by Patrick M. Kelly | Oct 6, 2010 | Clients, Financial Services Industry
Upscale wealth managers take on a much larger role for their clients. Many of these financial advisors focus not just on their finances, but also their family and much more. Advisors want to develop a deeper relationship with their clients partly as a retention...
by Patrick M. Kelly | Sep 30, 2010 | Financial Services Industry
Assessing risk for clients is part of a financial advisor’s job, but are they forgetting about the everyday risks that aren’t directly related to their investments? The whole purpose of having a wealth manager or advisor is to focus on the client’s entire financial...
by Patrick M. Kelly | Sep 13, 2010 | Economy, Financial Services Industry, RIA
RIA firms have substantially increased their assets under management within the past year as of this past quarter. Their growth has jump by the end of the 2nd quarter and the top firms have almost doubled their accounts. Advisors are realizing that breaking away from...
by Patrick M. Kelly | Sep 3, 2010 | Financial Recruiting Industry, Financial Services Industry
[pullquote]A desire for a higher payout (came in) third place among rationales for leaving[/pullquote] Wirehouses have been beaten up lately mostly because of all the bad press and the destruction of their brand names. Financial advisors are looking to breakaway to...
by Patrick M. Kelly | Aug 30, 2010 | Clients, Financial Services Industry
[pullquote]The percentage of women who control the wealth will continue to increase over the years.[/pullquote] Most will agree that the financial services industry is a male-dominated world. So it is no surprise that women are less than happy with their current...
by Patrick M. Kelly | Aug 11, 2010 | Financial Advisors, Financial Services Industry
Broker Dealer firms are realizing that financial advisors want more independence, but still the comforts of having the best technology and benefits of a brand name. Firms like Wells Fargo and RBC Wealth Management have increased their independent channels recently and...
