Practice Management http://wealthmanagement.com/taxonomy/term/6620/more en Spousal Team Dynamics http://wealthmanagement.com/careers/spousal-team-dynamics <div class="node-body article-body">It takes willingness, understanding and a thick skin to make a spousal partnership succeed, but it’s worth it.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/careers/spousal-team-dynamics" target="_blank">read more</a></p> http://wealthmanagement.com/careers/spousal-team-dynamics#comments Business Planning Careers Fri, 19 Dec 2014 14:56:00 +0000 730061 at http://wealthmanagement.com Job Hoppers http://wealthmanagement.com/careers/job-hoppers <div class="field-deck"> Sometimes, the best training a financial advisor has is the years previously spent working in an unrelated profession </div> <div class="node-body article-body">Sometimes, the best training a financial advisor has is the years previously spent working in an unrelated profession. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/careers/job-hoppers" target="_blank">read more</a></p> http://wealthmanagement.com/careers/job-hoppers#comments Business Planning Careers Fri, 19 Dec 2014 10:10:00 +0000 730121 at http://wealthmanagement.com <p>David Ortiz operates his advisory firm, The Financial Chef, out of his restaurant in Coral Gables, Fla.</p> Photo by Tom Salyer U.S. Regulators Seek Information on Asset Managers' Risks http://wealthmanagement.com/regulation-compliance/us-regulators-seek-information-asset-managers-risks <div class="field-byline"> Reuters </div> <div class="node-body article-body">The U.S. financial risk council on Thursday requested information on asset managers' key risks as part of an attempt to determine whether the industry poses a threat to markets.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/regulation-compliance/us-regulators-seek-information-asset-managers-risks" target="_blank">read more</a></p> http://wealthmanagement.com/regulation-compliance/us-regulators-seek-information-asset-managers-risks#comments Industry Regulation & Compliance Thu, 18 Dec 2014 17:55:00 +0000 735041 at http://wealthmanagement.com <p>Regulators want information about asset managers&#39; liquidity, leverage, and how they could be resolved if they were to fail.</p> Copyright Alex Wong, Getty Images The Year of Financial Advisor Transformation http://wealthmanagement.com/practice-management/year-financial-advisor-transformation <div class="node-body article-body">If advisors want to capture a bigger piece of the pie, they’ll need to transform their business. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/practice-management/year-financial-advisor-transformation" target="_blank">read more</a></p> http://wealthmanagement.com/practice-management/year-financial-advisor-transformation#comments Business Planning Marketing Practice Management Thu, 18 Dec 2014 14:14:00 +0000 730081 at http://wealthmanagement.com cloudnumber9/iStock/Thinkstock The Daily Brief: What's Your Succession Plan? http://wealthmanagement.com/blog/daily-brief-whats-your-succession-plan <div class="node-body blog-body">The SEC is working on a rule that would require financial advisors to create transitions plans in case or retirement or a major disruption in their business. </div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/daily-brief">The Daily Brief</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/daily-brief-whats-your-succession-plan" target="_blank">read more</a></p> http://wealthmanagement.com/blog/daily-brief-whats-your-succession-plan#comments Blogs Business Planning Strategies Succession Planning College Planning Retirement Planning The Daily Brief Thu, 18 Dec 2014 10:00:00 +0000 734161 at http://wealthmanagement.com <p><em>Wavebreakmedia Ltd/Wavebreak Media/Thinkstock</em></p> An Amazing Cocktail Party http://wealthmanagement.com/client-relations/amazing-cocktail-party <div class="node-body article-body">Reading Tony Robbins' 600-page dissertation on the wealth management business, it reminds one of a cocktail party filled with unforgettable moments and regrettable interactions</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/client-relations/amazing-cocktail-party" target="_blank">read more</a></p> http://wealthmanagement.com/client-relations/amazing-cocktail-party#comments Business Planning Client Relations Practice Management Wed, 17 Dec 2014 20:54:00 +0000 734221 at http://wealthmanagement.com David_Rey/iStock/Thinkstock 5 Holiday Tips for Financial Advisors Mixing Business with Pleasure http://wealthmanagement.com/client-relations/5-holiday-tips-financial-advisors-mixing-business-pleasure <div class="node-body gallery-body">When you uncover a social event, whether it’s your client’s or one they plan to attend, your objective is simple; get invited</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/client-relations/5-holiday-tips-financial-advisors-mixing-business-pleasure" target="_blank">read more</a></p> http://wealthmanagement.com/client-relations/5-holiday-tips-financial-advisors-mixing-business-pleasure#comments Business Planning Client Relations Practice Management Wed, 17 Dec 2014 19:04:00 +0000 734181 at http://wealthmanagement.com These Factors Can Increase the Value of Your Firm http://wealthmanagement.com/business-planning/these-factors-can-increase-value-your-firm <div class="field-byline"> Bill Snyder </div> <div class="field-deck"> Many owners of financial advisory practices don’t know what their firm is really worth and, in fact, many believe it is worth more than it actually is. </div> <div class="node-body article-body"><p>Many owners of financial advisory practices don’t know what their firm is really worth and, in fact, many believe it is worth more than it actually is.</p> </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/business-planning/these-factors-can-increase-value-your-firm" target="_blank">read more</a></p> Business Planning Practice Management Wed, 17 Dec 2014 15:51:00 +0000 732961 at http://wealthmanagement.com zhz_akey/iStock/Thinkstock Benefits of Hosting a Client Appreciation Event http://wealthmanagement.com/client-relations/benefits-hosting-client-appreciation-event <div class="field-byline"> Rick Dahl </div> <div class="field-deck"> A client who feels appreciated is far more likely to stick with you through a down market, continue to consolidate accounts with you and is more likely to give you referrals </div> <div class="node-body article-body"><p>A client who feels appreciated is far more likely to stick with you through a down market, continue to consolidate accounts with you and is more likely to give you referrals</p> </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/client-relations/benefits-hosting-client-appreciation-event" target="_blank">read more</a></p> Business Planning Client Relations Practice Management Wed, 17 Dec 2014 15:20:00 +0000 733001 at http://wealthmanagement.com bizoo_n/iStock/Thinkstock Most RIAs Spend 2% of Revenue on Marketing http://wealthmanagement.com/marketing/most-rias-spend-2-revenue-marketing <div class="node-body article-body">RIA firms spend an average 2 percent of total revenue on marketing and business development, according to the 2014 Fidelity RIA Benchmarking Study. “You got to dedicate some time and some money,” said Fidelity's David Canter. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/marketing/most-rias-spend-2-revenue-marketing" target="_blank">read more</a></p> http://wealthmanagement.com/marketing/most-rias-spend-2-revenue-marketing#comments RIAs Marketing Wed, 17 Dec 2014 13:00:00 +0000 732981 at http://wealthmanagement.com