Pursuing Practice Excellence: The Advisor Perspective
In the first of a series of reports by the Investment Advisor Group and ActiFi on our breakthrough practice management study, advisors told us their needs and which partners they rely on—and don’t—for practice management solutions.
Pursuing Practice Excellence: The Study
Over the past six months, the Investment Advisor Group has partnered with ActiFi Inc. on what we humbly consider to be a breakthrough research study about advisor practice management.
Defining Practice Management: The Advisor Perspective
When advisor participants in the “Pursuing Practice Excellence” study were asked to provide a two- to three-sentence description of what practice management means to them, these are the words most often used:
Top 10 Technology Trends for Advisors and Their Partners, Pt. 4: Integrated Workstation
Significant investments are being made by large financial institutions and niche software providers for the sole purpose of allowing advisors to plug-and-play different software solutions into “their” advisor workstations.
Top 10 Technology Trends for Advisors and Their Partners, Pt. 3: Mobility
Within five years, every advisor and institution will need to have a credible mobile offering or risk becoming irrelevant.
Top 10 Technology Trends for Advisors and Their Partners, Pt. 2: Increasing Technological Capability
Cheaper storage, more and faster processing power and greater bandwidth and communications speeds will—and are—affecting your businesses now.
Top 10 Technology Trends for Advisors and Their Partners: Part 1, the Big Picture
The 10 top short- and long-term tech trends that will affect you and your partners. Forewarned is forearmed.
Practice Management Primer, Pt. 7: Putting the Model Into Action
You've got the path to follow, now set off on the journey with a focus on execution.
Practice Management Primer, Pt. 6: How to Benchmark Your Firm
Evaluating your practice management plan’s effectiveness is crucial, as is benchmarking your firm against your peers.
Practice Management Primer, Pt. 5: Accurately Measure Your Success
Why it is essential that you accurately measure your success when implementing practice management changes. Our recommendation: use a KPI.