3 Questions to Ask Before Going Independent
If you're considering going independent, as many readers have told me via email, ask yourself these three questions to get started.
Tom James: Who 'Changed Everything' at Raymond James—The 2015 IA 35 for 35
Tom James became CEO of Raymond James Financial in 1970, succeeding his father Bob, and held that role until 2010; he remains chairman, and remains highly active on the big picture level for the company but also in recruiting new reps.
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.
The Digital Advocate: Your LinkedIn Centers of Influence
Advisors shouldn't just dabble in social media. Embrace LinkedIn in particular to reach COIs and professional advocates.
What’s Best for Clients Is All We Need to Know
Some want to confuse the fiduciary debate, but in the end—and the beginning—it's all about acting in the best interests of clients.
Nobody’s Worried About ‘Too Big to Jail’ Anymore
A criminal guilty plea no longer comes with the expectation that it will destroy a bank.
How RIAs Should Enforce Firm Policies and Procedures
Just having a manual isn't enough: advisors should take specific steps when a violation occurs, and regularly train all the employees of the firms on its policies and procedures.
Toward a Workable Fiduciary Standard for Brokers: The 7 Questions
To tell if brokers are really acting like fiduciaries, ask these seven questions about a client's portfolio to check for possible broker abuses.
The Future Is Here, and It Looks Like Vanguard’s New Platform
Machine intelligence now plays a critical role across all industries, says Google's Eric Schmidt; advisors ignore it at their own peril.
11 Steps to Successful Time Management for Solo Practitioners
If you’re an advisor working by yourself, organization is critical to building and sustaining your practice. Here's how I do it.