Independent Financial Advisors

The independent financial advisor segment is one of the fastest growing sectors in financial services. McLagan has joined together with the Financial Planning Association, the leading industry group for financial planners and independent financial advisors, to offer the FPA Practice Management Scorecard. Based on McLagan’s proprietary technology, the Scorecard addresses the unique practice management challenges of independent financial advisors by providing locally relevant performance and pay benchmarks in a customized report.

We also help independent financial advisory firms identify performance improvement opportunities and advise on setting advisor pay levels that are consistent with market pay and performance standards.