1 visitor like this article | Viewed 3761 times | 0 comment
Summary: More U.S. colleges and universities are offering degree programs in financial planning, CNBC.com reports. Yet even these new initiatives aren’t expected to go very far toward addressing the severe advisor shortfall many in the industry expect as boomer practitioners retire over the next 10 to 20 years.
1 visitor like this article | Viewed 4678 times | 0 comment
Summary: Before I moved to FutureAdvisor, I was working for a registered investment adviser with $50 billion in assets under management, expanding their high-net-worth business globally. I received rigorous training, mentorship and great opportunities as the firm expanded. I had every expectation of a long and successful career there. So why leave?
1 visitor like this article | Viewed 4450 times | 0 comment
Summary: When new prospects comes into Chicago planning firm RMB Capital Management, a team is assigned right away to review family issues such as estate planning and life insurance.That's because generational wealth transfer issues are so critical for both clients and advisors, says CEO Richard Burridge, that advisors should begin such discussions early.
0 visitor like this article | Viewed 4681 times | 0 comment
Summary: Fifteen years ago, financial advisor Ron Carson posed a question to his advisory council of clients—a group he had previously organized to serve as consultants for the advisory practice he launched in 1987. "I asked them, 'If I died tomorrow, would [you] stay with my firm?'" he recalled. "All but one said they'd likely be gone within six months."
1 visitor like this article | Viewed 4452 times | 0 comment
Summary: A friend of mine recently passed the Series 7, completed his brokerage firm's training program, and became a full-fledged investment rep. Through a combination of hard work and good, old-fashioned luck, he immediately stumbled across a massive wealth-management opportunity.
