From Financial Advisor IQ
Added on September 2016 in Join an RIA
0 visitor like this article | Viewed 98 times | 0 comment
Summary: Culturally modifying the French axiom to the American way, the updated version might be, “The more advisers change firms, the more advisers face lawsuits.” Nevertheless, many advisers think that the potential future rewards justify the risks.
From WealthManagement.com
0 visitor like this article | Viewed 84 times | 0 comment
Summary: Twenty percent of advisors will likely exit the business voluntarily or involuntarily over the next five years; yet two-thirds of firms don’t have business continuity or succession plans, said Pershing CEO Mark Tibergien, speaking during a session at the Financial Planning Association’s annual conference in Baltimore this week.
From Financial Plannning
0 visitor like this article | Viewed 77 times | 0 comment
Summary: Many RIA owners look to their employees to take over the business when they retire. Yet some advisers are overlooking critical aspects of what an internal succession plan actually entails.
From WealthManagement.com
Added on September 2016 in Other Ideas
1 visitor like this article | Viewed 85 times | 0 comment
Summary: Tim Welsh, president of Nexus Strategy, says the five mega trends impacting the advisory space are: the growth and evolution of the U.S. wealth market, the fiduciary standard, the evolution of digital advice, the aging of human advisors and the movement to independence
From Think Advisor
Added on September 2016 in Other Ideas
1 visitor like this article | Viewed 82 times | 0 comment
Summary: Attempting to dispel the myths about robo-advice, Tom Kimberly, general manager of Betterment for Advisors, said the nascent robo-advice market is not “human vs. technology. One is not going to win and the other lose.”
