Too many advisory firms waste money. We find it helpful to rely upon a defined process when considering a change in vendor relationships or tools you are using in your business, and importantly, creating the process before engaging with the vendors. Be clear about your needs, budget, integration requirements, etc. We all know that if we go grocery shopping while hungry without a list, bad things happen in terms of budget and diet. Here is a list of Do's and Don'ts to consider when evaluating technology and operational changes.
FROM THE OCTOBER 2017 ISSUE OF INVESTMENT ADVISOR MAGAZINE [SIDEBAR TO FEATURE: DOUBLE DIPPING]
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