Asset Management Set for Radical Transformation: KPMG
The global asset management industry will radically transform because of seismic shifts in client demographics, technology and changing social values, KPMG says.
NAPFA Bans Stakes in Commission-Based Firms
The association will no longer allow members to hold a 2% ownership interest in a financial services firm that receives transaction-based compensation.
Want to Continue to Succeed, Owner-Advisors? Give Up These 3 Sacred Cows
Here’s the problem with success: what got you there won't bring you to the next level, so give up to grow.
Team Up to Stand Out: The 2013 People and Pay Study
Advice delivery does not necessarily have to be a team sport, but it is no coincidence that the industry’s most competitive firms are team-focused.
Are You the Star or the Coach?
Just as those who’ve experienced combat tend to be the ones who are most hesitant to declare war, it seems to me that the best money managers tend to be modest folks.
Going Back to Basics to Rebuild Our Business
A number of factors are putting the future of our business in peril. What are you going to do about it?
Too Small to Fail (at Succession Planning)
Judging by the amount of coverage succession planning has been getting in the trade press in the past couple of years, it is one of the most pressing problems facing the independent advisory industry today.
The Death of the Rainmaker
The days of the rainmaker are over. From Angie Herbers, here are four steps to a client acquisition process that really works.
When Advisors Face Creative Destruction
How not to go the way of the medieval scribes.
The Fall of the Face-to-Face Client Meeting
Recent studies find face-to-face meetings are happening only once or twice a year; most clients, especially younger ones, prefer virtual settings.