Finding the value in communicating with individual family members in ways that inspire confidence and cooperation can help build a successful business. WSJ Wealth Management examines ways advisers can profile clients to understand how they make financial decisions.
In Chapter 11 of 17 in his 2013 Capture Your Flag interview, educator and entrepreneur Michael Margolis answers "How Are Your Team Dynamics Changing as Your Company Completes More Creative Projects?" With a company that tripled in size in less than three months, CEO Margolis manages employee growth by investing in an intentional, transparent company culture. This sets clear employee expectations around priorities and values and helps Margolis do his best as a CEO to lead his team.
Putting careers front and center has an impact on the way an adviser does business, including how a client's investment portfolio is designed. WSJs Thomas Coyle explores how some advisers are beginning to manage their clients careers like any other asset.
Are Financial Advisers Serving the African-American Community Well? Deck: Trust is a key ingredient for advisers seeking to expand their African-American client base, says George Barnes, financial adviser with Prudential Financial.
In Chapter 17 of 17 in his 2013 Capture Your Flag interview, educator and entrepreneur Michael Margolis answers "What Procedures and Processes Are You Putting in Place to Manage Company Growth?" Margolis builds a business operations strategy around a four element model. Water is used to create regular meetings to gauge employee emotion and to get feedback. Fire is addresses problems and projects. Earth focuses on operations procedures, namely recruiting, retention, and routines.
Bill Harris, CEO of Personal Capital, a digital wealth management service, talks with Dow Jones editor Kevin Noblet about his venture and why traditional financial advisers need to be aware of online technologies.