Assessing a client’s risk tolerance is often the automatic first step for every advisor today. But the questionnaires meant to get at the issue aren’t always up to the task.
Ever forget to follow up with a prospect? Send an email and then misplace their response in your maw of an inbox? PolitePersistence may have an answer. The app allows users to send emails and schedule follow-ups right from its main page. Integrat...
Financial Services Roundtable’s CTO Dan Schutzer walks us through his idea for an online safety deposit box, and if clients can ever, or will ever, completely trust their financial data in the cloud...
Just six weeks after Morgan Stanley tapped Shelley O'Connor to lead the firm's more than 16,000 financial advisers, the managing director sent a memo Tuesday streamlining upper management. The restructuring reduced the three geographic...
The calendar is a convenient organizing principle, but it is in no way the optimal one for taking care of wealth management clients in the 21st century.
Transamerica Financial Advisors agreed to pay $1.1 million to settle the Securities Exchange Commission's allegations the St. Petersburg, Fla.-based firm improperly calculated advisory fees and overcharged its clients...
Financial professionals can readily embrace many of the attributes and business practices that have propelled startups such as Facebook, Paypal, Twitter, and hundreds of others into multi-billion-dollar enterprises. Best of all, these lessons can...
Whenever given a microphone and a stage, I take the opportunity to warn investors and financial professionals alike against the harm of keeping too close a tab on the financial news. Since my exhortations to turn off the TV are so roundly ignored...