Why Bob Veres Is Wrong on Flat Fees
Sorry, Bob, but from a client's perspective, flat fees fall flat.
Endorphinomics: Working on Happiness
“At the awards ceremony, the firm's president recognized Toby with the ‘Top Producer’ award because he had (drum roll, please) ‘generated over $3 million of gross revenue in the previous year.’
Has Deborah Fox Cracked the Millennial Code?
The Fox Financial Planning Network CEO says she offers a solution to how independent advisors can retain client assets from one generation to the next.
Luring Millennials Is a Waste, Take 2: Serving the Children of Clients Makes Sense
It seems pretty clear that millennial clients are not going to fit into the AUM fee business model of many independent advisors. However...
Luring Millennials Is a Waste of Advisors’ Time
Advisors are bombarded these days by urgent calls to attract young clients. Here's why that advice is off the mark, editor-at-large Bob Clark writes.
Why It’s So Hard for Brokers to Act in Clients’ Best Interests
A study covered in "Freakonomics" confirms: There is more money to be made taking advantage of investors than there is acting in their best interest.
Who’s Your Robo?
In today's digital world, “online service” is largely an oxymoron. That's why I'm not too worried about the threat of robo-advisors.
What Firms Claim About Their Brokers’ Fiduciary Duty (and Lack Thereof)
Broker-dealers publicly market themselves as putting their clients first. But when it comes to arbitration cases, they sing a different tune.
Clients Deserve a Clear Choice Between Sales and Advice
There's nothing wrong with commissions as long as the “clients” understand that they are getting “sold” rather than “advised.”
Is Fiduciary Sales an Oxymoron?
DOL and SEC need to make the distinction between sales and advice clear—and stop letting anyone other than an RIA call themselves an advisor.