Making Pocket Risk More Mobile Friendly

Pocket Risk Mobile

Pocket Risk is now more mobile friendly for clients completing the questionnaire. Clients can complete the online questionnaire on their mobile devices. This will allow people to complete the questionnaire on the go and avoid the need to use a desktop. Previously it was was possible to complete the questionnaire on mobile devices but the experience ...

Pocket Risk integrates with Redtail CRM

Redtail

Pocket Risk has completed an integration with Redtail, the most popular advisor focused CRM (Customer Relationship Management) tool in the market. The integration will allow users of Redtail to launch the Pocket Risk questionnaire from within Redtail and review client scores. The integration has been completed to make it easier and quicker for advisors who use Redtail ...

Are future returns only available to private investors?

Amazon Jezz Bezos

What happens to the returns of your clients’ portfolios when more and more companies go public later and later? Will returns be privatized and kept in the hands of the few? Staying Private As the Wall Street Journal noted Amazon went public at a market cap of $440m and it now stands at $174bn. Uber, the on ...

How To Make Robo-Advisors Irrelevant

Blue Ocean Strategy

It’s difficult to pick up an industry publication, attend a conference or speak to a fellow advisor without discussing the threat of robo-advisors. There is no doubt they will change our industry forever but what is the solution for the financial advisor? Over the last week I’ve been reading Blue Ocean Strategy: How To Create Uncontested ...

What Benjamin Graham Would Do With Bonds Today

Benjamin Graham

10-year treasuries are at 2%. High-yield bonds dance around historical lows and you are probably wondering if there will be anything left after inflation. Welcome to today’s bond environment where safety of principal is being exchanged for the most minimal of returns. When speaking to advisors, their concern about today’s fixed-income environment is a recurrent topic ...

The Real Risk To Your Clients

simple-wealth

When you read all the literature designed to help you advance your practice do you ever feel that it’s junk? I do!  Not because it isn’t useful but because it focuses on areas of your business that don’t really matter. It fails the 80/20 test of purposefully focusing on those elements of your business that actually ...

Harold Evensky’s 5-step client on-boarding process

Harold Evensky On-boarding

Successfully on-boarding new clients is a common concern of financial advisors. As you know, those first few experiences a client has with your practice will color the relationship you have for years to come. Failure to understand your client, set expectations and begin on a positive note will lead to dissatisfaction and churn.  When advisors talk ...

3 Uncommon Questions To Assess Your Clients’ Risk Profile

Risk

In Harold Evensky’s “The New Wealth Management” risk is described as a “four-letter word” and that echoes many of the discussions I have had with advisors. Again and again I ask myself how do we get a better grip on what Evensky calls “a client’s most restrictive investment constraint”? Traditionally, advisors tried to figure it out alone, ...