The Ensemble Practice Adds an Industry Expert to Drive Growth and Deepen Client Relationships

Doug Johnson Joins Ensemble as Senior Consultant Seattle, WA – October 22, 2014 – The Ensemble Practice, the premier business-consulting firm for the financial services industry, announced today that Doug Johnson has joined the firm as a Senior Consultant. The addition of Johnson allows Ensemble team to continue its growth and work with financial advisory firms on growing and improving the profitability of their organizations. Johnson’s experience and background in Operations and Business Development will also add to the expertise of the Ensemble team. “We look to bring to our clients premier experience and expertise. We want to be able …

To Ensemble or Not To Ensemble by Philip Palaveev

While outright acquisitions and deals get all the media attention, mergers are quietly transforming the industry. At the time you read this, thousands of advisors are negotiating the combination of their practices with others in order to create scale, leverage each other’s skills, gain resources, and tackle succession. Perhaps the fastest and best way to grow into a bigger firm is by merging with another business.

The Next Step by Philip Palaveev

There are approximately 250 advisory firms with more than $1 billion in assets under management (AUM) in the financial advisory industry. No more than 30 of those have more than $5 billion in AUM. If you were to ask any such “super ensemble” (a billion-dollar AUM firm) what its vision is, the likely answer is that it wants to “grow to the next step.” For those at $1 billion, that means reaching $5 billion. For those at $5 billion, it means reaching $15 billion and beyond. There is no question that the largest firms are aggressive in their ambitions. The …

Executive Forum

The Ensemble Practice’s Executive Forum provides leading investment advisory firms a unique format for knowledge sharing. The collegiate atmosphere of the meeting combines theory, best practice sharing, implementation experiences and high level strategic discussions. Much of the value of the event is the discussion of experiences between attendees. We concluded our 4th event in February of 2017.

The 2014 Financial Performance Study of Advisory Firms

The survey is now closed. Thank you to everyone who participated. The 2014 study results will be published and available later this summer. This year’s study, part of InvestmentNews’ Excellence in Practice Management research series, specifically focuses on the drivers of financial performance and is the industry’s premier benchmarking tool for measuring the overall success and financial health of an advisory firm.

Adviser 2.0: Managing growth

Managing growth is important for all firms. By tracking growth, advisers can clearly see the impact of marketing and adviser productivity (continue reading at InvestmentNews)