Large RIAs will have a much easier time navigating the crisis caused by the coronavirus, providing another impetus for M&A
In challenging times, communicate liberally with the people who are responsible for the success of your firm
In this white-hot M&A market, price is no longer the stand-alone consideration
Now that I'm part of a larger organization, 95% of my workweek is spent doing what I’m best at: growing the firm
Your clients have hired you because they want a personal relationship
Doing the work involved in moving clients to a new custodian is a massive undertaking
Try identifying the things you should stop doing before making a list of the things you want to accomplish
Where will investors turn for guidance during the next bear market?
The days of charging 100 basis points for asset allocation and an annual portfolio review are over
Advisers not only need to do a great job at financial planning, tax mitigation and behavioral finance, they need to let their clients know that this is what they're paying for.
