The People Behind the Practice
The most important conversation happening inside advisory firms right now isn’t about AUM or market performance. It’s about people — who stays, who leaves, and why.
I recently joined FP Transitions alongside my co-founder Jon Vorpagel for their webinar on human capital in the modern advisory business. The takeaway was simple: firms that win the talent game win by design, not by default.
FP Transitions draws from over 1,100 firm valuations annually. What their data consistently shows is that compensation structures either reinforce trust — or quietly erode it. But compensation alone doesn’t keep great people. The moment a strong team member stops believing in the leadership around them, you have a culture problem, not a pay problem.
Retention is a leadership challenge. It starts with being honest about what kind of firm you’re building and being intentional about every hire that shapes it.
That’s the work we do at The Third Group. Not transactional placement — a consultative partnership built around finding people who will actually move your firm forward.
Watch The Dynamics of Human Capital — FP Transitions
If you’re asking the harder questions about talent, culture, or your next critical hire, let’s talk.
Connect with The Third Group NYC at thethirdgroupnyc.com or find us on LinkedIn.
Source: FP Transitions Webinar — The Dynamics of Human Capital — fptransitions.com
Leave a Reply