From Financial Advisor IQ
Added on March 2015 in M&A Issues
0 visitor like this article | Viewed 3707 times | 0 comment
Summary: Whether merging practices or acquiring rainmakers, advice firms typically need outside help to find each other and close the deals. Custodians, investment bankers and boutique matchmakers can all add value for advisors. But picking the right consultant is a challenge in itself, since the service is only as good as its network and market intelligence.
From Financial Planning
1 visitor like this article | Viewed 3050 times | 0 comment
Summary: Even very successful financial advisors can hit a wall at around $500 million in assets under management. Some simply find that there is not enough time to handle administrative and operations issues, manage client assets and spend time with clients and prospects.
From wealthmanagement.com
Added on March 2015 in Form an RIA
1 visitor like this article | Viewed 3868 times | 0 comment
Summary: The issue of advisors’ fiduciary duty is top-of-mind these days, following announcements by both the Department of Labor and the Securities and Exchange Commission that they plan to move forward with rulemaking efforts requiring advisors to act in the best interests of their clients.
From Financial Planning
1 visitor like this article | Viewed 2955 times | 0 comment
Summary: To be an effective business owner, you must be willing to delegate and relinquish control. Even I admit it can be a scary proposition at times, but it’s a management strategy that will reward you and your team.
From PlanAdviser
Added on March 2015 in M&A Issues
1 visitor like this article | Viewed 3670 times | 0 comment
Summary: Advisers are aging—and few have a succession plan, or even a grip on how to sell, merge or add to their practice, say the creators of RIA Match Concierge Consulting.
