With an increasing amount of RIAs setting up shop and other established private financial institutions pressured to stay abreast on the ever-changing industry trends, it can be an ongoing battle for advisors to balance all menial necessities for business survival without losing focus on the client.

Maryland-based registered investment advisor CIC Wealth Management Group is making a concerted effort to target the growing number of wealthy female clients throughout the US.

What are your thoughts on using a diversified hedge fund platform for your alternative investment allocations and what should advisors be considering when choosing various platforms?

The markets seem to be recovering and are almost back to their pre-crisis highs, but I keep hearing now is a good time to add managed futures to my client's portfolio. Why should I consider them now and what benefits do they offer?

Though both male and female millionaires equally emphasize the importance of maintaining their wealth, more women than men agree it takes a considerable amount of effort to manage different aspects of finances, don’t enjoy spending time on investments and are more open to working with an advisor, according to “The Fidelity Millionaire Outlook,” a study recently released by Fidelity.