Angie Herbers

About the Author

Angie Herbers

Angie Herbers is a virtual business manager and consultant for independent financial planning firms. She can be reached at angie@angieherbers.com.

• Hourly Advice Sounds Good, but for Most Advisors, It Just Doesn’t Pencil

  By Angie Herbers  |  July 11, 2012

  So you want to smooth out revenues, advisor, and think hourly fees are the answer? There are some problems with that scenario…

• The Big Question: How Can Junior Advisors Buy Out Firm Owners?

  By Angie Herbers  |  June 26, 2012

  I can’t overemphasize the importance of a long enough time horizon.

• The Secrets to Advisor Success

  By Angie Herbers  |  June 26, 2012

  The biggest challenge to an advisor’s success is simply learning to live with it.

• Unhappy at Your Job, Young Advisor? Take Charge of Your Future

  By Angie Herbers  |  June 7, 2012

  Steps younger advisors can take to help them—and the firms where they work—think more clearly about their future.

• Not So Fast: A Cautionary Tale on Changing Your Advisory Fees

  By Angie Herbers  |  May 30, 2012

  Yes, flat fees or retainers can smooth out your cash flow, but there’s a little problem: clients don’t like to pay a separate fee when their account balances sink.

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  The Six-Week Solution to Succession Planning

  By Angie Herbers  |  May 22, 2012

  Although the stock market is still struggling, there’s one market in America today that is climbing to new highs almost daily: the market for experienced junior advisors.

• What to Do When Your Spouse Doesn’t Like Your Employee

  By Angie Herbers  |  May 9, 2012

  If you (rightly) want your spouse's buy-in on key business decisions, you may have to listen to their employee concerns. Here's how to handle this thorny issue.

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  The Virtues of Self-Importance

  By Angie Herbers  |  April 24, 2012

  One of my owner/advisor clients recently had a problem: His junior advisor wasn’t getting his work done in a timely manner.

• Growing Up Is Hard to Do: Start Acting Your Size, Large Advisory Firm!

  By Angie Herbers  |  April 23, 2012

  Congratulations—you’re more successful and, yes, larger. Now start acting like it, starting with improving knowledge transfer between your teams, using a 'Monday meeting' process.

• Advisors’ Biggest Practice Management Mistake: The ‘Now!’ Syndrome

  By Angie Herbers  |  April 6, 2012

  When it comes to problem-solving in your practice, there’s a right and wrong way. Making a snap decision in a real crisis is not the right way.