Break Away From The Pack
The relationship between financial advisors and clients is built on trust. Introducing a new advisor to your clients is a crucial step that needs to be executed with thoughtfulness and tact. If you manage it poorly, you risk alienating your clients. They may decide to...
For investment professionals, reputation is everything. Clients must be able to trust you to make the best decisions for their assets. These days, that trust can disappear in minutes with one viral social media post. You likely remember such a post on Twitter a few...
When you break away and start your own firm, you can expect to face many new responsibilities. For example, if this is your first time as a leader, you must develop a way to manage your employees effectively. Contrary to popular belief, workers in all industries...
Over the last couple of years, employment agreements that restrict the speech and activities of employees – particularly once they’ve left a company – have started to fall. From non-disclosure agreements (NDAs) that prevent people from talking about sexual harassment,...
Those who have achieved success in the financial industry are often in a position to negotiate better compensation packages than those with average performance and those who are new to the profession. Unfortunately, the best and brightest in the financial field often...
If you’re starting your own firm, you’re likely being careful to adhere to any non-compete and/or non-solicitation agreement you signed with your former employer. You’re certainly not reaching out individually to any of your former clients or other clients of that...
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...
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...
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...
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...