Being an effective leader of a financial advisory team is difficult, complicated and at least as important as client-focused activities such as business development and customer service, according to a team consultant for Morgan Stanley Smith Barney LLC.
Financial-services technology firm Fiserv, Inc., announced that it is putting together a system that will enable unified managed household accounts. Indeed, the tech company says that their full UMH platform will be available later this year.
Everyone has probably heard of at least one e-mail-related scandal, but somehow the forward button still gets a workout, even by financial and health care professionals, who arguably should know better
Principal concern is protecting principal; taking a page from their grandparents
Advertising and marketing are still a prime worry, but the 'death-penalty' is an increasing vexation
Rich folks, worried that the specter of a large bequeath could kill a child's drive to succeed, are increasingly keeping mum about their estates
Top-performing advisory firms, on average, have more than one owner, pay those owners better and seem to be getting more from those owners in terms of management skill and engagement.
The following is an edited transcript of the webcast “Finding and Keeping New Advisers,” which was held March 15. Deputy editor Evan Cooper and reporter Lavonne Kuykendall were the moderators
Oracle of Omaha says long-term prospects for company difficult to predict
United Capital Financial Advisers today announced the acquisition of financial planning firm Vantage Point Advisors. Vantage Point, which manages $170 million in assets, will now operate under the name of United Capital Private Wealth Counseling.
The Investment Management Consultants Association is zeroing in on independent advisers as it attempts to attract new members to certain designations.
Financial advisers who are looking to attract younger clients had better sharpen their tweeting skills.
Wirehouse's network said to have been breached by massive attack from servers in PRC government; M&A info may have been target
After months of speculation, UBS today named Robert McCann as its new head of wealth management in the Americas
As consumers manage more of their lives via smart phones and iPads, financial services companies are trying to ensure that they don't get lost in the electronic shuffle
A senior executive at a major PR firm recently told me that thought leadership is dead
Finding good sources of referrals and winning over prospects is more of an art than science.
Bank of America's Global Wealth and Investment Management division — and specifically the Merrill Lynch brokerage operation — continue to benefit from improving markets.
Social media may be all the rage, but it's also a major headache for compliance managers. New software may help ease the pain.
