From WSJ Online
Added on September 2014 in Join an RIA
0 visitor like this article | Viewed 3903 times | 0 comment
Summary: For young people interested in financial advising as a career, either for a brokerage or an investment advisory firm, enrolling in a college financial planning program has become a popular path. More colleges have started up these programs, often working with the Certified Financial Planner Board of Standards, Inc. to provide students with the education requirement for the group's financial planner certification.
From Financial Advisor IQ
1 visitor like this article | Viewed 3335 times | 0 comment
Summary: Over the course of a decade, a new practice goes from zero to $50 million in assets under management while another practice amasses twice that amount. In the next decade, the larger firm plateaus while the smaller one goes on to eclipse it in asset growth. Why the difference? And just how much should advisors expect to grow year on year?
From wealthmanagement.com
1 visitor like this article | Viewed 2821 times | 0 comment
Summary: Despite years of industry hype about how social media can be a valuable marketing tool for advisors, especially among younger prospects, millennials don’t actually want to communicate with financial services firms on social networks. Only 0.03 percent of millennials want firms to contact them via social media, according to a new study by BNY Mellon and a team of undergraduates at the University of Oxford.
From CNBC
1 visitor like this article | Viewed 2794 times | 0 comment
Summary: Members of Generation X face the daunting task of planning for a retirement that will likely include no pension, a potential Social Security haircut, stagnant wages and high education costs for them and their children.
From InvestmentNews
2 visitors like this article | Viewed 3022 times | 0 comment
Summary: The latest performance results are in, and 2013 was a great year to be in the financial advice business.Financial advisory firms boosted assets under management last year by 21% to an average of $502 million, the 2014 InvestmentNews Financial Performance Study of Advisory Firms found. That's up from $414 million in 2012. AUM, in fact, has increased an average of 20% every year since 2009.
