Practice

I have a very simple question to ask all of you. Suppose, by some miracle, that you were given an extra two hours a week to spend in your office. How would you spend that time?

Forget reinventing the wheel. Just copy what other top producers are doing. Better yet, hire a coach who has already identified those “best practices” and then pay them a fee to share the ideas and hold you accountable for implementing them. Is that really the key to success as an advisor?

49% of respondents to the PricewaterhouseCoopers study said they find it difficult to meet their household expenses on time, up from 43% a year earlier.

There are rumors the administration is working on a "package" and will present a slate of nominees for financial services jobs soon. Let's hope so. But what's taking so long?

While there has been talk of an economic rebound, individuals are not feeling financially secure, a survey by First Command found.

Among working Americans making at least $30,000 a year, paying bills and reducing debt are greater concerns than saving for retirement, a “Financial Wellness” survey of 1,610 adults by PwC found.

Advisors are struggling to come up with a better retirement income portfolio solution, which we believe we have found. This is not just about dividends. Inflation is a major concern long term that advisors not only need to be aware of when building retirement portfolios but must have an effective portfolio management solution.

According to the FINRA survey, in addition to these worries, fewer than half of current retirees said they were working with a financial professional to handle their retirement assets. Only one in five reported having a written plan for retirement.

A decade after its launch, Bank of America Merrill Lynch's 401(k) platform for small businesses is approaching 1 million participants — and it's expanding beyond its signature 401(k) focus.

The combination of extortion and the use of threats to air an alleged extramarital affair against a state official is probably not the best way to win an investment contract at the New York State Common Retirement Fund.