When it comes to negotiating compensation for yourself, you should propose a fair compensation package. In using that phrase, I’m not talking about those “fair wage” programs that we saw when I was in school back in the ’90s, where some “impartial” analysts would determine that being a hairdresser was equivalent to, say, an airline pilot, and recommend the same six-figure salary for both. But I am suggesting that facing off with your prospective employer like he was a used car salesman trying to unload the last Hummer on the lot might be counterproductive. Remember, hopefully, you’ll have to work with this guy for many years: ill will created at the negotiating table can carry over into your working relationship. (Sports and entertainment stars use agents to remove themselves from the actual negotiations, but often even that doesn’t keep the perception of overly aggressive bargaining tactics from damaging relations with the coach or director.) Almost always, the best deal is a win/win for both sides.
Many clients may have a distorted idea of what your job is really like.
Also, Solactive launched a new line of ESG benchmark indexes.
The economist and asset manager says the slowing global economy is heading toward a period of deflation and likely recession.
Sponsored by FTJ | FundChoice
You need a way to effectively manage client expectations, especially when the market makes erratic swings. Answers to three key questions will give you a great place to start.
Sponsored by Orion Advisor Services
Winning & retaining clients in today’s landscape requires you to have the ability to customize portfolios to their individual needs.
Sponsored by American Portfolios
Get three key strategies to help keep clients from harming their own financial futures.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.