The Schwab Franchise issue popped up at TD Ameritrade’s 2011 Elite Advisor Summit’s opening session Q&A portion two weeks ago in Miami Beach. It seems that an advisor asked Tom Bradley (president of TD Ameritrade) and Fred Tomczyk (CEO) about Schwab’s plans to open franchises with independent contractors. Though they conceded they would be “watching [...]
Financial Advisors: Grow Your Business by Asking
May 10, 2011 By Leave a Comment
Last week 409 independent financial advisors gathered in Chandler, Arizona to attend the Peak Advisor Alliance Excell Meeting. At one session, Ron Carson of Carson Wealth Management asked the attendees how many ask for referrals at every opportunity. Very few advisors raised their hands. Since the majority of business is actually done by referrals, and [...]
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