Advisor Business
Underscoring Why The Financial Planning Coalition Is Headed In the Wrong Direction, 1,100 Advisors Attended AICPA’s Financial Planning Conference
With AICPA saying 1,100 advisors attended its financial planning conference this past week, the importance of CPA financial planners to the financial planning profession is self-evident, as is the unrealistic and ill-advised position of the Financial Planning Coalition on how best to protect consumers and regulate the financial advice business.
Digging Deeper Into The Recent IPI Report Reveals Hidden Industry Issues Affecting Clients Of All Asset Levels
The recent study from the Institute of Private Investors (IPI) was quite revealing of the investment trends and attitudes toward advisor relationships by the ultra-wealthy.
The main takeaway from a media perspective is that, to attract these clients, advisors need to make them partners in the asset management process. This is something many advisors are reticent to do with clients at any asset level.
Series Of Four Reports Ques Advisors On How To Adapt Businesses And Interact With The Futurewealthy; Second In Series Reveals Communication Age
Along with the new generation is coming a new wave of wealth and their main form of communication is digital.
This is the conclusion of the second in a series of four reports on the so-called Futurewealthy.
CFP Board Responds To Questions About NAPFA's Decision To Require CFP For Membership, But Continues To Ignore Questions About Its Consumer Disclosures For CFPs Affiliated With A BD And Acting As Fiduciary
Certified Financial Planner Board of Standards Inc. earlier this week responded to questions posed about NAPFA's decision last month to only allow CFP designees to become members.
On December 4, the National Association of Personal Financial Advisors (NAPFA), in a press release, said it would only accept CFP designees as members, asserting it was in the best interest of consumers. However, the move could be seen by other professional designations, such as CFAs, CPA/PFSs, CIMAs, and CPWAs, as a slap in the face. It could also be anti-competitive and not in the best interest of consumers
Two RIAs Merge, Creating New Firm With Over $4.3 Billion In Assets Under Management
Consolidation in the RIA industry took another significant step forward with the merger of Argent Financial Group Inc. and Highland Capital Management LLC.
The combined firms manage assets of over $4.3 billion. Highland manages equity and fixed income portfolios for individuals, institutions, and businesses.
More Articles ...
- For CFPs To Be Regarded And Regulated As Professionals, Financial Planning Coalition Must Build Bridges, Not Walls; CFP Alignment With CFAs, CPAs, CPWAs Is In Consumers’ Best Interest
- Raising Taxes On The Wealthy Is Increasingly The Sticking Point In Fiscal Cliff Negotiations
- LPL Financial Names New Chief Information Officer
- Small Firms Will Still Be Viable Even As Larger Independents Continue To Consolidate
