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There are many different types of investors in America. Some thrive off “hot deals” and love to watch market fluctuations for ideal times to get in and get out in hopes of securing huge amounts of money instantaneously. Others play it closer to the vest, choosing low-risk, slow-yielding investment opportunities that will eventually earn more [...]
According to Citigroup strategist Robert Buckland, the financial advisory business operates largely on trends. “We still meet too many fund managers who, two years ago, were diehard stock pickers and would never see a strategist. Now they are all over the latest moves in the Shanghai market or the ISM [Institute for Supply Management] index,” [...]
In a new CABHQ survey, 27% of financial advisors professed they “don’t need a Client Advisory Board to know what their clients want.” More than half of the respondents felt their clients would give them referrals, despite large losses in portfolios they manage and more than half feel their website is very effective in marketing [...]
More and more Americans are taking advantage of investor services to learn more about how the economy works. Clients will have access to a wide range of financial products, such as mutual funds, bonds, margin loans, stocks and options, exchange-traded funds, CDs, money market accounts and managed accounts. If you’re new to investing, you can [...]
While schooling is certainly an asset, the most important thing for a prospective investment advisor is their interpersonal skills. Employers look favorably upon individuals with strong work ethics, excellent communication skills and the ability to grasp new concepts in a fast-paced environment. Those going through financial advisor training should be trustworthy, with impeccable credit histories [...]
Most Americans purchase stocks to create their financial future. Before you can consider investing tips, there are several preparations you must make. First, reduce your household debts. If you’re paying more than 18% in interest on any credit cards, or if you’re paying more than 15% of your income on your debts, then you’re not [...]