Historically, financial advisors were primarily financial salespeople in the business of selling investment and insurance products, including and especially mutual funds through the independent broker-dealer model. Yet as technology has increasing commoditized basic investment product purchases , and forced advisors to become more educated and add more value on top , more sophisticated advisors are constructing increasingly more complex and nuanced portfolios, and in turn are demanding more from their fund company providers as a result.
Where qualitative and other trustworthiness and reputation factors do still matter, but only to the extent that the fund company and its wholesalers can actually demonstrate real expertise and value-add , not in the business of the advisor i. So what do you think? What are your most important factors when selecting fund providers?
What value-added services are you looking for from wholesalers? Do you clients want diversification, not only in asset class, but in approach as well? Please share your thoughts in the comments below! General Inquiries: Questions Kitces. Members Assistance: Members Kitces. This browser is no longer supported by Microsoft and may have performance, security, or missing functionality issues. For the best experience using Kitces. Practice management advice and tools relevant for your business.
Join 47, fellow financial advicers getting our latest research as it's released, and receive a free copy of The Kitces Report on "Quantifying the Value of Financial Planning Advice"! Member Login Search Close Search. Search Term:. Complex funds in particular are subject to a number of risks, including increased volatility and greater potential for loss, and are not appropriate for all investors. Because each fund pursues its own unique investment objectives, each fund has its own set of specific risks.
There is no assurance any Fund will achieve its investment objective. All investing involves risk including the possible loss of principal. Investments fluctuate with changes in market conditions due to numerous factors some of which may be unpredictable. Options involve risk and are not appropriate for all investors.
You should read it carefully before investing. Investment products and services are offered through Wells Fargo Advisors. Banking Accounts and Services. Loans and Credit Accounts and Services. Investing and Retirement Our Investing Services. Wealth Management Wealth Services. In the domain of providing financial services and advisory too, the situation is no different. There are host of website hogging to provide information. While many of you may consider that as a valuable service, have you ever wondered whether that's helping you to add wisdom or it's just pure "information overload"?
In our opinion it is vital that you investors' recognise that wisdom stands at the pinnacle, whereas information is positioned much below see chart above. And for you to make wise decisions what matters is wisdom. While investing all of you have relevant questions to ask such as - Where to invest? How much to invest? What should be the investment horizon? This assessment is relevant because for you to take wise investment decisions, you need to tap that resource which provides wisdom rather than just pure information overload, which still keeps you hanging on what to do with your investments.
Today with several investment instruments available, the task of doing prudent investment planning is furthermore difficult, because you are surrounded with host of information around several investment instruments such as stocks, mutual funds, bank FDs, NCDs, corporate bonds, Public Provident Funds PPF , National Savings Certificate NSC , etc.
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