Jeff Thomas

Recent Posts

Thriving Family Principle: Don't Quit

Posted by Jeff Thomas on November 15, 2019
re-tire

A 75 year-old client gave a keynote speech last week claiming that the last 10 years have been the most fulfilling of his life. He hasn’t had a salary or played golf once for 10 years....

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Seven Generations

Posted by Jeff Thomas on November 1, 2019

I recently went on a wine tour that included a tasting from a winery called “7 Generations”.  Their brochure talked about being in the wine business for 180 years. 

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Risks of Private Equity Ownership of RIAs

Posted by Jeff Thomas on October 31, 2019

Shirl Penney, CEO of Dynasty Financial Partners, created a flap in the wealth management industry last week when he warned advisors joining private equity (PE)-backed Registered Investment...

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Thoughts on Becoming a Grandparent

Posted by Jeff Thomas on October 29, 2019

A week ago, my first grandchild, Cameron, was born.  His mother, my daughter Ally, went to the hospital just as Jose Altuve hit a walk-off homer to send the Astros to the World Series!

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What Do You Mean by "The Chick-fil-A of Wealth Management"?

Posted by Jeff Thomas on October 1, 2019

When we describe our company to financial industry folks, we often use the shorthand description that we are building “the Chick-fil-A of wealth management”.  But, what does that mean exactly?

 

...

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The Mission-Driven Advisor: Autonomy

Posted by Jeff Thomas on September 26, 2019

Are you a wirehouse advisor that desires greater autonomy?

If so, you are not alone.  According to Cerulli's "U.S. RIA Marketplace 2018" report, the desire for greater autonomy is the number one...

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What is Your Biggest Challenge Operating at a Wirehouse?

Posted by Jeff Thomas on September 6, 2019

What is your biggest challenge operating at a wirehouse?

  • Changes in compensation?
  • Insufficient staffing support?
  • Firm culture?
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The Mission-Driven Advisor: Why The Exodus from the Wirehouse?

Posted by Jeff Thomas on August 26, 2019

“Let My People Go”

These are likely the four best-known words from the Book of Exodus uttered from Moses to Pharoah.

Over the last several years, wirehouse headcount has been falling in the single...

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8/5 Market Update

Posted by Jeff Thomas on August 5, 2019

We had our company’s Investment Committee meeting last Friday and are releasing our “Monthly Market Commentary” today.  In light of the sell-off in stocks today, we thought we would offer this...

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Three Keys to an Ideal Business Transition

Posted by Jeff Thomas on August 1, 2019

100% of businesses eventually change ownership.

Who is the next owner of your business?

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The Mission-Driven Advisor: Is the Grass Really Greener for RIAs?

Posted by Jeff Thomas on July 10, 2019

Is the grass really greener for RIAs?  According to a recent article in Financial Advisor magazine, the answer is a resounding “Yes”, according to brokers. [1]

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What does the SEC’s passing of “Regulation Best Interest” have to do with you?

Posted by Jeff Thomas on June 19, 2019

Here’s what SEC Commissioner Robert Jackson, Jr., said about the Regulations’ passing:

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The Mission-Driven Advisor: Why Should United Capital's Sale to Goldman Sachs Matter to You?

Posted by Jeff Thomas on June 6, 2019

Goldman Sachs announced they were buying 14 year old RIA, United Capital, for $750 mm in cash on May 16, 2019.  The 220 advisors who sold to the independent RIA, United Capital, are about to work...

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The Mission-Driven Advisor: Are You a Fiduciary 100% of the time?

Posted by Jeff Thomas on May 31, 2019

Are you a fiduciary 100% of the time?”

 

How do you answer that question when clients or prospects ask it?

It was a question I used to dread as an advisor at the wirehouse. 

 

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Second Anniversary Thoughts

Posted by Jeff Thomas on April 16, 2019

April 25th, 2019 marks Archetype’s two year anniversary as an independent company. Our team started Archetype after spending 25 years at the largest global brokerage firms—including the last 17...

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Who Does Your Financial Advisor Really Represent?

Posted by Jeff Thomas on October 19, 2018

In my recent blog entitled “The Three Mega-Trends in the Wealth Management Business”, I made the case that three important things need to happen in this industry:

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What is your first Memory of money as a child?

Posted by Jeff Thomas on October 19, 2018

In my blog entitled “The Three Mega-Trends in the Wealth Management Business”, I made the case that three important things need to happen in this industry:

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What do you mean the wealth management business needs to "grow up"?

Posted by Jeff Thomas on October 3, 2018

In my blog entitled “The Three Mega-Trends in the Wealth Management Business”, I made the case that three important things need to happen in this industry:

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Why would a wealth management firm host a giving event?

Posted by Jeff Thomas on September 13, 2018

Well, our Firm did this week!  Why?  That’s easy:   We use a different scorecard than most firms.

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The Three Mega-Trends in the Wealth Management Business

Posted by Jeff Thomas on August 9, 2018

“The model is broken!”

For years, that’s what I said about the wealth management business.

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Hurricane Harvey Update/Insurance Claim Tip

Posted by Jeff Thomas on August 28, 2017

Friends,

Greetings to you from soggy Houston!

Your Archetype team just wanted to reach out in the aftermath of hurricane Harvey

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