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Of the many tasks you manage, the toughest to master may be your face-to-face interactions with clients. The highlight of the day for some advisors, it is the most confusing and opaque of jobs for many others. Either way, poor client communication...
What does integrity have to do with superior portfolio performance? A lot, say researchers in a study released in May, which found that advisors who demonstrate high levels of moral and emotional competency outperformed the S&P 500 by 73 percent...
Tampa: I feel that we're continually asked to cull the bottom of our book, says Sean. But what do you consider to be the ideal number of clients for a 21st Century financial advisor? Sean was honing into the heart of what has become an essential...
My client has money with me, refers clients to me, and quite frankly, is a great friend of mine. His wife has given me a million to invest for her. Only, she has kept this money separate from him; it was an inheritance from her mother. He keeps...
Why have just one broker/dealer relationship when you can have three or four? Only one-third of affluent investors work with a single b/d, while 35 percent of investors are now working with two b/ds, and another 35 percent have relationships with...
It is no secret that Wal-Mart has an insatiable appetite for expanding the reach of the products and services it offers. But now, behold, the behemoth has ventured onto your turf: financial advice. Meet Wal-Mart Easy Investing by Sharebuilder. Wal...
Citigroup Dinged $15 Million: The NASD settled with Citigroup Global Markets to the tune of $15.2 million for charges related to misleading documents and inadequate disclosure stemming from retirement seminars and meetings with BellSouth employees...
Are you an advisor or a broker? Yes, we know, you're a financial advisor, or a wealth manager or whatever fancy term you use to win clients and gather assets. And that's just the problem: Many Series 7 holders out there are positioning themselves...
Registered Rep. spoke with Mark Goldberg (former CEO of Royal Alliance Associates) about his new endeavor, Private Wealth Management, which provides independent wealth management firms with capital to help them grow. Registered Rep.: What does...