0 visitor like this article | Viewed 3962 times | 0 comment
Summary: So you’ve decided to expand your client base through social prospecting. You’ve identified a few community organizations where your high-net-worth prospects are likely to show up and you would be a good fit. (If you haven’t, check out 9 Great, Good and OK Places to Meet Wealthy Prospects.) Now you need a strategy.
0 visitor like this article | Viewed 4055 times | 0 comment
Summary: Sounds simple in theory, but when it comes to naming an RIA there are plenty of options to consider.
0 visitor like this article | Viewed 3958 times | 0 comment
Summary: With cybercriminals constantly seeking opportunities to separate people from their money, it should come as no surprise that banks and other financial institutions are prime targets of cyberfraud. A recent report by Intsights, a cyber intelligence company, found that more than 25% of all malware attacks are aimed at financial organizations, more than any other industry, and that there were huge year-on-year increases in the numbers of incidents involving credit cards (up 212%), credential leaks (129%) and malicious apps in general (102%).
0 visitor like this article | Viewed 3984 times | 0 comment
Summary: The objection we hear most often from prospective clients (delivered in a sarcastic tone) is, “I don’t want to hire an operations and technology consultant. Not only do I have to pay your fee, but you are going to tell me I can’t continue to do business unless I spend an additional $200,000 on new technology that will undoubtedly streamline my operations and make my staff more productive. And after spending all that money, I bet I won’t have one new client to show for it! No, thank you!”
0 visitor like this article | Viewed 3943 times | 0 comment
Summary: Advisors may think they are well versed in cybersecurity. After all, the SEC has publicly detailed its key cybersecurity focus areas, like risk assessment, data loss prevention, vendor management and incident response. But do financial planners know how examiners evaluate firms to determine whether they pass the test? Probably not.
