Three Steps to Foster a Data-driven Culture at Your Firm

Today, firms that want to achieve a competitive edge must foster a culture built on analytics. Research from Erik Brynjolfsson et al. at the MIT Sloan School of Management found that data-driven organizations have five to six percent higher output and productivity than their less data-driven counterparts. Creating an analytics-based culture can be a big undertaking. But…

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The New Norm: Regulatory Uncertainty

Many of us within the industry are feeling the whiplash from the best interest standard. In March, the 5th Circuit Court of Appeals decided to vacate the Department of Labor’s (DOL) fiduciary rule. In April, the Securities and Exchange Commission (SEC) proposed a best interest standard for broker-dealers. As the industry continues to provide a lukewarm…

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