Added on August 2018 in Form an RIA
0 visitor like this article | Viewed 2952 times | 0 comment
Summary: It’s a given that registered investment advisors must have “scale” to grow. But how much scale (aka size) is needed to deliver the highest level of value to clients and produce strong returns for RIA owners and team members?
Added on April 2018 in Form an RIA
0 visitor like this article | Viewed 2801 times | 0 comment
Summary: When James Brewer was seeking his own financial adviser in 2005, he was interested in investing in companies that had a history of hiring African-Americans like himself. One adviser he met with was sympathetic and at one point suggested Mr. Brewer consider becoming a financial adviser. A year later, he did just that.
Added on January 2018 in Form an RIA
0 visitor like this article | Viewed 6661 times | 0 comment
Summary: The DOL fiduciary rule implementation has been delayed. While consumer advocates applauded the new oversight, very few within the wealth management industry felt the regulation was anything but awkward and clunky. Fewer still believe that nonretirement accounts should have a different, lesser standard of care than retirement accounts.
Added on January 2018 in Form an RIA
0 visitor like this article | Viewed 3031 times | 0 comment
Summary: PFI Advisors, a consultancy focused on transitioning $1 billion plus breakaway teams out of the wirehouses, has introduced a new operations consulting service called COO Resource for registered investment advisors.
Added on October 2017 in Form an RIA
0 visitor like this article | Viewed 3165 times | 0 comment
Summary: That’s the message state securities administrators stressed while noting the massive jump in deficiencies found earlier this year in their bulked-up examinations of smaller RIAs. Andrea Seidt, the chairwoman of the North American Securities Administrator Association’s Investment Adviser Section, warned advisors about the trend toward new fee setups.