Episode 88: Consider building your own Turnkey Asset Management Program (TAMP)

In this Advisor PACT™ Monthly Session, Mark McKenna Little delivers a masterclass on how to build a Money Management Subject Matter Expert (SME) role within a Truly Comprehensive Financial Services™ team. Responding to an advisor’s question about minimizing client costs, Mark reveals how he developed his own turnkey asset management program (TAMP) based on his Three Fundamental Investment Principles: faith in the future, patience is required, and discipline avoids mistakes. He breaks down the Four Roles of Money Management—asset allocation, individual money managers, daily management, and overall portfolio oversight—and explains how to ensure each is fulfilled by qualified experts. Mark also discusses why fixed-fee arrangements outperform percentage-based structures and how to negotiate favorable flat-fee partnerships with money managers. Advisors learn step-by-step how to create a scalable, client-centered TAMP that delivers superior results, reduces costs, and strengthens their fiduciary leadership.