Brian Davis is a nice guy—almost annoyingly so. Most people are happy enough to talk about themselves, but Davis consistently highlights his team’s efforts in providing value and service at Scottrade’s institutional arm. “Value and cost [are] ingrained in our culture,” he tells Editor-in-Chief John Sullivan for Investment Advisor magazine’s July issue.
In the second installment of our Pursuing Practice Excellence survey, we look at industry leaders and their views on practice management and what it means to advisors. While all the data is still coming in (look for the final chapter in the August issue of Investment Advisor), it seems clear that most advisor partner firms recognize practice management is becoming a critical part of their value proposition and are dropping big bucks to support that.
Plus, AdvisorOne partnered with fi360 for the 2012 Article Competition. In the July issue of Investment Advisor, the winner, Gregory Kasten, presents fiduciary best practices for actuarial implementation that can consistently improve 401(k) participant outcomes.
If you haven’t heard of Scottrade Advisor Services, you’re forgiven. Started in 2005, the institutional side of the better-known retail counterpart is coming on strong, finding a niche among Schwab, TD Ameritrade, Pershing and smaller clearing and custody firms, not to mention the entire independent broker-dealer industry. Editor-in-Chief John Sullivan sits down with Brian Davis, division head and all-around nice guy, to talk about his team and how they’ve done so much, so fast.
In the second installment of our inaugural AdvisorOne/ActiFi Pursuing Practice Excellence practice management study, we take an objective, comprehensive look at what advisors’ partner firms are offering advisors in the practice management arena.
For this portion of the survey, we conducted comprehensive telephone interviews with 52 industry leaders from five different categories of firms to identify the gaps between what advisors say they need and what their partners are providing. Group-Editor-in-Chief James J. Green and ActiFi CEO and founder Spenser Segal break down to survey results.
AdvisorOne partnered with fi360 for the 2012 Article Competition. Here, the winner, Gregory Kasten, presents fiduciary best practices for actuarial implementation that can consistently improve 401(k) participant outcomes.