The average independent advisor manages between 6 and 10 separate vendors. One for IT, one for compliance, one for their website, one for email marketing, one for cybersecurity, one for phones — and none of them talk to each other. Roughly 40% of an advisor’s week is consumed by admin and vendor management. That’s two full days per week not spent with clients. When something breaks, nobody takes accountability. The solution is consolidation: one relationship, one invoice, one point of contact. Cybersecurity, AI, IT, marketing, insurance placement, and consulting — all handled by a single partner who knows your practice. The firms winning right now have the fewest vendors, not the most.
