From Financial Planning
Added on March 2018 in Join an RIA
0 visitor like this article | Viewed 4530 times | 0 comment
Summary: It's not only legally dubious for wirehouse brokers planning to go independent to solicit clients for their new firm, it's unnecessary, says Tim Oden of Schwab Advisor Services.
From Think Advisor
Added on March 2018 in Form an RIA
0 visitor like this article | Viewed 3613 times | 0 comment
Summary: While amended Form ADV filings are due on March 31, a Saturday, the Investment Adviser Registration Depository (IARD) “is open for business,” Paul Cellupica, deputy director of the Securities and Exchange Commission’s Division of Investment Management, warned advisors Thursday.
From IRIS
0 visitor like this article | Viewed 4008 times | 0 comment
Summary: According to The BEI 2016 Business Owner Survey Report, 83% of business owners have no written Exit Plan, even though only 9% of owners claim that they want to stay in their businesses forever. We’ve discussed how a failure to have an Exit Plan—even if owners have no interest in exiting—can do harm to a business’ value. But does the same idea apply to business owners who actively plan to die at their desks?
From WealthManagement.com
0 visitor like this article | Viewed 3767 times | 0 comment
Summary: Technology for registered investment advisors has come a long way, but it’s still giving them headaches, according to a recent survey of 227 RIAs by Trust Company for America and TechValidate. Out of those surveyed, 44 percent said the most challenging thing was that they were unable to use technology to its full capacity; 43 percent said it was inadequate integration; 38 percent said it was the inability to customize technology to their needs; and another 26 percent complained that the technology overpromised on features that didn’t deliver.
From Financial Planning
0 visitor like this article | Viewed 3402 times | 0 comment
Summary: Year-over-year, an increasing number of the most successful RIAs and fee-based advisors say Generation X investors will be their primary target over the next 12 months — and a top driver of profitability for their practice. But Gen Xers have clear preferences that make them unique, especially when it comes to technology, the human touch and the importance of trust.
