From Wall Street Journal Online
1 visitor like this article | Viewed 3536 times | 0 comment
Summary: Mr. Clark, a passionate home chef, has discovered that cooking meals for his clients provides a unique way to educate them about financial planning and deepen the client relationship. Mr. Clark usually cooks once or twice a month for new clients, and often their friends or family. But the meal is never just about the food.
From Think Advisor
Added on April 2014 in Join an RIA
1 visitor like this article | Viewed 3486 times | 0 comment
Summary: Advisors who break away from wirehouses or big regionals don’t expect a goodbye kiss. Instead, they often get hit right in the gut. ThinkAdvisor’s recent story about Edward Jones’ alleged treatment of feisty breakaway advisor John C. Lindsey, who fought back and won when the firm sued him for $5 million, struck a major chord with other advisors, especially those whose dream jobs turned into nightmare alley when they resigned.
From Financial Planning
1 visitor like this article | Viewed 3367 times | 0 comment
Summary: Based on my past life as a financial advisor and my current role in which financial advisors are my clients, I have seen a lot of best practices by advisors — and witnessed their biggest mistakes. Here are five things that advisors do wrong, so you can get them right.
From InvestmentNews
1 visitor like this article | Viewed 2807 times | 0 comment
Summary: Revenue that advisers generated from client assets fell during each of the past two years, even though they increased their assets under management over that period, a new report shows.The average revenue advisers generated from assets declined to 0.68% last year, from 0.69% in 2012 and 0.72% in 2011, according to a PriceMetrix Inc. report released Monday that analyzes transaction and account data of 40,000 advisers.
From InvestmentNews
1 visitor like this article | Viewed 2825 times | 0 comment
Summary: For the first of a series of special reports on the Crossroads the financial advice business is facing, we posed one question to top industry leaders: What turning point do you see the overall financial advice industry facing at the current moment? Here is what they said.