Knowledge and Insight
Take advantage of the wealth of information in the Knowledge and Insight Digest. Read curated and organized industry articles.
All Articles
The Business of Breaking Away
Added on August 2014 in Form an RIA
1 visitor like this article | Viewed 3496 times | 0 comment
Summary: The process of going independent can be more time consuming than moving to another wirehouse, due to additional due diligence and logistical execution. So, it is important to make the journey to independence simpler, more turnkey and less threatening.
YOUR PRACTICE-Long weekends no longer lure job-hopping financial advisers
Added on July 2014 in Form an RIA
0 visitor like this article | Viewed 3669 times | 0 comment
Summary: Headhunters and industry specialists say fewer advisers move on holiday weekends now, in part because a 2004 protocol prevents firms from seeking temporary restraining orders, and also because brokers and firms don't want to interrupt clients while they are enjoying those long breaks..
Fiduciary duty rule: No way out
Added on July 2014 in Form an RIA
1 visitor like this article | Viewed 3406 times | 0 comment
Summary: With the outlook for passage of a uniform fiduciary duty now bleak, it's astonishing to think the prospects for strengthening investment-advice rules to better protect investors looked so bright four years ago.
RIAs Increase Compliance Staff, Training
Added on July 2014 in Form an RIA
1 visitor like this article | Viewed 3612 times | 0 comment
Summary: RIA firms continue to increase their investment in compliance, boosting the number of dedicated staff and overall employee training, according to a recent survey. The number of RIA firms employing six or more employees focused on compliance jumped from 16 percent to 18 percent over the past year, according to the 2014 Investment Management Compliance Testing Survey.
Letting Go of Less-Than-Ideal Clients
Added on July 2014 in Form an RIA
1 visitor like this article | Viewed 4216 times | 0 comment
Summary: Some advisors hold onto clients that they consciously know are bad for them instead of taking one bold step that could improve the quality of their business. The challenge of letting go is tough for some people especially if they see their business situation as not so great but are more afraid of the unknown. It’s been said that the unknown is where your professional potential lies and that choosing the discomfort of change will reveal to you a whole new world of possibilities.
