Manage Your Practice
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2014: The Year of Professional Passion
From wealthmanagement.com
Added on December 2013 in Manage Your Practice
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Summary: Passion or goal commitment? Or maybe they are inextricably linked. Elite advisors, or top performers in any profession, set high goals for themselves because they are passionate about their work. These ambitious goals are challenging and force them to continually strive to improve; whether it’s in the operating room, the concert hall, Madison Square Garden, or the corner office—the professional passion of elite performers forces them into a perpetual growth mode. Here’s how you can challenge yourself in 2014.
Advisers who specialize in a profession are invaluable
From
Added on December 2013 in Manage Your Practice
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Summary: Financial advisers have found that by focusing on professionals in a particular industry, they become specialists in what those professionals need in terms of financial planning — and learn to speak their language. Marketing, in turn, becomes much more targeted and effective
Advisors Name New Year's Resolutions
From Financial Advisor
Added on December 2013 in Manage Your Practice
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Summary: Increasing the number of referrals they receive from current clients is the No. 1 goal for 2014 for financial advisors, according to a survey by SEI released Monday. SEI, a global provider of asset management, investment processing and investment operations solutions for institutional and personal wealth management based in Oaks, Pa., found that 85 percent of advisors polled want to increase their referrals next year.
They'd Rather Spend than Save, But Gen Y Is Your Future
From Financial Planning
Added on December 2013 in Manage Your Practice
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Summary: They’ve been called egotistic, impatient and self-entitled -- and they have a notoriously bad reputation when it comes to saving -- but advisors want them. While Generation Y controls a mere fraction of the country’s total net worth, its members are widely considered the future of financial planning. As a result, advisors are paying particular attention these young adults.
Recruiting and Hiring: 7 Smart Tips for Advisors
From Financial Planning
Added on December 2013 in Manage Your Practice
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Summary: Looking to expand your team and boost performance? Executive search veterans Kathy Freeman Godfrey and Jeff Warren have a few suggestions for recruiting and hiring financial advisors At the recent Echelon Partners Deal Makers Summit in Santa Monica, Calif., the pair laid out a step-by-step game plan for advisors trying to bring on new talent. Here are seven of their suggestions.
