Working in teams improves efficiency for financial advisors. There are all kinds of team models, but a few basic rules can help set you on the right path.

Production and assets aren't the only things that factor into wirehouse hiring decisions. Even if all of your numbers look good, you might not get that six-figure upfront bonus. Here's why.

The good thing about the financial advisors is that they tend to be ambitious, Type-A personalities. They want to win. The problem with financial advisors is that they tend to be ambitious, Type-A personalities who always want to win. In short...

When the 7 becomes more of a burden than a benefit.

Private bankers can make a great fit for retail brokerages that are pinched for talent, but culture and compensation are sticking points.

There are good reasons to stay put, and there are bad reasons. If you're trying to decide whether to stick it out, make sure you know which is which.

Getting all of the members of a team to agree to switch firms together can be a major challenge.

Ambition, discipline, self-awareness and practice are the foundation of excellence.

Over the years, we've offered expert advice to financial advisors with business problems in our “Fix My Business” column. We thought it was time to check back in with some of the advisors we counseled to see how they fared.