First Quad-A Conference Bridges Gap for African-American Advisors
Although the industry is becoming more diverse, most African-American advisors still "operate individually," says planner Brewer, "and it’s hard to find others and make connections."
Stock Jocks Get Their Knocks at BDs
The number of transactional representatives will shrink further as their risk versus reward to BDs no longer supports their business—and compliance—models, Jon Henschen writes.
Caveat Empty: Most Clients Don’t Understand the Brokerage Business
The principle of caveat emptor went out the window when brokers started using the moniker “advisor” to evade the ’40 Act standard.
Going Indie? Choose Your Tech Tools Wisely
As a newly independent advisor picking tech tools, I felt like a kid in a candy store. But it’s important to build slowly and prioritize.
Brokers' Views on DOL Fiduciary Rule Seem to Diverge From Their BDs'
Broker-dealer firms generally and overwhelmingly reject the Dept. of Labor's BICE requirement as “unworkable." Their reps are not so negative.
A Boon of Independence: Choosing Your Technology—Cost and Time
When considering what technology tools you should have in your practice, start with the services you offer clients, then consider the cost and time factors.
What the Rise of the Robos Really Teaches Us
Lessons advisors can learn to avoid going the way of the neighborhood bookstore. To begin, it's not about the technology.
Deadlock: Why the SEC’s Stalled on a Fiduciary Standard for Brokers
The views of the departing SEC commisioners capture the essence of the current fiduciary debate.
7 Steps to Boost Employee Innovation
To succeed, innovation can’t just be the firm owner’s job. Here are seven steps to encourage employee engagement.
Your Personal Road to Independence: Should You Take It?
If you’re an employee advisor, ask yourself these questions before you hit the independence accelerator, Mike Patton says.