The Importance of a Living Financial Plan
Did you know Americans with financial plans are 2.5 times more likely to save enough for retirement? Even so, only 36% of Americans have a written financial plan in place. While financial planning has many benefits, not all financial plans […]
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 […]
Donald Trump’s Election Victory: The Stock Market’s Response and Economic Outlook
On November 5th, Former President Donald Trump won the 2024 election. Many people attribute his victory to Americans’ dissatisfaction with the economy. According to exit polls, nearly half (45%) of voters feel worse off financially than during Trump’s previous term. […]
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 […]
How to Choose a Financial Advisor
Managing your finances can be overwhelming, especially if you lead a busy lifestyle or have ambitious financial goals. That’s where a financial advisor’s support can make all the difference. A skilled financial advisor can manage your financial planning and may […]
How to Choose a Turnkey Asset Management Platform (TAMP)
If you’re a financial advisor, you may be overwhelmed by the wide range of responsibilities in running your business. Along with advising clients, you must also oversee their asset management, regulatory compliance, and administrative tasks. The good news? You don’t […]
What You Need to Know About the Fed’s September 2024 Rate Cut
On September 18th, the Federal Reserve made a pivotal decision to implement a 50-basis-point cut, bringing the Federal Funds Rate down to a range of 4.75% to 5.00%. This move surprised many financial analysts expecting a more cautious quarter-point cut. […]
What is a TAMP and Should You Use One?
Financial advisors have much on their plates, from attracting new clients to keeping up with ever-changing compliance regulations. Due to this predicament, one-third of financial advisors say focusing on client relationships is challenging. A Turnkey Asset Management Program (TAMP) may […]
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 […]
Your 2025 Financial Advisor Marketing Plan: 10 Steps to Success
As a financial advisor, your business’s success relies on your ability to attract a steady influx of new clients. While 90% of financial advisors acknowledge the importance of marketing, only 23% have defined marketing strategies in place. Failing to prioritize […]
RAD Diversified 2023 Invest Wealth Summit Panel Discussion
Panel discussion with RAD Diversified’s partner vendors and Dutch Mendenhall at the 2023 Invest Wealth Summit in Tampa, FL. Learn from seven seasoned investment professionals as they provide advice to answer the audience’s investment questions.
Non-Interest Income Solutions for Community Banks and Credit Unions Provided by Alden Investment Group
Alden CEO, Lee Calfo, discusses the solutions Alden offers to the financial community as fee-based or non-interest income business through wealth advisor partnerships.
Wirehouse vs. Broker Dealer / RIA: Which Model Fits For You?
Are you a financial advisor trying to decide what type of firm to join? Or maybe you’re an investor trying to choose the right financial advisor? Whichever group you fall into, you may have come across this question during your […]