Client Outreach
The latest news and advice about successful client communications, including the best methods and strategies for financial advisors.
Thinking About Starting a Client Advisory Council? Don’t.
By Angie HerbersIn my experience, client advisory councils are way more trouble than theyre worth, though if you must create one, fill it with business-owning clients.
August 30, 2012
Investors Lack Basic Financial Literacy Skills: SEC StudyRetail investorsparticularly minorities and the elderlyfail to understand concepts such as compound interest, inflation or the differences between stocks and bonds, according to a just-released study by the SEC and the Library of Congress.
August 30, 2012
Don’t Pay for Your Kids’ College, Wealth Manager Urges BoomersWhile boomers may feel a sense of desire or obligation to pay for their childrens higher education, they do so at their own risk to their retirement, says Cathy Pareto, a wealth manager in Miami.
August 29, 2012
‘Where Did My $35,000 Go?’— Advisors Face Identity Fraud RiskThieves are starting to reach out to their victims financial advisor and request a wire transfer of thousands of dollars, says Jean Chatzky in a This Week in Your Wallet column.
August 29, 2012
Breakaway Brokers May Be Driving Up AUM FeesAnswering one CPA/advisor reader's query about raising fees prompts a closer look at fees over all: Charge more? Charge separately? How will clients react? All is revealed
August 28, 2012
15 Best Small Cities for Successful AgingThe Milken Institute study looked at 259 small U.S. metropolitan regions and ranked each based on 78 variables.
August 27, 2012
Financial Literacy and Gaming: Match Made in Education Heaven?A computerized financial literacy game grounded in the real world teaches 16- to 22-year-olds the financial facts of life.
August 27, 2012
Insights From the 2012 Top Wealth Managers Survey, Pt. 3: Siren Call of the HNW ClientIn part three of our analysis of this year's Top Wealth Managers, insights into the tipping point of HNW clients, profitability and productivity, and a look at the future of wealth management.