More from My Practice
De Goey: Probability, disclosure and client choice
John J. De Goey / March 09, 2010Many advisors I know recommend picking stocks or picking actively-managed mutual funds as their specialty and their exclusive way of building a responsible portfolio.
LaValley: Providing valuable retirement advice
Barry LaValley / February 25, 2010Not long ago, I was making a presentation on the role of a retirement advisor to a group of financial planners. In my audience were advisors with a wide range of academic credentials and experience.
Holmes-Winton: Garth, you don't impress me much
Stephanie Holmes-Winton / February 22, 2010A few weeks ago a client of mine asked me what I thought of Garth Turner. The truth is, I’m not sure I have much of an opinion. I’ve read some of his work before - a column here or a blog post there - but I’ve never delved into what he’s all about.
Bulloch: The impact of retirement
Allan Bulloch / February 22, 2010In some succession planning discussions I’ve had with advisors, I’ve heard the comment “Maybe I should sell my practice and just retire!”
De Goey: Don't be a SCREWUP
John J. De Goey / February 10, 2010It seems all stakeholders want to go on record in favour of the principle of disclosure. Of course, many of those same interests will often obstruct meaningful progress on the grounds that the disclosure reforms being suggested are too cumbersome.
Succeeding your business
Sandra Foster / February 01, 2010It’s rare for advisors to have a written succession plan, which is strange because advisors who work with business owners generally take a hand with helping those clients put their plans in place.
Tying the Knot: Growth by merger
Kathleen Peace / February 01, 2010Meet for coffee, date, get hitched. The milestones of a successful personal relationship can also be applied to the merger of a business. As a lucky participant in a so-far successful merger of two financial planning practices, here’s what else I’ve learned:
Evolution of the family office
Mariellen Ward / February 01, 2010Technology, complexity and personalization are three common themes of modern life. With the advent of the multi-family office and virtual-family office, wealthy families can benefit from these trends. The multi-family office (MFO) or virtual-family office (VFO) offers personalized asset management that mitigates against complexity and uses the latest technologies—without incurring the expense of a traditional family office.
Shaping your brand
Laura Curtis Ferrera / February 01, 2010It’s proven that marketing is a leading indicator of success in terms of asset gathering, which in turn leads to increased revenue. And I truly believe marketing is particularly important (and potentially easier) during uncertain markets, when investors are skittish about heavy-handed sales techniques and investing in general.
Building your business
Kanupriya Vashisht / February 01, 2010Building a business is a bit like working a jigsaw puzzle. Before you spread out all the pieces, you need to look at the big picture on the box.
