In this section we present key findings and insights from our survey questions on practice management and operations, including services offered, the most time-consuming activities, professional designations, custody relationships and documentation trends.
What do advisors who manage $2 billion, $500 million and $100 million in client assets have in common? I’ve found that integrity, objectivity and a fiduciary mindset guide their service model, in addition...
Recently, I was in the presence of a cynical financial advisor asking for “words of wisdom” in what was essentially marketing her services to cynical affluent prospects. ...
Do you know what your clients think of you? Probably not. So, we’re talking to some clients to get a firsthand glimpse of what’s really on their minds.
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The number of advisors who plan to sell their books of business will accelerate in the coming years. Don't complicate things by not having a succession plan.
We all know that advisors don’t have a great track record when arranging for what to do with their practice when they retire, especially solo practitioners. ...
With the various challenges advisors face today—from new regulations to competitive pressures from robo advisors—finding ways to spur firm growth can be difficult. While any advisor knows to cut costs and increase revenue, the process...
