You have probably read a lot about “big data” and a whole industry that helps businesses get a handle on measuring “metrics that matter.” One of the keys to success for an RIA is knowing both what to measure and how to measure it.
Markets are poised for the Santa rally and January effect. Also in today's Breakfast with Benjamin: Cyber Monday becomes Cyber Week, global factory growth, CEO pay and stock performance, and financing 'The Twelve Days of Christmas.'
Retirement benefits and survivor benefits represent two different pots of money. Even if a spouse claims reduced Social Security retirement benefits early, her survivor benefits will not be reduced, as long as she is at least full retirement age when she collects them.
Record keeping, color coding and cloud computing help one firm add a personal touch to client relationships.
Live from <i>IN</i> Best Practices Workshop: 'Compensation is not always a motivating factor'
Advisers have an opportunity, as long as they don't question the questions.
Plus: How-to for advisers going solo, global investors bail on Obama, deflating market bubble babble
Being thankful is not enough, we need to pay it forward.
Though most advisers do address giving, many clients walk away unsatisfied
New tools include improved daily alerts and Wade Pfau's 'safe savings rate' function.
Although I say that technology can be my best friend and my worst enemy, I have to admit that it has truly enabled a better life and a more successful career.
The AdviceIQ site features profiles and rankings of about 2,600 financial advisers from 27 broker-dealer firms, detailing their assets under management, client characteristics, mission and contact information.
Plus a look at how Apple's latest product event could affect advisers, and how to spice up client surveys.
Other proposals include states requiring small businesses to establish deferred-comp plans.
Transition packages are a long-standing industry standard offered to financial advisers changing firms and affiliations.
When an advisor is considering a transition and comparing offers from multiple firms “technology” is often cited as a deciding factor and for good reason. A technology migration can often be one of the most time consuming portions of a move. Technology hiccups can also be unsettling if clients get wind of it.
