1 visitor like this article | Viewed 2267 times | 0 comment
Summary: Firm expenses rose more quickly than revenue, according to the 2016 FA Insight Study of Advisory Firms: Growth by Design. Median overhead per client jumped 31%, and overhead expenses as a share of revenue for a typical advisory firm leaped to 38% last year, up from 34% in 2014.
1 visitor like this article | Viewed 2241 times | 0 comment
Summary: Investment advisory firms, on average, had a 28.2% operating income margin last year, up a percentage point from the year before and six percentage points higher than 2011, according to a study released Friday by Charles Schwab
0 visitor like this article | Viewed 2201 times | 0 comment
Summary: To get a sense of the financial risks that students and young graduates face when entering the workforce these days, consider that student debt ballooned to $1.35 trillion this year and shows no sign of abating, according to the Federal Reserve. Also, most Americans graduate from high school and college without financial literacy training.
2 visitors like this article | Viewed 2221 times | 0 comment
Summary: [VIDEO 1.21] "The way that we deliver advice has to change," says United Capital CEO Joe Duran.
1 visitor like this article | Viewed 2150 times | 0 comment
Summary: Our earlier summer reading list was such a hit, a sequel was a must. Here are more suggestions from wealth management executives and industry experts that advisers should not miss. These books will help planners buttress their practices and client strategies, while satisfying their literary appetite.
