Break Away From The Pack
Starting your own investment firm is a rewarding experience for most people. Some don’t think about planning for what happens if there’s an unhappy client with the firm. It can be a challenge to deal with these individuals, but there’s a chance that you could secure...
Historically, litigation has been the most common way of resolving financial disputes, costing corporations hundreds of thousands of dollars in legal fees and overhead. However, it’s not the only option you have to solve problems. Arbitration is used more frequently...
Loyal as you may be to your firm, you won’t remain there forever. Perhaps you’re craving to become your own boss or feel ready to start a new chapter in your career. Whatever your reasons, becoming a self-employed financial adviser is a wise decision. After working...
If you and a new business partner are creating a partnership agreement while starting your own financial advisory firm, it’s a good idea to get everything in writing before you begin. This legal agreement can give you guidance, and it can provide structure as you move...
After you graduated from college, you took a job at a financial firm because this was your area of study and you felt like it was the best way to learn the industry. But you’re not sure that you want to work for someone else for the rest of your life, and you’re...
There are always risks when you decide to form a newly registered investment advisor (RIA) entity. You may have a hard time bringing in clients, and you may work much longer hours than you do as a salaried employee at someone else's business. However, if your efforts...
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...
As an emerging financial services firm, you have to remember that your client’s privacy is a priority. You don’t want to be the firm that’s responsible for a data breach that leads to your client’s information being made public or being available on the dark web. ...
Shareholders are individuals who own stocks in a company. The number of stocks per person generally varies, with the company having major shareholders and minority shareholders. Nonetheless, it’s important that all shareholders feel respected and are treated within...
Business partnerships start with the best of intentions. Unfortunately, that optimism can fade, and one partner may want to leave before the remaining partner(s) is/are ready to call it quits. It can lead to anger and frustration, not unlike a couple who divorces....