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FPA report on Time Mgmt and Productivity is a Must Read!

FPA’s Research and Practice Institute, with Littlechild’s Advisor Impact survey experience and expertise, produced a great report that speaks to owner burnout, loss of control of your day, and offers solutions from your peers. We consider this a MUST READ …

Top 2 Tools to lowering burnout and the workload for under $50/year

The hottest topic is burnout of owners so here are our top 2 inexpensive tools that we love and that lower burnout:   #1. Appointment scheduler software (avg cost $50/year) that allows you to block out times you want to …

% Performance Reporting is Dead – You just don’t know it yet.

We are seeing a new pivot that we believe is worth noting and learning. The pivot is away from % performance reporting and toward the use of a PFM (Personal Financial Management) system to automatically collect data and report a …

My Virtual COO is hiring!

We are looking for a new Solutions Implementer so pass along the word to your peers. Thanks!   Click HERE for the posting.    

Read up on 2014 Tech Trends, Spending and Robo Advisers by FPA Roundtable with Tech Experts

FPA published a great summary of the latest tech trends and comments from MyVirtualCOO’s Goldman, Clientific’s Nicols, Technology Tool’s Bruckenstein and FP Pad’s Winterberg on Technology for Planners: Trends, Spending, and the Rise of Robo Advisers. It was moderated by …

Sitting at your desk can kill you – yet another reason to meet clients and network

A great video reminder – get away from your desk before it kills you!   VIDEO   Just a friendly reminder that now is the time to setup your desk ergonomically with dual monitors, the right keyboard, and a headset …

Target’s security breach and why processes are super important per hacker expert Mitnick

On CNN news this morning, expert hacker Mitnick couldn’t have said it better about Target’s security breach. “It is really about people, processes and technology and businesses need to be testing their processes to prevent issues”. Mitnick is an expert …

Reading between the lines on all these Benchmarking reports

  There is nothing better than a great report on the health of advisory firms and how average firms stack up to “top performers”. WealthManagement.com has produced a great report (register HERE for it) that covers a lot of areas …

NAPFA’s Interview with Goldman on trends and operations efficiencies solutions & profitability

  For anyone that is a NAPFA member, you can read about solutions to capacity and profitability issues in NAPFA’s latest publication. (Click HERE to view the cover page and summary).   We address some of the basic technology that …

INDUSTRY TRENDS – WHERE DO YOU STAND? Operations efficiencies, profitability and staffing…

  On November 6th 2pm EST join the Practice Management Study Group guest speaker Goldman for an open discussion on the latest trends in increasing profits and staffing.   Pre-submitted questions will also be answered with solutions so please submit …

The honest truth for advisors on “Is your iPhone turning you into a wimp?” article by Harvard

  Kudos to Bos and Cuddy at Harvard for doing a GREAT study on how interacting with tech devices like an iPhone and computer effect our behavior. Ironically, we were just about to publish a short article about the trend …

“RIA Margins Suffer” statistics and yet another solution to reduce operating costs and headaches

To continue this discussion that Britton of Wealth Management Mag started on the drastic drop in profit margins, we provide yet another solution.   Advisory firms that outsource portfolio back office functions save between 45 to 56 percent over a …

“RIA Margins Suffer” statistics and why I think the data is misleading and this is a positive sign for our industry

  We are excited about this latest article and statistic that RIA profit margins have drastically dropped in the last few years. We ask advisors to take a step back and then read this article AGAIN with a new found …

COO published in TrustedAdvisor on Outsourcing Portfolio management or back office work

Article on Growing your business using portfolio back office outsourcers to get the work done and how you have choices of service.   Goldman writes….In the FPA’s Practice Management Solutions Journal, an article entitled Outsourcing Investment Management, Crowe cites a …

COO quoted on Virtual Assistants helping advisors cut through clutter of the day

WealthManagement’s Lauren Barack provides an article on using virtual assistance to get the work done without the emotional effort of managing a staff person, dealing with sick days, or providing the tech/desk and training in her latest ARTICLE (click here) …

Overdoing the integrations with Salesforce CRM and causing shut downs…

For most Salesforce CRM users, ignorance is bliss. But for those firms looking to integrate multiple applications to save time collecting data, creating PowerPoint reports, and more, you will soon realize there is a limitation on the integrations with Salesforce. …

Microsoft’s silent battle against Salesforce CRM

For Microsoft 365 email users, welcome to the silent battle between two behemoth firms. It turns out that 365 automatically black lists all of Salesforce’s 52 IP addresses. This means if you use the Salesforce CRM time saving email templates …

Is Google Apps Right for my Financial Advisory Firm?

It is plain to see that Google can offer great value to small businesses with their Google Apps platform and the seamless integration they offer between all of your devices, such as your desktop computer, laptop, tablet and smartphone.  But …

Smooth Operator: Achieving Efficiencies in Your Practice

  In May Accelus interviewed Jennifer Goldman, President of My Virtual COO,  on her tips and ideas on how to achieve operational efficiencies in your advisory practice.   The interview addresses the following topics:   – The role of a …

NAPFA Presentation: Building a Higher Growth Practice

This NAPFA DC Presentation ” Building a Higher Growth Practice” includes: Visual flowcharts of integrations that will reduce your workload A list of operational functions you can outsource to US based industry experts A map you can use to lay …

MVCOO quoted in Wealth Management article: Hands Off

Financial advisor Kristin Harad is a master at finding other people to do her work for her. She’s not lazy, nor does she possess Tom Sawyer’s ability to convince others that chores are actually fun. As a lone practitioner and …

Recap of what I learned at the T3 Technology Tools for Today Conference

This year’s T3 Technology Tools for today conference was a great opportunity for advisors to interact directly with executives from the custodians and technology vendors that they rely on to run their firms.  For those of you who couldn’t make …

Featured in the Trusted Advisor: CRM: No Longer an Option For Advisory Firm Growth

  There’s no denying it: for financial advisors, a client relationship management (CRM) system is now an absolutely necessary tool for growth.   In the past, advisors in small practices might have been able to manage without it. But today, …

New Book Offers Tech Advice and Practice Management Solutions

Internationally acclaimed experts on technology in the financial services industry, David Drucker and Joel Bruckenstein ,are releasing their second book, Technology Tools for Today’s High-Margin Practice: How Client-Centered Financial Advisors Can Cut Paperwork, Overhead, and Wasted Hours on February 6, 2013. …

WEBINAR: Learn how to become Super Compliant Using Processes & Workflows

Join us on the FPA Webinar  on Becoming Super Compliant Using Processes and Workflows.   COO’s Goldman will review what is a workflow or process, how it makes you more compliant, and show you two examples of workflows – compliance …

SPEAKING: COO’s Goldman speaking at “Kick Your Firm Into High Gear” Fidelity event in Denver

Fidelity continues to invest & provide actionable solutions to boost profit & growth to emerging high-growth advisors with their kick-start events happening all over the country.”Kick Your Firm Into High Gear” Is growing your practice your number one priority?  Do …

FPPad Video: How TrustFort helps make financial service companies more efficient

TrustFort powers many back-office functions of small- and mid-size broker-dealers and is expanding its partnerships with RIA technology providersLast week I introduced the first of three videos on TrustFort, a Woburn, Mass.-based technology provider (see TrustFort targets broker-dealers and large RIAs with …

ARTICLE – Goldman quoted in NAPFA Magazine on Nine Ways to Embed Compliance when Outsourcing to Virtual Staff

Jen Goldman of My Virtual COO quoted in June NAPFA Magazine article on the topic of using Outsourcers and being compliant. Click NAPFA Advisor Magazine quotes Virtual Solutions in June’s Publication to view.

NAPFA article on Compliance and using Outsourcers quotes Goldman, COO’s President

My Virtual COO’s President, Jen Goldman, speaks in NAPFA publication about compliance measures to consider when using outsourcers to get the work done. Click NAPFA Advisor Magazine quotes Virtual Solutions in June’s Publication to view the article and view commentary …

FPPad Video:Think pipes® integration into Veo® platform enables advisers to trade options more efficiently

TD Ameritrade Institutional’s integration of an award-winning trading platform will help advisers manage options strategies in just a few clicks Time and inflation are eating away at your clients’ portfolios in the current low-return market environment. In response, many of you …

ARTICLE – To Grow, Go Virtual

To Grow Go Virtual As seen in the July/August 2012 edition of FPA’s Practice Management Solutions magazine.

Technology Functions Ripe for Outsourcing

Unlike some other outsourced functions, technology is one that isn’t likely to be any more than a part-time or contract position in the typical financial advisory firm. That’s because only a very large firm would ever be able to justify …

FPPAD Video: TD’s Integration Analyzer to analyze technology integrations

Financial advisers can quickly assess technology integrations with TD Ameritrade Institutional’s analysis tool called the Integration Analyzer. Available to all of its affiliated advisers, Integration Analyzer quickly displays how well one software program integrates with another, and with Veo® Open …

FPPAD Video: FutureAdvisor co-founder Bo Lu at FinovateSpring 2012

Here is a spotlight interview with FutureAdvisor’s co-founder Bo Lu about his company’s service offering to the retail investor. Hear how the platform is designed to deliver personalized, actionable advice to all investors and the company’s plans to incorporate financial …

Advisor Websites and My Virtual COO announce partnership!

Advisor Websites, a leading web-based software used by financial professionals to create and manage compliant websites, is pleased to announce its alliance with My Virtual COO, the leading implementer of customized processes and integrated technology and virtual staff to create …

FPPAD Video: Sarah Carter of Actiance on social media compliance for financial professionals

Actiance is a Belmont, Calif.-based company that provides compliance solutions for regulated financial professionals in the form of its Socialite Engage platform. Here Sarah Carter is talking about what Socialite Engage can do for advisers and gives a bonus tip …

FPPAD Video: inStream Solutions CEO Alex Murguia about ways the application expands beyond independent RIA marketplace.

Bill Winterberg covered inStream Solutions’ presentation at FinovateSpring 2012. Watch a short spotlight video with inStream CEO Alex Murguia about the ways the application can expand beyond the independent RIA marketplace HERE

FPPAD Video: iQuantifi CEO Tom White at FinovateSpring 2012

iQuantifi is a new company Bill Winterberg discovered at FinovateSpring 2012. He met with with founder and CEO Tom White to get more information on the company’s product. Post and video HERE

Ameriprise implements new technology platform & productivity levels & net profits rise…

Ameriprise implements new technology platform & productivity levels & net profits rise despite gross revenue being flat. Read more HERE

Bulk assignment of view rights now available in Redtail CRM

Can now bulk assign view rights in Redtail CRM. Great for firms with multiple advisors or personal contacts meant to be private! Details HERE

Neal Ringquist, president of Advisor Software, Inc. speaks about his company’s enterprise integrations of rebalancing software

FPPad’s Video Spotlight with Advisor Software, Inc. President Neal Ringquist on enterprise integrations, goalgamiPro, and the household balance sheet.

FPPad.com Video Spotlight: Jennifer Goldman!

WATCH  My Virtual COO President Jennifer Goldman on Restoring Advisers’ Work/Life Balance.

Time Management Presentation by Ginny Hudgens!

PMSG SPECIAL EVENT:  HUDGENS ON TIME MANAGEMENT Sign up HERE

New Planner Recruiting’s Latest Post

Super article by New Planner Recruiting on planning graduates, who hiring them, which schools are producing great planners to hire. Click HERE

NetDocuments Video Tutorial!

NetDocuments released a quick demo video for Financial Services Advisors. See the video HERE.

My Virtual COO and Pinnacle release Game Plan video.

“In February Pinnacle Advisor Solutions, announced an alliance with My Virtual COO. This alliance expands the back office solutions available to emerging advisors through Pinnacle Advisor Solutions. A video outlining their joint services has been released.”

Time Trade & Redtail Integration:

Another great leap into efficiency!! COO’s favored appointment scheduling system Time Trade now integrates with Redtail Zimbra calendar/email system.

Great Article in FPM by Bob Veres highlighting My Virtual COO!

Chicken & Egg: Don’t let a simple maze of paradoxes slow down the growth of your RIA practice.

Ginny Hudgens’ presentation on Strategic Planning was excellent!

“For anyone looking to get a grip on how to move their business forward. Free recording of the presentation available HERE.”

My Virtual COO Announces Alliance with Pinnacle Advisor Solutions!

“Pinnacle Advisor Solutions is announcing an alliance with My Virtual COO. This alliance expands the back office solutions available to emerging advisors through Pinnacle Advisor Solutions.’

NetDocument’s new Apps and Integrations!

NetDocuments has released its 1.1 release on the Apple App Store on January 5, 2012. It’s free on the App Store and anyone who has a NetDocuments account can login to view their entire contents, including the Home Page, Cabinets, …

Join COO for 48 hour jolt of latest tech & virtual staff options!

Click HERE for more info. Learn the latest & greatest ways to make your advisory practice scalable & efficient.





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