New Resolutions for Old Challenges
As we head into 2016, a final rule from the DOL defining who is a fiduciary when giving retirement advice is finally, maybe, on the horizon and a looming talent shortage threatens to stymie advisory firm growth.
How DOL Fiduciary Will Change the Industry, and Careers
Whatever its final shape, the redefinition of fiduciary under ERISA will affect business models, compliance costs and possibly career choices.
How Advisors Can Profit From the Talent Shortage
The supply of new advisor associates is so low that the demand is driving compensation to astronomical levels, creating a dilemma for smaller advisory firms.
How Live Oak Is Solving RIAs’ Succession Problem
Many older advisors struggle to finance their succession deals. But Live Oak is willing to lend to advisors when many other banks aren’t.
Stop Blaming Millennials for Bad Management
I am beginning to think that the financial advisory business is suffering not from a talent shortage, but from a management shortage.
Couples Therapy: Working With Widows
I have to admit that I’m not a big advocate of trying to attract more of one gender or another into a given profession.
Before Buying New Tech, Use What You Have to the Fullest
Boosting client and staff adoption rates for your current technology will increase your efficiency and help you keep pace with changing client behavior.
The Hole in the (Fire)Wall Gang
The financial industry can consider it a sure thing that cyber-risk will hit different segments in different ways in the year ahead.
Before DOL Fiduciary Rule Change, Time to Act on Fees Is Now
If you’re not fee-based, here's your action plan before DOL's rule takes hold, according to marketing coach Bill Good.
Recruiting Roundup: HighTower, Securities America Add Advisors
RDM Financial becomes HighTower partner with $700 million in assets; Felix Jones leaves Holmes Organization with $80 million.