August 30, 2017

Financial Advisors and Social Media: FINRA Notice 11-39

In our previous blog post, we discussed FINRA notice 10-06 and its implications relating to the use of social media by financial advisors and broker-dealer firms. We discussed at length how important it is for financial advisors to be careful about social media so as to not run afoul of FINRA and SEC rules. This post continues with a discussion of FINRA Notice 11-39. Notice 11-39 covers some of the […]
August 30, 2017

Financial Advisors and Social Media: FINRA Notice 10-06

Online marketing experts routinely advise their clients to take advantage of social media as a means of engaging with current customers and reaching out to new ones. Social media is an incredible tool for doing just that. However, financial advisors and broker-dealer firms do not have access to the same benefits due to government restrictions relating to how social media can be used. Social media can still be a valuable […]
August 10, 2017

Tips for Teaching Clients How to Save

As an independent brokerage dealer, we have had the opportunity to work with financial advisors and clients across the broadest possible spectrum. Over the years we have learned that there is no such thing as a ‘typical’ investor. Clients range from the uber wealthy to the hard-working, blue-collar family man just trying to save for retirement. We have also learned there is one component of investing common to all: the […]
July 13, 2017

Why Spending Should Be Discussed by Financial Advisers

As a financial adviser – whether you work through Western International or as an independent securities broker – how much time do you spend talking with your clients about their spending habits? According to one prominent expert, spending is something advisers do not spend enough time talking about. He makes the case that things need to change. Morgan Stanley’s Ben Huneke recently told the assembled group at the annual conference […]
June 20, 2017

Fixed Income Options for the Modern Investor

Savvy investors know enough to spread their investments across multiple vehicles in order to maximize ROI and minimize risk. It is the tried-and-true principle of security through diversification. Investors who follow this strategy will undoubtedly put some of their money into fixed income assets that offer stable returns with very little risk of loss. As an independent broker-dealer, we offer our financial advisors a full suite of fixed income options. […]
May 31, 2017

3 More Keys to Being a Successful Financial Advisor

Succeeding as a financial advisor is not something that happens by accident. A financial advisor can hook up with the best independent securities brokerage in the local area and still fail to reach established business goals. Likewise, an advisor can connect with a brand-new broker-dealer start up and enjoy immense success from day one. You see, it is less about the brokerage and more about applying proven strategies that separate […]
May 24, 2017

3 Keys to Being a Successful Financial Advisor

Every year, there are new people joining the ranks of financial advisors, people who will ultimately turn and walk away from their chosen careers because they cannot seem to make a go of it. Unfortunately, many cases of financial advisors walking away are completely avoidable. If someone would simply teach them proven strategies for succeeding in the financial sector, all would be well. A blog post is not an appropriate […]
May 17, 2017

Private Equity Struggling to Make a Comeback in the 401(k) Era

Back in the day, when defined benefit pension schemes were the norm in corporate America, private equity firms had no trouble selling their funds to pension operators capable of designating a certain amount of retirement funds to long-term projects without fear of customers attempting to liquidate their assets. Now we are in an era in which defined-benefit pensions have been largely replaced by 401(k)s and pension operators have given way […]
May 15, 2017

Why Are Fee-Based Clients Afraid of DOL Fiduciary Rule?

In light of the pending Department of Labor (DOL) fiduciary rule set to take effect in June, J.D. Power recently surveyed more than 1,000 investors to find out their thoughts about the new rule and its potential impact on their own circumstances. Much to the surprise of the industry, the majority of full-service, commission-based investors are not too keen on switching to a fee-only plan. Financial advisors and broker-dealer firms […]