10 Smartest Things Heard at BISA Conference
<b>Shortage of advisors can turn into a crisis if the problem is left unaddressed.</b>
Read more:
How Will Banks Handle Advisor Shortage?
<b>Standard recruiting incentives are ineffective in todays environment.</b>
To attract advisors, financial institutions need to offer more progressive recruiting incentives that ensure that advisors have comparable first-year earnings and upside potential to make the move to a new institution pay off, Bielan said.
<b>Brokers need more bank oversight.</b>
Read more:
Brokers Need More Bank Oversight, Examiner Says
<b>A manufacturing renaissance will fix the U.S. economy.</b>
<b>Align long-term strategy with secular trends.</b>
<b>Clients families want the advisors to play the bad guy.
Read more:
Advisors Need Better Retirement Planning Training
<b>Social Security is amazingly generous in some ways that no private company could match.
Read more:
Social Security: What Advisors Need to Know
<b>Some things you budget for and some things you insure against.
Read more:
Insuring vs. Budgeting: What Some Clients Don't Get
<b>The U.S. economy should grow a little more than 3% in 2014.
Read more:
How Will Gold Perform?
<b>We need a new way to look at diversification.
Read more:
A Guide to the Changing Bond Market