Every good TAMP partner will provide you with plenty of strong client communications and educational support. Morningstar obviously has one of the deepest reservoirs of commentary on every aspect of the global market environment. Here are a few pictures that can juice any investment conversation . . . and a few words to get things started.
"Among wealth advisors, product and performance-oriented value propositions are in decline. This poses a fundamental challenge to the asset management industry," Jerry Michael notes. This will help reverse that trend and let advisors get back to work.
With powerful features such as intra-day trading, billing services, and access to some of the world's largest and most reputable asset managers' models, SMArtY empowers professionals to achieve their financial goals without the hefty fees of traditional wealth management solutions.
"It's an extraordinary finding that high-net worth families are selecting the first and only advisor they speak with. It's like buying the very first house you look at,” according to Dynasty Financial Partners CEO, Shirl Penney. “At Dynasty Connect, we provide due diligence and deep understanding of the options wealthy families have when seeking financial advice and introduce those families to independent financial advisors suited to meet their needs.”
Metaphors have the remarkable ability to simplify complex ideas, making them more relatable and memorable. When you incorporate metaphors into your discussions with clients, you tap into a powerful tool that not only engages their attention but also helps them better understand and retain key financial principles. In fact, these metaphors can become so embedded in their minds that clients may find themselves quoting you to friends, family, and colleagues.
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.
Outsourcing the CIO role offers cost savings, access to a wider range of investment strategies, and the ability to scale operations effectively. On the other hand, hiring an in-house CIO allows for continuity, personalized attention to clients, and alignment with the firm's culture and objectives. Making the right choice for your firm generally means weighing cost-effectiveness against quality control.
