0 visitor like this article | Viewed 4442 times | 0 comment
Summary: As wealth managers consider a move to independence, they come to Pershing with questions about the economics of different business models. And rightfully so, because of all the issues advisers have to address in a transition, nothing comes close to the importance of deciding on the business model.
0 visitor like this article | Viewed 4987 times | 0 comment
Summary:Meet this year's 40 Under 40 winners, showcasing the nation's finest young financial advisers and associated professionals in the financial planning industry. Inside their individual profiles you'll discover their impressive stories, including several who have been elected by their much older colleagues to lead their firms. A few others are military veterans, including one Bronze Star winner.
0 visitor like this article | Viewed 4330 times | 0 comment
Summary: As financial advisory firms embrace technology to stay competitive and enhance in-house operations and relationships with clients, they should consider this: “Technology is the great equalizer among firms big and small,” according to Evan LaHuta, head of client experience at BNY Mellon. “Everyone starts to look the same, so how do you add value?”
0 visitor like this article | Viewed 4236 times | 0 comment
Summary: Here is a sobering statistic from Tom Nally, head of advisor services at custodian TD Ameritrade Institutional: Ninety percent of advisors have more than 50 percent of their clients already in “de-cumulation” mode.
0 visitor like this article | Viewed 3650 times | 0 comment
Summary: Wealth managers must stop offering clients unnecessary fee breaks and invest in advanced analytics to boost revenue because the industry faces a "complete transformation" in coming years, a study found.
