We started this blog back in April of 2011 kicking it off with a post about compliance in the wake of the financial market meltdown, the Bernie Madoff affair, and the massive 2,300 page Dodd-Frank Act. We’ve come a long way since then, publishing over 500 posts on topics ranging from compliance to technology, advisory and asset management. Thank you for helping us grow this blog and our community of readers. We’ve enjoyed all the conversations that have taken place here over the past seven years. Read more ›
Continuing our series of profiling successful advisors, we had the unique pleasure to sit down with Jordan Smyth, Managing Director of Edgemoor Investment Advisors. Edgemoor, based in Bethesda, MD, is a wealth management firm providing investment management and financial planning services to individuals and families, trusts, retirement plans, non-profit organizations, and foundations. Read more ›
Thousands of industry professionals from all facets of the financial advisor industry descended on Chicago’s McCormick Place last week for an action-packed, highly produced Schwab IMPACT 2017, the 26th annual conference. The conference continues to grow in proportion to Schwab’s scale in the RIA space. Read more ›
According to a Financial Planning survey, the highest-income advisors tend to serve fewer – not more – clients. By having fewer clients, advisors can spend more time with each client to focus on deepening the relationship which creates loyalty and generally increases walletshare. An integrated, client-centered approach is the best way to manage and develop your business. Leading financial advisors manage to this principle with a holistic, efficient technology solution that delivers efficiencies and streamlines operations. Read more ›
With the rise of passive investing and algorithm-based advice, investment management is slowly becoming commoditized. As a result, we are seeing more firms place a larger emphasis on wealth management to serve the complex planning needs of HNW clients. Many firms are offering deeper, more specialized service teams. Industry trends show independent RIAs can win market share by offering “softer” services with engaging experiences.
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