Black Diamond Debuts at Advent Connect 2011

Sep 14, 2011

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Caryle Group’s Stake in Avalon Highlights Hot Texas Wealth Management Market

Sep 13, 2011

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Long Legislative Fight Kicks Off with House Hearing On SRO, Fiduciary Standard

Sep 13, 2011

It’s impossible to know what the sum of the day’s testimonies, questions and comments will lead to, especially considering that whatever bill emerges would need to also pass a Democrat-controlled Senate. Whatever the outcome, it’...

Houston Switcheroo: Top Wealth Managers Bolt Sanders Morris Harris for U.S. Capital

Sep 13, 2011

The fastest-growing wealth management market in the nation got a jolt yesterday as two top advisors bolted the well-established Houston firm Sanders Morris Harris Inc. to join upstart cross-town rival U.S. Capital Advisors...

More Than Half of Single-Family Offices Outsource Investment Function

Sep 12, 2011

Wealth managers got some good news today: Fewer chief investment officers are working inside family offices, according to a new survey by the Institute for Private Investors...

Recruiting Has Been Tough in 2011 but Experts Say It Should Improve Next Year

Sep 12, 2011

What a heck of a summer. In August, Mr. Market behaved like a schizophrenic. Such volatile conditions, no doubt, cool clients’ ardor for risk. For most, the challenge of merely keeping their clients calm takes precedence over seeking greener...

FSI: Calif. Sets Good Precedent With Independent Contractor Bill

Sep 09, 2011

Considered a win for independent broker/dealers and their advisors, the California state Senate passed a bill Thursday night that tightens rules governing independent contractor status but omits onerous paperwork requirements. The bill now moves...

House Proposes Bill That Would Give SROs Oversight of Investment Advisers

Sep 08, 2011

The House proposed draft legislation Thursday that would allow one or more SROs to oversee all investment advisers. The bill was trotted out by House Financial Services Committee Chairman Spencer Bacchus in advance of a Sept. 13 hearing to review...

How to Protect Aging Clients’ Finances

Sep 08, 2011

Bob Morrison was working up a comprehensive financial plan last year for new clients when he began noticing some odd behavior. Morrison, a planner based in Littleton, Colo., had been working with the couple—a 64-year-old man and his 52-year-old...

5 'New Advisor' Networking Tips for Tough Times

Sep 07, 2011

Detroit: “I’ve never been a natural networker” started Lisa as we wrapped up our webinar. “I read the Oechsli Institute's 2011 FA Report which stated that ‘strategic networking’ is one of the five high-impact marketing activities - so I guess I...