Senior advisors occupy a uniquely high-impact role within advisory firms. For firm owners, the challenge is not merely recruiting this talent… but also creating an environment and incentives compelling enough to retain their advisors. https://t.co/8kfmeXXWmB
Senior Financial Planning Nerd Sydney Squires discusses the newest Kitces Research on What Actually Contributes To Advisor Wellbeing and how advisory firms can create work environments and compensation structures that increase advisor satisfaction and long-term retention.
#advicers #senioradvisor #teamretention
The conventional view of portfolio rebalancing is that it is a strategy to enhance long-term returns by periodically selling the investments that are up (and overweighted) to buy those that are down (and underweighted), in the process of realigning the portfolio to its original target allocation. https://t.co/7zclesPxjF
Yet the reality is that because most investments go up far more often than they go down, systematic rebalancing is actually more likely to just consistently liquidate the best-performing investments to buy ones with lower returns instead – especially when rebalancing across investments that have very significant return differences in the first place (e.g., rebalancing from stocks into bonds). https://t.co/NhE6KAjlCs
This #WeekendReading kicks off with the news that amidst reports that Charles Schwab is moving to boost its provision of advisory services to wealthier clients (potentially putting them in competition with RIAs that seek similar clients and use Schwab as their custodian and as a referral source), the firm indicated it doesn't anticipate coming into direct competition with the RIAs it serves often. https://t.co/DdCf9ifBCw
Private Company Equity Is Not Cash: How advisors can work with clients to assess the role of private company equity in their compensation package and proactively make decisions on how to handle it (which could ultimately result in significant tax savings) (Ally Jane Ayers | Money Changes Everything) https://t.co/DdCf9ifBCw #WeekendReading
@neyikaybettik Kurtlar vadisi ıraq ve filistinin zikir sahnelerinin üzerine çıkabileni henüz görebilmis degilim ama görüntüdeki sahne de onlara yakın seviyede başarılı 👏🏻
@contextalemdar Kardesim bu adama suan vericekleri para anlaşsa bile 35 degil cünkü ilk yıl kiralık olucak 5 milyon vericez kalanı seneye osimhenin taksidiyle beraber verilir