Asset Managers
Asset Managers
Asset Managers
One of the biggest challenges in today’s business environment is having to separate yourself from your competitors. One of the most intriguing ways to do this is by providing unique services to your clients. We assist firms in addressing this challenge and solving their problems. Through strategic consulting to your client base, we help your prospects and clients find solutions through our “real life” experience and add a unique service for you to provide.
How we work with Registered Independent Advisors
At Lumina Consulting, we work for your top clients and independent advisors to help them develop strategic growth plans and think outside the box to solve problems by using our real life experiences. Whether it is creating a successful growth strategy, optimizing operations or implementing a succession plan, Lumina allows you to provide a service to your clients that sets you apart as a valuable reason why they should use your services versus another competitor.
While many firms provide in-house consulting, many of these professionals do not share the same experiences of your most successful clients and/or advisers. We can provide consulting to your clients free of any bias, based on our experiences as people who have built a top practice inside a wire-house firm, transitioned that business from wire-house to wire-house and then transitioned to independence and executed a successful ownership transition plan. Our consulting comes from our past experiences of building a firm with over $10 million in annual billables including multiple mergers as well as having successfully transitioned ownership of the firm to the next generation.
In a three-day session that dives deep into the independent advisory practice we address the needs that were voiced to us by the partners of the independent firm that they feel are holding them back and provide a “lit” pathway to implement and achieve their objectives based on our own successful experiences. We then stand by them to help implement.
How we work with Registered Independent Advisors
At Lumina Consulting, we work for your top clients and independent advisors to help them develop strategic growth plans and think outside the box to solve problems by using our real life experiences. Whether it is creating a successful growth strategy, optimizing operations or implementing a succession plan, Lumina allows you to provide a service to your clients that sets you apart as a valuable reason why they should use your services versus another competitor.
While many firms provide in-house consulting, many of these professionals do not share the same experiences of your most successful clients and/or advisers. We can provide consulting to your clients free of any bias, based on our experiences as people who have built a top practice inside a wire-house firm, transitioned that business from wire-house to wire-house and then transitioned to independence and executed a successful ownership transition plan. Our consulting comes from our past experiences of building a firm with over $10 million in annual billables including multiple mergers as well as having successfully transitioned ownership of the firm to the next generation.
In a three-day session that dives deep into the independent advisory practice we address the needs that were voiced to us by the partners of the independent firm that they feel are holding them back and provide a “lit” pathway to implement and achieve their objectives based on our own successful experiences. We then stand by them to help implement.
We Perform
Core value and mission statement development
Owner and Staff interviews for issue recognition
Succession and exit strategy planning.
Operational analysis to stream line efficiency
On-going merger and acquisition consulting based around the development of a sound plan that has a known funding source, a target acquisition and a well thought out operational plan on how to handle your success
Financial due diligence to make sure the firm is stream-lining cost
Operational transitions to streamline operations and reduce cost structures as well as increase efficiencies utilizing the lessons we learned in our own practice
Ongoing consulting to the firm’s principles and staff to update plans that were put in place, create well thought out staff development
Marketing and growth plan creation and implementation
Risk analysis for key employee departures, procedures for protecting clients, trading, and reporting
Investment management practice review of performance and policies
Merger and acquisition strategy development
Break-away and transition consulting
Profit/Loss statement and proforma creation
Investment management reviews to try to maximize your performance, bring consistency to your clients, and reduce overall costs. We use all kinds of solutions from using our experience to find the right asset managers to improve performance, to option overlay strategies to reduce risk, to outsourcing parts of your process to improve overall results and allow you to focus on running and growing your business
