Feeling unproductive? YCharts aligns advisor teams for better collaboration

In light of fee compression and increased competition, many wealth management firms have a renewed emphasis on operational productivity metrics. Adding in factors such as evolving investor demands and impending retirements can leave advisors feeling like they’re constantly playing defense; however, you might consider an offensively-minded approach to improving firm-wide metrics such as advisor productivity, … Continued

Charts of the Decade: Looking Back on the 2010s

The end of the year, and now the end of the decade, provide an opportunity to look inward and reflect on our successes and failures, think critically about where we went wrong, and make resolutions to be better versions of ourselves going forward. But that sounds like a lot of work. Instead, we at YCharts … Continued

How To Create Better Touchpoints with Clients

While Henry Ford famously told Model T buyers, “you can have any color as long as it’s black,” today’s consumers expect a lot more when it comes to customer service, and especially personalization. If you’re a Netflix subscriber, you’ve probably enjoyed the personalized recommendations for new TV shows and movies that are similar to the … Continued

How To Avoid Distributions and Build Tax Efficient Portfolios

At the end of every calendar year, many mutual fund managers distribute capital gains to shareholders, delivering tax implications that are equally painful for advisors and their clients. As an advisor, you’re tasked not only with helping your clients manage their investments, but also managing the tax implications of gains and losses from those investments. … Continued

How To Find the Best Mutual Funds

When putting together an investment portfolio, whether for yourself or on behalf of a client, fund selection is a pivotal exercise. Investors buy shares of mutual funds to gain exposure to a large pool of individual stocks, to access a fund manager’s proprietary strategy, and/or to take advantage of the diversification benefits that funds can … Continued

How Ben and Michael use YCharts against Noobwhales

When it comes to finance and investing podcasts, Animal Spirits stands out as one of the most insightful and entertaining shows we listen to.  Part of what makes the podcast so appealing is how Michael Batnick and Ben Carlson, the show’s co-hosts, poke holes in the claims of investing talking heads and Twitter trolls. Noobwhales, … Continued

Advisors: Do Clients Perceive Your Value?

As a registered investment advisor (RIA) there are two common methods for growing your firm: Method 1: Grow AUM in current accounts. Method 2: Grow AUM by adding new accounts. Top advisors recognize that sustainable growth requires them to simultaneously focus on both methods. In order to grow the quantity and size of accounts managed, advisors must … Continued

Millennials Don’t Use Advisors – 3 Ways You Can Change That

So I’m a millennial — born in the ’90s, raised on Pop Rocks and the internet, living off quinoa and hummus — millennial. But when my millennial friends and I aren’t eating overpriced brunch or over-editing Instagram photos, we actually have more intellectual conversations than you might think. Things like cryptocurrencies and Robinhood have added a new … Continued