Making the decision to leave your current firm and take up a role at a new practice is one that comes with lots of considerations. It can be hard to recognize your own worth when it comes to negotiating salary and benefits. It’s important to remember that you’ve been...
Break Away From The Pack
Employment Matters
Will the FTC’s plans facilitate you starting your own firm?
The Federal Trade Commission (FTC) serves a very important role in the modern economy. It helps guide and also enforce economic policy. When it announces major plans, businesses and professionals often benefit from listening. As a financial professional who works for...
Is a disruptive employee affecting your new business?
You’ve worked in the financial sector for many years and have gained invaluable experience. You’ve always planned to establish your own firm and recently you made this a reality. Everything started out well, but you’ve been having issues with a disruptive employee in...
3 things to put in your employee handbook
If you decide to set up your own firm, it might be the first time you’ve needed to deal with employees. While you might have managed others before, being the one that employs them is a different ball game. It comes with much more responsibility, and understanding and...
Tips for successfully managing your workforce
The past two years have ushered in a whole new world of employee management. Whether your team is in the office, working from home or a hybrid, there are a number of ways to keep the team humming and happy. Judicious hiring Many performance and management issues can...
3 tips for financial advisors when it comes to vetting employees
One of the most important responsibilities you have, when you’re opening a new financial advising firm, is hiring ethical employees. These individuals should represent the values of the company that you’re opening. The people you hire will be responsible for taking...
Compliance and security challenges for RIAs with remote employees
If you’re starting your own registered investment adviser (RIA) firm, you may have a number of employees who have grown used to working at home and would prefer to continue to do that. Being able to accommodate remote employees can help you attract the best people....
What type of executive benefits might you offer?
Starting your own investment firm requires you to ensure you have a good team working with you. One of the ways you can do this is by offering an attractive executive compensation package. You must ensure that your firm can comfortably handle what you’re offering. ...
Do you need an employee handbook?
Despite massive advances in technology and changes to how we work, it still pays to give all your employees an employee handbook when they start. Whether you print it or keep it virtual is up to you, but ensure you get a signature to say they have read it. What can it...
What you should know before rescinding a job offer
As you prepare to open your new business, one of your key focuses will be hiring the right professionals. This may be something you don’t have much experience with. One situation that can be a source of concern is having to rescind a job offer. Sometimes a business...