1 visitor like this article | Viewed 3343 times | 0 comment
Summary: Planners gathered in Salt Lake City last week for NAPFA's annual spring conference, hearing the latest thinking on behavioral finance, student debt, practice management and more. Here are a few of the smartest things that Financial Planning's staff and contributors heard at the conference.
1 visitor like this article | Viewed 3082 times | 0 comment
Summary: Fresh off of adding a new platform earlier this year, HighTower Advisors chief executive Elliott Weissbluth now compares the firm's growing reach to perhaps an unlikely rival — Raymond James Financial Inc. HighTower launched its Alliance platform in early March. The fee-for-service offering allows firms such as credit unions or registered investment advisers to rent HighTower's compliance, back office and technology platforms.
1 visitor like this article | Viewed 3014 times | 0 comment
Summary: Dan Heath, a senior fellow at Duke University’s Center for the Advancement of Social Entrepreneurship and co-author of “Decisive: How to Make Better Choices in Life and Work,” gave attendees at IMCA’s annual conference on Monday four reasons their decisions and their clients’ fail.
2 visitors like this article | Viewed 3389 times | 0 comment
Summary: Countless books and movies have been written about the point at which computers shift from being our friend to becoming the enemy. For financial advisers, the battle lines are being drawn right now.Over the course of our careers, computers have helped elevate the services we provide to clients and have driven down costs.
2 visitors like this article | Viewed 3164 times | 0 comment
Summary: Advisers spend a lot of time thinking about their growth strategies. Two years ago, when InvestmentNews fielded the 2012 InvestmentNews/Moss Adams Financial Performance Study of Advisory Firms, we identified a subset of firms that were deemed “top performers." These firms were defined as the top quartile of participants across a range of metrics including revenue growth, cost control and profitability. The study found that the fastest-growing and most profitable firms sometimes take an unconventional approach to their business models.
