Listen Up, Advisors: Only Fire Clients When It Makes Sense
You may have learned about how to fire a client, but not about the most important factors in this decision: hiring and timing.
TIAA-CREF to Buy Nuveen for $6.25 Billion
Nuveen will operate as a separate unit within TIAA-CREF’s asset management business and retain John Amboian as CEO.
The Single Most Important Factor for Improving Your Firm’s Performance
If you are trying to give your advisory firm a makeover, here’s how to avoid setting yourself up to fail.
Advisors Not ‘Walking the Talk’ on Client Service
SEI compares advisory firms’ client service to exercise: Advisors know they need to do better, but it’s easy to get off track.
Direction Finder: Tell Your Employees Where You’re Headed
It’s probably the most common scenario in independent advisory firms today: employee goes to firm owner demanding a raise, a promotion, partnership in the firm or some combination thereof.
Companies’ 401(k) Match Gets a Critical Change
Employers that suspended the match during the recession are restoring it with workers’ retirement readiness in mind.
Top Portfolio Products: New Arbitrage Fund From Touchstone
Commonfund launches a new program, staffs up; AllianceBernstein adds a share class.
New Hire Roundup: IMCA Announces 2014 Board
Also this week, Celine Colgan joined the Presidio Group, Girard Securities welcomed David Bombart and National Planning Corp. promoted Scott Montgomery.
RIA Growth Inevitable as Brokers Go Indie: S&P Capital IQ
Brokers’ move to independence is one of the fastest growing trends in wealth management, and RIAs are poised for more growth, S&P Capital IQ says.
A Born Advisor: Profile in Success
For Alissa Carloss of Morgan Stanley in Jackson, Tenn., the financial advice business is a family affair, including her father and mother.