Why AUM Fees Still Make (Im)Perfect Sense
A flat-fee model provides some benefits, but for retail clients and independent advisors, charging fees on assets under management is still the go-to model.
The Sad Case of Mark Spangler
The ex-NAPFA chairman, sentenced to 16 years in prison, is not the Spangler I know, but there's a lesson to be learned from his actions.
Advisor M&A and Succession Planning: Measuring Valuation
If you’re buying or selling an advisory firm or planning your succession, the "why" is as important as the "how" in determining the firm's value.
CFA vs. CFP: Really?
As if fiduciary CFPs didn’t have enough obstacles to overcome, now they’re getting criticized by CFAs (well, one CFA at least).
To Motivate Your Team, Drop the 49ers’ Owner’s Playbook
A word about compensating employees: If you want a business bigger than yourself, your biggest job is to motivate your employees to help you.
Does the independent advisory industry really need another study?
Why You Need Another Advisor to Plan Your Succession
When planning the team to advise you on your succession plan, take Gary Pittsford's advice and get another advisor (not the successor) to advise you.
Brian Hamburger: Stakes Are High for CFP Board in Camardas’ Lawsuit
The attorney and founder of MarketCounsel says lawsuit is an "accountability test" for the CFP Board.
The Vindication of History: Harold Evensky and CFP Lite
The CFP Lite designation promoted by Evensky 15 years ago could have raised the stature of professional CFPs, not to mention helping end clients.
Camardas 1: CFP Board 0. Where Does the Board Go From Here?
A U.S. judge's procedural ruling casts doubt on the CFP Board's strategy over Fee-Only Gate. Fortunately, there's a way out for the Board.