From Think Advisor
Added on March 2014 in Other Ideas
1 visitor like this article | Viewed 71 times | 0 comment
Summary: She's working hard to help more advisors bridge the gap. The author of “Moving Forward on Your Own: A Financial Guidebook for Widows,” Rehl has been a financial advisor for 17 years and is a widow herself. Now the president of Rehl WEALTH Collaborations LLC in Land O’Lakes, Fla., she has relinquished her RIA hat to focus on assisting widows and their advisors. In view of this client segment's growing importance, I recently asked her what advisors need to know to serve widows better.
From Wall Street Journal
Added on March 2014 in Join an RIA
1 visitor like this article | Viewed 95 times | 0 comment
Summary: For an adviser to make a transition to a new firm takes considerable work. Not surprisingly, most of that work has to be done well in advance of the transition, beginning with an open dialogue with the recruiting firm about their expectations and the resources that are going to be available to you. Before either of you make any sort of commitment, you want to make sure that you know exactly what you're entering into together.
From Think Advisor
Added on March 2014 in Other Ideas
1 visitor like this article | Viewed 68 times | 0 comment
Summary:We’ve all heard the stories of advisors who have successfully grown their firms with dramatic strategies: radio shows, seminars, a newspaper column, referrals from accountants or a tight niche focus (executives at a large local company, vineyard owners, dry cleaners, widows, etc.). Okay, are you ready for the secret to life, the universe, and advisory firm growth.
From Think Advisor
Added on March 2014 in M&A Issues
1 visitor like this article | Viewed 120 times | 0 comment
Summary: As more and more Baby-Boom-vintage advisory firms come up for sale or succession these days, the question of valuation is a recurrent theme. There are many methods to value a “small business” such as independent advisory firms—discounted cashflow, a multiple of earnings, a percentage of client AUM, etc.—but revenue multiples get little respect these days.
From InvestmentNews
1 visitor like this article | Viewed 88 times | 0 comment
Summary: When it comes to reshaping your practice, there are a lot of loose ends, but there's one that most advisers put off year after year — their website. I've seen it: the stock photography from 1985, that goofy animated banner, and those crooked pages that no one bothered to fix. And that's looking past the fact that there's really not much on there (other than your phone number and your address) that is really of value to visitors.
