Technology
Get Serious About Securities Trading
- Details Category: Advisor Applications
In economic terms, the word inelastic describes the concept of the inability to quickly adjust supply or demand despite changes in market conditions. I came across an excellent example of this concept with respect to security trading inside a respected wealth management firm.
In a recent Wall Street Journal article Advisers Look Within for Fraud, Diahann Lassus, co-founder of Lassus Wherley & Associates describes the firm's trading practices and highlights how multiple people are involved at separate stages to prevent fraud.
Wall Street Journal Launches Financial Advisor Blog
- Details Category: Web
On August 27, The Wall Street Journal launched a new blog targeted to financial advisors and wealth managers. The blog debuted with several relevant stories including broker defection from wirehouses, loyalty of high net worth families, and revisions to FINRA's fee-collection model.
Click here to read the WSJ Financial Adviser blog.
Money Tree Moves Ahead Even As Its Leader Steps Back
- Details Category: Advisor Applications
Mike Vikauskas, who quit being a financial planning in 1981 to start a financial planning software company, is taking Money Tree Software forward even as he plans his exit.
Vitkausas is stepping down from day to day activities to spend more time on volunteer activities in his church. It’s part of a succession plan that Vitkauskas has envisioned for years.
But even as he leaves, Money Tree is moving forward on the path set by Vitkausas over the past three decades by launching a new advisor application, Distribution Solution, which helps advisors create retirement plans for baby boo
Google vs. Bing: Reinventing Search
- Details Category: Web
This is a quick post on developments in the search engine space. This advisors4advisors article link talks about Google's infusion of "caffeine" updates to speed up indexing and improve results. This is likely a response to the introduction of Microsoft's Bing search engine.
If you're like me, you don't want to spend much time searching. Browsing the Internet is so 1990s.
I want a "find" engine, one that gets me the information I want as quickly as possible. Here's a tip how can you compare the two search engines to determine which one works best at finding information for you.
Think Like a Search Engine
- Details Category: Web
In the Technology Commentary article "Splash Pages Not Making the Right Waves," I provided several reasons why it's important that a website's main page have text content present. Text on the main page allows search engine web crawlers or "spiders" to identify what the page (and more importantly, the entire website) is about. Without text to evaluate, search engine spiders move on to other websites, skipping the current site altogether.
So what kind of information should go on the first page of a website?
