by Patrick M. Kelly | Mar 4, 2011 | Financial Services Industry, Job Market
Ask anyone on the block and most wirehouses and independent broker-dealers recognize that their core financial advisors are aging and will soon need to be replaced, but very few have done much in the past three years to address the issue. Most have spent their time...
by Patrick M. Kelly | Feb 14, 2011 | Economy, Financial Services Industry
The Dow Jones Industrial Average continues to rise slowly, as it has for the past two months. Although we have seen several instances of apparent recovery followed by another dip, we may be seeing the beginning of the end. As the White House reports unemployment rates...
by Patrick M. Kelly | Feb 7, 2011 | Financial Services Industry
When you think of your branch manager, what images come to mind? Does your branch manger send off positive, negative or neutral vibes? Perhaps the message is mixed. Because he or she represents the management of your firm more than any other executive, that...
by Patrick M. Kelly | Dec 17, 2010 | Financial Services Industry
As if this year hasn’t been difficult for most people in the financial industry, now they have one more day of work that would normally be a holiday. When market holidays fall on a Saturday, the markets close on the Friday before unless it is the end of a monthly or...
by Patrick M. Kelly | Dec 3, 2010 | Financial Services Industry
Some RIA firms are continuing to cut costs this year even though they are growing at a rapid rate since the financial crisis of 2008. There are a variety of ways to cut costs in your business. The main cost cutting is the salaries of the financial advisors in your...
by Patrick M. Kelly | Nov 17, 2010 | Clients, Financial Services Industry
Many average sized clients are still struggling with their finances and trying to deal with a smaller paycheck or temporary loss of income. Financial advisors are trying to help their clients by liquidating some investments to make it through to the New Year. Clients...
