Targeting children of existing clients crucial for firms eager to prosper long-term; there is no Plan B
From pay to valuation, plenty of tricky questions; 'better to start out low'
When discussing personnel needs with our clients, an axiom we often share to help them keep in sharp focus as they evaluate talent is: Hire character, train for skill and pay for talent.
Bill Crager, President of Envestnet, takes InvestmentNews inside the latest of the company's recent acquisitions.
A steadily increasing number of advisers are using iPads - now more than any other mobile devices, actually, based on recent behaviors observed by <i>InvestmentNews</i>.
BlackBerry market share still shrinking amid iPhone mania
Many financially savvy advisers know that when clients seek advice in buying or evaluating artwork, the advisers themselves will have to draw on a network of experts for guidance.
There's no stemming the tide. Apple's stock has risen to $618 this year, a 53% jump. Sales of the new iPad have been stellar. And now, one analyst is predicting Apple's share price will top $1,000 within a year -- and revenues, spurred by sales in China, will pass $1 trillion in a decade.
Apple's latest iPad initially generated rave reviews and phenomenal sales. But Consumer Reports is saying the new tablet with the high-def screen runs 'significantly hotter' than earlier models. Is this a deal-breaker?
Buy, rather than build. That appears to be the consensus among several industry insiders, analysts and financial advisers on why LPL Financial acquired the wealth management consulting firm Fortigent LLC.
