Financial Advisor Program

The goal of our Financial Advisor Program is to create a financial win/win situation for entrepreneur-minded Financial Advisors and our firm. We will provide start-up capital and support to Financial Advisors who would like to own their firm and not be restricted by or continue to experience the typical handcuffs, hurdles, compensation changes, and low payout rates that advisors can experience at wirehouses, banks, insurance companies, and some independent firms. Unfortunately, we had personal experience in these environments and know all too well what happens.

We created this program with advisors who have a few years of industry experience and would like the opportunity to be business owners rather than work for and build someone else's business. We also created this program with more seasoned advisors who would like a change of scenery or may need a successor at some point in the future.

The ideal advisors of this program are:

Advisors with 3+ years of industry experience who feel they are not in an ideal situation.
Advisors who have the desire to take care of their clients the right way and not be bound by the typical antiquated policies of wirehouses, insurance companies, and banks.
Advisors who want to be business owners and run their firm how they see fit.
Seasoned advisors who just need a change.
Seasoned advisors who need a succession partner at some time in the future.
Advisors who have built good relationships with a loyal client base.
Advisors whose core business model is to focus on any or all of the following:
- Long-term asset management using advisory accounts
- Financial planning / financial consulting
- Corporate asset management
- Business succession planning
- Corporate retirement plans
Advisors with at least $200,000 in trailing 12-month revenue.
Advisors who would like the flexibility to work in an office or virtually: Your business, Your choice.
Advisors who value a work/life balance.

These circumstances tend to create unfavorable situations for many advisors and their clients, which is why we created our Financial Advisor Program

The thought of starting your firm can be daunting, which is why we have structured our program so you get:

✔ The infrastructure support you need

✔ The initial funding you need by selling a minority share of your firm to partner with us

✔ The option to buy back our minority share in the future

✔ To plug into our infrastructure and already established high grid rate payouts

We worked at large wirehouses and insurance firms, so we are all too familiar with their:

Antiquated compensation structures
Proprietary requirements
Account minimums
Low grid rate payouts
Reduced or eliminated payouts for "small" households/accounts.
They claim that your clients are clients of the parent company, and not yours.
Constantly changing the compensation package based on the parent company's profit/loss margins from previous years.

Program Details

Sell a Minority Share of Your Business

The transferring advisor sells a minority share of their company to Steffens Financial Corporation.

Stay in Control of Your Business

The advisor maintains full control of their business and makes all decisions.

Leverage Our Partnership

Take advantage of our partnership by tapping into our extensive resources and expertise.

Execute Business Branding

The advisor can build their brand or temporarily use SFC’s brand.

Maintain Your Legacy

The advisor owns their clients. They are not clients of SFC.

You Lead, We Support

If you need support at any point, we're ready to assist you through:

Operational support
Administrative support
Advisor support/Mentorship, if needed
Office space at our location, if needed

Buyback Option

Our minority share will reduce and possibly phase out over time, based on revenue.
Our goal is to own a minority portion of your firm long enough to create a financial win/win for both parties, but to remove potential animosity in the future.