Expertise

Launch Wealth Group's (LwG) specialized focus with only working with financial services companies allows us to uniquely position ourselves from our competition.  LwG has demonstrated leadership in three core areas of focus: Management Consulting, Compliance and Regulatory Counsel, and Recruitment Advisory Services. 

Management Consulting

We undergo an exhaustive discovery process to understand the core issues and challenges facing our clients.  These challenges can take many forms: expanding into new markets, providing back-office process improvements, streamlining expense management, risk management assessment, organizational structure architecture, client experience management, or compensation calibration.  

Margin compression is facing all organizations and their respective clients to constantly evaluate the true value of the services, products, and experience they are receiving. 

Our services also encompass the following:

• Client experience mapping: the ability to have loyal, happy, customers is the most basic goal from a startup to a Fortune 500 behemoth. The experience that clients consistently receive is vital to organizations; one that is repeatable with the desired outcome of increasing their referral quotient (RQ)©. Notably in this space, we have had extreme success in the redesign of Ultra High Net Worth client value propositions that uncover the true needs of what ultra clients are asking for in the 21st century to impact their wealth management ambitions and increase their RQ. 
• Problem resolution modelling: The amount of customer attrition within companies is an issue that gets overlooked consistently within the financial industry. Some issues are relatively easy to remedy while some are extremely complex but all need to have awareness and feedback channels and empowerment in an effort to reducing client defection. By employing our proprietary Voice of your ideal Client (VoyiC)© process, we are encouraging our companies to stay more attuned to their clients and their shifting needs by ‘listening’ clearer.  By utilizing VoyiC, we have the ability to create adaptable & repeatable processes to pinpoint improvement areas within organizations that drive client devotion and ultimately revenue.
• Brand positioning/marketing: financial providers want to resonate with their ideal target markets however rarely do perceptions intersect completely between client and provider.  With our process we are able to evaluate market perception and review present channel optimization and discuss future opportunities to ensure efficiency in branding efforts.  Understanding the real value of your company's brand equity is integral in establishing market share.  
• Operational Audits: most firms’ internal structures and processes have evolved through legacy systems that can be streamlined to increase collaboration of all stakeholders.  The range of problems we have seen identified and solutions implemented can be extremely varied depending on the hurdles at play.  We have experience developing significant innovations that translate into expense reductions, collaborative increases, and resulting in improved client experiences.  

Compliance & Regulatory Counsel

The regulatory environment affecting the financial services industry has rapidly evolved and promises to continue to be even more robust in the next decade and beyond.  Our dedicated team of professionals has worked with leading banks, wealth managers, financial institutions, and private equity to determine how their existing regulatory framework can evolve to meet the specific regulatory demands in the markets they operate in. 

At LwG, we seek to understand where your organization has been and where it wants to shift to in allowing us to remain focused on the experience of all relevant stakeholders – employees, executive, board of directors, & shareholders.  By remaining attuned to our clients’ needs we develop the best manner in which to sponsor such projects, provide strategic guidance, implementation plan support to deliver positive and necessary changes.

To meet our clients needs, we bring a full suite of capabilities to help businesses overcome challenges to effectively manage their risks – financial, legal, regulatory, and reputational – to ensure sound policies and procedures are designed and executed. From supervision to education to surveillance, LwG has a proven approach to managing your risk with compliance and regulatory responsibilities.

Recruitment Advisory Services

The changing competitive landscape has created the crucial need for top firms to be able to recruit the best and brightest people available.  Recruitment within the wealth management industry is an extremely specialized business that requires true experience to be successful – being authentic to the advisory community is something that cannot be disingenuous.  LwG is a proven leader within the advisory recruitment that truly understands what it takes to be successful, and we are the only global firm dedicated with this expertise.

Through our demonstrated process we accomplish the following: 

• Understand the unique value proposition offered and how your status can be enhanced among competitors
• Provide full integration across your organization to optimize the desired targets
• Articulate the planning phases of recruiting that are most beneficial to support your growth trajectory and aspirations
• Share unique resources that we have available to create opportunities that allow advisory candidates to feel comfortable in a confidential setting
• Understand your firm’s organizational structure and how we enhance the onboarding experience
• Detail what our comprehensive recruit packages includes and the complete service suite we provide
• We also provide retention tactics to firms that have seen an exhibited a disruption to their firms’ culture by examining relevant programs and evaluating their intended impact. 

By adequately investing in recruitment programs now, firms will have created an opportunity to exponentially distance themselves from their competition as the world emerges out of the pandemic.