Enjoy the latest issue of The Weekend Reading for Financial Planners – this week’s issue reveals that amid economic and market headwinds, the pace of RIA M&A activity in January and February compared to the same period last year. It starts with the news that it is late. If this trend continues, 2023 will be the first year he sees fewer deals than the previous year in over a decade, although some industry observers see continued interest in deals.
Also, this week’s industry news:
- A recent FINRA arbitration award reaffirmed the ability of brokers operating under the independent broker/dealer model to take their clients with them when they change firms.
- A bipartisan group of US senators is examining potential ways to strengthen Social Security, from raising the retirement age to 70 to creating a sovereign wealth fund.
From there, there are several articles on practice management.
- How Advisory Firms Can Run More Efficiently with CRM Software
- Best practices companies should consider when choosing a training program
- Why going back to basics can help companies overcome difficult market conditions, especially when it comes to decision making
There are also many articles on wealth.
- What “Upper Middle Class” Really Means in Dollars
- Why Many Consumers Overestimate the Size of Nest Eggs Needed for a Comfortable Retirement Life
- How advisors and clients change their fixed income investment expectations as interest rates and yields rise
We conclude with three articles about taking action.
- Why trying to live a ‘no regrets’ life hinders self-improvement
- Why it’s important not to let major ‘events’ distract from the overall ‘journey’, whether it’s a relationship or a client’s retirement
- How a willingness to act imperfectly drives growth for advisory firms
Enjoy your “light” reading!
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