While on the surface a merger may seem like an easy decision for advisers to make to move their firm to the next level, it's important to understand and appreciate the complex operational, cultural, and philosophical changes that will need to take place to keep your business running smoothly.
Four key questions to assess your readiness for a merger or acquisition.
How do you gauge your firm's productivity? Don't underestimate the power of leveraging your CRM solution to help gather key performance metrics such as time spent per client, client turnover and more.
Technology is supposed to be ever evolving and ever improving, which is why advisers are encouraged to embrace the next big thing. But that isn't always practical or wise.
When it comes to data storage, tech expert Gregory Friedman says beware your vendor's fine print
It sounds like a no-brainer, but when advisers invest in technology, training often gets overlooked or minimized.
