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Don't be that guy on Facebook
Over the past several years, financial advisers and their firms have worked hard to harness the power of social media to build their businesses.
Combining firms reduces costs and spurs collaboration
Sandy Johnson's best business decision was to participate in an Ameriprise Financial Inc. experiment 20 years ago that brought individual advisers together to operate as a group practice. Today, her Proviant Group boasts operational efficiencies that would turn both smaller and larger firms green
Oregon advisers blaze their own trail
Team from Merrill Lynch that advises on $700M in assets forms RIA partnership.
Robo report: Traditional advisers may be biggest market for online investment services
With billions in annual revenues at stake, the emerging business model may be one that includes a partnership between robo-advisers and regular investment practitioners.
5 things to consider when making promises to clients
While on a recent flight from San Diego to Denver, I came across an article in Spirit Magazine about a website, BecauseISaidIWould.com . The 28-year old founder, Alex Sheen, started this nonprofit in memory of his father, to inspire others to make (and keep!) promises that better humanity. This got
How much should you spend on a new website?
Many factors play into the cost of a website. Here's a guide to get you closer to an answer.
How to help minority financial planning students get jobs
Advisers can help the financial services industry boost its historically poor ethnic diversity even without making those hires themselves. Minority financial planning students need help polishing their communications skills, according to Luke Dean, director of William Paterson University's
3 decades of learning from mistakes
Rick Adkins has been in the financial advice business for 32 years. That is long enough to make every mistake in the book, he jokes. In the early 1980s, professional financial planning was in its infancy, and simple computer spreadsheets were de rigueur. Mr. Adkins couldn't import data about his
Lead-gen site aims to match advisers and clients through data analysis
Finom is based on observation that 'no one adviser fits all'; but what's new? skeptics ask
Merrill Lynch nabs $400M team from Morgan Stanley
Bank of America Merrill Lynch has snapped up a former Morgan Stanley duo who oversaw some $400 million in assets. The two advisers, Michael Bromberg and Daniel Gerschel, have joined Merrill Lynch's New York office. They previously produced about $1 million in revenue while at Morgan Stanley,
Targeting CPAs for referrals requires careful approach
Advisers looking to build relationships with accounting professionals should take a deliberate approach and recognize that right now — as certified public accountants are gearing up for their busiest days of tax season — is probably not the ideal time to request a first meeting. Instead, advisers
Breaking up is hard to do
Advisers who have lived through the split-up of a practice say it's as gut-wrenching as a divorce. Here's what they've learned.
Oh, snow! But advisers use tech to keep business humming
Like many financial advisers in the Southeastern United States this week, Jennifer and Phil Calandra closed the doors to their Atlanta-based advisory firm on Wednesday and Thursday and operated from their home. “When you live in Georgia, to see any snow is mindboggling,” Ms. Calandra said. She said
Client's got stars in his eyes? Insist on a prenup
Premarital agreements on the rise, and they're no longer just for the wealthy.
Renovate your social media profile
Advisers always want to find ways to increase their overall efficiency and improve their image. So with that in mind, here are five things you can to renovate and make over your social-media profile. 1. GET A NEW PICTURE Most of you have absolutely abysmal Sears portrait studio, same background,
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February 27, 2014