OurServices

Our engagements address key issues facing advisory practices as they evolve into ensemble firms.

Building an Ensemble Firm

An advisory business is a living organization that changes constantly, from its inception through growth, maturity and succession. The business becomes more complex as it grows, and management responsibilities naturally increase. With its shared leadership structure, an ensemble firm leverages the full potential of its professional talent to thrive in a competitive industry.

We provide forward-thinking training and coaching to help advisory businesses build and grow ensemble firms. Our consulting services are relevant and personal to our clients and their practices. Our unique engagements emphasize results and accountability, providing the present and future leaders of firms with clarity of purpose, improved decision-making and an organizational culture of team unity and collaboration.

Evolution of an Ensemble

The evolution of an ensemble firm

How We Engage

Business Consulting

Successful business planning is a comprehensive exercise. Our individual engagements involve a high level of collaboration between our professionals and the ensemble firms that we serve. We work closely with advisory business owners and their teams to formulate a detailed strategy to grow their firms, reach their organizational goals and realize their ultimate vision of a successful practice. The key to our success is maintaining a balance between discipline and flexibility in our approach and process.

Our individual practice consultation process includes five key components. Each component has its own individual milestones and deliverables, and each may require a different commitment of resources. Every business strategy we implement is designed to work in concert and in continuity with the firm’s vision.

Crisis Management

Financial Management in Bear Markets

Sound financial management for advisory firms during a crisis is based on five key principles: Client retention is the number one priority. Anticipate and do not fall behind cash flow. Protect your vulnerable teammates. Make decisive and sufficient changes. And finally, look for opportunities during the recovery. In the first installment of the series, CEO Philip Palaveev discusses these principles and how G2 leadership can help their organizations and clients navigate the bear market during the COVID-19 pandemic.

Communicating in a Crisis

The ability to retain credibility, establish confidence and maintain trust are directly related to the reputation an advisory firm holds in the industry, among its clients and with its employees. During a crisis, communication is essential. Effective crisis communications aim to convince internal and external stakeholders that the organization has the understanding, skills and capacity to minimize the negative impact of the crisis. In the second installment of the series, Philip Palaveev shares winning strategies for clear communication.

Maintaining Team Morale

A crisis does not just threaten the financial markets and existing social structures. For many advisory firms and their team members, a crisis may also carry a heavy emotional toll and result in lowered bonuses or the elimination of bonuses altogether, a halt in pay raises and the suspension of promotions. In the third installment of the series, Philip Palaveev discusses how to create and preserve team morale in times of crisis and what G2 leadership can do to help themselves and their colleagues maintain spirit, optimism and a sense of unity and purpose.

Best Practices in a Crisis

There is a lot of power in the process of learning from each other, especially during times of crisis. Tapping into the collective knowledge of the G2 Community, we crowdsourced best practices that firms have implemented to address the challenges and opportunities presented by a crisis. In this fourth installment of our Crisis Management webcast series, Philip Palaveev moderates a panel of five members of the G2 Community as they discuss initiatives that their firms have successfully carried out in the wake of COVID-19.

Enterprise Partners

We provide our institutional partners with consulting services and specialized knowledge, working across all financial advisory channels to support the engagement and growth of the client advisory firms that our institutional partners serve. Our work includes delivering business management consulting to their top advisors in multiple capacities:

  • Practical workshops and educational courses
  • Presentations, webcasts, articles and tools
  • Direct engagement in collaboration with the institution's personnel
  • Professional development of the institution's staff to understand the needs and dynamics of the modern advisory firm

In each of our institutional partnerships, our objective is to expand the capabilities of the institution to service and attract top advisors, as well as to provide those advisors with meaningful direction in the effort to grow their businesses.