Practice

Investors remain wary of the financial sector, which is bad news for advisors. But by examining the best practices of successful advisors, we can all learn valuable lessons about how to strengthen trust and build greater public confidence.

Thirty eight percent of fund firms across the country said that they will increase technology-related costs while a total of 17% of respondents said they expected no change in whether their firm's technology costs would rise or decline for the rest of this year.

Women are a growing economic force. They currently control the majority of wealth in the U.S. and are estimated to receive approximately 70% of the $41 trillion in intergenerational wealth transfers over the next several decades. It makes good business sense to learn how to attract and retain these economically powerful female clients.

Seeking a better way to share documents with wealthy clients, Exemplar Financial Network chose a Dropbox-like service with client-side encryption.

Government policy is becoming a more prominent topic of conversation between financial advisors and their clients, according to a recent study as well as anecdotal reports -- and remarks by the Federal Reserve chairman last week on the future of the Fed’s stimulus policy have spurred even more discussions about government policy.

Mercer has made three senior-level appointments to its global investments and retirement units in Europe and in the emerging markets.

FINRA's social media spot check notification last week shouldn't come as a terrible surprise to the industry. The announcement underscores the need for firms to thoughtfully develop clear policies to supervise and manage usage, content and engagement.

Thanks to video conferencing, RIAs have a much broader array of hiring options to consider.

Citi's social media guru Frank Eliason offers insights into how to pick social media partners, while consultants and lawyers share what's needed in any vendor relationship.

In the current issue of Bank Investment Consultant, recruiter and consultant Rick Rummage outlines five steps to improve your professional relationships. Here’s a shortened version of his advice.