Stagnant RIA Growth Demands Pricing Change
Fidelity report suggests advisors must do better at "change management," particularly in matching their pricing with value delivered and forming a digital strategy.
Schwab to Launch Hybrid Robo-Advisor Service
Schwab Intelligent Advisory combines the service of a “live credentialed professional and logarithm-driven technology.”
Can an Algorithm Assess Investors’ Complex Financial Needs?
“The future of financial advice is bionic,” CEO David Siegel of Investopedia said.
Key to Advisor Success: Having the Discipline to Finish
The industry is seeing profits shrink. To reverse this trend, owners should view their firms as “finished” but never “done.”
Anthony Iannarino: How to Win Clients and Influence Prospects
Sales guru Anthony Iannarino talks to ThinkAdvisor about how advisors can be effective salespeople. (For one thing, pick up the phone.)
Which Robo-Advisors Are Best? To Find Out, an RIA Invests in Them
Condor Capital, a New Jersey-based RIA, invested in about a dozen robo-advisors to measure their comparable performance.
How the Best Advisors Are Like Olympic Athletes
The next generation of advisors is talented, adaptable and looking for guidance from the industry’s pioneers.
Your 2017 Incentive Plans: Be Careful What You Pay Staff to Do
One takeaway: Incentives based on individual competition do not motivate employees to work together, nor benefit the firm.
Flat Fees: Not as New as You Think
I know many advisors who instituted retainers but then switched back to an AUM compensation model; the benefit was to them and their clients.
Does Your Fee Schedule Need an Overhaul?
Commissions? Fees? Retainers? Why there is no such thing as the perfect fee schedule.