Despite years of industry hype about how social media can be a valuable marketing tool for advisors, especially among younger prospects, millennials don’t actually want to communicate with financial services firms on social networks. Only 0.03 pe...
With many people planning on supplementing their retirement savings by working longer or obtaining part-time jobs, financial advisors may need to take on the role of health and fitness coach to help achieve that outcome. A new study by Merrill Ly...
Nearly two-thirds of Americans aren’t interested in getting financial advice—about 65 percent, according to a recent TIAA-CREF survey.
But it's not all bad news. TIAA-CREF’s third annual Advice Matters survey of more than 1,000 adults reveale...
The number of women in financial services is growing, but banks are leading the way. According to data provided by Cerulli Associates, women now represent 11.5 percent of all financial advisors, up from the 7.9 percent the firm reported in 2012. ...
There’s a 58 percent chance that financial advisors will be “bot-sourced,” that their jobs will be replaced by a robot or computer, according to a recent Oxford study...
Recent financial planning graduates of CFP-Board registered programs can now refer to themselves as “CFP candidates,” a rule change aimed at boosting completion levels of the designation among young advisors entering the industry. ...
Industry coaches are always stressing the power of referrals. And true, passive referrals from existing clients was the top marketing method for attracting new clients in 2013, according to WealthManagement.com’s AdvisorBenchmarking RIA...
Both investors and their financial advisors are carefully watching the market ups and downs. Half of advisors say the top investor-initiated conversation is focused around market volatility, according to Russell Investment’s Q2 Financial Professi...
So called “robo advisors,” startups that have made big bets that individual users will increasingly get financial advice, portfolio strategies and clear performance metrics directly from online platforms, are gaining steam. Assets in...
