- FTC Bans Non-Compete Clauses. What Does It Mean for Financial Advisors?
A proposed rule from the Federal Trade Commission (FTC) could ban employers from binding up employees with non-compete clauses. If passed, this rule could increase career opportunities for millions of Americans. And it could change the way employers endeavor to… read more…
- Social Media Marketing Tips for Financial Advisors to Grow Their Business
Millions of people use social media every day. And there’s likely a huge gap in your marketing plan if you’re not leveraging them to promote your advisory business. Social media platforms offer an opportunity to connect with prospects and current… read more…
- Digital Marketing Strategies for Financial Advisors
In a tech-driven age, digital marketing is integral to growing and scaling your advisory business. Social media is an important component, but digital marketing strategies encompass much more than that. If you’re not exploring its possibilities yet, you could be… read more…
- Email Marketing Strategies for Financial Advisors to Grow Their Business
Digital marketing is reshaping the way advisors connect with prospective clients. Email marketing is one branch of that and it can be an effective way to communicate with clients while fostering trust. In short, email allows you to put your… read more…
- How Financial Advisors Can Improve Client Engagement
Finding new clients can take up a significant amount of time and energy in your business. And once you get them, you have to keep them. That’s where client engagement becomes paramount. Engagement is part of an overall marketing strategy… read more…
- Understanding the Financial Planner Career Path
The job outlook for financial planners, professionals who help clients build long-term strategies for retirement and meet other financial goals, appears strong. According to the U.S. Bureau of Labor Statistics, jobs in this area are projected to grow 15% from 2021… read more…
- How Advisors Are Approaching Bonds in 2023
The bond market was one of 2022’s big question marks. Last year’s stock market took a big hit. Marked by significant volatility, the S&P 500 ended the year down about 20%. But bear markets happen, and stocks are known for… read more…
- Brokers, Take Notice: Industry Watchdogs Eye Reg BI Compliance
Financial professionals recently received a reminder that industry overseers are closely monitoring how firms are implementing standards and practices under Regulation Best Interest (Reg BI). In mid-January, the Financial Industry Regulatory Authority (FINRA) issued an annual report that, among other… read more…
- Policy and Tax Changes Impacting High-Net-Worth Clients in 2023
As 2023 begins, advisors are looking ahead to the policy and tax changes impacting their high-net-worth clients. Those include changes stemming from the passage of Secure 2.0 Act. Read on for the 2023 policy and tax changes that advisors expect… read more…
- 4 New Year’s Resolutions for Financial Advisors to Improve Their Business
For financial advisors, the new year is a great time to take stock and reset. The investment year is over. The tax harvest is in. Contribution limits have reset. And plenty of clients will be looking for a new approach.… read more…
- CFP Exam: How to Study and What to Expect
If you’re interested in becoming a certified financial planner, passing the CFP exam is a necessary step. The CFP exam is a 170-question multiple choice test that’s designed to thoroughly test your knowledge about financial planning. Preparation is key, as… read more…
- How Financial Advisors Can Attract High-Net-Worth Clients
One of the most effective ways to grow your advisory business is to increase the number of high-net-worth and ultra-high-net-worth clients you serve. Not only do these types of clients have more investable assets, but they may also be more… read more…
- How to Become a Financial Advisor in 6 Steps
If you’re good with money and working with people, you may be interested in becoming a financial advisor. There’s more than one way to become a financial advisor, of course, and countless certifications and specialties to pursue. But whether you’re… read more…
- 3 Market Trends Advisors Should Eye in 2023
When looking ahead to 2023, advisors should keep an eagle eye on a range of investing trends and market factors. Nobody has a crystal ball, but after a whiplash-inducing 2022, investing experts are considering the forces that will shape 2023.… read more…
- What Advisors Can Learn From Working With Professional Athletes
Working with professional athletes – whether they play for the NFL, NBA, WNBA, MLB, NHL, MLS, NWSL, MMA, WWE or another sports league – presents unique challenges. Every athlete has a different career timeline and goals. And every athlete tends… read more…
- Ask an Advisor: I Have a ‘Solid Understanding’ of Investment Strategies. So Why Should I Pay 1% to a Financial Advisor?
Is it worth paying a financial advisor to manage retirement funds if you are confident in your own financial investment strategies? I feel like I have a solid understanding of long-term investment strategies. And as such, I feel the roughly… read more…
- CFP Board Publishes New Crypto Guidance for Advisors
When providing financial advice on cryptocurrencies, certified financial planner (CFP) professionals have fresh guidance from the CFP Board. The governing organization published a notice recently in response to questions about applying the CFP Board’s “Code of Ethics and Standards of Conduct”… read more…
- Advisors Should Understand These 2023 Tax Changes Now
As the New Year arrives, financial advisors should be looking ahead to 2023, understanding what tax changes will impact clients and what they can do to plan ahead. For financial advisors, the 2023 tax year won’t be chock-full of major… read more…
- 4 Things Advisors Get Wrong About Tax-Loss Harvesting
For some reason, financial advisors will frequently tout tax-loss harvesting as an incredible opportunity, skipping over the fact that it is ultimately a consolation prize for having lost value on an investment. There is absolutely a case for tax-loss harvesting and… read more…
- Webinar: 10 Things Advisors Should Discuss With Clients Before the Year Ends
Before 2022 comes to a close, advisors should kick off discussions with clients on a range of subjects, including retirement, investing, insurance and taxes. For many of these topics, there are year-end deadlines or contribution cut-offs that are important to… read more…
- Millennials, Gen Zers Are Gaining Wealth, But Advisors Aren’t Meeting Them Where They Are
Young Americans are poised to inherit and grow significant wealth. But when it comes to meeting them where they are – notably, on various digital feeds where they tend to take in financial advice via video – financial advisors aren’t… read more…
- A New Advisor Ranking Is Launching. Here’s What Advisors Should Know
USA Today will publish its inaugural “Best Financial Advisory Firms” list in April 2023, according to the digital news organization. The aim is to publish a guide to the top registered investment advisors (RIAs). The company says that results will… read more…
- The 8 Best Books Every Financial Advisor Should Read
Personal and professional development are central to your success as a financial advisor. The ability to grow and adapt can help you to better serve your clients and strengthen your business. Reading books about business, finance and self-improvement can aid… read more…
- Why Clients Leave Financial Advisors (And How to Avoid It)
Losing clients can be a frustrating experience and when it happens to you, you may be left wondering what you could have done differently. There are a number of reasons why clients leave financial advisors and there may be more… read more…
- Financial Advisors Guide to Choosing a Custodian
A custodian is integral to your advisory firm’s operations as you’ll need a secure place to hold client assets. Working with a quality provider can also help to improve efficiency, which can be instrumental in driving your firm’s success. It’s… read more…