We all know that technology is an enabler in the financial services industry – but we tend to think of it in terms of investments and workflows and the like. But there’s a new tech kid in town – content marketing technology – and it’s helping advisors build and deepen relationships. I sat down with AdvisorStream CEO Kevin Mulhern to find out more.
Another day, another survey (2, in fact) that shows advisors are worried about growth. And you should be – especially if you’re pursuing the same clients with the same message as every other advisor. Why should they pick you?
When the SEC adopted amendments to the rules governing money market mutual funds, the compliance date of October 14, 2016 seemed far off – and now here we are. Are you ready to communicate the changes to your clients? Grab your book of business and follow these 4 steps.
We all know what happens when there’s a new boss – he or she scrutinizes everything, asks lots of questions and does not take “we’ve always done it that way” for an answer. Maybe it’s time to take a “new boss” approach to your practice – leaving no account, process, person or value proposition unturned.
To quote Rob Base and DJ E-Z Rock, “It takes two to make a thing go right.” If you’re working solely with one spouse, you may be alienating the other. In today’s guest blog post, Jill Knittel explains how you can encourage both spouses to participate in the financial planning process, as well as potentially carve out a niche for those spouses who find themselves suddenly single.
The more advisors read the DOL fiduciary rule, the more questions they have. This week, we compare “BIC for a day” to contracted BICs, clarify level fees, and discuss how class action lawsuits might be used to police the rule.
Weaving the DOL rule into existing software and procedures is no small task. Proactive financial services companies are already hard at work, trying to determine the best course of action. Here’s what they’re doing.
Love it or hate it, the DOL fiduciary rule is here. But this rule could actually have a positive impact on your advisory business, if you look at it in the right way. This week, I’m talking about streamlining your small accounts, creating consistency in your revenue stream, and setting up a “feeder system” for larger accounts down the road. (See? That all sounds pretty good.)
Financial Literacy Month may be coming to an end, but you’re still in a great position to educate your younger clients. IF you do it right. (And yes, that means I’m going to show you what you’re doing wrong.)
When I decided to write on this subject, I already knew the answer: investing is nothing like gambling. But the more I looked into it, the more similarities I found. So which is it?