When the Russian army invaded the Ukrainian borders back in February, no one knew just how long the conflict would last and how it would send shockwaves through the rest of the world. Now, the war is approaching its 4th month and the economic fallout is...
The COVID pandemic completely changed world dynamics. All industries were affected and financial advisors were not spared either. Lockdowns and working from home meant that financial companies needed other ways and techniques to advise business owners how to run their businesses since the older ways...
If you know about cryptocurrency or have invested in it, you are probably aware of the fact that it has not been doing great for a while now. However, there was also a time when people were actually making huge profits through this particular industry...
Running a financial advisory business can be lucrative. In fact, it’s one of the best ways to make money. You tell people how they can make money and make profits off of that. How awesome it is. But the sad part is that not many fiduciaries...
It is essential to determine your risk profile when investing. We all want to get the most favorable ROI in an ideal business world without losing. Getting a certain return is not guaranteed in the investment. Returns on investments depend much on the natural behavior...
The ways of the old eventually stop reaping results at one point. That’s usually the case. Most financial advisory businesses are reluctant to make changes and hire younger resources. Top multinationals and billionaire businesses like Google, Tesla, Twitter, etc., are already proving that young blood brings...
Whether you are self-employed or you have a financial advisory firm, you need clients to keep things going. But how you go about building a client list can be difficult, especially if you are just starting out or your firm is small. Like all other...
Financial advising and risk tolerance assessment questionnaires go hand in hand when assessing a client’s risk preference. Those questionnaires help you decide exactly how you will be approaching that particular client’s case. The problem with most risk tolerance questionnaires out there is that they don’t really...
Prospecting is what gets a financial advisor their client. In fact, nine out of ten times, the main problem that any financial advisor will have is not being able to prospect the right way. Of course, it isn’t easy to ensure that you have the...