Given that I must disclose on my Form ADV that we accepted the aid, I had to ask myself difficult questions about possibly over-zealous regulatory scrutiny as well as my firm's reputation, this advisor writes.
May 15
Practice Management Resource Center
The most up-to-date practice management news, trends and resources for advisors
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April brought the highest unemployment since the Great Depression. Some of these people are our clients.May 10
President and founderEmpyrion Wealth Management -
“The world has become more digital, less global and more local,” says Amy Lo, co-head of the firm’s Asia Pacific wealth division.May 8
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In just two days, technology and remote staff helped ex-Wells Fargo FAs managing $281 million open client accounts at their new employer.May 8
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“This virtual program will fill a major a hole left by internship cancellations,” says FPA President Martin Seay.May 6
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As soon as the program was announced, I not only advised my small business clients to apply; I also tried to figure out how to take advantage of it myself.April 30
President and founderEmpyrion Wealth Management
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My broker-dealer warned that since it’s a forgivable loan it could be seen as a compromise with creditors.April 22
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Advisors — some inspired, some resistant — envision client contact in a post-coronavirus landscape.April 8
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As a longtime proponent of flat fees, I see a lot of pain ahead for firms that rely solely on assets under management.March 23
Director of PlanningLife Planning Partners
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Before you do anything else, make sure your practice is optimized for a remote-office situation. Are there compliance standards you need to meet?March 18
CEOThe Rudin Group
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First, prove you’re listening; then make sure they know you’re taking action to protect their portfolios.March 17
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You might consider an assistant, paraplanner or even another full-fledged advisor. I won’t debate the importance of these roles, but I would like to offer an alternative for your consideration.March 16
Chief Investment OfficerMomentum Advisors
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Almost 50% associate negative emotions with the practice. Here’s how planners can help.March 5
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This three-tiered model may help.March 4
Founder & Managing DirectorCruz Consulting Group
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When financial advisors consider both the hard-dollar and time investments required to land quality leads, everyone benefits.February 25
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We can all play a part in preparing for this and future outbreaks.February 25
Director of PlanningLife Planning Partners
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For many, the document is a significant source of confusion. Fortunately, one of the most persistent errors is easily correctable.February 24
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Two prominent female advisors are joining forces to target first-generation wealth builders.February 10
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Why do advisors focus so heavily on planning for a lifestyle change that may never happen?February 7
Director of PlanningLife Planning Partners
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Fear and worry are rampant. One client asked if any other client had recently returned from China.February 6
President and founderEmpyrion Wealth Management
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The takeaway for other firms: Be explicit, clear and public about seeking women employees and creating a safe workplace for them.January 29
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Best-in-class IT management and cybersecurity protection means RIAs must also focus on their base layer — the tech stack.January 29
CEORightSize Solutions
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For years, I helped clients make choices that improved their happiness and work-life balance. Why wasn't I doing the same for myself?January 24
Founder and plannerRetirement Matters
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With its appointment of Martine Lellis, one of the largest and most-acquisitive RIAs ups its leadership ranks to almost 40% women.January 21
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This rise of the so-called grey divorce has created a number of uncommon and complex issues for retirement accounts.January 14
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A succession strategy doesn't have to be set in stone, writes columnist Carolyn McClanahan.January 10
Director of PlanningLife Planning Partners
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Our industry is one of the few that’s barely experienced pricing pressure ... so far. Here's how to assure you keep providing value to clients.January 10
Chief Investment OfficerMomentum Advisors
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The Secure Act was designed to expand retirement savers’ options but it has subsequently all-but-eliminated the stretch IRA for beneficiaries. It's on advisors to make clients aware of the major change.January 7
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With astute maneuvering, advisors can add money to a clients’ college-fund kitty without jeopardizing financial aid.January 2
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Don't neglect the FAFSA and other ideas to help families with annual incomes of more than $300,000.December 30
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This recently passed bill is groundbreaking retirement legislation and will substantially alter the landscape for employer-sponsored retirement plans and individual savers.December 27
Retirement marketing program managerCommonwealth Financial Network
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There's a way to offer sound counsel to clients and also permit them the opportunity to take a profitable flier from time to time.December 12
President and founderEmpyrion Wealth Management
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Do planners offer enough value to keep tech companies and automated advice at bay?December 1
Director of PlanningLife Planning Partners
From the Midwest to mid-Atlantic, here's a look at 12 housing markets where first-time homebuyers find the most affordability, according to NerdWallet.
May 20
Finding the revenue to make up for the shortfall remains a “manageable exercise,” regardless of the as-yet unknown impact of the coronavirus, a Boston College economist says.
May 12
Charity, free advisor services and more: How the industry is stepping up in the coronavirus outbreak
Organizations and firms are donating N95 masks, providing resources at no cost and taking steps to protect employees and practices nationwide from the spreading pandemic.
April 7