Dynasty: Most High-Net-Worth Investors Hire First Advisor They Speak With
Dynasty Financial Partners has announced the results of a Dynasty Connect survey of 1,000 high-net-worth respondents, all of whom work with a financial advisor. The respondents each had a minimum of $500,000 in investable assets. The survey was conducted in partnership with Absolute Engagement between April 20-May 1, 2023, and has a 3.1% margin of error.
According to the survey, a surprising number of wealth-management clients do not shop around before choosing a financial advisor. Instead, they work with the first financial advisor they speak with.
AssetMark: Keep It So Simple Your Clients Start Quoting You
(AssetMark) Welcome to the captivating world of memorable metaphors in investment and financial planning! As a financial advisor, you possess a wealth of knowledge and expertise that can help your clients navigate the complex landscape of investment decisions and money management. However, finding the right words to convey these concepts effectively can be a challenge. That's where the power of investment metaphors comes in.
Burney Advisor Services: Wouldn't It Have Been Great To Predict NVDA Earnings And The AI Boom?
WEALTH ADVISOR COMMENTARY: Wouldn't it have been great to call the AI boom? You don't need a crystal ball. The right earnings model revealed that NVDA was a buy all the way back in March . . . and Burney-affiliated advisors were able to take advantage of that signal on behalf of their clients.
What Others Were Thinking:
Amplify: Outsourcing vs. Hiring a CIO, Which is Right for Your Firm?
(Amplify) In the evolving world of wealth management, channels for effective, professional investment management are in flux. Many RIA firms are outsourcing the investment management function to third-party asset managers or strategists, while others prefer hiring a full-time or “de facto” Chief Investment Officer (CIO) to manage investments in-house.
SYSTM: Simplifying Financial Product Selection: Empowering Advisors in a Complex Landscape
(Brad Goodman, SYSTM Head of Product) Navigating the vast landscape of financial products can be taxing and time consuming for advisors. With thousands of registered investment options and a universe of alternative investments to consider, the task of portfolio optimization would benefit from increased simplicity and trust. Today's leading advisors are seeking streamlined investment due diligence and selection processes to enhance practice management efforts.