You may have to reorient your thinking.
By Russ Alan Prince
The four core principles are not malleable or debatable for accounting firms that want to provide the highest quality wealth management expertise and an extraordinary experience to clients. Let us take a closer look at these four core principles.
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Core Principle #1: The Primary Goal of an Elite Wealth Management Practice Is to Help Optimize the Financial Lives of Clients
The goal of an accounting firm’s elite wealth management practice is not to generate more revenues for the firm. That will undoubtedly happen, but that is not the goal. With elite wealth management, providing financial strategies and products is the way to help optimize clients’ financial lives.
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