Managing compliance responsibilities
By Staff WriterRegulatory compliance is a crucial part of doing business. Here are some suggestions for efficiently managing compliance responsibilities: Devote resources up-front to compliance efforts. Be...
May 28, 2008
Three skills for effective communicationCommunicating effectively with clients involves three major skills, according to Hendrie Weisinger, in his book "The Emotionally Intelligent Financial Advisor." Use "I" statements to show...
May 28, 2008
IRA rollovers: 10 tips to get it rightThe potential business building benefits in the IRA rollover market is staggering - to say the least. But, so are the red flags and potential...
May 28, 2008
Go beyond a million-dollar practiceTo go beyond a million-dollar practice you should aim to bring in $50 million in new assets each year, according to David Mullen, Jr., author...
May 28, 2008
Supreme Court rules on 401(k) lawsuitsThe Associated Press reports that the Supreme Court ruled Wednesday that individual participants in the most common type of retirement plan can sue under a...
May 28, 2008
Turn prospects into clientsAccording to David Mullen, Jr., author of "The Million-Dollar Financial Services Practice," an advisor needs to aim to convert 10 prospects into clients to build...
May 28, 2008
Media as a marketing toolSavvy advisors can take advantage of media opportunities as a marketing tool, according to Derrick Kinney in his book, "Master the Media to Attract Your...
May 28, 2008
Weeding out ag fundsCommodity funds can be used to diversify a portfolio, but watch out for highly specialized funds, warns Emiko Kurotsu for Morningstar. Agriculture funds, in particular,...
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