When an investor is seeking to work with a financial professional, there’s a substantial difference in expectations about the nature of the relationship when the professional being consulted is an advisor versus when they’re a salesperson. In hiring an advisor, the investor is presumably seeking to put their trust and confidence in someone with their […]
Archives for 2024
Compliance experts look to AI, tech to help with WhatsApp violations
With so many compliance systems on the market, regulators are likely to look askance at firms that don’t embrace them.
Biogen revenue and profit shrink on Aduhelm costs, slumping sales of multiple sclerosis therapies
The results come amid the rollout of Biogen and Eisai’s Leqembi, the first drug found to slow the progression of Alzheimer’s to win FDA approval.
#FA Success Ep 372: Quadrupling Revenue By Restructuring Your Business Model To Reflect Your Entire Value To Clients, With Melody Townsend
Welcome back to the 372nd episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Melody Townsend. Melody is the president of Townsend Financial Planning, an RIA based in Lexington, KY, that oversees $112 million in assets under management for 160 client households. What’s unique about Melody, though, is how after her […]
Leaving Stifel, Alex David to boost Raymond James independent channel
The move brings the 28-year industry veteran from a firm where independent planners make up less than 5% of the advisory headcount to one where they are the majority.
Ascend Expands with New Partnerships and Texas Growth – Inside Public Accounting – INSIDE Public Accounting
Ascend Expands with New Partnerships and Texas Growth – Inside Public Accounting INSIDE Public Accounting
PFS calls for better adviser ESG knowledge
The Personal Finance Society (PFS) has urged Financial Planning and advice firms to improve their knowledge and awareness of ESG and sustainable financial advice. In a new report published today, the PFS said there were inconsistent approaches or levels of confidence in ESG advice. The report, ‘Sustainable Finance: Knowledge Gap’, examined the sector’s approach to, […]
The Importance Of Employee Appreciation (Going Beyond Just Recognition) For Advisory Team Satisfaction And Retention
While there is a plethora of ways that financial advisory firm owners can build and run their practices (from service models to specialties to fee structures and beyond), one of the most complex activities shared by many growing firms are those that involve hiring, training, managing, and retaining employees. And with the increasing shift to […]
One year after Secure 2.0, retirement race gap remains stubborn
White Americans still have twice as much retirement wealth as savers of color, research shows. Here’s what experts recommend to shrink the gap.
Morgan Stanley hopes E-Trade Super Bowl commercial will top off wealth management funnel
The online brokerage sees its popular talking babies ads as a way to get tens of millions of viewers to think about how they might put their money to better use.