0 visitor like this article | Viewed 2923 times | 0 comment
Summary: What does HighTower Advisors' $100 million recapitalization deal with private equity firm Thomas H. Lee Partners mean for the financial advisory business?
0 visitor like this article | Viewed 2785 times | 0 comment
Summary:[Poadcast] In this episode, we pick Mark’s brain about what makes – and will make – advisors and their firms stand out to prospective clients. We dissect important concepts like niche and branding, the common challenges in defining these things. Mark tells us why creating a culture based on clearly defined values is one of the most important responsibilities of a firm’s principal and shares his own approach to doing just that.
0 visitor like this article | Viewed 2855 times | 0 comment
Summary: Vanguard recently published a research paper – Trust and Financial Advice – that examines trust in the advisor-client relationship. The research finds that a predominant number of investors trust their current financial advisors, with eight in 10 giving their advisors a high trust rating. However, nearly one-quarter had an experience that undermined their trust in their current or previous advisor.
0 visitor like this article | Viewed 2655 times | 0 comment
Summary: The number of young millionaires is quickly growing, according to Fidelity Investments. In its ninth “Millionaire Outlook” study, the firm reported that Generation X/Y individuals account for 18 percent of millionaires in the U.S., up from 8 percent in 2012.
0 visitor like this article | Viewed 2722 times | 0 comment
Summary: Efficiency will have to become the new mantra at independent financial advisory firms as revenue continues to slide and compensation climbs.
