Mergers between advisors and accountants are often seen as marriages of mutual interest, but don’t kid yourself. Industry experts say there’s a Mars-and-Venus quality to the partnerships that makes success difficult.
For most advisors looking to grow through acquisition, the thorniest issue is finding the cash to do so. Traditional lenders generally frown on putting up money to help close the purchase of a financial practice...
Banks need to worry about their younger affluent clientele. Research by Aite Group shows that the Gen X and Y crowd (ages 21 through 46) are more willing to move assets when dissatisfied than their parents are (se...
On the surface, it appeared to reflect the dictum that on Wall Street the best FAs get better and the lowliest FAs fall behind...and pay the consequences.
The theme of the declining wirehouse industry is a narrati...
Pressed to fill its CEO position more quickly than it expected, the Financial Planning Association looked internally and went with Chief Operating Officer Lauren M. Schadle, a move that the board president says wi...
Ron Rhoades’ decision to step down as chair-elect of NAPFA may have been inevitable, but industry observers view his compliance error as a relatively minor mistake.
