As firms grow, metrics become increasingly important in gauging performance. But some things don't show up in the numbers.
In which we make a few modest requests for the health of the profession as well as the financial services industry.
The claim that imposing a fiduciary duty on advisors will cause middle-income individuals to lose access to financial help is, quite simply, not believable.
Everyone agrees that the current mishmash of legal oversight doesn't work. Here's a framework that could clean up the mess.
Advisors are trying a dizzying variety of compensation plans. Some have been a lot more successful than others.
Friction between the generations has been around forever. But does it actually matter in the workplace?
You know you're supposed to provide great client service. Is anybody telling you how to do it?
Planners report that these worries and uncertainties dominate their thoughts about the profession.
In contemplating the future, here's what I predict for the profession and the investment markets.
To lure advisors away from their desks for a few days, conferences need to offer more than they do now. Here are a few ideas to deliver a lot more value.
With fiduciary advisors taking market share from the brokerage firms, will FINRA exact payback? Here's a glimpse of what may come.
If you're not doing the hard work of developing detailed plans for your clients, maybe you need a new job description.
The hyper-partisan nature of this last Presidential election was guaranteed to create a long, unhappy hangover for half of the American population, and it created a particular challenge for financial planners and investment advisors. Billions of dollars were spent to tell investors and clients that America is going to hell in a handbasket. People were emotionally invested in the outcome
If we want uniform rules on investing recommendations, why stop at advisors?
A surprisingly simple business model could deliver financial advice to a much broader segment of the American population.
Instead of fighting against bad proposals, shouldn't the RIA community be proposing better alternatives?
It's how I usually figure out the next big trend in the planning profession.
Why are independent B-D organizations and dually registered advisors taking the wirehouses' lobbying position?
How can we keep planners from straying from difficult, not especially lucrative planning work to an easier business model?
How well do our models fit actual behavior in retirement?