture.
Scott talks about the importance of balancing high performance with self-awareness and achieving personal equilibrium.

Resources:

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