Every business owner needs to be a good CFO and monitor the firm’s expenses. But one adviser’s cost-effective investment may be seen by another as too expensive. How you view a particular investment has a lot to do with three factors. Once you determine how these three dynamics influence your firm, you are ready to use what I call a selection grid to prioritize and make decisions.

Before you can create the grid that works for you, however, start by considering each of these elements:

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access