Wealth Think

Coaching and consulting hundreds of advisors over the years has allowed Ron Carson to see several industry trends and lump advisors together into various buckets. One of these “buckets” is advisors who view human capital, technology, office space, coaching programs, etc., as an investment versus a cost. Advisors who view these areas as costs tend to experience less success and grow their business at a slower rate.

Ed Slott, Your IRA Expert, answers the question: Is it possible to transfer money out of my retirement plan and into an IRA and/or Roth while I am still employed?

Thomas Lee, the creator of the GIVE Strategy, explains how you can use the new tax deal to grow your practice.

An article on the topic Tuesday generated a lot of buzz on Twitter and resulted in an interesting discussion about best practices for financial advisors when communicating with wealthier clients.

The Marketing Maven offers marketing insights from the Ladenburg Institute of Women and Finance Symposium

If referrals play a key role in your marketing plans for the year, here are some key elements that must be addressed.

Jenni Rivera was a singer-songwriter, actress and Telemundo TV star who died tragically and now her estate will be as rocky as her life.

Ed Slott, Your IRA Expert, examines your IRA and 401(k) issues, including how does the IRS plan to provide relifer from strict Roth conversion deadlines for those impacted by Hurricane Sandy.

Every once in a while, advisors are presented with special opportunities to build trust and win client loyalty. It’s when clients are feeling excessive fear, uncertainty, or doubt, that it is your responsibility to reassure them, educate them, and guide them. With so many factors impacting your clients right now, what do they need from you?

As the wealth management industry continues to evolve, financial advisors have a broader range of choices than ever before in determining the structure and growth trajectory of their own practices. Competition for successful advisors with strong books of business among the wirehouses remains fierce, while opportunities for ownership in that world remain elusive.