For one wealth management firm in Greater Chicago, bigger is not necessarily better, and so a firm has created a culture that emphasizes teamwork and a relatively narrow professional focus. One leader of that firm, Mark Balasa, a CPA and CFP, remembers what it feels like to be a client looking for honest financial advice.

As a young CPA, he sought counsel from insurance agents and stockbrokers, only to come away with two unpleasant impressions. "I was struck by an almost tangible conflict of interest and felt lost amidst the bewildering complexity of choices, not sure where to turn," he recalls.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access