The Psychology of Successful Entrepreneurs

September 07, 2021 |

For financial advisors thinking about starting their own RIA, it’s important to realize that success requires an entrepreneurial mindset.  Every day out on your own can feel like you’re fighting an uphill battle, but this is part of the entrepreneurial spirit. 

regulation best interest for financial advisors
SEC Regulation Best Interest – How Does It Impact Broker-Dealers and Investment Advisors?

September 01, 2021 |

The Securities and Exchange Commission (SEC) drafted the Regulation Best Interest (Reg BI) rule in 2019. Regulation BI provides additional safeguards for investors by setting new standards of conduct for financial advisors and broker-dealers. The implementation of Regulation BI may lead to operational changes for broker-dealers and investment advisers. Under Regulation BI, these individuals have

So You Want to Start an RIA

August 17, 2021 |

Make no mistake, running your own RIA is a business and should always be treated with the same considerations as any business, such as how to handle products and services, operations, sales, marketing, and finances. Though some RIAs may join an existing RIA firm to ease their operational burdens, many RIAs wind up starting their own firms or go on to register as both a broker-dealer and independent investment advisor.

financial advisor marketing strategies
Financial Advisor Marketing Strategies That Work

August 11, 2021 |

New client acquisition is one thing that is crucial for financial advisors to continue to grow their practices. However, generating new client leads can be difficult and expensive, especially for those just starting. Here are a few proven marketing strategies for financial advisors that can be used to drive new leads whether you are a

Why Start an RIA on a Shoestring?

August 03, 2021 |

Becoming an RIA is an attractive option for many advisors. Young advisors just starting out may want to strike out on their own. Perhaps they are dissatisfied with their compensation arrangement, or they have their own ideas about how best to serve clients and use technology.

ai for automated invoice processing
The Benefits of AI for Automated Invoice Processing For Asset Managers

July 25, 2021 |

For some, the words “artificial intelligence” are associated with self-driving cars, sentient robots, and world-threatening supercomputers. However, artificial intelligence and machine learning are now being used to optimize a wide range of business processes including fee calculation, billing and invoicing. Manually processing invoices can be a time-consuming, error-prone procedure that exposes businesses to reputational risks,