Advisor Mark Balasa Worries Clients Are ‘Preoccupied’ With Politics
When Mark Balasa of Balasa Dinverno Foltz says in a conversational but concerned tone that he’s never seen clients exhibit such a “preoccupation with politics” as they do now, you pay attention.
Doing It Right
David Grau’s been a friend of mine since 2001, when I worked with him and his newly formed FP Transitions for a few years to brand their expertise in helping independent advisors realize the value in their practices.
Fidelity's Durbin Asks: Need Another Reason to Leave Wirehouses? Taxes?
Fidelity white paper explores the taxation issues that arise when advisors switch business models from captive wirehouse to independent RIA.
Why “Small” Firms Are Plenty Valuable to Thousands of Advisors
Even if a bank or rollup venture doesn't have much interest in your firm, it still has great value to you, and to thousands of advisors like you.
On Small Firms, Mark Hurley, Valuation Is in the Eye of the Beholder
Despite Mark Hurley's contention, at least the most vocal financial advisors agree with me that small advisory practices do indeed have value.
Mark Hurley’s View Askew
A constant theme in Mark Hurley's work is questioning the value of smaller advisory practices.
Mark Hurley on the Value, or Lack Thereof, of Your Practice
Mark Hurley created a firestorm of criticism and soul-searching with a paper he co-wrote while at Undiscovered Managers in 1999.
Editor's Note: Different Trains
I've been covering the business of independent financial advice-givers for long enough that like high fashion, or low, I've seen styles run several cycles. As...
Fresh Look at a Fresh Start
Welcome to the demographic squeeze: Older partners are looking to cash out shares; younger would-be partners are itching to buy in. The older partners deserve...
Exit planning strategies
When David Bugen and his partners decided to establish a plan for an eventual ownership transfer of Regent Atlantic, their priority was to ensure their...