Financial Advisor Fee Structures: Comparing Flat Fee and AUM
One of the most important decisions you’ll make as a financial advisor is how you structure your fees. Your pricing model directly impacts your firm’s growth trajectory and sustainability, as well as your clients’ trust and satisfaction. While there are […]
10 Benefits of Leveraging the Expertise of an Investment Committee
As the saying goes, two minds are better than one. This sentiment certainly rings true in the world of investing, where advisors must make the best possible decisions to preserve and grow their clients’ wealth. Amid constantly evolving market conditions […]
How to Use Different Management Styles to Enhance Your Clients’ Returns
Financial advisors strive to grow their clients’ wealth through strategic asset allocation, thoughtful diversification, and ongoing portfolio management. While all advisors share this goal, the strategies they use to achieve it can vary widely. For example, many advisors rely solely […]
The Role of the Modern Financial Advisor: How Technology is Shaping Their Success
The financial advisory industry has evolved considerably over the past few decades. While stockbrokers used to dominate the field, today’s financial advisors offer a comprehensive suite of services that extend far beyond buying and selling securities. To keep up with […]
The Importance of Succession Planning
As of 2023, the average age of financial advisors is 56, and it’s estimated that 40% will retire over the next ten years. Despite this looming retirement, one out of four financial advisors don’t have a clear succession plan in […]
How to Attract and Retain Clients as a Financial Advisor
Consistently attracting new clients helps you unlock the full potential of your financial advisory practice. Every new client can boost your revenue and open the door to valuable referrals. While crucial, the client acquisition process can feel overwhelming, especially for […]
Measuring Your Book of Business as a Financial Advisor
As a financial advisor, you dedicate your career to helping your clients grow their wealth and prepare for retirement. However, ensuring your retirement is on solid footing is just as important. One effective way to bolster your retirement plan is […]
Leveraging AI for Financial Advisors
Few technological innovations have disrupted industries as rapidly as artificial intelligence (AI). AI has already transformed how many companies do business by streamlining operations and enhancing decision-making. This year, 77% of companies are using AI, and 83% say implementing AI […]
Laura DeGraff of Alden Investment Group on Digital Marketing Strategies for Financial Advisors
A recent interview by L&T with Alden Investment Group CMO, Laura DeGraff, on some of the digital marketing strategies she rolled out for the advisor team Alden.