by Patrick M. Kelly | Aug 19, 2013 | Financial Services Industry, Raymond James
Raymond James Financial has launched “Portfolio Management Center” (or PMC), a portfolio management and research tool for its employee and independent-channel advisors. The company announced on July 30, that PMC, which is part of the firm’s Advisor Access platform, is...
by Patrick M. Kelly | Aug 2, 2013 | Financial Advisors, Financial Services Industry
Independent financial advisors could soon face a new complex set of anti-money laundering rules. FinCEN, is currently drafting a new set of anti-money laundering (or AML) rules for advisors, revising a proposal that was introduced in 2003 but ultimately abandoned in...
by Patrick M. Kelly | Jul 31, 2013 | Compensation, RIA
[pullquote]Is the RIA profession entering a golden era? Sounds gushy, but it might be true.[/pullquote] “Increasingly, investor mindshare and wallet share are moving into the space as people turn away from the commission-based model in favor of a fee-based one that,...
by Patrick M. Kelly | Jun 13, 2013 | Financial Advisors, Financial Recruiting Industry, Financial Services Industry
The role of the sales assistant or client associate becomes critically important to maintaining the cycle of client attainment and client satisfaction. Great support staffs are invaluable, but are very hard to find and even more challenging to manage. Especially as...