As CEO of his own firm, Ken Fisher has a longstanding policy of banning the phrase “best practices,” because, he says, “best practices is a good way to get a lousy firm up to being a little bit better than average. What you really want is ‘not-yet-done practices.’ All best practices gets you to is where you’re operating the way all the other fellows are. It doesn’t give you any proprietary edge. Best practices don’t create exceptional; best practices would be very good for something like accounting, because you don’t want your accountant to do some ‘never-yet-done’ practice.”
Legacy planning can help advisors make connections to the next generation of wealth so that advisors maintain assets when clients pass.
Nuveen is among the biggest investors in high-yield muni bonds; closed-end fund prospectus registered Thursday with the SEC.
The Sunshine State nets $17.2 billion from inbound moves vs. outbound.
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A full-service solution that helps you improve your process and client relationships sounds great, but you must be able to determine what will best help your firm grow.
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New communication tools can open up your firm to risk and prohibition is not prevention. Learn five key practices you should implement now.
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