Joe Maggiore
“Transforming My Advisory Business with First Advisors”
In this video, I share my journey as an investment advisor and portfolio manager with nearly 23 years of experience, currently managing just under $20 million in assets. I focus on pre-retirees and early retirees aged 50 to 75, and I envision tripling my assets under management in the next five years while expanding my team. Working with First Advisors has significantly enhanced my business, providing me with autonomy and a supportive compliance framework that fosters growth. I highly recommend First Advisors to any advisor looking to elevate their practice with dependable resources and systems.
Full TranscriptFull transcript
0:00My name is Joe Maggiore, and I'm an investment advisor and portfolio manager based in Virginia Beach. I've been in the business for about 23 years, and I manage just under $20 million in assets.
0:10My target market is pre-retirees and early retirees, those 50 to 75 years old. Five years from now, I see my assets under management tripling while adding additional staff to offload some, if not all, of the day-to-day responsibilities of my business, so I can spend more time with the people that matter most to me, in the places that matter to them.
0:31When I think about the advantages I've experienced in working with an RIA like First Advisors, I typically reflect on how I used to be my own RIA, until about three years ago, when I was given the gift of meeting Bob and Paul at First Advisors.
0:45I genuinely appreciate how I've been able to stay autonomous in how I run my business day to day and manage my annuity and insurance book, without constantly worrying about the moving goalposts of compliance and my next upcoming audit. I really value First Advisors' common-sense approach to compliance. It's not overbearing, unlike many other firms that seem to leverage compliance to stifle business growth. In these three years, I've been blessed to just about triple my assets under management. It's been tremendous.
1:17Working with a smaller-scale RIA like First Advisors has been a turnkey experience for me. I always have quick and ready access to the resources I need when challenging situations come up. I'm just a phone call or an email away from having those mission-critical needs resolved in a time-efficient manner.
1:32Whenever a new process or system is rolled out, the team at First Advisors is always on top of making sure we are aware, trained, and ready to hit the ground running with what's required to keep moving and growing. Having instant access to the entire support team, like Bob, Paul, and Trey, gives me the confidence to know that this fire or that hiccup will not be the obstacle that keeps my business from moving forward. They help me go further, faster.
1:58I highly recommend First Advisors to any advisor looking to make that critical switch to a dependable and trustworthy RIA. They absolutely have all the mission-critical systems, access to a solid lineup of money managers, a competitive compensation split, and turnkey delivery of what is needed to take your business to the next level.
2:22First Advisors National. Be seen. Be heard. Be understood.