T.J. Gliha and his partners acquired a wealth management firm that served professional golfers and grew it from $250 million in assets under management to over $1.4 billion in four years, going from 4 employees to 26. But the moment that changed everything for Journey Wealth was not a number. It was a client sitting across from T.J., freshly off his third private equity exit, with more money than he would ever need, who was miserable. His health was failing, his relationships were broken, and T.J. realized that managing a balance sheet was not enough. That conversation led Journey Wealth to build an entire wellness offering alongside their financial services: executive life coaching, precision healthcare, family counseling, nutrition, and fitness. In this episode, T.J. talks about the comedy of trying to self-implement EOS, why being too nice to your partners will hold the business back, and how he learned to fire clients who were not the right fit. He also shares why he believes employees are the number one asset, not the clients.
Key topics:
- The client conversation that turned a financial firm into a wellness company
- Self-implementing EOS as a comedy show, and what changed when they got serious
- Being too nice to each other: why uncomfortable conversations are the unlock
- Firing a client who was a friend, and why it made the relationship stronger
- "No entrepreneur goes undefeated": building resilience into the culture
About T.J. Gliha:
T.J. is the president and CEO of Journey Wealth, an independent RIA and full-service wealth planning firm in Cleveland, Ohio.
Website: journey-wealth.com
903 Collective: 903collective.com
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