Joe Duran
Joe Duran is head of Goldman Sachs Personal Financial Management. You can follow him at @DuranMoney.
Joe Duran is head of Goldman Sachs Personal Financial Management. You can follow him at @DuranMoney.
They're two totally different companies, but they share an interesting and useful strategy.
In our rapidly evolving world, what was good enough for a business yesterday is not good enough today.
Many financial plans are flawed because advisers don't get enough clarity about the intention and purpose behind people's priorities.
Key news for the wealth management industry included the Edelman-Financial Engines merger, the Focus Financial IPO and the seller's market in RIAs
Offer your help, rather than asking for a referral, and make that offer to people with whom you have a genuine connection.
Instead of continuing to think big, both companies dismissed the competitive forces that were chipping away at their business models.
While AI is far away, machine learning has arrived — but few advisory firms have the data needed to make use of it.
Here's what great growth firms know: There's no better time to change than when everything is going well.
Time is the other major limited resource in life, yet few manage it with the same discipline with which we manage money.
Keep in mind that clients' goals will change and life is unpredictable.
