13 November, 2015 by The TZ Newswire Staff Comments Off on Facebook, Twitter, LinkedIn Connect Advisors And Clients
Facebook, Twitter, LinkedIn Connect Advisors And Clients
Twenty years ago, consumers in search of a financial advisor would ask friends for referrals. Today, they harness social media. To find an advisor, shoppers can tap their own online networks and query peers for their favorite financial planner. Once they gather names of highly recommended advisors, consumers can scrutinize each financial professional’s social media presence on websites like Facebook, LinkedIn and Twitter.
13 November, 2015 by The TZ Newswire Staff Comments Off on Financial Advisors Apply Technology To Workflow
Financial Advisors Apply Technology To Workflow
Many financial advisors emphasize the customized service that they provide to clients. At the same time, they highlight the importance of standardizing their processes to ensure consistency and efficiency. Melding superior client service with seamless workflow management requires a delicate balancing act. If a practice becomes too mechanized, financial advisory customers can feel like cogs in a wheel.
13 November, 2015 by The TZ Newswire Staff Comments Off on To Track Client Portfolios, Advisors Use New Systems
To Track Client Portfolios, Advisors Use New Systems
It’s not enough for financial advisors to manage a client’s portfolio brilliantly. They also have to communicate to the client just how well the portfolio performs. In most cases, advisors produce regular reports — often every quarter — to update clients on their portfolios. The statements usually consist of performance results for each investment.
13 November, 2015 by The TZ Newswire Staff Comments Off on How Financial Advisors Use Winning Systems To Succeed
How Financial Advisors Use Winning Systems To Succeed
At his office just a harpoon’s toss from the New Bedford, Mass., waterfront, Pat Barry is as single-minded as Capt. Ahab at boosting his investment advisory firm — serving 400 households, up from 350 four years ago.
13 November, 2015 by The TZ Newswire Staff Comments Off on Tech Platforms Expand To Meet Financial Advisors’ Needs
Tech Platforms Expand To Meet Financial Advisors’ Needs
Today, financial advisors are bombarded with a deluge of software solutions to manage their clients’ portfolios. But with all the choice comes the question: How to integrate various systems in an efficient and time-saving manner? As a result, many brokerages have come up with powerful solutions that help financial advisors seamlessly manage data, analytics, planning, performance, trading and compliance via one single platform.
13 November, 2015 by The TZ Newswire Staff Comments Off on Stock Market at Make or Break Moment
Stock Market at Make or Break Moment
The global economy is slowing down rapidly and it is conceivable that the developed world may face a recession next year. Already, the Japanese economy is contracting and even Europe is barely growing. Across the pond, the US is still muddling through but the leading economic indicators and…
13 November, 2015 by The TZ Newswire Staff Comments Off on Laurence Kotlikoff on "Pernicious" Changes to Social Security
Laurence Kotlikoff on "Pernicious" Changes to Social Security
Laurence Kotlikoff, Boston University Professor and author of “Get What’s Yours: The Secrets to Maxing Out Your Social Security,” criticizes recent modifications to Social Security law that are the most sweeping since 1983. Included among the changes is the end…