The wealth management industry is rapidly changing and has entered into the mature stages of its evolution. The average wealth management firm is not only much larger, but is also a more prominent competitor with a well-established brand, presence and reach into the very top levels of the high-net-worth market. (Continue reading at Advisor One )
One of the Fastest-Growing Careers is in Desperate Need of Young Talent
The job market is an ugly place right now but there’s a segment of the financial industry in desperate need of young talent. (Continue reading at Forbes)
Your practice: New homework for advisers to the super-rich
Financial advisers pursuing the business of wealthy families are increasingly being greeted by a formal questionnaire. About a decade ago, wealth management firms typically only received “requests for proposals,” or RFPs, from large institutions, such as endowments, and the occasional super-wealthy family with $50 million or more.