Avantax Celebrates Finalist Status at WealthManagement.com Awards
Home-grown "Rise to Elite" program helping Financial Professionals to grow their practicehas quickly evolved into a defining element of the Avantax Community
Avantax, a community of tax-focused financial professionals within Cetera, is proud to be recognized as a finalist for the prestigious awards known as the "Wealthies." This distinction positions Avantax strategically among leading broker-dealers with 1,000 or more advisors. The recognition highlights the significant impact Avantax has on enhancing the practices of financial advisors.
A standout feature of Avantax's recognition is its innovative "Rise to Elite" program. This program serves as a complementary peer-to-peer coaching initiative aimed at firms eager to achieve substantial growth within the wealth management sector. Developed collaboratively by the Avantax Home Office team and various Financial Professionals, the curriculum presents scalable and repeatable business strategies, accompanied by dedicated coaching and accountability partners.
The "Rise to Elite" program significantly enhances the collaborative growth experience for financial advisors. By offering a structured mentoring environment, it encourages strategic planning and ongoing support, fostering a culture of learning and development. One of the program’s core focuses is to provide access to small group coaching sessions. These intimate gatherings allow advisors to discuss challenges, share findings, and gain insights from seasoned mentors.
Success stories from participants in Rise to Elite demonstrate the program's effectiveness in yielding meaningful results. Notably, graduates of the program have reported impressive gains in both Asset Under Administration (AUA) and client acquisition. On average, those who complete the program indicate a remarkable 15% to 20% year-over-year growth in their Assets Under Management (AUM) relative to peers who have not engaged with the program.
"The tremendous progress behind Rise to Elite over the past year is truly inspiring," said Nona Rosa, Advisor Growth Coaching Officer at Cetera. "We have witnessed the program transform from a new initiative to a vital aspect of the Avantax community, where advisors collaborate not only for their personal growth but also celebrate each other's accomplishments. This unity and shared commitment create a powerful atmosphere for success."
Rosa also highlighted Kyle Johnson, a long-time elite independent Avantax financial advisor and coach within the Rise to Elite program. Johnson represents the collaborative spirit that the program embodies, effectively illustrating how collective effort drives individual success.
"Being part of the Rise to Elite has been incredibly fulfilling," Johnson remarked. "Observing the growth of advisors through this program has reaffirmed my career’s purpose. It goes beyond meeting specific targets; it's about unlocking potential, boosting confidence, and nurturing a culture where accolades are shared. The camaraderie and collective achievements—every moment spent together—underline the importance of this initiative."
Avantax is poised to celebrate this recognition at the upcoming Wealth Management Industry Awards Gala. This event promises to highlight the accomplishments of Avantax alongside other noteworthy finalists in the industry.
Financial and tax professionals seeking more information about Avantax can learn about the organization and its innovative programs through their official website.
About Avantax
Avantax plays a distinctive role within Cetera Holdings, specifically focused on delivering tax-sensitive wealth management solutions. The company aims to minimize client tax obligations through a comprehensive financial planning approach steeped in tax strategy. Avantax operates under two primary models: the independent Financial Professional model known as Avantax Wealth Management and the employee-based Avantax Planning Partners. Both models work collaboratively with a variety of financial professionals and CPA firms to provide holistic financial guidance tailored to consumer and small-business needs. For more details about Avantax and its offerings, the website is an excellent resource.
Frequently Asked Questions
What is the Rise to Elite program by Avantax?
The Rise to Elite program is a peer-to-peer coaching initiative designed to support financial professionals in achieving significant growth in their wealth management practices.
What recognition did Avantax recently receive?
Avantax has been named a finalist in the WealthManagement.com Industry Awards for its Rise to Elite program, showcasing its impact on financial advisor growth.
What are the primary benefits of the Rise to Elite program?
Participants benefit from peer mentorship, small group coaching, strategic planning, and a robust support network that fosters both professional and personal development.
How do graduates of the Rise to Elite program perform compared to peers?
Graduates typically report a year-over-year increase of 15% to 20% in their Assets Under Management compared to similar professionals who did not participate in the program.
Who is Kyle Johnson in relation to Avantax?
Kyle Johnson is an elite independent Avantax financial advisor and coach within the Rise to Elite program, exemplifying the collaborative spirit of the initiative.
