Added on August 2018 in Join an RIA
0 visitor like this article | Viewed 3934 times | 0 comment
Summary: Currently the firm has a little more than 17,000 advisors. The firm expects to grow by over 1,000 financial advisors by the end of 2018.
Added on August 2018 in Form an RIA
0 visitor like this article | Viewed 3449 times | 0 comment
Summary: Welcome, everyone. Welcome to the 87th episode of the “Financial Advisor Success” podcast. My guest on today’s podcast is René Nourse. René is the founder of Urban Wealth Management, an independent RIA in the Los Angeles area that manages nearly $120 million of assets under management for more than 200 clients, with a team of 6.
0 visitor like this article | Viewed 3333 times | 0 comment
Summary: Business strategists spend a lot of time understanding the target audience for their clients and making sure that the strategies are aligned fully with the clients’ goals so there’s no disconnect between marketing and reality. We all know how empty promises can backfire, so attention to your offering is critical. But once you are confident in your strategy and it’s time to go to market, you want the best possible marketing system for your firm.
0 visitor like this article | Viewed 2871 times | 0 comment
Summary: When the SEC came out with its proposed best interest standard for broker-dealers (and, by extension, for their brokers and reps), I wrote a detailed comment letter in response. It was a beautiful letter. I eloquently pointed out that the “best interest” standard detailed in the proposal was exactly the same as the current “suitability” standard that I helpfully copied for the SEC staff off the FINRA website.
0 visitor like this article | Viewed 3346 times | 0 comment
Summary: Full integration will overtake open architecture as the theme of the next decade. For years, financial advisors have looked for solutions that integrate, but have been provided with open architecture, which is simply the ability to connect multiple external systems to each other and transfer common information from one system to another without double entry. If we wanted to call this type of connection “integration,” we’d have to call it “loose integration,” at best.
