Welcome to the
TDA4advisors Blog

We are excited to share a collection of relevant, timely, and insightful articles that can help you grow and strengthen your business. TD Ameritrade and leading industry experts will be contributing their unique perspectives on the challenges and opportunities that RIAs are facing today. Thank you for joining our community and we look forward to connecting with you!

  
  • by Vanessa Oligino
  • Senior Manager, Practice Management, TD Ameritrade Institutional

COO vs. Operations Manager

Vanessa Oligino

Senior Manager, Practice Management, TD Ameritrade Institutional

“Working collaboratively with advisors, industry consultants and thought leaders, I work with a team of individuals committed to bringing advisors insights, programs, tools, and resources designed to build sustainable growth and enduring value for advisory firms.”

- Vanessa Oligino, Senior Manager, Practice Management

Lead advisors at maximum capacity. Day-to-day office management tasks being handled “off the side of the desk” by the firm principal(s). No time for new business development. These are just a few of the signs or symptoms of seemingly harmless situations that can potentially inhibit growth, create operational inefficiencies, and impact client satisfaction.

So, what’s the solution? How can you ensure that everyone at your firm is being put to their best use in generating value for the firm? Consider hiring a dedicated manager.  Choosing to add a dedicated management role—to help office productivity and efficiency, and to enable growth of the firm—is a big step. Some might even view it as another expense— rather  than the opportunity it truly  is— to free up capacity for your revenue- generating resources to focus on strategy and grow the firm.

There are two types of dedicated management positions that advisory firms generally add before all others—the operations manager and the chief operating officer.  Which one is best for you?

Read More

  
  • by Skip Schweiss
  • President, TD Ameritrade Trust Company
    Managing Director of Advisor Advocacy & Industry Affairs

To Be or Not to Be: Supporting Retirement Security for America’s Workers

Skip Schweiss

Skip Schweiss, Managing Director, Advisor Advocacy & Industry Affairs,
TD Ameritrade Institutional

“As Managing Director of Advisor Advocacy & Industry Affairs for TD Ameritrade Institutional, I help to expand the voice of registered investment advisors (“RIAs”) on important policy issues. As I publish my insights here on the regulatory and legislative issues that affect fiduciary advisors and their retail investor clients, you can be certain that I’m working alongside you every day to make sure that common sense, efficient regulation, and investor interests prevail.”

-Skip Schweiss (Follow Skip Schweiss on Twitter @TDASchweiss)

 

For many policy issues these days, the ever-shifting and conflicting political winds can create quite a whiplash. So it is for retirement policy in the United States. At stake is nothing less than the retirement security of millions of American workers and their families. We would like to see many more American workers have access to the retirement system, so they can save money more easily to fund a dignified retirement.

This noble goal, however, may be overrun in Washington by another objective: getting a handle on America’s $17 trillion federal debt and our annual budget deficits.

There are some lawmakers who want to tax retirement contributions to help reduce the overall debt by reducing incentives for employers to sponsor plans and for workers to contribute to them. That is bad policy, in our view. There are other, better options.

Read More

  
  • by Skip Schweiss
  • President, TD Ameritrade Trust Company
    Managing Director of Advisor Advocacy & Industry Affairs

My Name is HAL, and I’m Here to Help

Skip Schweiss

Skip Schweiss, Managing Director, Advisor Advocacy & Industry Affairs,
TD Ameritrade Institutional

“As Managing Director of Advisor Advocacy & Industry Affairs for TD Ameritrade Institutional, I help to expand the voice of registered investment advisors (“RIAs”) on important policy issues. As I publish my insights here on the regulatory and legislative issues that affect fiduciary advisors and their retail investor clients, you can be certain that I’m working alongside you every day to make sure that common sense, efficient regulation, and investor interests prevail.”

-Skip Schweiss (Follow Skip Schweiss on Twitter @TDASchweiss)

 

In Arthur Clarke’s screenplay 2001:  A Space Odyssey, a fictional (?) computer designed to support a space mission oversteps its bounds and seizes control from the humans.  The computer even has a human-sounding name:  “HAL”, which stands for Heuristically-programmed ALgorithmic computer.

Clarke conceived HAL in 1968, when all the computing power of NASA’s mission control couldn’t compete with our desktops today. Now, almost a half-century later, the concept of a computer taking over for humans is no longer science fiction, but a part of everyday life. Computers have taken the place of humans in many industries, and now the threat of being made obsolete has some investment advisors worried.  “Robo-advisors” are the talk of an industry that has plenty of issues to talk about, and the talk seems to boil down to a binary question:  Threat or No Threat?

Read More

  

Monthly Archives

Welcome to Human Finance

Welcome to Human Finance

At TD Ameritrade, we work with humans, not just numbers. We prefer to think of it as the business of understanding the people behind the portfolios. The business of Human Finance.

Watch the video


Related Videos

What Does Human Finance Mean to You?

The Last Time a Number

Independence Day

  

The Myths and Realities of Becoming an RIA

Perspective: Myths and Realities of Becoming an RIA

Becoming an RIA is a big step. Know the facts before making a transition.

Download perspective