Managing
Creating Your Firm’s Vision To Guide Your Business Decisions And Staff Direction
- Details Category: Practice Management
Building an advisory business requires making a decision to grow your business and to what extent you want to grow. To effectively manage the successful growth and evolution of your firm, time needs to be dedicated to the strategic planning process. Once you have committed to this ongoing process, begin by defining the vision for your business.
Start Your Strategic Planning Process- Begin With A Clear Vision
- Details Category: Practice Management
A new year always causes me to pause and reflect on what I have or have not accomplished during the prior year and look forward what I want to achieve in the upcoming year. There isn’t anything we can do about the past, but we can decide what our future will look like. Begin with a longer-term vision of where we want to be and then focus on shorter time periods, the next year, next month, and next week.
Personality Tests May Offer Clues About Team Member Fit But The Analysis Should Not Stop There
- Details Category: Practice Management
How your team functions internally and how its members leverage off of each other’s abilities are critical elements in success.
But the impetus behind using the tests may be faulty. Here’s why.
Dear Advisors4Advisors: Is It Okay To Charge A New Client While His Assets Are Being Transferred?
- Details Category: Practice Management
A member of Advisors4Advisors yesterday wrote in with a question about whether there is an industry standard on whether to charge a new client while his assets are being transferred. While there may indeed be FINRA rules on the matter, there probably are no rules about this for RIAs. Nor do professional certifications deal directly with such cases.
To provide an authoritative answer, I reached out to several practitioners and below are there answers. Please feel free to post a comment if you have anything to add to their answers. And if you are an A4A with a question about such
How To Make New Years' Resolutions Stick
- Details Category: Practice Management
Almost half of American adults make one or more New Year resolutions every year and fail. That’s probably why the other half of the population doesn’t even bother. Here why New Year resolutions fail and a strategy to make them stick.
The most common resolutions are about weight loss, exercise and smoking. I see this first hand in all of my speaking engagements. When I give the audience a chance to make commitments, they almost always are about their health.
I remember speaking at an elitefor for insurance "producers," Forum 400. They had an opportunity to share commitmen
More Articles ...
- Getting Your RIA To The Next Level In 2013; Resolve To Follow These Six Steps And I'll Help You Follow Through
- Advisors4Advisors Person Of The Year In RIA Practice Management: Sheryl Rowling
- Privacy And Personal Protection Are Top Concerns Of The Wealthy, Particularly Regarding Their Children; Here's An Opportunity To Deepen Client Relationships And Show Even Greater Value
- Advisors Bullish On Logos; Worth the Expense Even If Effectiveness Can't Be Measured
