by Patrick M. Kelly | Oct 23, 2013 | Breakaway Brokers, Independents
[pullquote]Advisors now need to step up their game[/pullquote]Independents were long seen as having an easy growth path in the Bay Area market, in part because their non-corporate business model appealed to the tech entrepreneurs generating so much of the region’s...
by Patrick M. Kelly | Oct 14, 2013 | Financial Advisors, Technology
“With advisors’ business models constantly evolving, the pressure on independent broker-dealers to continually enhance their technology platforms has never been more intense. From portfolio management to client relationships, advisors are demanding that competitive...
by Patrick M. Kelly | May 9, 2013 | Diversity, Financial Services Industry
“The financial planning profession is expected to expand by 32 percent by 2020, more than twice as fast as other professions, according to the Bureau of Labor Statistics. Noting that 70 percent of women would prefer to work with a woman advisor, the need and the...
by Patrick M. Kelly | Nov 7, 2012 | Financial Advisor Job Recruits, Financial Recruiters, Financial Recruiting Industry
The bidding war among the big wirehouses to recruit financial advisors who manage the assets of the “ultra rich” continues. High-end U.S. brokers are being offered two to three times the commissions and fees they produced in the previous year, a reflection of how...
by Patrick M. Kelly | Aug 2, 2012 | CPAs, Financial Advisors, Financial Services Industry
How often does a CPA offer tax-efficient investment strategies to their clients? Quite frequently, actually, and without asking for additional pay for this financial advice. John Azodi, a CPA and financial planner personally believes that “every CPA either needs to...