Knowledge and Insight > Manage Your Practice

Expert Resources: Who Should Be on Your A-List?

John J. Bowen, Jr. | Financial Planning, April 2014

Summary: Back when I was starting out as an advisor, my goal was to be an expert in all areas of finance: investments, accounting, estate planning - you name it. I wanted to be the one person my clients would need. Around that time, I met a hugely respected CPA. I'll never forget walking into his office and seeing a giant stack of accounting books and journals on his desk. "That's the reading material that I need to catch up on to stay current," he sighed. That sentence quickly changed my plans: Instead of trying to be the expert in all things, I decided to work with a team of expert professionals who could help me bring the right expertise to my clients.

Building a great team of outside experts will only make you a better advisor to your clients - who will quickly see the tremendous value you and your team bring to their financial lives."