Today's investors have a lot of choices. Find out how become the best one by offering clients and prospects an elevated experience. Hint: It will take the right support, which means finding a partner who prizes open-minded agility, offers senior-level access, respects your time with efficient answers and serves up expert technology.
The inaugural "Wealthtender Voice of the Client Study" found that 89% of client reviews focus on relationships and emotional trust, while only 10% were focused on investment management.
Also this week, Focus Financial ups the responsibilities for some top executives and Advisor Asset Management appoints a new CEO.
Could an economic downturn slow the industry's record-setting pace of acquisition deals? Sure, experts say, but not by much.
Shrinking fees and expanded service offerings are squeezing financial advisors. Cerulli research says the problem will only grow over the coming year.
New tools help financial advisors with everything from logic to transcription, but many say it's not just about winning back minutes but also the quality of the output.
Certified financial planners will pay an additional $120 a year for the CFP designation, starting in October. The CFP board said the fee hike will help fund expanded advertising efforts.
