At First Ascent, we partner with independent financial advisors to manage investment portfolios for their clients. Increasingly, (and partially due to the attraction of our low, flat-fee structure), we are working with more advisors who have historically managed assets themselves or who are breaking away to form their own RIAs. They see the benefits to … Read More
Welcome to “The Summit,” the official First Ascent blog.
If you’re looking for ways to build your practice, investment insights, or advice on how to communicate more effectively with clients and potential clients, then you’ve come to the right place.
It’s all over the headlines. The value is going crazy and everyone is wondering about it. Bitcoin alone has gone from roughly $1,000 at the beginning of the year to $19,000. A meteoric rise. Bitcoin’s success has spawned other “cryptoassets.” You can now buy Ethereum, Litecoin, or any of 1,000 other cryptocoins. Together they have … Read More
We recently came across a blog post that Jason Zweig of the Wall Street Journal wrote about 19 questions clients should ask their advisor. As I read through the article, it seems to me that the one concern driving many of the questions is: How do I know I can place my trust in you? … Read More
The first reason why going it alone is a bad idea. As your script gets closer to being complete, you should start thinking about production, which is a big word that refers to all that goes into shooting your video. At this point, you might be tempted to go it alone. Maybe you have some … Read More
About a year ago, I came across an illustration from JPMorgan’s Guide to the Markets that I found to be a very interesting way to look at the path traveled by investors. Often, clients will look at the history of an investment and only see the final results, while overlooking the “roller coaster” ride they … Read More
Do you want to differentiate your firm from the competition, while adding value to your client relationships? Focus attention on an area that is ignored by most advisors: client profiling. Because few advisors even think of this as an area where they might add value, it presents you with a great opportunity to stand out … Read More
I was reading a post in the Fat Pitch blog this morning by Urban Carmel and he found a fantastic chart on the perpetual doom and gloom prognostications of market commentators. Source: Fat Pitch These quotes come from commentary and outlook written by experienced money managers, all indicating that the market is moments away from … Read More
The process of editing can be described in four stages: writing, critiquing, rewriting, repeat. You’ll do this until you end up with a script that is concise in its message, complete in its handling of that message. In short, only as long as it needs to be and not a second longer. Hopefully, you’ve gone … Read More