While the Securities and Exchange Commission has compiled a set of best practices for working with aging clients, independent advisers have created small-scale solutions for their own firms.
Executives at small broker-dealers and regional investment banks see opportunity in the frenzy on Wall Street, but they worry that new regulations will be burdensome.
Treasury Secretary Henry Paulson today told a House committee he was open to considering limits on executive compensation in the Bush administration’s proposed $700 billion bailout package for the nation’s financial institutions.
Checklists don’t have to be complicated, but each client must have one that’s customized just for them.
Although family members may work with them, most financial advisers do not think of their firms as family businesses. In their minds, the businesses are theirs — even when ownership is shared with other family members.
Unless you position your value as a retirement rollover resource for your top clients now, you risk losing out on the significant assets these clients hold away from you.
The National Association of Insurance and Financial Advisors today announced its partnership with LIMRA International Inc. to provide NAIFA members with free access to a monthly “Market Awareness” web seminar.
The key to capturing rollover from qualified savings plans is right in each adviser’s office — your own client list.
Morgan Stanley Private Wealth Management has poached a team from fellow Lehman Brothers to serve high-net-worth American Indian clients.
Now that levels have been defined, you must communicate your new service levels to your clients.
Last week: We created a “platinum” service level for your top clients and now it is time to plan for your lower-tiered clients.
Incomplete codes of ethics and codes of ethics that aren't followed were cited as two common problems found by Securities and Exchange Commission examiners at investment advisory firms.
Advisers have a fiduciary responsibility to educate their clients that generating enough cash to fund lifetime goals and objectives adequately is the key to financial success
How do you structure your practice and your work flow to provide your wealthiest clients with the service they need?
As layoffs rise, some financial advisers are encouraging their clients to come up with contingency plans in case they lose their jobs.
The best way to begin enumerating the services you should deliver to your best clients is by asking them what they want.
Jim Nagengast was named president of Securities America Inc., the broker-dealer unit of Securities America Financial Corp.
Break the mold and create a memorable and rewarding client appreciation event that gives back to the community.
The SEC has released its second ComplianceAlert aimed at providing guidance to chief compliance officers.
Compliance costs rose 65%from January 2007 through March 2008 for more than 400 investment advisory firms surveyed by four organizations involved in the advisory business.
