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Wearable Tech Goes Mainstream

From ByAllAccounts
Added on May 2015 in Thought Leadership
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Summary: Wearable technology is the blending of advanced electronics, sensors, and computing power into clothing or accessories that can be worn on the body. Wearables have come a long way, from smart glasses right out of a futuristic movie, to hidden fitness trackers that silently encourage us one step at a time. With the popularity of Fitbit and the fast-selling Apple Watch, wearables have burst into the mainstream.

Attrition and breakaways have shrunk head counts at wirehouses

From InvestmentNews
Added on May 2015 in Thought Leadership
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Summary: When Morgan Stanley bought Smith Barney from Citigroup Inc. in 2009, it created the largest brokerage force in the industry with more than 20,000 of what the company referred to in a press release as “high-quality” financial advisers. The long-term target, the firm said at the time, was to maintain a workforce of between 18,500 and 19,000 advisers.

Envestnet Offers Digital Tool to Battle Robo-Advisors

From Think Advisor
Added on May 2015 in Thought Leadership
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Summary: A day after Envestnet CEO Jud Bergman welcomed attendees at this year’s Advisors Summit with a pledge to help them cross “the digital divide,” the company announced a new digital portal

Elder care needs will transform advice industry

From InvestmentNews
Added on May 2015 in Thought Leadership
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Summary: If you're like most financial advisers, you are focused on how to capture a piece of the lucrative IRA rollover market as baby boomers transition into retirement. But fast forward 10 or 20 years and those same clients may be less interested in golf and travel and more concerned about assisted living and estate planning. Will you be ready to address their evolving needs?

10 Young Advisors To Watch

From Finanicial Advisor
Added on May 2015 in Thought Leadership
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Summary: According to a report by Cerulli Associates last year, only 11% of advisors at RIAs are under the age of 35, and almost half (47%) of advisors at these firms are over 55. That explains why the current generation of leaders in the profession continues to wring their hands over the scarcity of new advisors, prompting some to view it as a crisis.

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