For several years, research has pinpointed succession as a potential trouble spot for an aging advisory business. But retirement is not the only problematic succession issue, and maybe not even the most important one. Our inaugural study on the topic — the 2012 IN Adviser Solutions Study on Succession Planning — highlights two critical insights largely missing from the discussion.
Despite widespread power outages and flooding, advisers managed to conduct business in the immediate aftermath of Hurricane Sandy. Here's how.
Advisers hurriedly try to work before Sandy strikes with full force. Most are reaching out to clients and making sure their own folks are safe.
Billionaire rebuffs New York Times claim that social networking company's CFO is the culprit
Toughened locals keep on working through Category 1 hurricane; 'business as usual'
Small multifamily offices with concierge service taking business away from large banks; 'we don't walk the dogs'
Bank of America Merrill Lynch has named a new head of its Alternative Investments Group, as demand from its advisers for alternatives is expected to double assets over the next three to five years. Keith Glenfield, former chief operating officer of Global Wealth & Retirement Solutions, started in the new role this week.
<i>InvestmentNews/</i>Moss Adams study reveals that firms are doing a poor job of building up their book of business
Not everyone interviews well. Some people just don't know how to network. Other people have to fake it until they make it.
A group of executives and officials representing nearly a dozen firms in the industry gathered in the <i>InvestmentNews</i> office in Chicago July 26 specifically to discuss their collective needs — and plans — to develop the next generation of financial advisers.
