November 21, 2013
To solve problems and get fresh ideas, two minds -- or 5 to 6 for that matter -- are better than one. Here are a some study group best practices for advisors.
November 20, 2013
Why one firm scrapped its old minimum asset requirements and created a new client division.
May 7, 2013
Here are five critical things blogger Bill Cates believes advisors should do to turn a referral into a quality introduction.
November 5, 2012
Research tells us that 90% of heirs will reject their parents’ advisors, and 70% of widows will change advisors after their husband’s death. Can you afford that level of loss?
Bill Chambers and Joe Stensland
November 1, 2012
Times have changed, of course, and advisors and their clients interact with each other and with financial data in more dynamic ways. Clients have easy access to abundant consumer-oriented financial data and sophisticated investment analytical tools. They also expect their advisors to produce answers whenever they want them, no matter where the advisor might be at the time the question arises.
September 19, 2012
Savvy financial advisors are using social sites to differentiate themselves from the competition and to build trust and credibility. Perhaps the biggest reason for financial advisors to get involved in social marketing can be summed up in four words: Your customers are there.
September 12, 2012
It's no secret that the rise of mobile devices has created one of the largest shifts in consumer behavior in the last 40 years. ABI research reports that 1.2 billion smartphones will enter the market over the next five years and Morgan Stanley predicted that web browsing on mobile devices is likely to overtake desktops within the next couple years. Is your website keeping pace?
June 12, 2012
Advisors clearly need to change how their practices are staffed up in order to meet the challenge of running clean, client-focused businesses.
May 2, 2012
Financial advisors sometimes puzzle over how to effectively reach and serve black and Hispanic clients. A Vanguard study released recently suggests they can start by drilling home a simple message: emergency savings accounts are a must.
April 20, 2012
LPLs board of directors has been putting a lot of trust lately in some of chairman and CEO Mark Casadys longest-serving, highest-flying lieutenants.
March 14, 2012
Financial Planning Senior Editor Donna Mitchell says there are a litany of business models and management options available outside the structured walls of wirehouse firms.
February 3, 2012
For planners with energy to spare, pro bono work promotes the concept of holistic financial planning in compelling ways.
January 6, 2012
Most industry professionals who know their mobile apps say every firm should have one, especially those that claim to be serious about being accessible to their clients.
November 30, 2011
The repeal of the 3% withholding tax might actually make life easier for financial planners and their clients.
November 23, 2011
Business is running smoothly now, but Financial Planning senior editor Donna Mitchell says ARGI Financial had to overcome some operational hurdles ultimately changing custodians and back-office systems to get to this point.