Choosing the Right Partners
Source: Aquila Global Advisors, LLC
The following includes excerpts, reproduced with permission, from a white paper by August Aquila.
In a recent white paper, August Aquila offers insights into the characteristics prospective partners must have.
Prospective partners must exhibit:
- Considerable technical skills and the creative and analytic ability to apply those skills well
- A willingness to put the firm and its clients above his or her own goals
- Dedication to the firm's mission
- A proactive, entrepreneurial approach to the role of partner
- Commitment to the firm, clients, and the development of others
- Strict adherence to professional ethics
- Administrative skills, including time management, effective delegation, and ability to convert plans into action
- Good business sense
- A history of proven ability
- Innovative thinking
- Unquestionable integrity
Aquila also details considerations for firms that want to invite equity partners – considering both the firm's needs and the requirements of the individual. Other areas he addresses are professional development of potential partners, and specific responsibilities and benefits of those chosen to become firm partners.
To receive a complimentary copy of the white paper, “Partner Selection Criteria Overview,” send an e-mail to [email protected].
From Aquila Global Advisors, LLC, http://www.aquilaadvisors.com.