If you’re comfy and doing well with your business, why expand?
The answers are plentiful. You might be looking for larger profit margins, and at your current capacity, you’re unable to reach your goals. You might be looking to expand your service area, and the cost of moving beyond your current boundaries could offset any additional profits.
Perhaps you’re looking to ramp up your client-service game, but your current list of team members stretches too thin to focus on building relationships. Maybe you’re looking to add new services or are increasing your strategic alliances.
No matter what your “why” is, if recruiting financial advisors is in your line of sight, then it’s time for due diligence.