Board Diversity by Design
An informed and strategic pathway to growth
by Rodney O. Martin, Jr.
As one of our board members at Voya Financial aptly noted, it is difficult to make a case for the significant value that diverse boards contribute – to the organizations that they govern as well as to society – that has not been made by experts across numerous and various industries and stakeholder groups. read more
What Are The 4 Phases Of A Sound Financial Plan?
Some Advisors Focus On Only One
Everything looks like a nail if your only tool is a hammer – that’s what financial planning expert Brad Berger finds himself telling clients all the time. read more
For Life Insurance, Online Doesn’t Mean Cheaper
The idea that everything is cheaper online is a common misconception
When people go into a store to purchase a specific product, they often have researched to see how much the same product costs on the Internet. To make it even easier for shoppers to compare, online retailers’ mobile apps include scanners. read more
Millennials: Creative, Ambitious, Financial Optimists?
70% of Millennials Expect Financial Outlook to Improve In the Next Six Months
When it comes to finances, more than half (53% vs. 45% in 2014) of Americans expect a greener outlook in the next six months, and this optimism is strongest among Millennials (70% vs. 64% in 2014) according to the American Express Spending & Saving Tracker. read more
The Future of Millennials From Saving to Retirement
Sometimes everything goes according to plan, but sometimes...
J.P. Morgan Asset Management today released a new piece of research, "The Millennials - Now streaming: the millennial journey from saving to retirement." read more
You’ve Been Served… On Facebook
Service of divorce via Facebook prevents hiding behind the cyber curtain
In the age of technology and social media it is nearly impossible to hide. Everything is being tracked online and this is changing many industries, including the courtroom. read more
Will Your Clients Answer When a Robo-Advisor Calls?
Interest is steadily increasing among Gen X / Gen Y investors
Discount brokerage firms need to deliver greater value to investors via tools that provide guidance such as automated portfolio management or “robo-advice.” read more
Dood-Frank, UDAAP and the New Order for Industry Oversight
You Understand Your Products But Do Your Customers and Regulators?
by Anastasia Stull, Managing Director, Newoak
Compliance continues to be a top priority for regulated entities and for financial services executives, according to statistics that put compliance risk in first place over other business concerns such as credit risk, liquidity risk and market risk. read more
Raising Awareness With the Words You Use
Translating Insurance into English
Behavioral finance studies reveal that people who are confused put off making decisions. LIMRA’s research has shown that this is particularly true for people shopping for life insurance.
How Vulnerable To Hackers Are Mobile-Payment Apps?
Ensuring That Customer Data Is Safe Should Be A Priority
Making a purchase or other payment is not like it used to be. These days, cash and credit cards aren’t the necessities they once were because alternative-payment options are just a tap or two away on a mobile device through apps such as Google Wallet, Apple Pay, Square, Levelup, Kash and PayPal. read more
FINRA Votes to Protect Financially Vulnerable
FINRA Board Approves Rulemaking Item to Protect Seniors and Other Vulnerable Adults from Financial Exploitation
The Financial Industry Regulatory Authority (FINRA) announced that its Board of Governors approved a rulemaking item to help firms better protect seniors and other vulnerable adults from financial exploitation. read more
How Do You Find Your Customers?
Developing your brand, and generating referrals, takes a pro-active approach
by Bruce Turkel
... it became clear that his problem wasn’t that he hasn’t been promoting his business. His problem is that he doesn’t know which customer to whom he should market his services. read more
Small Business Owners Say Growth is Their Top Priority
Two-thirds report having a formal growth plan, yet nearly half say ideas for growing their business “keep them up at night”
A large majority (72%) of small business owners are prioritizing growth according to the inaugural American Express OPEN Small Business Growth Pulse, a survey of 1,000 small businesses with $250,000 or more in annual revenues. Roughly two-thirds of surveyed small business owners (65%) created a formal plan for growing their business. read more
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