Trending
1. AI Just Killed Its First Big Stock
AI claims its first casualty… How to improve the odds of your kid earning a high salary… Eighty percent of kids say they’re learning faster with this new tech… My favorite way to play the AI education trend. — Stephen McBride
2. Recession: Are We There Yet?
As a child growing up in sweltering Central Florida, one of my fondest memories was a trip to Twistee Treat for ice cream. My brother and I would pile in the back of the car, sans seatbelts and I’d clap my hands in anticipation. After 33 seconds, I’d ask my mom, “Are we there yet?” Those were simpler times. I was 15 years old. — Rey Descalso
3. Segmentation: Why Not Have Everyone as “A” Clients?
Segmentation of clients in your database is sensible, and some sort of labelling to differentiate them is necessary. The idea behind segmenting clients into different categories is to introduce efficiency into a practice while recognising that not all clients are of equal commercial value to the firm. — Tony Vidler
4. The Looming Debt Ceiling Crisis: What It Means for the U.S. Economy and Global Markets
Every couple of years, it seems, the world watches in apprehension as the U.S. president and Congressional leaders play chicken over the nation’s debt limit. If the so-called ceiling can’t be raised, the U.S. Treasury risks running out of cash, and the country could default on its debts. — Frank Holmes
5. The Danger Beneath the Surface: How Bad Policy Led to Bank Failures in 2023
It’s been said that the road to Hell is paved with good intentions. The difficult situation that many mid-size, regional banks currently find themselves in is a direct consequence of policy decisions made over the last 15 years. While the intentions behind these policies were well-meaning, the consequences of these decisions have been dire. — Marc Odo
6. The AI Revolution. A Repeat of History.
The artificial intelligence, or “AI,” revolution is upon us. The financial media and headlines are abuzz with stories of generative “AI” and the subsequent “industrial revolution.” Not surprisingly, attention has turned to AI with the launch of ChatGPT. The benefits are already apparent with the incorporation of AI into search engines. Even TikTok videos on ” making a million” using AI suggest why stocks associated with AI surged in recent months. — Lance Roberts
7. How Joining An RIA Firm Could Unlock A New Level Of Freedom
With a history in banking, Stasia Washington knew how to help people take charge of their financial lives. She also knew that becoming an independent Registered Investment Advisor (RIA) meant she could be free to give advice and do the right thing for her clients, always. She found success by joining an RIA firm, which gave her the freedom to focus solely on building deep client relationships. — Schwab Advisor Services
8. Recession Impacting Trust in Advisors
The current recessionary environment has been very challenging for many of us, and it has had a significant impact on many investor’s financial actions. Investors look to their financial advisor to help them weather this financial storm. — Catherine McBreen
9. Helping Younger Clients Harness the Time Advantage
If there’s one advantage millennials and Gen Z have, it’ time. As advisors know, the longer a client is invested for, particularly in stocks, the larger the portfolio grows. Ah, to be young again. — Todd Shriber
10. How to Surf the Sleep Creep Leap Wave of Building Client Relationships
Building client relationships for a high-end advisory business is pretty much the same: you keep getting to know and help the right people and eventually those relationships blossom. The challenge is that we get frustrated when prospects are in the sleep and creep stages—it’s too tempting to decide further nurturing isn’t worth the effort. — Rochelle Moulton
11. 5 Ways To Nurture Business Friendships With Clients
If you are someone who leans toward building these business friendships with your clients, most of the clients you attract will likely be interested in that type of relationship. If you prefer a more buttoned-up relationship, most of the clients you attract will want the same. — Bill Cates
