What does your firm do if you must evacuate your office for a couple of days or even weeks? One of the best ways to approach this in the short term is to develop a reciprocal arrangement with another advisory firm where you can share resources in the event that a disaster strikes. For example, for some firms that have a greater potential to be evacuated (because of hurricanes, for example), they have identified another firm, perhaps further inland where a storm is less likely to affect them, that can help support their temporary relocation needs. This might be as simple as just using the other firm's conference room for a couple of days until the displaced firm can get back in their office or find a new location. Be sure to select a firm that uses similar systems as your firm (e.g., portfolio management, contact management, trading, custodian, etc). Of course, you will keep your confidential data separated, but using the systems just helps reduce some of variables in re-establishing your programs.
Your resource for news, research and analysis to help you deliver more effective outcomes to your clients.
A survey of advisors nationwide reveals how the use of ETFs is expanding and what factors are likely to further support this trend.
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.
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.
Municipal fixed-income investors can potentially enjoy strong long-term performance from a four source-approach that seeks investment opportunities from a variety of sources.
The tactical and structural opportunity in the market’s sweet spot
Gain insight into what plan sponsors really want
Sep 28, 2017
Given the unique retirement challenges many women face, there are key considerations and strategies that may help you optimize your female clients’ Social Security.
Sep 27, 2017
Join this complimentary webcast to learn ways to become more proactive.
Sep 21, 2017
Join an engaging discussion, fueled by new research, that reveals consumer and advisor perceptions about market volatility.