Spartan Advisory Partners
Transitions and Coaching for Top Wealth Advisors
Pete Secret, Founder & CEO
Coaching top wealth advisors and teams to help reach their maximum potential
Pete is a 31 year veteran of the wealth management industry with unique insights on how the system works from the inside.
He's successfully recruited and on-boarded 100+ experienced advisors to Morgan Stanley-Smith Barney and JP Morgan offices in Florida, Georgia, and Washington D.C. He's been continually recognized for excellence as an individual producer, national training officer, branch manager, complex manager, and regional director. Previous roles include club level financial advisor, national training office, branch manager, complex manager, and Southeast regional director.
Pete was named as “Top 10 Branch Manager of the Year” by On Wall Street Magazine in 2016, the first-ever for a JP Morgan Securities Regional Director. He was honored again in 2017 as “Top 100 Branch Manager”. He is a frequent speaker on leadership, team building, risk management, business development, and the recruiting of high net worth producers.
17
Years @ Morgan Stanley-Smith Barney as Complex Manager
100+
Successful recruits
1000+
Teams, financial advisors, and recruits coached
10
Years @ JP Morgan
as Managing Director
200+
Trainee and next-gen hires
$25B+
Assets transitions/recruited
Giving you the competitive edge
Pete has first-hand experience negotiating on your behalf and providing you with the competitive edge you deserve during a transition. He'll listen and ask all the right questions in order to understand the situation at hand and to understand precisely what is essential to you in a transition. His unbiased expertise can guide you to the best outcome for your clients, team, and family.
What makes us different from others?
We understand the difficulty for financial advisors to build a client base.
We know the emotion and stress involved in making a transition.
We're familiar with the risk, legalities, and compliance associated with working at major Wall Street firms.
Our CEO has transitioned 80+ financial advisors and over $15B in assets.
Our Services
Designed for wealth/financial advisors, RIA’s, independent brokers, and teams
Transitions
Transition planning | Transition execution |Consulting for pre-transitional plans | Wire to wire transitions | Transitional economic comps |B/D to independent transitions | RIA transitioning |
RIA/Independent firms
Mergers and acquisitions | Growth strategy consulting | Recruiting systems |Starting or joining an RIA| Technology for lead generation, tuck-ins, rollup sourcing, and startups
Coaching
Succession planning | Next-generation hiring | Complex team mergers | Business practice management systems | Consulting for individual advisors looking to team up or transition | Staffing consultations (we are constantly reviewing revenue per CSA ratios across the industry to assist you in your transitional staffing)
Let our vast expertise help guide you thru the transition
Transitioning is one of the most
significant decisions you
will make in your life,
so we'll help navigate you on what’s
best for you and your clients,
while helping you to find the
right platform and negotiate
the best terms.
We understand the challenges of transitioning your business
Will my clients move with me?
Should I join or start an RIA?
Is my book portable?
Is it too much work to move?
What’s the legal risk?
What model is best for my clients?
Is it too much risk to move?
Which role is for me?
Should I go with a wire, boutique, regional, hybrid, or independent broker model?
How It Works
Pre-transition planning
Legal preparation,
protocol, contracts
Begin transition
Model selection: RIA, wire,
hybrid, regional,
boutique, IBD
Negotiation of terms,
back end bonus, team resources and more
Finalization and memo of understanding
Exploration of selected
firms
Our clients love working with Pete Secret
"Pete has been a pleasure to work with. During our business transition from UBS, he allocated appropriate resources and helped our team tremendously to ensure a successful client move."
"Our highly customized high-net-worth business model carries more than a few exceptions needed to properly service our client base. Pete did a great job helping us navigate the compliance/risk landscape at the new firm and ultimately facilitated our needs during the transition."
"Pete's professionalism and persistence during the competitive recruiting stage made a huge difference in our decision to join the new firm. His thoughtfulness and understanding of our business and how we approach asset management helped lay the groundwork for our transition."