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.
Here's a fun fact to know and tell: The average fortune that men and women demand when it comes to marrying for money is $1.5 million, according to a recent survey by Prince & Associates, a Connecticut-based wealth research firm. Of the 1,134...
The Hartford Financial Services Group Inc. hired Peter Smythas its senior vice president and director of strategy, development and operations for International Wealth Management. Smyth previously worked for ING Asia Pacific in Hong Kong, where he...
Registered Rep: Cheers! It is your 50th year with Davidson Companies. How have advisors changed in that time? Ian Davidson: The entire investment business has changed. We have more investment advisors, they are more professional and it is more...
It may not come as a surprise that 58 percent of New Year's resolutions are finance related. Sadly, 51 percent of finance-related resolutions fall by the wayside within a month, according to a Harris Interactive survey. The most popular...
With 77 million baby boomers approaching retirement, advisors are surely looking for ways to win their business. One way? Financial gerontology. That's according to a recent survey by Rydex AdvisorBenchmarking, whose study specifically addresses...
What to do with the securities industry's Depression-era regulations that have investors confused over the difference between a registered investment advisor and a registered rep? After more than a year of collecting and analyzing data, the much...
An advisor running his own RIA firm recently wrote a how-to book, fulfilling a long-held dream to become a published author. But, he wonders, how much time can he devote to marketing the work without it seriously taking away from his client...
In His New Book, Donald Trump admonishes us to Think Big and Kick Ass in Business and Life (Collins, $26.95). Tired of thinking small and failing to kick ass, I ventured to the Javitz Convention Center on New York City's west side one weekend in...
Much has changed since Elliot Spitzer's efforts exploded the well-entrenched preferred list model for mutual fund distribution. Centralized home-office due-diligence teams are now in the driver's seat, with advisors selecting products for their...
Ignore the Next Big Thing? Who would do such a thing? The fee-based model, with its steady stream of revenue, is an attractive way of doing business for lots of advisors. And it has been billed as the newest rage for years now. But there are still...
