Perhaps one of the more critical success factors in achieving your 2011 technology goals involves deciding when it is time to introduce a new technology objective. This is particularly critical at the start of a new initiative. Be sure to take inventory of the overall business volumes within your firm, and the capacity of your staff, and determine who is available. It is very important to be realistic—if several staff members are going to be out of the office, then perhaps it is more beneficial to delay the start of the initiative. Unfortunately, it is all too common for an initiative to get “kicked-off” without the proper resources available. Sometimes the decision to start an initiative is best correlated to a particular time of the year. Be cautious about starting significant projects around the end of a quarter, during tax season or other busy times of the year.
Focus working with mature clients including what are the characteristics of a sound goals-based investing method, how big is longevity risk, and a reevaluation of...
Digital Transformation and the Advisor: Keeping pace with a rapidly evolving competitive landscape will show you how to take advantage of—rather than feel threatened by—financial...
Secure the future of your business with customers from the largest generation in history.
Oct 20, 2016
Learn what critical roles document management serves for wealth management firms and their practical operational advice for running a viable business.
Oct 05, 2016
Some broker-dealers have already decided to exit certain lines of business and are sizing up how the rule will impact their IT and compliance budgets....
Sep 13, 2016
Nationwide is providing a deeper look into the rule’s implications and a discussion of decisions firms will need to make in order to comply.