Benchmark Your Productivity and Profitability

SEP 26, 2014
When it comes to increasing your firm's profitability, gauging productivity is a good place to start. To find out how to begin benchmarking effectiveness in your firm, listen to Joni Youngwirth, managing principal of practice management at Commonwealth Financial Network®, who notes that relying on the four pillars of productivity—integrated technology, workflow analysis, a defined client base, and successful time management—is a great way to help you uncover the data you need to measure how your firm is doing. You'll also hear her outline how to use the data to identify proactive steps for improving your productivity and, ultimately, your profitability. Watch the video to learn more about ways to impact efficiency in your firm.

Latest News

LPL takes big swing at mainstream with PGA marketing deal
LPL takes big swing at mainstream with PGA marketing deal

LPL recently has softened its antipathy to mainstream marketing.

Larry Roth joins JIFFY AI advisory board as wealth tech race heats up
Larry Roth joins JIFFY AI advisory board as wealth tech race heats up

The veteran independent broker-dealer executive brings crisis-tested leadership to the AI-powered data platform

RIA moves: Modern Wealth snaps up $1.1B Florida firm to extend Eastern footprint
RIA moves: Modern Wealth snaps up $1.1B Florida firm to extend Eastern footprint

Arax and Waverly also staged their own East Coast expansions by acquiring a family-owned practice and a Maryland-based wealth firm.

Most investors are still positioned for the old environment
Most investors are still positioned for the old environment

Portfolios are built for specific environments, but most investors are still positioned for one shaped by intervention and conditioning that may no longer exist.

How a 320-strong Morgan Stanley advisor team supports the pro bono financial planning push
How a 320-strong Morgan Stanley advisor team supports the pro bono financial planning push

Foundation for Financial Planning CEO tells InvestmentNews how the wirehouse’s wealth management division steps up to the plate for those in need.

SPONSORED Estate planning isn't a service add-on. It's your retention strategy.

As $84 trillion prepares to change hands, advisors who treat estate planning as peripheral are quietly building a sieve, not a book.

SPONSORED Why strategy matters more than performance

In volatile markets, the advisors who win aren't the ones with the best calls - they're the ones whose clients stay the course.