Paul Romo of Impact Financial Advisors was feeling limited by his former broker-dealer. With over 17 years in the financial advising industry, he started to realize that he wanted to have more freedom to enable the financial success of his clients.
“I can't tell you how many clients have asked me at times in the past: Hey, can you take care of this for me?” Paul said. “I've had to say no in the past, and I'm looking forward to being able to say yes and really help them get it done.”
Paul understands that clients are looking for comprehensive solutions when working with a financial advisor, and he found that he could offer more support and options for his clients by making a change.
For the 16+ years that Paul was with his former broker-dealer, he knew making a change was a possibility, but he never actively went looking for something new. He noted that recruiters would reach out, or he heard about an opportunity from a colleague, but his knowledge of what was out there was limited.
Paul was introduced to Boston Cardinal and Vantage Impact by his business coach, who had worked with Boston before. From the beginning, the Vantage Impact team demonstrated a commitment to understanding Paul's business, his goals, and his challenges.
“Right from the start, in my first interaction with Boston and his team, they treated me like I treat my clients,” Paul remembers. “We sat down and we had easily over an hour-long conversation about what my business looks like now, what I want it to look like in the future: what are the things that I am really happy with, and what are the things that I struggle with?”
Paul noted that Vantage acted as a neutral advisor, prioritizing his best interests in helping him select a new broker-dealer. Through introductions to a handful of firms, Paul gained a much better understanding of his options, and what questions to ask as he considered which broker-dealer would enable him to get his business where he wanted it.
“They were all tremendous opportunities,” Paul said. “Really, it came down to what I felt was going to help me take my practice to the next level and cause the least amount of disruption for my clients.” The answer was Kestra Financial.
“Acting in our clients’ best interests is always at the front of everything that we do,” Paul explained. “And Kestra has this same ethos woven into their fabric.”