Lost Income, Lost Friends -- and Loss of Self-Respect |The Impact of Long-Term Unemploymentby Rich Morin and Rakesh Kochhar, Pew Research Center | July 22, 2010Long-term unemployment takes a much deeper toll than short-term unemployment on a person's finances, emotional well-being and career prospec...
Read more... | top
TAGS:Career, Unemployment, Financial Planning
| PermalinkShare|
Congress will see a "major push" on optional federal charter legislation in the next session, no matter which party controls the House of Representatives, Financial Services Committee Chairman Barney Frank said at the summer meeting of the National Conference of Insurance Legislators.
The OFC issue...
Read more... | top
TAGS:Optional Federal Charter, Federal Insurance Department, Federal Regulation, Optional Federal Insurance Charter
| PermalinkShare|
The Golen Rule still works. It is timeless. The Financial Services Professional in his or her interaction with customers or represented companies should use the code of conduct that serve as the building blocks of the earth’s great religion. The Golden Rule maintains that ...
Read more... | top
TAGS:Golden Rule, Ethics
| PermalinkShare|
We all are thinking about or using social networking sites such as Twitter and Facebook to promote our businesses. With the growing use of social networking by business professionals, there is a growing number of social networking sites focused on business users and meeting their needs. ...
Read more... | top
TAGS:Social Networking, Social Media, Professionals, Recruiting, Business Networking
| PermalinkShare|
If I had a candle wish, it would be that all African Americans and Hispanics understand that without wealth…families cannot become and remain economically secure. While it is true that the 21st century has brought increased income in minority households… this did not lead to wealth accum...
Read more... | top
TAGS:Wealth, Minority, Underserved, Minorities, African American
| PermalinkShare|
If you are a stockbroker (Commonly called Advisors, Registered Rep, or Rep), you have probably considered moving your practice (Book) over the last year. The good news is that independent firms are becoming increasingly aggressive with their transition packages as way of competing in a highly compet...
Read more... | top
TAGS:Rep, Stockbrokers, Registered Representative, Practice Management
| PermalinkShare|
There are some who feel that recent failures in transparency, such as the Bernie Madoff scandal, will be challenged more robustly at an earlier stage if social media and networking was widely accepted by Financial Services Companies. The failures in communication are perhaps partly to blame for the ...
Read more... | top
TAGS:Social Networking, Social Media
| PermalinkShare|
What Broker Dealers Are Preferred By Advisors? The Top TenStock Brokers, Registered Reps a.k.a. Advisors select or move to a Broker/Dealer mainly for one or more of the following reasons:
AffiliationTransition ServicesCompensationTechnologyClient services supportCompensationNon-user friendly s...
Read more... | top
TAGS:Registered Representative, Advisor, Adviser, Agent, Stockbroker, Planner
| PermalinkShare|
Experts have identified three major Broker Dealer business models. (1) Value pricing (2) Value added and (3) Specialization. Let take a helicopter view at each:
Value Pricing: You may think of value pricing as selling product at a loss to build momentum to sell other product at a profit...
Read more... | top
TAGS:Stockbrokers, Rep, Registered Representative, Practice Management
| PermalinkShare|
ADDING SOME GRADS TO PARENTS' HEALTH PLANS COULD BE COSTLY | Health Issues - May 12, 2010After the commencement speeches are over, the new grads face the job hunt and maybe a gap in health coverage, say National Public Radio (NPR).
Starting in September, the new health law will let adult children ...
Read more... | top
| PermalinkShare|
|
|