Barron’s Top Advisor and Industry Visionary Steve Lockshin: Lessons from the Life of a Serial Entrepreneur

Steve Lockshin, founder of Vanilla, AdvicePeriod,  and others, offers a unique perspective on how an advisor’s entrepreneurial DNA can drive their ability to serve clients and grow untethered, particularly in the independent space.


Many advisors often face an unfortunate truth: The decision-makers at a firm often know very little about being an actual financial advisor. Steve Lockshin has sat on both sides of the proverbial table, and he shares two unique vantage points: The perspective of an advisor who recognizes the limitations at his current firm and the entrepreneur and problem solver who fills those gaps with new solutions.


In this episode, Steve discusses his extraordinary journey and shares advice with Louis Diamond, including:

  • The difference between traditional and independent firms—and how independence offers the ability to better fulfill clients’ unique needs.
  • Being in charge of one’s destiny—and how the inspiration he derives from working with others drives him.
  • Updates on his latest endeavor, Vanilla—and what motivated him to build a fintech platform that simplifies and standardizes the estate planning process.
  • The reality of AI—and what role he sees it will have in wealth management.
  • Plus, Steve shares what it’s like to be Michael Jordan’s financial advisor—and much more.


Listen to the full episode from Diamond Consultants wherever you get podcasts, or via YouTube below.


Ready to get started?

Deliver a whole new client conversation experience

Talk to our sales team today.