If you are a financial advisor looking to grow your business, or if you are thinking of retirement and want to sell your practice, Cambridge Investment Research is launching a succession planning venture, under the name Continuity Partners Group, for 23 advisory firms in the Fairfield, Iowa broker-dealer network.

I note this because it’s an interesting concept ; not only will an advisory firm be able to take out a loan from Continuity in order to buy out another firm, but also a junior advisor can get funding to buy out a practice from a senior advisor.  Read more...

Financial advisory professionals now can use social networking to expand their businesses while still being in compliance with the Securities and Exchange Act of 1934.

The new site, http://www.linkedfa.com/ provides free membership to advisors and their clients. The privately owned Coral Springs, FL based allows financial advisors to retrieve records of communications between an advisor and a client, blog posts, comments and instant messages, along with shared documents and other public or private correspondence.

The site offers privacy settings that allow advisors to have one-on-one conversations with clients, which are logged as well. In addition, compliance officers who join the network can monitor client-advisor correspondence by setting keyword alerts.  Read more...

I don’t know about you, but for me it’s that same feeling at the beginning of each New Year….you know, “Get your butt in the office, clear up your desk and get going again!”

It’s kind of a nagging thing (or an inner voice that tells me I have to get certain tasks completed before anything else can happen).

Well, last week I came across some very good advice which I am trying to practice. It was in a “Life Makeover” column by Cheryl Richardson, and I think it applies to anyone who wants to maximize production and still have the time to give themselves permission to relax and enjoy life.  Read more...

Once again…seems like only a few weeks ago, ONWALLSTREET‘s 10^th Annual RECRUITERS ROUNDTABLE was reviewed and scrutinized by industry leaders and advisors looking for change or hope during the past year’s financial turmoil.

Current opportunities and pitfalls in the industry are discussed in detail at the 11^th Annual Recruiters Roundtable, so you’ll want to check out all six pages of the dialogue from “The Hire Powers Speak Out.”

Our own Bill Willis, President and CEO of Willis Consulting, Inc. is on the panel again this year, along with seven other prestigious industry recruiters with insight into future trends and opportunities for advisors or financial executives…a MUST read for 2010!  Read more...