What You Think You Know About Advisory Firm M&A Is Wrong
Advisory firms that will sell at a premium in the future will be those with experienced, well-trained younger advisors, not the most profitable.
CFSI: Turning Greater Financial Knowledge Into Better Habits
Joshua Sledge of the Center for Financial Services Innovation works on initiatives to help drive healthier financial habits among lower-income Americans.
Advisors ‘Can Become Outdated Instantly,’ Schwab’s Clark Warns
Schwab study finds most advisors believe they'll continue to grow faster than the market, but Bernie Clark cautions not to become the “new traditional” firm.
The Price of Independence
When referring to oneself as an independent advisor, do you mean you are an independent business owner, independent in your ability to select technology and platforms, independent in your ideas and recommendations to clients, or independent from direct supervision?
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.’
Hold the Innovation! First, Build a Solid Foundation
A few years ago, I asked the financial planning class that I was teaching who invented the light bulb.
Supreme Court’s Obamacare Ruling Leaves GOP Few Options
Even if the Republican-led House and Senate were able to pass legislation repealing the health care law, Obama would veto it.
Retirement Service Providers Losing Plan Sponsors’ Loyalty
Plan sponsors feel less loyal to their retirement service providers, according to an annual index produced by research firm Chatham Partners.
Schwab Unleashes RIA Robo-Beast
Custodian’s institutional robo-advisor offering serves as “entry point” for “GenNow” clients, says Bernie Clark; 4% cash holding still required.
Why Advisors Need to Segment Their Clients: Cerulli
Client segmentation is critical to an advisory firm’s growth, productivity and profitability, according to new research from Cerulli Associates.