Beyond entering and leaving the industry, changing firms is probably the most challenging, and potentially most rewarding, career move an advisor will ever make. But anxiety abounds: What about registrations? licenses? A new logo? New office...
Who runs the world? Women. Or, at least, research indicates that companies with more women in senior management have higher returns on capital, lower volatility and increased innovation. ...
Like many firms that have gone through rounds of mergers, acquisitions and changes in corporate directives and executive priorities, Merrill Lynch Wealth Management found itself tangled up in a hodgepodge of legacy technology, including their...
Registered investment advisors are a fragmented, diverse group, and often that’s fine with them. Most value their independence, and are more focused on finding better ways to work with their clients than with each other. ...
Practice management is a spongy concept, and trying to teach it at a distance is a bit like trying to teach someone how to ride a bike over the phone: “First get on the bike, then put your feet on the peddles. Finally, push down.” It...
If most financial advisors were honest, few would say they got into the business out of a passion for retirement planning. It’s usually an interest in investing, an eye for the markets and for portfolio construction. ...
Lack of funding is one of the major burdens borne by many would-be independent advisors. It can act as a barrier to starting a firm, limit growth and diminish options for a successful succession plan. Live Oak Bank is looking to change that...
The problem with most client-facing portals for financial advisors is that they take a one-size-fits-all approach.
But advisors have different types of clients, with different profiles, goals and preferences. And given that the financial advis...
In recent years, master-limited partnerships soared in popularity as investors sought out the high yields and tax advantages afforded by their pass-through income structure—no tax is levied at the corporate level as most income gets paid out...
