When working with Millennials, Generation Xers or Baby Boomers, it is crucial for advisers and sponsors to reach them with targeted communications; however, there are also some fundamentals that apply across all generations.
Cerulli categorizes consolidator firms into three segments, and “The merits and drawbacks of each segment’s business model will often depend on the adviser’s motivations for affiliating with a larger partner.”
Troubling, many of the companies that say they have formal succession planning programs in place in truth dedicate very few hard-dollar resources, if any, to help.
More than 60% of advisers say they work within a team structure, yet only one-third of teams regularly collaborate in their daily decisions and processes.
Mesirow Adds Seven-Person Investment Management Team; Mercer Hires Principal of Client Management; Hilb Group Acquires BKC to Expand Midwest Offices; and more.
Presented here are the results of several dozen live polling questions fielded at the 2017 PLANADVISER National Conference, gathered during three days of highly detailed discussion of industry trends, challenges and best practices.
The firm is partnering with bilingual education expert
Rebecca Heaton Juarez to deliver broader-based financial wellness and
participant educational services in multiple languages.
The new program supports succession-planning-focused mergers and acquisitions across the various firms that make up Advisor Group; the solution also allows members to consider firms outside the group.
SSGA Enhances U.S. Intermediatiary Sales Team; Beltz Ianni &
Associates Hires Retirement Consultant; Fidelity Names President of Institutional Arm; and more.
The latest U.S. monthly product trends report from Cerulli Associates compares the approaches to client service and practice leadership adopted by men versus women advisers.
The PLANADVISER National Conference was forced to reschedule this year due to Hurricane Irma. Our new dates are October 11-13 at the JW Marriott, Grande Lakes, Orlando.
Wilshire Partners With Vantage to Provide Fiduciary Services; T. Rowe Price Hires
Senior DC Strategist;MassMutual Hires Three New Regional Managing Directors; and more.
The principal of financial adviser inclusion and diversity
at Edward Jones reflects on her job leading the advisory company’s revamped
diversity efforts—informed by her own first career as an adviser in the field.
The firm hopes its relaunched gender and cultural diversity
programs aimed at attracting and retaining people from more walks of life to
the advisory industry can help to address a major national challenge.
The financial services and retirement advisory industry has collectively
invested tens, if not hundreds of millions of dollars in the last decade to
boost the use of big data technology; one researcher asks how it’s all paid
off.
The health care cost inflation projections contained in HealthView
Services’ latest reporting are simply astounding; accounting for projected lifetime inflation, a
healthy retired couple at 65 can expect $600,000 in health-related expenses alone.