Consultants Help Clients Find and Fire Advisers

A small industry of consultants don't manage any money but help wealthy investors pick financial advisers-those who not only create solid portfolios but have a steady employment history and obey to stringent fiduciary standards, or are able to add a specialty to a family office.

Related Videos


  • How to Hire More Female Financial Advisers

    There's still a shortage of female financial advisers. Here's how some firms are recruiting and keeping more women.

  • Why Not Hire a Robo-Adviser?

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  • Why Bother Hiring An Adviser?

    Here are a few reasons why investors may want to hire an adviser.

  • How to Be a Consultant to Wealthy Families

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  • How to Advise Entrepreneurs

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  • How Management Consulting Teaches Problem Solving

    In Chapter 12 of 23 in his 2014 Capture Your Flag interview, business strategist Bryan Law answers "How Has Your Management Consulting Experience Helped You Be a More Strategic Thinker?" Working as a management consultant teaches Law how to be a better problem solver by training him to best organize and structure client problems. Helping clients organize their thinking allows Law and his management consulting project team to break down difficult problems and better organize information.

  • Leslie Kerner on Skills You Build Working in Management Consulting

    In Chapter 18 of 21 in her 2013 Capture Your Flag interview, education software company executive Leslie Kerner answers "What Core Skills Did You Learn Working in Management Consulting That You Still Use Now?" Kerner learns communication skills that help her navigate uncomfortable situations working with client managers. As a Deloitte management consultant, Kerner builds conversation skills to address sensitive client topics in non-threatening ways that do not compromise project productivity.

  • Advise for Adviser Going Independent

    Advisers may want to go independent but there are a few fears they need to overcome first. Plus, here's how advisers can keep their radio show compliant. And, a look at how advisers can make the transition to independence easier.

  • Bryan Law on Building Team Trust Working in Consulting

    In Chapter 15 of 23 in his 2014 Capture Your Flag interview, business strategist Bryan Law answers "How Do You Establish Trust When Building Relationships?" Working abroad in Dubai, Law learns the importance of spending time getting to know your clients and your project team personally and professionally before conducting business. He finds it helps to sit down with new team member and share backgrounds and goals.

  • Bryan Law on Using a Psychology Degree in Human Capital Consulting

    In Chapter 5 of 23 in his 2014 Capture Your Flag interview, business strategist Bryan Law answers "How Did You Get Involved in Human Capital Consulting and What Did You Learn in That Job?" Graduating Georgetown University with a BA in philosophy and psychology, Law searches for business jobs that value psychology. This leads him into HR consulting and teaches him to build skills on how company human resources and human capital shape strategic business planning.

  • 3 Ways to Build Management Consulting Project Manager Skills

    In Chapter 11 of 23 in his 2014 Capture Your Flag interview, business strategist Bryan Law answers "What Core Skills Did You Learn Working on Management Consulting Projects?" Growing into a project manager role working in management consulting, Law finds three areas on which to focus. First, he learns what to prioritize in order to run a client project efficiently. Second, Law makes sure to build a strong relationship with the client that goes beyond the project. Third, he builds a dynamic team.

  • Bryan Law on Leaving Consulting to Work at Google

    In Chapter 18 of 23 in his 2014 Capture Your Flag interview, business strategist Bryan Law answers "What Informed Your Decision to Leave Consulting and Join the Google Global Strategy Team?" After years working in economic development as a management consultant, Law sees how lack of access to information hinders growth and development. In joining Google and working in global business strategy, Law sees an opportunity to contribute to Google's mission of making information more easily available.

Other Advice Videos


  • Mike Germano on How to Give Better Advice When Asked for Help

    In Chapter 20 of 23 in his 2014 Capture Your Flag interview, VICE Media Chief Digital Officer Mike Germano answers "How Have You Learned to Give Better Advice When People Ask You For Help?" Germano shares how advice requests can often be asks for other things, including asking for money. He also learns to know when not to give advice - including unsolicited advice - and instead help others make their own decisions. Mike Germano is Chief Digital Officer at VICE Media.

  • Cathy Erway on Resisting Temptation When Asked for Advice

    In Chapter 17 of 20 in her 2014 Capture Your Flag interview, author and food writer Cathy Erway answers "How Have You Learned to Give Better Advice When People Ask You for Help?" Erway shares how it is important to resist temptation to give advice on topics where you may have a personal agenda. Instead, she finds it better to be patient and try to filter away personal or selfish bias to focus on the person asking for advice. Cathy Erway is an author, food writer, copywriter and radio show host.

  • Phil McKenzie on How to Give Better Advice When Asked for Help

    In Chapter 18 of 20 in his 2014 Capture Your Flag interview, entrepreneur Phil McKenzie answers "How Have You Learned to Give Better Advice When People Ask You For Help?" McKenzie prefaces his willingness to give advice with the fact that knowledge he shares is based on his own circumstances experience. This brings context to the conversation and prevents him from coming across as judgmental or biased. Philip L. McKenzie is the Founder of Influencer Conference, a global content platform.

  • Jullien Gordon on How to Give Better Advice When Asked for Help

    In Chapter 14 of 19 in his 2014 Capture Your Flag interview, business coach and public speaker Jullien Gordon answers "How Have You Learned to Give Better Advice When People Ask You For Help?" When asked for advice, Gordon finds it helpful to start by asking questions and not giving answers. This helps him shift his model for personal development from a "let me teach it to you" approach to providing others space to come up with their own answers. Jullien Gordon is a business coach & consultant.

  • Anatole Faykin on The Privilege and Pleasure of Giving Advice to Friends

    In Chapter 5 of 16 in his 2014 Capture Your Flag interview, Internet entrepreneur Anatole Faykin answers "How Have You Learned to Give Better Advice When People Ask You For Help?" Faykin shares how giving friends' advice is both a privilege and a pleasure. He notes that giving advice is tough, as often a friend is looking to have a listener and to vent rather to actively seek out feedback. Faykin works to discern those who want to vent from those who actually want advice and answers.

  • Matt Ruby on Being Comfortable Not Getting Asked For Advice

    In Chapter 5 of 19 in his 2014 Capture Your Flag interview, standup comedian and Vooza founder Matt Ruby answers "How Have You Learned to Give Better Advice When People Ask You For Help?" Ruby shares how he is not often approached for advice. He finds it may be due to coming across as unapproachable or doing work that is not fully understood by others. While Ruby does not try to avoid people, he shares that not being asked for advice is fine with him and allows him to be left alone.

  • Hattie Elliot on How to Give Better Advice When Asked for Help

    In Chapter 4 of 15 in her 2014 Capture Your Flag interview, entrepreneur Hattie Elliot answers "How Have You Learned to Give Better Advice When People Ask You for Help?" As someone who connects people for a living, Elliot learns the most important part of giving advice is to underpromise and overdeliver. This helps to ensure she is able to meet expectations when making promises. She also learns to refine her willingness to help others to focus on a smaller group of close friends and family.

  • Ramsey Pryor: How to Give Better Advice When People Ask You For Help

    In Chapter 11 of 16 in his 2014 Capture Your Flag interview, product management executive Ramsey Pryor answers "How Have You Learned to Give Better Advice When People Ask You for Help?" With time, Pryor learns to give less prescriptive advice. He learns from his children to give advice is more to be a sounding board and help others make a decision rather than to make a decision for others. Pryor is a product management executive at IBM focused on cloud-based collaboration.