Most advisors will lose clients’ assets when they are passed down to the next generation. Julie Littlechild, CEO and founder of Advisor Impact, spoke with WealthManagement.com about where advisors are going wrong, and what they can do to fix it.
The next wave of online advice platforms will be smarter and faster than what's come before. They won't put you out of business. But they will squeeze your fees and give your clients the tools to hold you more accountable.
More than 300 exhibitors filled the hall at the Schwab IMPACT conference this week, and that means lots of swag. But this year many exhibitors drew people in by offering them a unique experience, rather than just stuff. Here's the top 10 swag from Schwab.
As financial advisory firms seek to differentiate themselves by focusing on "client experiences," the industry will bifurcate—low-cost providers with high volumes at one end, and premium providers focusing on niches at the other, according to United Captial's Stephanie Bogan.