by Patrick M. Kelly | Oct 4, 2013 | CFP Board of Standards
“In the wake of controversies involving some advisors use of the term “fee-only,” the CFP Board of Standards has temporarily removed the designation from its Web site.” According to fa-mag.com reporter Karen Demasters, “The CFP Board maintains a Web site to help...
by Patrick M. Kelly | Sep 10, 2013 | Technology
“They long ago outlived every phone, calculator and computer of their generation and these days, you’ll still see them prominently displayed on desks of financial planners.” And…they’re unchanged in over 20 years! According to Ronald D, White, business journalist for...
by Patrick M. Kelly | Sep 5, 2013 | Merril Lynch
Bank of America has announced plans to dissolve Merrill Lynch & Co. as soon as the fourth quarter of this year, but the roughly 14,000 advisors operating in its brokerage division shouldn’t see a name change. Merrill Lynch & Co., the 99-year-old firm...
by Patrick M. Kelly | Sep 2, 2013 | Stress
[pullquote]Advisors need resiliency skills to counter the self-doubt and lack of confidence they frequently experience.[/pullquote]Current cognitive psychology research shows that self-limiting, negative and pessimistic thoughts inhibit your success because they...
by Patrick M. Kelly | Aug 27, 2013 | Financial Recruiters, Financial Recruiting Industry, Job Market
Over the twelve plus years of being in the recruiting business, I’ve observed a lot of financial advisors going through the recruiting process who have made two common mistakes which have jeopardized their placement opportunities. Thinking they can do this on their...