From Wealth Management Marketing
2 visitors like this article | Viewed 5331 times | 0 comment
Summary: For many RIAs, life is good right now. The market is at a record high and investors have more disposable income, a stronger sense of security and are coming off the sidelines and jumping back into the markets. (Whether that is a smart decision is another story.) For many firms, the challenge has shifted from how to market and increase revenue to how to recruit and attract talent to service all of this new business.
From wealthmanagement.com
2 visitors like this article | Viewed 4441 times | 0 comment
Summary: I fly a lot in my work for FP Transitions—millions of miles, so far. I once asked a pilot, “If the engines of this airliner quit at altitude—say, 30,000 feet—how far can we fly before we hit the earth?” The captain said that it would vary depending upon the wind and the load, of course, but around 100 to 110 miles would be a good estimate. This is the same approach that many advisors use toward the end of their careers. Once the engines start to fade, they hold on until the end, keep the ride smooth, and make it last as long as possible.
From InvestmentNews
1 visitor like this article | Viewed 4899 times | 0 comment
Summary: Amid the typical competition for top adviser talent, there has been another recruiting war unfolding this year over the recruiters who can get those advisers in the door.
From riabiz
Added on July 2014 in M&A Issues
1 visitor like this article | Viewed 5647 times | 0 comment
Summary: Boston Private Bank and Trust Co. announced that it will pay $60 million in cash and stock to purchase Banyan Partners LLC, creating a $9 billion-plus AUM RIA roll-up hungry to acquire.
From Think Advisor
1 visitor like this article | Viewed 3995 times | 0 comment
Summary: Based on early returns, it appears that we are losing ground. Both potential clients and prospective employees have come to view the business with suspicion and disdain, and we have not done enough to combat this negative perception. I see at least three recent developments that are putting the future of our business at risk.
