The global financial crisis has changed the game for wealth managers, as clients battered by bad news shifted their assets to less volatile, low-margin investments, weakening performance, and cutting into asset-based fees, according to a report by...
If you are hungry for success, you are always asking yourself the question: What are the top advisors doing? With the market in disarray, and affluent investor confidence in the financial services industry dashed, this question has become even...
With asset-based fees providing less revenue, advisors are embracing a wider variety of pricing models these days. According to a Schwab presentation from this year's Impact conference called Pricing Practices in Evolving Ultra-Wealth Marketplace...
The economic crisis has damaged revenues, business plans and most importantly, the trust of wealth management clients. According to an extensive survey conducted by PriceWaterhouseCoopers and released at the end of July, advisors who succeed in...
