Financial advisers need to provide more services than ever to satisfy their clients, said Nicholas Stuller, CEO of AdviceIQ. Stuller stopped by TheStreet to cap off National Financial Advisors Week. He said the skill sets of the modern financial adviser have broadened along with the resources that are available to them. Stuller added that advisers and clients need to work together to identify benchmarks and fees, especially when the percentage of customers paying per individual stock trade is declining. Finally, he discussed the benefits of traditional asset managers versus the independent registered representative.
Get the Investing Edge.
Join Jim Cramer's Members-Only Investing Club
Become an Action Alerts PLUS member to learn from the pros how to invest wisely
and build a customized portolio of blue chip stocks.
Uncover New Investment Opportunities With Our Team of Experts
Jim Cramer and his army of Wall Street pros serve up new trading ideas and in-depth market analysis every day.
More from Video
Tax Tip: Work In Your Fuzzy Slippers? Consider The Home Office Deduction
If you're fortunate enough to work from home in your fuzzy slippers (wait until you see mine!), consider taking the home office deduction on your tax return this year. Watch our video to see if you qualify!
ICYMI: U.S. China Trade Deal Could Be Huge For Chip Stocks, WMT E-commerce Surge
Nvidia, AMD and Intel could be beneficiaries of a trade deal between the world's two largest economies.
Behind the Calculator: How Texas Instruments Built its Empire
Watch the video timeline for the history of TXN - everything from semiconductors to calculators.
How a Series of Setbacks led to the Wendy's Empire
Watch the video timeline the fast-food giant Wendy's and its founder Dave Thomas.
Shark Tank's Kevin O'Leary Says You Should Own Things That Generate Cash Flow
"You want to be in quality in 2019. That's what I'm doing," says Leary.