0 visitor like this article | Viewed 3352 times | 0 comment
Summary: Summary: The founders of our firm don’t get along. I know I’ve read about this in your column in the past but our situation is unique. They are accusing each other of stealing from the firm, abusing the clients and taking advantage of the employees.
0 visitor like this article | Viewed 2548 times | 0 comment
Summary: As more wirehouse advisors continue to break away from their firms, it's worth remembering that the majority of current wirehouse advisors will never fully embrace the independent model.
0 visitor like this article | Viewed 3048 times | 0 comment
Summary: If your firm is considering making any changes to your existing partner compensation plan, from a minor tweak to a major overhaul, there are some basic concepts that you should keep in mind.
0 visitor like this article | Viewed 3144 times | 0 comment
Summary: Advisors now can learn from other specialist advisors and consultants in key areas of their business practice through a new website offering by the Financial Planning Association. The FPA Coaches Corner, open to all FPA members, provides thought-leadership white papers, video presentations, webinars, and soon, podcasts, on different FP exercises, such as marketing, team development, cybersecurity, compliance and growth strategies.
0 visitor like this article | Viewed 2571 times | 0 comment
Summary: The Investment Act of 1940 specifically permits advisors to charge fees as a percent of assets. This act was intended for managers of mutual funds. It was not intended for advisors serving the general public, because of the conflicts of interests that arise when providing personal financial planning services. One such conflict is the need to charge variably based on asset classes.
