3 May 2013
Wealth management firms are missing out on “brand love” and loyalty by not exploiting the benefits of digital technology, according to findings from a new global survey.
5 September 2012
JHS Capital Advisors, a dual-registered broker/dealer and RIA, has hired Katie White as a vice president, financial advisor. White manages $40 million in client assets and joins from Wells Fargo . She will be based in the firm’s Tampa, FL, headquarters, from where she will work with an emphasis on female business owners on issues such as divorce and retirement planning.
21 August 2012
JHS Capital Advisors, a dual registered broker-dealer and RIA, has appointed Steven Lofquist as a first vice president, financial advisor. Lofquist is based in the firm’s Leawood, KS, office and manages $40 million in client assets . He joined from RBC Wealth Management, where he was a vice president for three years.
16 August 2012
At a time when social media is playing an increasingly large part of clients’ lives, JHS Capital Advisors has linked up with Socialware to boost client relationships and attract new business by embracing new technology and communication channels. Following an enthusiastic response from advisors during a pilot program, JHS now offers Socialware to its advisors - enabling strategic and measurable social media campaigns via Facebook, Twitter and LinkedIn . The move comes just after a poll by SEI revealing that an overwhelming 94 per cent of advisors plan to increase their use of social media in the coming year.
12 January 2012
Wedbush Securities has given a firm-wide “green light” to social media use, allowing its financial advisors, investment bankers and traders to use social media for business purposes. Wedbush wants its employees to be part of the “ongoing dialogue” of social media, and go further than supplying readymade corporate statements, which will instead be used to supplement conversations with necessary information, the firm said . To address compliance issues it is working with Socialware, a company that provides a middleware platform for wealth management firms to review, monitor and archive social networking communication.
21 December 2011
A love affair with social media among wealth managers appears to have cooled slightly, although its benefits remain a keenly debated issue, a new study says.
18 September 2011
Think you know who’s using social media? Think again. Kids and young adults continue to be the most enthusiastic social networkers, but social networking among adults aged 50-64 skyrocketed 88 per cent last year.
2 June 2011
Some 55 per cent of advisors think their biggest marketing challenge is differentiating their practice and generating new business, and a vast majority of advisors think they are not doing enough to market their business, according to a survey of around 200 advisors polled by Peak Advisor Alliance. Meanwhile, many advisors are unclear how to make social media work for them . A total of 89 per cent of advisors said they weren’t doing enough, and 66 per cent aren’t engaged in any form of social media for promotion.
30 March 2011
Fear of the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC), and compliance issues in general, are holding back many wealth managers from social networking. Furthermore, the fear factor shot through the roof recently when the SEC began conducting social-media sweeps, requesting information from investment advisors about social networking activities . However, Chad Bockius, CEO at Socialware, a company that provides a middleware platform for wealth management and financial advisory firms, says these fears are overblown, because many companies, including his own, offer compliance solutions that make reviewing, monitoring and archiving manageable.
News and Features
Comment and Analysis
Holding regular, face-to-face family meetings can help families to overcome some of the issues that can cause their wealth to dissipate over generations, says Claudia Sangster of CTC Consulting | Harris myCFO.
5 December 2013
There is “significant value” locked up in the information about things that people own and are acquiring, says Scott Walchek, chief executive at Trōv.
22 November 2013
This is the first of a two-part article looking at tax planning and philanthropy issues. It is written by Susan Dauber, philanthropic advisor with Strategic Philanthropy.
30 September 2013
Ultra high net worth clients are interested in intellectual capital and sophisticated capabilities - they “don’t need to be sold anything,” says John Mathews, head of UBS Private Wealth Management.
7 October 2013
Banyan Partners chief executive, Peter Raimondi, speaks to Family Wealth Report about its spate of recent acquisitions and its strategic direction going forward.
14 October 2013
Marc Odo, director of research at software and business intelligence firm Informa Investment Solutions, discusses why diversification failed during the credit crisis.
25 March 2013