Expect More Rules and Less Discretion from the ‘New’ Fed
The Metamorphosis of Emerging Markets
Quarterly Update: October 2017
Direct Lending Funds – Are the Needs of Mid-Market Companies Being Met?
Secular Trends in Residential Building Permits and Housing Starts
Conference Board Leading Economic Index: First Decline in Over a Year
Philly Fed Manufacturing Index: Continued Growth in October
Weekly Unemployment Claims: Down 22K, Lowest Since 1973
Dan Fuss Warns of Geopolitical Risks and Higher Rates
Dan Fuss has established himself as one of the most respected bond investors in the industry over his 60-year tenure. In a talk last week, Fuss warned investors of geopolitical uncertainty and higher rates in credit markets.
Should You Invest with the Fund Manager of the Year?
Morningstar’s Fund Manager of the Year is one of the most coveted awards in the mutual fund industry. Indeed, fund companies devote enormous resources to promoting award recipients. But should advisors invest their clients’ funds with those winners?
The S&P 500 versus Cash Decision
The Fed will enter uncharted waters as it begins to reduce its balance sheet, in addition to raising short-term interest rates. How should investors respond?
Equity Market Valuations: We Haven’t Been Here Before
How to Meet Really Rich People
Venerated Voices™ 2017 Q3 Rankings
The Perfect Prospect Meeting
Six Keys to a Great Presentation
5 considerations for choosing an investment beyond just cost
Why “either/or” is the wrong approach to active vs. passive
Why Successful Advisors are Exiting the Business
Beyond Better Sameness
Wealth Management Redefined: A New Approach To Learning With WMCP™
Growth Through Acquisitions: An Alternative Route
When it comes to growing their businesses, financial advisors have many growth strategies they can pursue. They can expand their book by aggressively courting prospective clients, or focus their efforts on expanding their assets under management by bringing in more affluent clients.
Advisors also have another, less traveled growth path to consider: acquiring or merging with another firm. In a recent WealthManagement.com survey, advisors shared their experiences going through the M&A process: from what drove them to grow their practices through acquisition, to how they financed their deals. Find out more about the road less traveled in this new infographic.
Top Five Transition Tips from Advisors
Whether you’re an advisor striking out on your own for the first time or an RIA moving between independent businesses, changing firms can offer the potential for professional and personal growth. In fact, one in five advisors has changed firms within the past five years, according to a recent survey by WealthManagement.com. But while these transitions can bring new opportunities, making the move can present a host of challenges.
Here are five key transition tips from advisors who have made the move to a new practice, to ensure the process is seamless for both you and your clients.
Taking Advantage of Benchmarking
If you’ve done the work to evaluate the health of your business, you’re in good company. In a recent survey by WealthManagement.com, advisors said their benchmarking efforts have paid considerable dividends, from higher revenue to better client acquisition and retention.
But once you have the results in hand, what’s next? How do you handle the opportunities identified? It’s this step that often confounds advisors, with more than 50% sometimes or rarely taking action to address their results.
Learn some helpful ways to deal with the results of your benchmarking efforts.
Five Steps for Setting Business Goals
Advisors know that building and growing their business requires setting goals.
Goals provide an important framework in which to work, and without clear, achievable objectives it’s hard to focus your efforts on actions that will help your business. These five steps can help you set the goals that will help you succeed.