Treat staff like clients and inform them with the best thinking about financial planning. You'll help them achieve their goals — and yours.
The strategy is meant to help advisors more precisely tailor a portfolio to a client's unique circumstances.
Some advisors are happy with the status quo, while others dislike the challenge of finding new clients.
For financial advisors, artificial intelligence can lead to deeper insights as AI models parse massive data sets, seeking meaningful patterns and signals amid millions of data points.
Analysis of ESG factors is a tool that helps investment managers do a better job of evaluating the opportunities and risks arising from global sustainability challenges.
Advisors looking to sell their practices can still get fair value for their life’s work, but they should avoid overly complicated deals and do their homework to find the right buyer.
Here are a few steps to consider before embarking on large-scale investments in the virtual landscape.
Some advisors experience organic growth even amid challenging markets, realizing that a downturn is a great time to sow seeds for future growth.
The SEC's amendment to rule 17a-4 represents a tremendous opportunity to bring firms' record-keeping systems into the 21st century.
If you’re not paying close attention to ensure that your clients’ cash is safe, you’re ignoring your fiduciary duty.
The SEC doesn’t care whether advisors or staff are banned from using apps or tools. What’s important to them is that firms fulfill their capture and retention responsibilities.
Several unique elements affect women advisors' planning, including a greater focus on the established relationships between staff and clients and on the maintenance of culture within their practice.
The expansion of the map over the last five years shows the innovation that's occurring in the fintech sector and the many choices available to advisors.
As a management tool, compassion is hard to execute and easy to love.
As an advisor's client base grows, more of their time is spent servicing existing clients, which leaves little time for finding new ones.
A change in cash flow meant it temporarily wasn't worth it to itemize donations of goods and money, a development that provided an unexpected bonus.
In 2020, the global real estate market had a value of more than $326 trillion, which is more than the value of all the stocks and bonds in the world.
Financial advisors can play an active role in the success of student athletes with name, image and likeness deals, but they need to speak the language of their young clients.
While the legislation provides an attractive option for families who end up not needing the money in a 529 plan, it's not clear how many will be eligible to use it.
It's vital for advisors to develop relationships with the next generation of investors and carve out a niche for their business.
