A Grim Picture of Advisor Growth
A new study by the Financial Planning Association shows that advisors are not living up to their full potential when it comes to having a business plan and attracting new clients. Only 9 percent of advisors say their business development process is ‘very effective,’ and over half give themselves a failing grade, according to the survey of 434 financial planning professionals. And less than a third have a formal, written business plan.
From Wall Street to Sand Hill Road
BNY Mellon has opened an innovation center in the Silicon Valley in an effort to develop more emerging technologies, including mobile tech, cloud computing, information security and decision science/analytics and collaboration technology. The firm brought on Michael Gardner, most recently with Apigee, to lead the new facility.
Holiday Shopping, AARP-Style
The American Association of Retired Persons, aka AARP, has put together a list of books to get those senior clients who may be less tech-savvy.
Commonwealth Tops in Massachusetts
Commonwealth Financial Network has been named as one of the top places to work in Massachusetts for the seventh year in a row by the Boston Globe. Measured by employee happiness related to company direction, execution, employee connection, work load and responsibility, management, and pay and benefits, the firm was named No. 5 overall among firms with between 250 and 999 employees.
