Posts Tagged: Industry Insight

What financial advisers can learn from Amazon

What happens when geography stops being an important buying criteria? Recently my phone’s storage chip malfunctioned. Unfortunately, I had a full afternoon of meetings and an early morning flight the next day. Thanks to Amazon, I had a new chip in my mailbox by the time I arrived home a couple of hours later that…

Read More

Winners and Losers of the Murky DOL Fiduciary Rule Implementation

There’s plenty of speculation as to what will happen with the implementation of the Department of Labor rule that holds advisers for retirement plan participants to the fiduciary standard. Whether the rule is delayed, amended or implemented, only time will tell. In the meantime, let’s discuss the new uncertainty and its impact on the wealth…

Read More

The Presidential Wave: The People Have Spoken

The U.S. Presidential election turned a lot of heads worldwide. For the first time in modern history, the U.S. elected a commander in chief with no political experience, little of the support traditionally given to the candidate of a major party and none of the big money from business interests. This happening in the same…

Read More

Game of Survival

Until the middle ages, warfare was primarily a battle of numbers. Those with the most men won the war. That changed as weaponry became more important than people in winning combat. The battle for market share in our industry is much the same. A Shift in Strategy Flying to Hawaii over the holidays, my wife…

Read More

How Aggregation Technology Can Benefit Your Practice

The proliferation of so-called “robo-advisers” is altering the competitive landscape. These online investment services provide automated, algorithm-based portfolio management without human interaction, at a fraction of what traditional advisers charge. Because robo-advisers are not typically involved in more personal aspects of wealth management, advisers can expand their practices to include financial planning services as a…

Read More

The Watershed Moment: 4 Ways the Department of Labor is About to Rock Our World

Every once in a while the government passes a regulation that completely alters the landscape. The new standards proposed by the Department of Labor for ERISA participants and their advisers will have the biggest impact since the deregulation of the securities industry a few decades ago. That shift created independent brokerage firms, independent advisers and…

Read More

The Big Swoon: Why a Big Market Decline Won’t Kill the Robo

After four years of remarkably calm markets we are finally experiencing meaningful market turbulence. In that period of relative calm, robos have blossomed from an interesting idea into a potential threat to the status quo for advisers. One of the most common perspectives I hear is that a declining market will reveal the underlying weakness…

Read More

Uber versus yellow cab: A fight worth watching

Big cities around the globe are participating in a battle between the incumbent cab industry and the upstart ride sharing companies like Uber and Lyft. After rowdy protests, Paris and Madrid have successfully limited ride sharing services for the time being. Now in New York, the mayor is being coerced to slow the rapid expansion…

Read More

Avoiding Extinction in a Period of Change and Disruption

“It’s not the strongest of the species that survives, nor the most intelligent, but the ones most responsive to change.” – Charles Darwin Jurassic World is making a killing at the box office. Interesting to think about how such powerful and dynamic creatures simply died, while a mammal as seemingly unimpressive as the duck-billed platypus…

Read More

Secrets to Growth: The Difference Between a Racehorse and a Pack Mule

Most firms in our industry start their race like racehorses: dynamic, exciting and growing rapidly. But after a couple of decades, many firms begin to resemble a pack mule: stodgy, predictable and relatively stagnant. We have the unique perspective, having conducted analytical benchmarking reports for hundreds of independent firms of varying sizes and backgrounds over…

Read More

FinLife Partners is a dba of United Capital Financial Advisers, LLC.

All names, logos, and slogans identifying United Capital and United Capital’s products and services (including, without limitation, Honest Conversations®, Money Mind®, FinLife®, FlexScore®, Financial Control Scorecard®, FCS®, One Best Financial Life®, United Capital Private Wealth Counseling®, Ideal Life Index™, and FinLife Partners Powered by United Capital™, United Capital Financial Life Management™, Financial Years of Freedom™) are trademarks and service marks or registered trademarks and service marks of United Capital or its affiliates in the United States and/or other countries.