June 9, 2015Where Do You Stand on Using Closed-End Funds?
Closed-end funds are a different sort of investment animal that can help to diversify client portfolios. Do you like to use them?
No way. These funds are fraught with complexities and incongruities.79% Sure. CEFs are great for giving clients more exposure to different asset classes at attractive pricing.
June 2, 2015Do You Invest Money Like an FT 400 Advisor?
The biggest chunk of client assets held by FT 400 advisors are invested through individual stocks and bonds, not funds. Do you side with these elite brokerage-based FAs?
I do. I like crafting individual portfolios for my clients, rather than grabbing stuff off the shelf.61% No way. Funds provide broad exposure to financial markets, with less exposure to blowups at individual companies.
June 1, 2015Where Can You Improve Most as an FA?
If you could get better at any one part of your job, what would it be?
Communication. I wish I could explain myself better.18% Investing. I wish I had the resources to be more hands-on and less plug-and-play.27% Office politics. I need to get better at “the game.”
May 28, 2015What Will Happen to Stocks When the Fed Lowers the Boom?
There’s talk that rising consumer prices could give the Fed an opening to raise rates this summer. If that happens, will it make a difference in the stock market?
Nope, it’s already baked in.71% There’ll be a bump, but nothing serious.11% The market’s mainly up because of Fed QE, so there’ll be an ugly drop — just watch.
May 27, 2015What’s the Best Approach to Private-Equity for Your Clients?
How can wealthy clients best invest in private-equity deals involving properties and businesses?
Look to individual ventures driven by friends, families or our in-house research.54% Hook in with big PE funds that offer smorgasbords of private-investment opportunities.
May 20, 2015Does Active Management’s Rise This Year Change Your Mind?
New Morningstar data suggests active funds are outperforming passive funds in 2015. How does this affect your portfolio strategy?
It doesn’t because it’s only a hiccup.53% It’s at least a call to rethink some bull-market assumptions.
May 19, 2015How Would You Feel About Working on a “Mega” Team?
According to the FA-oriented gossip site AdvisorHUB, Wall Street brokerages are encouraging practitioners to form bigger teams — of eight or more people — to retain assets. Would that work for you?
Sure, a deeper bench means I could actually enjoy some downtime.70% No way, I’d never be able to break free.
May 12, 2015Does Your Firm Segment Clients?
Most advisors divide up their client base by wealth, profession or some other criterion. Do you?
Yes, we tier our fees and services depending on client assets.33% Yes, we serve a couple of client niches, with different needs.0% No, all our clients get similar services and pay the same fees.
May 5, 2015What Do You Love Most About Your Job?
The FPA and FA-IQ recently published an advisor compensation report that included questions about job satisfaction. What contributes most to yours?
Money.37% Work-life balance.47% Doing good for others.
April 28, 2015Can the Advice Industry Fix Its Image Problem?
Along with politicians and journalists, financial advisors are among the most mistrusted people in America. Is there anything they can do about it?
Yes. Transparency, education and intelligent marketing would work wonders.38% No. Advisors will always be associated with fraudsters and too-big-to-fail financial institutions.