Table 2: Income Statement Averages
By Staff WriterAverage Fee-Only Financial Advisor Your Practice Partner Leverage (Employees/Partners)3.4 Revenues/Assets (Return on Assets)74 basis points Pretax Profit Margins38% Source: Tiburon Strategic Advisors Fee-Only...
February 01, 2004
It's Tough to Stay on Top, Even in a Very Good YearDespite the overall market rebound, most of 2002's best performers couldn't maintain their top rankings in 2003. Category Fund Return in '03 Return in '02 Percentile...
February 01, 2004
That's Big of YouWhen February doldrums strike, people's most curmudgeonly tendencies seem to emerge. The more you want to hunker down and hide until brighter days arrive, the...
February 01, 2004
Protect Your PracticeGreg Thatcher works in security--computer security. His specialty is helping small- and medium-sized businesses cope with hackers. The San Francisco-based Thatcher usually gets called in...
February 01, 2004
A Better WorkstationThe new, improved Morningstar Workstation is likely to be well received by independent B/Ds and their reps. But it may be less appreciated by RIAs....
February 01, 2004
An Invitation From MerrillFor many independent financial planners and investment advisors, Merrill Lynch is the stereotypical wirehouse that exemplifies what's wrong with the financial services business. Like most...
February 01, 2004
More Stuff = Greater Happiness?Aristotle once said, "Happiness is the meaning and purpose of life. It is the whole aim of human existence." That statement is taken more literally...
February 01, 2004
Measuring UpThis is the final article in a three-part series on the challenges facing fee-only advisors, focusing this month on how advisors can use benchmarking tools...