With some one million odd fee-based brokerage accounts holding $300 billion in assets now legally considered advisory accounts, brokerage firms face the daunting task of deciding (quickly) what to do next.
Forget shows like The View. An increasing number of women are handling their own finances and want to talk money, but many firms aren’t listening.
Broker/dealers are starting to market credit products through financial advisors, and it’s good for everyone: the firms, the advisors and the clients.
Treat your clients the way you’d want to be treated, and referrals and business growth will follow naturally.
Client communications protocol has become so restrictive as to be absurd, registered reps say. How reps are handling it.
The rich are getting richer, and more independent when it comes to managing their wads of cash.