Mastering Independence: Tech and Strategy for Advisors with Tim Welsh

Tim Welsh is the president of Nexus Strategy, a consulting firm dedicated to helping financial advisors grow their businesses. With a career spanning roles at Merrill Lynch and Schwab, Tim has been at the forefront of practice management and the evolution of the wealth management industry.

In this episode, Tim shares his journey from Wall Street to launching Nexus Strategy, offering insights into how financial advisors can scale their practices by simplifying complexity, focusing on niche markets, and leveraging technology. We explore the evolution of the wealth tech ecosystem, the challenges of "tech piles" versus unified solutions, and the transformative potential of AI in improving productivity and client engagement. Tim also provides actionable advice for new and independent advisors looking to grow beyond the early stages of their careers.

Please enjoy our conversation with Tim Welsh.