Sameer S. Somal, CFA, is the CEO and cofounder of Blue Ocean Global Technology. He is a frequent speaker at conferences on online reputation management, fintech, search engine optimization, relationship capital, networking, and ethics. Fundamental to his work at Blue Ocean Global Technology, Sameer leads collaboration with an exclusive group of PR, law, digital marketing, and web-development agency partners. He helps clients build, monitor, and repair their digital presence. Somal is a published writer and internet defamation subject matter expert witness. In collaboration with the Philadelphia Bar Foundation, he authors continuing legal education (CLE) programs. Somal proudly serves on the board of the CFA Institute Seminar for Global Investors, College Possible, and the R.J. Leonard Foundation, an organization dedicated to educating, initiating careers, and personally mentoring young adults who are aging out of the foster care system. Somal was named an Iconic Leader Creating a Better World for All by the All Ladies League and Women Economic Forum. He is also a cofounder of Girl Power Talk.
Acquiring and serving clients requires specific skills. When launching your own business, you will need to foster trust with prospective clients and strategic referral partners. In order to help clients implement investment or financial planning advice, you will need to build even more trust.
Today, a confluence of factors reinforces the opportunity to launch a financial advisory firm. Here are five of them — as well as some advice on constructing the framework for getting your firm off the ground.