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How the Best Advisors Are Like Olympic Athletes

From ThinkAdvisor
Added on December 2016 in Plan for the Future
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Summary: This summer when we joined millions of spectators around the world in watching the Rio Olympics, we only saw athletes in action for a few minutes, or maybe even seconds. But those performances didn’t just happen—long hours of hard work and dedication over many years created the excellence that appears so natural and seamless to the untrained observer.

5 Creative Ideas For Your Advisory Firm's Newsletter or Holiday Card

From IRIS
Added on December 2016 in Manage Your Practice
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Summary: Whether you’ve got your tree up and all your gifts wrapped or are freaking out that there are only 20 some days left until Christmas, there is no denying that the Holiday Season is officially here. On your long list of Holiday to-do’s is probably “send holiday cards” or “write holiday letter”.

The 10 Best Business Books of 2016 for Advisors

From WealthManagement.com
Added on December 2016 in Other Ideas
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Summary:With so many new business books published this year, it’s hard find the titles that will really make a difference to financial professionals. We pored over 200 new titles to find the books most focused on the needs of our readers and best able to help you be more targeted in serving your clients. Unlike previous years, 2016 did not produce a blockbuster finance book (think Thomas Piketty’s Capital in the Twenty-First Century from two years ago).

Six tips when considering business partnerships

From InvestmentNews
Added on December 2016 in Plan for the Future
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Summary: About 70% to 80% of business partnerships fail within five years. Tanya Rapacz, owner of the consulting firm The Partnership Resource, knows why firsthand. The former financial adviser saw the merger of her own firm with another fall apart after just two years because the partners weren’t compatible.

Client Response Confirms Firm's Decision to Focus on a Niche

From Financial Advisor IQ
Added on December 2016 in Manage Your Practice
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Summary: This time we hear from Evelyn Zohlen, president of Huntington Beach, Calif.-based Inspired Financial. She recalls her choice to focus her practice on women in life transitions, and how one client confirmed she had made the right decision.

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