Winning the HNW Client: How a Holistic Tax and Investment Strategy Sets Advisors Apart
Key Takeaways 46% of HNW investors plan to change or add a wealth relationship in the next 12–24 months. Advisors who offer a consolidated, specialized...
Category: Career Development
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Independence: What It Means to the Advisors Who Embrace It
Who doesn’t love independence? From fireworks to parades, independence is cherished and celebrated in small towns and big cities alike across the US.
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3 Myths About Wealth Managers: Insights for Insurance Professionals
Insurance professionals build their businesses by helping clients protect their financial well-being from catastrophe.
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How Outsourcing Investment Management Services Gives You More Time
Independent financial professionals wear a lot of hats… but a magician’s hat is not one of them. If you’re like most advisors, you wouldn’t mind waving a wand and pulling some free time out of a hat. After all, your most valuable asset is time. It’s a finite,…
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What Is an OCIO?
An outsourced chief investment officer (OCIO) is a third-party provider that manages investment-related responsibilities for the clients of wealth management, investment management, and consulting firms.
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The Top 17 Ways Financial Advisors Grew Their Practices in 2021
As the COVID-19 pandemic surged throughout 2021, financial advisors had to evolve their traditional business practices to stay afloat—and even grow. In an industry that is dependent on fostering strong relationships with clients, the inability to actually meet face-to-face with individuals meant financial advisors had to adapt in…
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Going Independent: How to Become a Registered Investment Advisor
Whether you’re an employee at a wirehouse or a registered representative of an independent broker-dealer (IBD), you’ve decided that it’s time for the next stage in your career: You’re going to transition into a registered investment advisor.
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RIA or Broker-Dealer: The Pros and Cons of Each
Just like your clients, no two financial advisor practices are alike. When determining what kind of business model is right for you, there is a wide spectrum of factors to consider. For example, how large do you want your client list to be? Do you want to offer…
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How to Become a Fee-Based Financial Advisor—Key Factors to Consider
Great things rarely occur within your comfort zone. Earning your revenue as a financial advisor via commission-based products like mutual funds or annuities might be straightforward and familiar, but it isn’t a sustainable way to grow your practice.
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The Benefits of Succession Planning for Financial Advisors
As a financial advisor, you regularly help your clients build responsible plans for their retirement or for transitioning away from their business, even if they feel that it's too early to start thinking about retirement.
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Rethinking Your “Giving Season” Philosophy
As a challenging year comes to an end, despite the many hardships that affect us all, people are still looking at ways they can donate time and money to help those in even greater need.