Practice Management

Performance Reporting: The Plan’s Tangible Evidence

Performance Reporting: The Plan’s Tangible Evidence

  (This blog can also be found at the FPA Practice Management site: http://practicemanagementblog.onefpa.org/2014/10/16/performance-reporting-the-plans-tangible-evidence/) As humans, we have five senses allowing us to have a first-hand, physical experience with this world. The more tangibility in our relationships, the more connected we become as our brains write memories of an experience’s s ...[Read More]

Service Expansion as a Competitive Weapon

Service Expansion as a Competitive Weapon

    (This blog can also be found at the FPA Practice Management site: http://practicemanagementblog.onefpa.org/2014/08/08/service-expansion-as-a-competitive-weapon//) Schwab’s 2014 benchmarking study found that RIAs achieved record growth and profitability.  Jonathan Beatty, a senior VP at Schwab Advisor Services, was quoted in the study’s report saying, “Robust new client acquisition an ...[Read More]

Wealth Protection as a Practice Strategy

Wealth Protection as a Practice Strategy

(This blog can also be found at the FPA Practice Management site: http://practicemanagementblog.onefpa.org/2014/06/10/wealth-protection-as-a-practice-strategy/) While 55 percent of all respondents in a Merrill Edge survey fear running out of money (women, baby boomers and Gen Xers hover right at 60 percent), an even more astonishing 53 percent of current retirees fear the same fate (PNC Bank). In ...[Read More]