The Relationship Is the Return with Todd Resnick (#24)

What does an NBC Page, Robert De Niro, and $10 billion in AUM have in common? Todd Resnick’s story. Todd Resnick started his career in television production and once stood five feet from Robert De Niro on live Saturday Night Live television. One conversation on a cruise ship later, he pivoted to financial services — and went on to co-found One7, one of the fastest growing RIA platforms in the country, now approaching its 10-year anniversary with over $10 billion in assets under management. In this episode, Paisley and Josh sit down with Todd to unpack what it really takes to build a thriving advisory business, why the RIA model is winning, and what advisors should actually be focused on to grow. Episode Highlights How One7 got its name — and what the seven elements of wellness have to do with wealth management. The real difference between wire-house life and the RIA model. Why Todd believes every advisor has a “working genius” — and portfolio management probably is not it. How One7 is building culture, coaching, and community across 50 advisor teams in multiple states. What AI actually means for the future of advice, and why the robo-advisor scare of a decade ago should be your guide. Timestamps • 0:00 — Welcome and Todd Resnick introduction • 1:43 — From television dreams to financial services — Todd’s unexpected career path • 3:38 — Standing five feet from Robert De Niro on live SNL television • 5:00 — Focus on your genius — why advisors should stop trying to be portfolio managers • 6:41 — The meaning behind the name “One7” and the seven elements of wellness • 9:23 — RIA vs wirehouse — why advisors are making the switch and never going back • 12:19 — Should you build your own RIA or join a platform like One7? • 15:03 — One7’s ideal advisor profile and the case for work-life balance • 17:23 — One7’s coaching program and the new advisor advocate role • 22:49 — Advisor brand identity, culture alignment, and what actually matters • 28:09 — AI in wealth management — threat, tool, or something in between? • 36:41 — One7’s durable moat: technology, culture, and capital at $10 billion AUM 🔗 LINKS & RESOURCES 🏢 OneSeven Wealth: https://onesevenadvisor.com/ 🔗 Follow Todd Resnick on LinkedIn:   / oneseventoddresnick   🔗 Follow Paisley Nardini on LinkedIn:   / paisley-nardini   🔗 Follow Josh Flade on LinkedIn:   / joshuaflade   🎧 Building Better Portfolios on Spotify: https://open.spotify.com/show/034vmgh... 🎤 ABOUT BUILDING BETTER PORTFOLIOS Building Better Portfolios is hosted by Paisley Nardini, CFA, CAIA and Joshua Flade, CFA. Each bring on leading voices in investment management, portfolio construction, and financial strategy — with a focus on the ideas that actually move the needle for advisors and allocators. 🔔 Subscribe for new episodes on RIA growth, alternative investments, portfolio construction, and the forces reshaping wealth management. ⚠️ DISCLOSURES This podcast is for informational and educational purposes only and does not constitute investment advice. The views expressed by guests are their own and do not represent the views of their employers or affiliated firms. Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. Nothing discussed in this episode should be construed as a recommendation to buy or sell any security or investment product. Please consult a qualified financial professional before making any investment decisions. #BuildingBetterPortfolios #RIA #WealthManagement #FinancialAdvisor #OneSeven #ToddResnick #RIAIndustry #AdvisorLife #PortfolioManagement #AlternativeInvestments #AIInFinance #FinancialPlanning #AdvisorCoaching #IndependentAdvisor #FeeOnlyAdvisor #InvestmentStrategy #FinancePodcast #CFA #CAIA#BusinessGrowth #AdvisorGrowth #ClientRelationships #WorkLifeBalance #EntrepreneurMindset #FinancialServices #AssetManagement #ETF