Profitability is critical to any business because it funds future growth, and productivity of your people is a key driver of profitability. Productivity can be devastated by high employee turnover: just as you'll know you've achieved critical mass when the departure of an employee or significant client doesn't send the business into a tailspin, the inability to absorb extra work in the short term--because there is no staff redundancy--reveals that a business is not at critical mass. For this firm, every vacation taken by an employee and every staff departure casts the business into turmoil. To resolve productivity issues, decide how big you have to be in order to minimize disruption if certain people are not present or available.
ThinkAdvisor and the College for Financial Planning have partnered to bring you a series of helpful educational tools that you can use to take your career to the next level.
ThinkAdvisor's TechCenter is an educational resource designed to give you a competitive edge by keeping you abreast of new tech innovations and need-to-know information that can be applied to your business.
In this White Paper, we share five steps to help you build a risk management program that enables the benefits of text messaging while protecting...
Can refocusing your business model help recharge your business’s value?
Learn how to build a better business and create loyal clients and advocates from the start.
May 11, 2017
Mega trends continue to impact the wealth management industry. Trends such as new digital competition, increasing compliance standards, fee pressures, and an aging advisor population....
May 03, 2017
Join this complimentary webcast to understand how to better connect with consumers so you can develop high-value packages that work for both sponsors and beneficiaries...
Apr 12, 2017
Energize your firm’s productivity with technology by joining the experts at Envestnet as they share how to increase profitability and gain a competitive edge with...