Top performance from a leading active manager typically comes at a price. For the funds in this ranking, however, it may be hard to justify not paying the premium. Sector weighting played a big role in the outsized gains produced by the 20 active ETFs with the biggest three-year annualized returns, Morningstar Direct data show. […]
Archives for 2021
New Pension Schemes Act becomes law
The Pension Schemes Act received Royal Assent today creating new laws covering areas including defined benefit scheme protections, pensions dashboards and climate change. With Royal Assent granted, after two year the Pension Schemes Bill has finally become law bringing into force a raft of new measures. According to pensions minister Guy Opperman, the measures are […]
Kitces & Carl Ep 53: Using Financial Plan Proposals To Show Planning Value To Prospective Clients
Executive Summary The evolution of advisor technology in recent decades has made it easier and easier for financial advisors to build (and manage) systematized model portfolios for a large number of clients. The good news of this shift is that it has greatly facilitated the scalability of advisory firms. The bad news, though, is that […]
ISN generation vulnerabilities found in nine of eleven TCP/IP stacks, says Forescout Research Labs
Forescout researchers have discovered vulnerabilities in multiple TCP/IP stacks in which ISNs (Initial Sequence Numbers within TCP connections) are improperly generated. This is leaving devices’ TCP connections open to attacks. In a recent assessment, Forescout researchers analysed 11 total stacks: uIP, FNET, picoTCP, Nut/Net, lwIP, cycloneTCP, uC/TCP-IP, MPLAB Net, TI-NDKTCPIP, Nanostack, and Nucleus NET. Improperly […]
SBA announces PPP process changes
The U.S. Small Business Administration (SBA) announced changes Wednesday designed to reduce delays in the Paycheck Protection Program (PPP) approval process. Millions of small businesses have applied for PPP forgivable loans since it reopened Jan. 11 with $284 billion in fresh funding. A significant percentage of those applications has been held up by process and […]
FASB approves private company and NFP goodwill triggering event alternative
FASB responded to an urgent pandemic-related accounting concern Wednesday by voting to provide private companies and not-for-profits with an alternative to the requirement to monitor and evaluate goodwill impairment triggering events throughout the fiscal year and potentially measure a goodwill impairment at the date of triggering events. FASB voted Wednesday to provide an accounting alternative […]
Advisor Group’s new tech exec shares his strategy for developing next-gen software
As Advisor Group continues to work through its $1.3 billion purchase of Ladenburg Thalmann purchase, a new executive is guiding the independent broker-dealer’s technology strategy. In January, Advisor Group announced it hired Peter Clemson, a 25-year industry veteran who was most recently serving as the CEO of Evati, a robo-advice startup he founded, as its […]
Nursing homes with more minority residents had 3 times as many Covid deaths as those with more Whites, study finds
Derede McAlpin holds a photo of her mother, 92-year-old Sara McAlpin, who was diagnosed with Covid-19 in Rockville, MD. Katherine Frey | The Washington Post | Getty Images Nursing homes with more minority residents reported more than three times as many Covid deaths as those that had more White residents, a large study published Wednesday […]
How the Stock Market Works
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Virtual accounting: How to succeed remotely – Journal of Accountancy
Chad Davis, CPA (Canada), had been successfully working remotely for years when the coronavirus pandemic forced many accounting firms to go fully remote. He and Josh Zweig, CPA (Canada), founded LiveCA, a fully virtual accounting firm in Canada in 2013. Zweig was focused on tax and Davis on technology, so the two meshed well, especially […]