Financial Advisor Source

Repurposing Your Content To Enhance Growth: How 1 Piece Of Content Can Cover 6 Different Marketing Tactics

Nerd's Eye View

APRIL 15, 2024

Growing an advisory firm is no easy task – and advisors who start firms often have few resources to spare (beyond their own knowledge and time), face huge to-do lists, and are required to wear a number of hats. With all of this "supporting material" taken from the original video, an advisor can make the most out of 1 recorded video.

Marketing

Marketing Marketing Engineering Media

How Advisors Can Get Client Referrals Identifying “Active Promoters”

Nerd's Eye View

MARCH 11, 2024

Referrals can play a vital role in the growth of financial advisory firms since finding prospective clients via referral requires virtually no hard-dollar costs, and it takes only a fraction of the time needed for other marketing channels like social media, blogging, and seminars. refer others to) the advisor.

Clients

Clients Media Accounting Management

Advisor Channels Converge at FSI’s Annual Conference

Wealth Management

JANUARY 24, 2023

The broker/dealer business is starting to embrace different models and affiliation options.

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

MORE WEBINARS

How Advisors Can Get Client Referrals By Identifying “Active Promoters”

Nerd's Eye View

MARCH 11, 2024

Referrals can play a vital role in the growth of financial advisory firms since finding prospective clients via referral requires virtually no hard-dollar costs, and it takes only a fraction of the time needed for other marketing channels like social media, blogging, and seminars. refer others to) the advisor.

Clients

Clients Media Accounting Management

Raymond James Gains Advisor From Morgan Stanley, Loses One to LPL

Wealth Management

APRIL 17, 2024

Taimur Baig’s move to Raymond James from Morgan Stanley is the latest of several teams joining the firm’s employee advisor channel from the wirehouse this year.

$750M Advisor Joins Raymond James from Schwab

Wealth Management

MARCH 26, 2024

Lynette Ancona will be part of Raymond James’ employee advisor channel. Previously, she was a branch-based advisor with Charles Schwab.

#FA Success Ep 363: Finding The Best Networking Approach For Prospects (And New Career Opportunities), With Christa Madison

Nerd's Eye View

DECEMBER 12, 2023

Welcome back to the 363rd episode of the Financial Advisor Success Podcast! My guest on today's podcast is Christa Madison. Christa is the Managing Director of Financial Planning and Business Development at Sebold Capital, a fee-only RIA based in Chicago, Illinois, which manages $300M across more than 100 client households. Read More.

Financial Advisor

Financial Advisor Fee Only Financial Guidance Insurance

Nine Investment Must Reads This Week

Wealth Management

APRIL 16, 2024

KKR logged $3 billion in sales in products aimed for the private wealth channel—up from $400 million in sales per quarter in 2022. These are among the investment must reads we found this week for wealth advisors. Morningstar published an explainer on the growing world of interval funds.

Investing

Investing Investments Wealth Advisor Sales

How Financial Advicers Can Write, Publish, And Distribute Their Own Book To Create A More Effective Impression On Prospective Clients

Nerd's Eye View

NOVEMBER 27, 2023

One of the main goals of financial advisors who market themselves is to build a foundation of trust with their prospective clients so that they feel comfortable in discussing often-sensitive financial topics and ultimately acting on the advisor's recommendations. Establishing that the author understands the reader's problems (e.g.,

Distribution

Distribution Financial Advice Clients Financial Advisor

Weekend Reading For Financial Planners (February 10-11)

Nerd's Eye View

FEBRUARY 9, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a recent survey sponsored by CFP Board demonstrates the upsides of a career in financial planning, from a median salary of nearly $200,000 to flexible work schedules and a strong sense of purpose among advisors.

Financial Planner

Financial Planner Fee Only CFP Commission

$580M Florida Team of Siblings Joins LPL from Merrill Lynch

Wealth Management

MARCH 25, 2024

The trio of Sarah, William and Dexter Grafton will form Grafton Wealth Advisors by joining LPL's independent broker/dealer channel for advisors from wirehouses or full-service firms.

Wealth Advisor

$300M California Team Joins Raymond James from UBS

Wealth Management

MARCH 21, 2024

The trio of advisors will form THG Retirement Solutions of Raymond James in the firm's employee advisor channel. The move came after the firm announced CFO Paul Shouky would succeed Paul Reilly as CEO.

Retirement

The Latest In Financial #AdvisorTech (March 2024)

Nerd's Eye View

MARCH 4, 2024

Welcome to the March 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Startup

Startup Wealth Management Clients Portfolio

Weekend Reading For Financial Planners (January 20-21)

Nerd's Eye View

JANUARY 19, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study has found that while total financial advisor headcount across all channels only increased by 0.3% growth, as breakaway brokers and new advisors see the potential benefits of the RIA model.

Financial Planner

Financial Planner Fiduciary Duty Retirement Retirement Planning

Eight Investment Must Reads This Week

Wealth Management

MARCH 19, 2024

Partners Group is dipping its toes into royalties investing with plans to debut a fund for the wealth channel eventually. These are among the investment must reads we found this week for wealth advisors. Grayscale has signaled that it intends to lower fees on its Bitcoin ETF.

Investing

Investing Investments Wealth Advisor Planning

Weekend Reading For Financial Planners (October 21-22)

Nerd's Eye View

OCTOBER 20, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study from Fidelity Institutional highlights the growing popularity of the RIA model and the success advisors have had after going independent.

Financial Planner

Financial Planner Retirement Planning Retirement Healthcare

Sending (Private) Client Newsletters: How Advisors Can Do It Effectively To Reinforce Value

Nerd's Eye View

JANUARY 15, 2024

For financial advisors, an ongoing client service model often means finding ways to keep clients engaged and progressing toward their goals outside of the 1 or 2 typical client review meetings each year. The key point is that newsletters can be a valuable tool even for advisors who aren't naturally inclined to write.

Clients

Clients Communication Financial Advisor Wealth Management

#FA Success Ep 344: Scaling To $5B By Going Narrow And Deep Across Multiple Business Segments At Once, With Brad Barrett

Nerd's Eye View

AUGUST 1, 2023

Welcome back to the 344th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Brad Barrett. Brad is the Managing Director and Partner of One Capital Management, an independent RIA based in Westlake Village, California, with locations across the country, that oversees $5.3

Financial Advisor

Financial Advisor Media Clients Management

$350M New Hampshire Team Joins Raymond James From Morgan Stanley

Wealth Management

MARCH 5, 2024

A New Hampshire team with $350 million in assets is joining Raymond James' employee advisor channel from Morgan Stanley.

Assets

$165M New Jersey Advisor Joins Raymond James from UBS

Wealth Management

FEBRUARY 5, 2024

He’s joining Raymond James' independent advisor channel. Andrew Ober has worked in the industry for over 40 years, including a multi-decade stint at Merrill Lynch.

How One Private Real Estate Firm is Attempting to Court Financial Advisors

Wealth Management

DECEMBER 18, 2023

CIM Group Principal Emily Vande Krol discusses the firm’s tactics for making inroads with RIAs and financial advisors and why it’s targeting the wealth channel.

Financial Advisor

11 Investment Must Reads for This Week

Wealth Management

FEBRUARY 13, 2024

The push to develop products for the wealth channel has raised concerns about how asset managers are selecting investments for these funds vs. their traditional vehicles, reports Pitchbook. These are among the investment must reads we found this week for wealth advisors.

Investing

Investing Investments Wealth Advisor Assets

Stifel’s IBD Chief Alex David Jumps to Raymond James

Wealth Management

FEBRUARY 12, 2024

The former Stifel and Wells Fargo executive will serve as Northeast division director for Raymond James’ independent advisor channel.

Vanguard’s Head of Financial Advisor Services to Retire

Wealth Management

DECEMBER 19, 2023

Amma Boateng, who currently leads the broker/dealer channel within Financial Advisor Services, will succeed Tom Rampulla, effective Jan.

Financial Advisor

Financial Advisor Retirement

RIA Roundup: Sunshine Private Wealth Joins Steward Partners from Hightower

Wealth Management

OCTOBER 13, 2023

Steward Partners adds the first team to its IAR-only channel, Allworth Financial names a new CEO and other news from Wealth Enhancement Group, EP Wealth Advisors, Kestra PWS, Gaddis Premier Wealth Advisors and Pitcairn.

Wealth Advisor

#FA Success Ep 367: When Being In Business With Your Spouse Doesn’t Work Out And You Have To Start Over, With Kimberly Enders

Nerd's Eye View

JANUARY 9, 2024

Welcome back to the 367th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Kimberly Enders. Read More.

Financial Advisor

Financial Advisor Financial Planner Clients Food

Advisors, Asset Managers Bank on Alternative Investment Growth at CAIS Summit

Wealth Management

OCTOBER 18, 2023

Asset managers are increasingly rolling out products aimed at the wealth channel, but will advisors bite?

Assets

Assets Management Banking Investing

Is The End Near at The Wirehouses?

Diamond Consultants

MARCH 13, 2024

Even leading industry reports reflect a pattern of impending demise for the wirehouse channel: In a 2023 report , Cerulli stated, “By 2027, independent and hybrid RIAs will control about one-third of the intermediary market, continuing the trend of advisors and assets moving to these channels.” But is that really the case?

Recruitment

Recruitment Wealth Management Retirement Clients

MDRT video favorites: Connect better with clients

Million Dollar Round Table (MDRT)

MARCH 28, 2024

By Antoinette Tuscano Just as there are many types of clients, there are many ways financial advisors can work and communicate with their clients to build engagement. MDRT members from around the world share what’s working for them in these videos, which were viewers’ favorites on MDRT’s YouTube channel so far this year.

Clients

Clients Financial Advisor Communication

The Latest In Financial #AdvisorTech (January 2023)

Nerd's Eye View

JANUARY 2, 2023

Welcome to the January 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! niche) clientele. niche) clientele.

Insurance

Insurance Engineering Financial Advisor Clients

#FA Success Ep 309: Leveraging Structured Notes To Differentiate A Highly-Leveraged $300M Solo Practice, With Anh Tran

Nerd's Eye View

NOVEMBER 29, 2022

Welcome back to the 309th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Anh Tran. Anh is the Founder and Managing Partner for SageMint Wealth, a corporate LPL-affiliated RIA based in Orange, California, that oversees nearly $325 million for 195 client households.

Estate Planning

Estate Planning Financial Advisor Financial Services Clients

Kitces & Carl Ep 90: Standing Out On Social Media By Finding The ‘Minimum Viable Audience’

Nerd's Eye View

JULY 14, 2022

In recent years, many financial advisors have turned to social media as a marketing tool to connect with prospective clients. Its ease of use and potential to reach large audiences have made it a very attractive channel to generate potential leads. Read More.

Media

Media Clients Financial Advisor Communication

Advisor Group to Unify Broker/Dealers Under New Brand

Wealth Management

APRIL 26, 2023

Advisor Group will merge its eight broker/dealers onto one platform, under a new name, in an effort to reduce complexity, streamline around business channels and unlock the benefits of its size and scale.

Goals, purpose and finding more referrals: Favorite MDRT videos

Million Dollar Round Table (MDRT)

DECEMBER 19, 2023

By Antoinette Tuscano Reaching your goals, understanding your purpose as a financial advisor and amping up referral rates are covered in the most-viewed videos of 2023 on MDRT’s YouTube channel. These ideas came from MDRT Annual Meetings that spanned decades — from 1986 to 2022 — and from MDRT members worldwide.

Financial Advisor

Freedom + Control: Fueling The Independent RIA Movement

Advisor Perspectives

DECEMBER 1, 2023

Over 10,000 advisors became RIAs between 2015 and 2020 alone. Freedom, control, and economic advantages are the key reasons for the impressive growth of the independent Registered Investment Advisor (RIA) channel over the years. Ever wonder why?

Investment Advisor

Investment Advisor Numbers Economics Investing

A Candid Q&A With Merrill Lynch President Andy Sieg

Wealth Management

JANUARY 24, 2023

The head of the Thundering Herd talks about the brokerage’s relationship with Bank of America, advisor attrition, recruiting and whether the firm will ever add an independent channel.

Recruitment

Recruitment Banking

Kitces & Carl Ep 94: Is Being A Financial Planner A Service Business Or An Intellectual Property Business?

Nerd's Eye View

SEPTEMBER 8, 2022

For many financial advisors, the most valuable part of what they offer comes down to the financial advice that they give, whether it be the expert guidance they give to a certain niche or a unique point of view that presents unique insights to an individual client. developing a valuable offering for consumers.

Financial Planner

Financial Planner Financial Advice Financial Advisor Financial Planning

Wirehouse Advisors Say Compensation Plans Are Too Complex

Wealth Management

MARCH 9, 2023

Wirehouse advisors are more likely to be unhappy with their compensation than those in other channels, saying the packages are too complex and change frequently, according to a new Cerulli report.

Compensation Planning

Compensation Planning Planning

Kestra Launches Model Portfolios

Wealth Management

OCTOBER 4, 2022

The models are part of Kestra’s efforts to bring investment services to advisors across the firm’s business channels, executives say.

Portfolio

Portfolio Investing Investments

LPL’s Recruited Assets Down in 2022

Wealth Management

FEBRUARY 3, 2023

The IBD reported a slowdown in recruited assets in 2022, although its traditional independent advisor channel had a strong quarter.

Recruitment

Recruitment Assets

#FA Success Ep 378: Scaling Growth At 1/4th The Cost Of M&A By Wading Through The “No’s” Of SmartAsset Leads, With Michael Collins

Nerd's Eye View

MARCH 26, 2024

Welcome back to the 378th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Michael Collins. Michael is the CEO & Founder of WinCap Financial, an RIA based in Boston, Massachusetts, that oversees $80M in assets under management for 70 client households. Read More.

Financial Advisor

Financial Advisor Clients Wealth Management Communication

Minimizing Advisor-Client Value Conflicts Using The Principles Of Aikido

Nerd's Eye View

JULY 6, 2022

Advisors occasionally encounter situations where their recommendations conflict with a prospect’s or a client’s opinions or beliefs. In some cases, it is clear to advisors that it would be inappropriate to try to persuade a client to go against their values.

Clients

Clients Asset Allocation Financial Advisor Portfolio

Building trust with younger clients by giving back

Million Dollar Round Table (MDRT)

NOVEMBER 12, 2023

Adriano Torreon , a four-year MDRT member from Bohol, Philippines, dedicates himself to helping underprivileged students complete their college education by channeling some of his commissions into scholarships. One of his motivations for working hard as a financial advisor is for him to be able to support more scholars.

Clients

Clients Commission Financial Advisor Education

Don’t Wing It: Systems and Processes Prevail

NAIFA Advisor Today

OCTOBER 20, 2023

Dan Finley is an experienced financial advisor and professional coach who founded a business consulting and coaching service dedicated to helping advisors enhance their business. His financial advisory and coaching experience includes all three major distribution channels: wire-house, bank, and independent.

Financial Advisor

Financial Advisor Distribution Consulting Education

Repurposing Your Content To Enhance Growth: How 1 Piece Of Content Can Cover 6 Different Marketing Tactics

How Advisors Can Get Client Referrals Identifying “Active Promoters”

Webinars

Trending Sources

Advisor Channels Converge at FSI’s Annual Conference

Webinars

How Advisors Can Get Client Referrals By Identifying “Active Promoters”

Raymond James Gains Advisor From Morgan Stanley, Loses One to LPL

$750M Advisor Joins Raymond James from Schwab

#FA Success Ep 363: Finding The Best Networking Approach For Prospects (And New Career Opportunities), With Christa Madison

Nine Investment Must Reads This Week

How Financial Advicers Can Write, Publish, And Distribute Their Own Book To Create A More Effective Impression On Prospective Clients

Weekend Reading For Financial Planners (February 10-11)

$580M Florida Team of Siblings Joins LPL from Merrill Lynch

$300M California Team Joins Raymond James from UBS

The Latest In Financial #AdvisorTech (March 2024)

Weekend Reading For Financial Planners (January 20-21)

Eight Investment Must Reads This Week

Weekend Reading For Financial Planners (October 21-22)

Sending (Private) Client Newsletters: How Advisors Can Do It Effectively To Reinforce Value

#FA Success Ep 344: Scaling To $5B By Going Narrow And Deep Across Multiple Business Segments At Once, With Brad Barrett

$350M New Hampshire Team Joins Raymond James From Morgan Stanley

$165M New Jersey Advisor Joins Raymond James from UBS

How One Private Real Estate Firm is Attempting to Court Financial Advisors

11 Investment Must Reads for This Week

Stifel’s IBD Chief Alex David Jumps to Raymond James

Vanguard’s Head of Financial Advisor Services to Retire

RIA Roundup: Sunshine Private Wealth Joins Steward Partners from Hightower

#FA Success Ep 367: When Being In Business With Your Spouse Doesn’t Work Out And You Have To Start Over, With Kimberly Enders

Advisors, Asset Managers Bank on Alternative Investment Growth at CAIS Summit

Is The End Near at The Wirehouses?

MDRT video favorites: Connect better with clients

The Latest In Financial #AdvisorTech (January 2023)

#FA Success Ep 309: Leveraging Structured Notes To Differentiate A Highly-Leveraged $300M Solo Practice, With Anh Tran

Kitces & Carl Ep 90: Standing Out On Social Media By Finding The ‘Minimum Viable Audience’

Advisor Group to Unify Broker/Dealers Under New Brand

Goals, purpose and finding more referrals: Favorite MDRT videos

Freedom + Control: Fueling The Independent RIA Movement

A Candid Q&A With Merrill Lynch President Andy Sieg

Kitces & Carl Ep 94: Is Being A Financial Planner A Service Business Or An Intellectual Property Business?

Wirehouse Advisors Say Compensation Plans Are Too Complex

Kestra Launches Model Portfolios

LPL’s Recruited Assets Down in 2022

#FA Success Ep 378: Scaling Growth At 1/4th The Cost Of M&A By Wading Through The “No’s” Of SmartAsset Leads, With Michael Collins

Minimizing Advisor-Client Value Conflicts Using The Principles Of Aikido

Building trust with younger clients by giving back

Don’t Wing It: Systems and Processes Prevail

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