As an independent financial professional, you know that your most valuable resource is how you allocate your time. In an increasingly competitive landscape, focusing on the core revenue-generating aspects of your business is crucial, and by offloading non-revenue-producing functions to a back-office team, you can be left with more time to build relationships and service current clients. That’s where an OSJ comes in. 

This blog post will explore how: 

  • OSJs can streamline your practice management and provide easy-to-implement workflows
  • OSJs can help you stay current with the latest technologies and associated training/assistance
  • OSJs can help you create a business continuity plan
  • Additional benefits of partnering with an OSJ

Considering a move to an OSJ?  Read our Quick Guide on How to Select the Right OSJ for Your Practice

OSJs can streamline your practice management and provide easy-to-implement workflows

What is an osj

As an independent financial professional, the ability to generate new leads and nurture prospects is essential for growing your business. Partnering with an OSJ can greatly enhance your practice management by streamlining operations and providing easy-to-implement workflows. 
By leveraging the expertise and resources of an OSJ, you can focus on your core competencies and could deliver exceptional value to your clients.  At the same time, the OSJ takes care of compliance related aspects of your business as well as assists in streamlining your current operational processes. This collaborative approach can improve your efficiency and allow you to tap into a broader network of professionals who can help you develop innovative strategies to attract and retain high-value clients.

Additionally, an OSJ can provide you with proven processes and standardized workflows specifically designed for the business needs of independent financial professionals. These workflows can be easily integrated into your practice, minimizing the learning curve and allowing you to deliver outstanding service to your current clients and focus on adding new clients to your firm or practice. 

OSJs can help you stay current with the latest technologies and associated training/assistance

In today’s rapidly evolving financial landscape, independent financial professionals must stay updated with fintech innovations to maintain a competitive edge. By collaborating with an OSJ, you can gain valuable insights into new fintech platforms, ensuring that you are always at the forefront of the financial services industry.  

An experienced OSJ can provide comprehensive training and a customized learning approach, providing personalized guidance and assistance to maximize the benefits of the latest fintech solutions. By staying current with these advancements, you can offer superior services to your clients and provide a best-in-class experience for new prospects you are currently connecting with. 

Trust in the support provided by OSJ training to navigate the complexities of today’s fintech landscape and position yourself as a forward-thinking financial professional.

OSJs can also help you create a business continuity plan

Creating a business continuity plan is paramount for solo financial advisors and entrepreneurs in today’s competitive financial landscape. As a solo financial advisor, you understand that the long-term success of your practice hinges on the ability to seamlessly continue operations, even in the face of unforeseen circumstances.

As an independent financial professional, having a well-designed business continuity plan is essential to ensure your practice’s long-term success and stability. An OSJ can guide you in creating a plan that addresses key areas such as succession planning, risk management, and operational resilience. This holistic approach safeguards your clients’ assets and interests and helps build a stronger foundation for your business.

By partnering with an OSJ, you showcase your commitment to maintaining the highest professional standards and adherence to regulatory requirements, instilling confidence in potential clients. This strategic collaboration positions you as a reliable and trustworthy solo financial advisor, capable of effectively managing clients’ wealth even in times of uncertainty.

Prospective clients are often drawn to advisors who demonstrate a proactive approach to protecting their business from unforeseen events and ensuring a seamless transition in case of emergencies. 

Additional Benefits of Partnering with an OSJ

One significant benefit that independent financial professionals can experience when partnering with an OSJ is the assistance in onboarding and hiring new staff. Identifying, interviewing, and hiring the right candidate can take time and effort, especially for smaller firms with limited resources. 

An OSJ, a hub for regulatory oversight and expertise, has in-depth knowledge of the industry’s best practices and requirements. This ensures financial advisors can efficiently navigate the onboarding process, minimizing the time and resources spent on administrative tasks.

Another benefit that an OSJ can provide is assistance with understanding commission payments and structures. Financial advisors and firms often face challenges when grasping the intricacies of commission schedules and fee arrangements. An OSJ can help financial advisors comprehend these complex payment structures, providing clarity and ensuring that they receive fair compensation for their services. 

This not only aids financial advisors in managing their revenue streams more effectively but also allows them to maintain focus on growing their business and providing quality service to their clients.

With the financial industry being heavily regulated, financial advisors and firms are required to adhere to numerous rules and regulations that are constantly evolving. An OSJ can provide guidance and oversight to ensure financial advisors remain compliant with industry standards, minimizing the risk of penalties or sanctions. By staying up-to-date with regulation changes and proactively addressing potential compliance issues, an OSJ enables financial advisors to maintain a strong reputation and avoid unnecessary setbacks that could negatively impact their business.

Additionally, OSJs can manage your virtual administration tasks, streamlining your operations and reducing overhead costs. They can implement cloud-based solutions for managing client data, automating financial transactions, and executing digital marketing campaigns, enabling you to work more efficiently and effectively. 


Independent financial professionals should leverage an Office of Supervisory Jurisdiction (OSJ) to help them win new business for several key reasons:

  1. Regulatory Compliance: The OSJ ensures that you adhere to industry regulations, thus reducing legal risks and building client trust. By working with an OSJ, you can focus on your core business while the OSJ manages compliance matters.
  2. Access to Resources: Partnering with an OSJ provides access to a wide range of resources, including technology, investment products, and marketing tools. This enables financial professionals like you to serve their clients better and remain competitive in the marketplace.
  3. Training and Development: OSJs offer ongoing training and development opportunities, which can improve your skill sets and help you stay up-to-date with industry trends. This ultimately makes you more competitive for prospective clients.
  4. Operational Support: OSJs provide administrative and operational support, allowing you to focus on growing your business and nurturing client relationships. This support can include assistance with client onboarding, account maintenance, and reporting.
  5. Networking Opportunities: Working with an OSJ can help you expand your professional network, opening up opportunities for collaboration, referrals, and joint ventures that can lead to new business growth.

Interested in learning more about how Evolution Financial Advisors can help position your firm to attract new clients?  Connect with our team of experienced professionals. 


Chris Virgil

More about the author: Chris Virgil

Chris is the assistant vice president at Evolution Financial Advisors. He works to help advisors grow their businesses and gain a sense of freedom. Chris is a business and behavioral coach working with existing EFA financial professionals to create a more fulfilling practice, streamline operations, and enhance client experience.