Managing
Wealth-X Maps The Habitats Of The Ultra-Rich
- Details Category: Practice Management
If you've ever daydreamed about setting up a branch office in order to be where the ultra-high-net-worth prospects are, think a little harder about the mega-millionaires in your own backyard, wealth intelligence firm Wealth-X says.
MBA Programs Show Strengths
- Details Category: Personal Development
Most MBA programs are good at something, even if they're not ranked among the greats. Lower-ranked schools take top honors for accounting, marketing, and more. Full story.
The Stop-Doing List
- Details Category: Personal Development
Want to be more innovative? Stop doing all the stuff that is wasting time and sapping energy. Full story.
Why Are You Giving Away Your Profits?
- Details Category: Practice Management
Are you using some type of turnkey solution for your investment management practice? Maybe this was a good idea when you first started out, but why are you giving away your profits now?
This article will likely result in some pretty heavy objections from turnkey providers. Before the mail bags start coming in, let me say this: A turnkey solution can be great for many advisors. Unfortunately, I think there are some advisors who stay with a turnkey provider just because they don’t realize that the cost-benefit balance has shifted.
Do You Know How Long It Takes Your Firm To Respond To A Client Request?
- Details Category: Practice Management
After the first few attempts to gather business, financial, and service metrics for your firm, you are most likely mentally exhausted and guess it probably won’t do you any good in the end. In order to benefit from the exercise, you need to integrate the use of metrics into your firm’s communication and decision making. Specifically, go out and share the metrics with your staff.
