Compliance defiance Anyone who has worked with me will know that I don’t like seeing firms getting bogged down in compliance issues. Occasionally I’ve made the odd sensationalist comment in this space, but I assure you I’m not anti-compliance. However, I am anti buying into every rule and edict put …
The keys to the kingdom Retaining clients is one of the keys to success in running a Financial Planning business. And the key to retaining clients is to retain key employees. So keeping a happy productive team together, and growing it over time is a major issue for Financial Planning …
Get with the plan In my experience some of the world’s best Financial Planning firms are based in the United States. Bob Veres of Inside Information says, “There are a handful of wealth-management firms that are informally competing to be the best managed firm in our profession, and Roy Ballentine’s …
Taking care of business Running your own business is not a job. There’s no guaranteed income. You don’t get selected to be a business owner. And it can be tough. I saw this data in a recent email from Gazelles strategic planning guru Verne Harnish: “TSheets by Quickbooks commissioned a …
Force of habit There’s a lot written about the power of goal setting. I’ve written often about how important it is to be clear on what you want. With clarity comes greater focus, and the ability to say ‘no’ to anything that isn’t advancing you toward your goal. However, setting …