Wealth Think

Mitt Romney “has the momentum and nothing last night happened to change that,” said Charles Black, a Romney campaign advisor at the SIFMA annual meeting in New York.

Wall Street may still be in love with complex financial instruments, but more and more investors are choosing a simpler, more prudent way to invest, and Steve Atkinson explain that that is why the assets under management with independent wealth advisors continues to grow.

Though advisors are increasingly on social platforms, bringing financial goal setting to the social media sphere probably won’t change the way clients interact with their advisors. Will it instead help those who aren’t working with advisors start thinking about their finances?

Social media is rapidly changing the way financial advisors approach their marketing efforts, but staying current with compliance regulations can be a challenge.

Have you thought about what you can do in your practice to improve how you operate your business, making sure that this year is a better year than last year? Do you think your practice needs improved focus in order to be more profitable? Chris Kirby has some suggestions that could streamline your business to a “leaner and meaner” more profitable machine.

There are thousands of hedge funds competing in the marketplace. They come in all shapes and sizes, but all too often they approach investors with the same thesis.

A recent paper by the Center for Retirement Research at Boston College suggests that in terms of actually being able to maintain one’s lifestyle in retirement, compared to other factors, the focus on asset allocation is largely misplaced.

While affluent women present a unique challenge to you as the advisor, they also represent a big opportunity as well.

Ed Slott, Your Ira Expert, examines timing an IRA conversion and moving an IRA when your beneficiaries are outside of the United States.

Ask a room full of financial advisors if they have thought about business planning, and most will say yes. Ask that same group of advisors if they have actually taken the time to create a written business plan and more importantly, follow it, and the majority of that room will most likely say no.