A clear target market is essential to a successful financial advisory practice. It's one of those mantras that's on every coach's lips. And yet, most RIA firms bring these target markets into fuzzy focus, at best...
Corporations were once considered the gold standard as the business structure for financial advisory practices, but that's been changing in recent years.
The financial crisis has been cited as one of the reasons why Americans are so unready for retirement. But, let's face it. The retirement crisis began well before the lost decade supposedly upset the Baby Boom generation's grand retirement plans.
Family businesses are the backbone of the American economy. In fact, 90 percent of the approximately 15 million businesses in the United States are considered to be family businesses, representing more than 60 percent of the gross domestic product...
