Archive for Operations
6 Ways a Virtual Receptionist Service Can Help Your Financial Planning Firm
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This guest blog is courtesy of Ruby Receptionists, a company that offers virtual receptionist services for all types and sizes of businesses including financial advisors. By: Katie Wilson Sales and Marketing Associate Ruby Receptionists There are many ways to manage your financial planning firm’s phone calls, from answering phones yourself to hiring an in-house receptionist. However, answering your own phone may not ...
Schwab Intelligent Integration Software Partners
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I was awaiting the announcement after the Schwab Advisor Services IMPACT 2010 conference regarding the selection of software vendors to be included in their Intelligent Integration (formerly called Project C). For those of you who were unable to attend the conference (like me), I have some links to articles below that will help sort out what was ...
Cost-Basis Rule Change Affects Custodians, Investors and Advisors
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A recent article in FA Magazine, Cost Basis Rules Mean Change For Investors, reminds advisors of the tax reporting changes taking effect, in the case of equities, next January 1, 2011. Another article from FA this past June entitled Schwab Prepares for New Cost-Basis Rules, in addition to discussing how Schwab is handling this change, also provides ...
Webcast: 2010 Moss Adams/InvestmentNews Financial Performance Study of Advisory Firms
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Mark your calendars, this webcast is coming up soon! InvestmentNews, along with their sponsor, Pershing Advisory Solutions, is putting on a live webcast to look at the findings from the 2010 Moss Adams/InvestmentNews Financial Performance Study of Advisory Firms: Putting the Results to Work. The session includes KelliCruz, Director of Customer Research for InvestmentNews and Mark ...
Create Your Own University
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Last month, Bill Winterberg wrote an article for MorningstarAdvisor.comabout creating your own university, or internal training and documentation. The neat thing mentioned was the software program,Camtasia Studio ($299 for PC, $99 for Mac) that allows you to record a program window, screen region, or entire desktop. These can be used along with an audio narration to be ...
Implementing Better Business Practices
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In an article last month (yes, I realize I am a bit tardy!) onMorningstarAdvisor.com, Allyson Lewis wrote a great article about implementing better business practices. She points out that this can be done by changing the bad habits that continue to hold many of us (and therefore our businesses) back from being more successful. Here ...
Formulas For Success: Growth The Silent Killer
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Mark Tibergien wrote a recent article in InvestmentAdvisor that includes some salient points about making good management decisions during times of growth. A couple of points he makes: During periods of rapid growth, leaders of firms suffer from the strain of their oversight. The firm must be structured correctly so that as the firm grows, leaders of ...
SEC Examination- Hello! The SEC Wants Your Records By Tomorrow
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RIABiz had an article showing an example of a firm that had one day to produce the documentation the SEC requested. The author, who works for a compliance consulting firm, points out the importance of having your compliance policies and procedures in order should the SEC come calling- and the turnover request time is short. ...
Schwab and TD Ameritrade Offer Online Training for RIA Clients
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For those of you manage employees and who custody with Schwab or TD Ameritrade, or are considering either of these firms as a custodian, a new training solution was reported in a recent WealthManager article (click here for the article). Schwab has recently introduced Schwab Advisor University to help its independent RIA clients use their tools and resources. SAU currently include ...
Getting Started with Document Management Technology: A Guide for Advisors
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This white paper, sponsored by Investment Advisor and Laserfiche, covers how financial advisory firms can benefit from implementing a document management solution in their firms. Click here to go to the site to download the white paper.
