Ten tips for surviving an audit
By Staff WriterDon't submit to an audit on the spot if it upsets essential client meetings. Don't try to anticipate what the auditor will focus on. Develop a compliance manual for your practice. Don't apply logic to SEC requirements. Assig
August 15, 2008
High-net-worth individuals41%: Percentage of high-net-worth individuals without a primary financial advisor. 50%: Percentage who are pessimistic about the economy in the next one or two years. 22%: Percentage who have put off or delayed estate planning. 4
August 14, 2008
Retirement saving increasesA study by Fidelity Investments found that despite economic pressures, Americans are saving more for retirement in 2008. The average pre-tax contribution to 401(k) accounts...
August 14, 2008
Going the extra mileThe following is based on one of Norm Trainor's clients, Wes Barrett. Top advisors have one simple message that describes what makes them unique. When someone asks Wes Barrett what he does, he responds by saying, "We help our clients
August 14, 2008
High-net-worth individuals41%: Percentage of high-net-worth individuals without a primary financial advisor. 50%: Percentage who are pessimistic about the economy in the next one or two years. 22%: Percentage who have put off or delayed estate planning. 4
August 13, 2008
Overexcited overseasAre your clients overexcited about investing opportunity overseas? If so, how do you convey the dangers of performance chasing in a global economy?
August 13, 2008
Greenspan's gripesI'd chalk it up to the ranting of a crotchety old man, but the guy's as sharp as ever. In an interview this week with...
August 13, 2008
Global recession fears upAccording to a Merrill Lynch survey, almost one-quarter of fund managers think the global economy is in a recession, and almost one-half think one is...
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