Wholesalers could evolve — and continue to add value to the process of making investments available to end clients — by focusing more on product education.
Some are useful to a subset of investors with a long-term horizon; not to everyone.
Independent broker-dealers and RIA firms need to encourage the proliferation of new cost and compensation practices.
While private equity could become a positive force in the retail alternatives space, not all sponsors are created equal.
Advisers need to communicate that while upcoming account statements may look a bit different than before, the alternative investments in clients' portfolios remain fundamentally unaffected.
With more training and a greater sense of empowerment, you can turn your administrative support team into an extension of yourself.
If the B-D and the adviser are no longer on the same page in terms of service or chemistry, it may make sense for the adviser to move on.
