When F.L.Putnam Funding Administration hires an advisor, it doesn’t simply supply a possibility to earn fairness within the enterprise; it grants an possession stake. “For those who’re somebody we employed to be an advisor, we grant you inventory,” says Tom Manning, president and CEO of nationally. “We wish you to be an proprietor once you come into the group.”
Talking with Barron’s Advisor, Manning, who has led the Wellesley, Mass.-based RIA since 2015, explains how the shared-ownership mannequin has helped the enterprise double belongings below administration…
