Unfortunately, many advisers--whether veteran or novice-simply don't know the worth of their practice or how to influence it. That's why How to Value, Buy, or Sell a Financial-Advisory Practice is such an important book. It takes advisers carefully through the logic and the legwork of ...
Becoming a financial advisor can lead to a lucrative career, but the real reward is helping clients achieve their dreams.
our CPA firm, Spoor, Doyle & Associates, began to provide investment advisory services on a fee-only basis in December 1997. It was a logical step for us to take. We had always taken great pride in the way our clients looked to us as their trusted and objective financial advisers, so ...
The other dilemma is that financial advisory firms charging flat fees tend to not be as profitable as the ones charging AUM fees. The entrepreneur in me has great respect for an advisor who can manage to convince clients she is providing a great value at $50K a year while other advisors ...
“People might not realize how much their employer pays for health insurance,” says David Flores Wilson, a certified financial planner and partner at Sincerus Advisory in New York City. That cost may put paying for COBRA health insurance out of reach of some employees, and worker...
The first is to be purely passive – this means you’ll let someone else handle your investment for you. An example would be getting a Financial Advisor or wealth manager to handle your whole portfolio, or using some sort of Robo-Advisory service. This usually means having to pay fees...
"Advice-only" financial planners help people who aren’t wealthy or who don’t need someone else to manage their investments. Here are four organizations that can help you find advice-only financial planners.
This content is for educational purposes only and does not constitute financial advice, advisory, or brokerage services. We may earn compensation from some links on this page. Learn more.Wondering how to start a blog and make money? In this comprehensive guide, I’ll walk you through the ...
Financial plannershelp their clients to define their financial goals, and forecast whether savings and investments are on track to provide what is needed. While they can recommend a course of action, they cannot sell you products. However, many financial and wealth advisory firms also offer financi...
Investing in stocks can lead to positive financial returns if you own a stock that grows in value over time. But you also face the risk of losing money if a share price falls over time. Step 1: Set Clear Investment Goals Begin by specifying your financial objectives. Clear goals will guid...