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The uncertainly of regulation and their own survival is at the root of advisors’ stress, but there are also some positives of the job.
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“Securities that offer souped-up returns are just too dangerous,” says Executive Vice President Jim Ross.
April 30 -
Critics say SEC efforts to regulate advisor titles could produce a game of whack-a-mole, as non-fiduciary financial professionals adopt other terms intended to blur lines.
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A massive acquisition also helped boost the No. 1 IBD’s headcount by 833 advisors year-over-year to 15,210.
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Michael Costonis is the global insurance practice lead for Accenture, helping P&C and life clients chart a course through digital disruption and capitalize on the opportunities of a rapidly changing marketplace. With more than 25 years of experience in insurance, Michael has helped shape the future for some of the world’s most successful companies: developing strategies, managing technology transformations and navigating business process change. In his career with Accenture, he has worked with more than 50 leading insurers in 18 countries.
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The products are designed to provide some upside potential yet limit investment risk, which has helped boost their popularity.
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The stresses of the job practically demand that we have people to confide in when the going gets rough, Michael Kitces writes.
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