Knowledge and Insight
Take advantage of the wealth of information in the Knowledge and Insight Digest. Read curated and organized industry articles.
All Articles
Organic growth is key to $4.8B firm's success
Added on August 2014 in Manage Your Practice
1 visitor like this article | Viewed 3328 times | 0 comment
Summary: Ballentine Partners is among the fastest-growing RIAs in the country, and it's one of the few that has built its business organically and without relying on institutional clients to juice its assets. In the past four years, the Waltham, Mass.-based multifamily office has nearly doubled assets under management to $4.8 billion, from $2.5 billion in 2010. In the last year alone, it increased AUM by 25%, according to data collected by InvestmentNews.
6 Behavioral Finance Principles Advisors Need to Know
Added on August 2014 in Manage Your Practice
1 visitor like this article | Viewed 3432 times | 0 comment
Summary: Most people don’t make very good decisions about their own financial assets, as studies of the human brain have found. A new white paper from First Clearing and Cannon Financial Institute looks at some of the basic principles of neuroeconomics, the study of how people make financial decisions, and how advisors can use those principles to improve client service and communication.
Advisers arming themselves against cyberattacks
Added on August 2014 in Manage Your Practice
1 visitor like this article | Viewed 3496 times | 0 comment
Summary: Financial advisers are changing their systems and procedures to protect clients and their own firms from the rising incidence of cybersecurity breaches. Advisers are taking such steps as verifying money requests, being more careful about passwords, banning client data from laptops and conducting annual cybersecurity audits to make sure they are protected from online criminals
Top 5 Things Advisors Would Change about Their Businesses
Added on August 2014 in Manage Your Practice
1 visitor like this article | Viewed 3167 times | 0 comment
Summary: What would you change about your business? For many of you, it is all about marketing and new business development. In fact, according to a survey by Cerulli*, the average advisor only spends 15.7% of his or her time on new client acquisition. In Rick Henn’s SEI's Practically Speaking guest post, he outlines five simple things that advisors can implement with their marketing plans. Please enjoy Rick’s post.
Want to Be a Thought Leader? Here's How
Added on August 2014 in Manage Your Practice
1 visitor like this article | Viewed 3522 times | 0 comment
Summary: The planning industry is full of buzzwords, particularly in marketing. Anything that someone writes or develops is now “thought leadership.” Every special report or longish article is now a “white paper.” These terms are in danger of losing their meaning.Having worked with financial advisors for 25 years, I can say that most of them will never be seen as thought leaders – they just don’t have the time. That’s what it takes to be a thought leader: One must take the time to really think and advance the conversation around a body of thought.
