From CPA Track to Client-First Advice with Stewart Rallis (Ep. 8)

Great advisors do more than present information. They listen closely, stay steady when conditions shift, and build relationships that last.

What separates a responsive advisor from one who simply goes through the motions?

In this episode of Zombie Advisor, James Knapp talks with Stewart Rallis, Managing Principal at Stairway Partners, about his path from studying accounting to building a long career in financial advice. They cover early lessons from Doug Lennick, why goals still matter, how advisors can avoid becoming disconnected from clients, and why discipline, curiosity, and genuine human connection remain central to meaningful long-term advice.

Key takeaways:

• Stewart shares how an accounting path and a small business pushed him toward financial advice and client work
• A spontaneous job offer from Doug Lennick changed his direction and started his advisory career
• The episode explains how goal setting and focusing on what you control still shape planning today
• Stewart describes zombie advisors as people who show up, report out, then fail to truly engage
• James and Stewart stress discipline, emotional control, and real curiosity about clients’ lives
• And more!

Connect with us!

• Boyum Wealth Architects
• LinkedIn: James Knapp, CFP®
• LinkedIn: Boyum Wealth Architects
• [email protected]
• Subscribe to the podcast here!

Connect with Stewart Rallis:

• LinkedIn: Stewart Rallis
• Website: Stairway Partners

About Our Guest:

Stewart Rallis is the Managing Principal at Stairway Partners. Stew is responsible for institutional strategy, business development, and client relationship management at Stairway Partners. Previously, Stew held senior advisory and management positions at several large financial institutions, including American Express, Prudential, and Morgan Stanley. Stew has served as manager and portfolio liaison for a variety of institutional investment relationships, and in his role, worked closely with their investment boards and financial committees to develop and implement portfolio strategy. Prior to joining Stairway Partners, Stew was Managing Principal of a private investment firm, where he led the firm’s institutional consulting and advisory business. Stew has over 35 years of investment experience and holds a Bachelor of Science Business degree in Accounting from the University of Minnesota’s Carlson School of Management.