How To Build A Real Path To Ownership with Luke Madsen
About this episode
The episode discusses building equity and leadership in a multi-partner advisory firm with insights from Luke Madsen.
Today we break down what it really takes to share equity and build a multi-partner advisory firm without creating resentment or chaos. We talk through internships, trust, healthy conflict, and the long game of developing leaders who actually want the obligations of ownership. Key topics discussed in this episode: • Building an internship program to source future service and lead advisors • Keeping interns productive with real projects, fast onboarding, and clear SOPs • Why owners show up differently and why equity should be granted carefully • Designing a passage to partnership, including a two to three year evaluation window • Reframing collaboration as challenge without hostility and making feedback normal Follow Elite Achievement for more conversations on leadership and high-level execution. About Luke Luke was born and raised in North Idaho, growing up in a rural log cabin without electricity for much of his childhood. That upbringing taught him early on that wealth is more than money, but going without financially also gave him a deep appreciation for the stability financial security can bring a family. That dual perspective has shaped his approach to financial planning and…
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