As a business owner, you juggle a number of tasks, including accounting. You’re responsible for creating journal entries after every transaction. But that’s not all. You also need to know how to post journal entries to the general ledger. Learn how here. General ledger overview Your general ledger is a record used to sort and […]
Archives for 2021
FCA launches High Court battle against DB transfer adviser
The FCA has commenced civil proceeding in the High Court against Paul Steel for providing unsuitable defined benefit pension transfer advice. It has also secured in interim injunction which freezes the assets of both Mr Steel and his partner Ms Foster up to the value of £7m, pending a further hearing. The regulator said Mr […]
#FASuccess Ep 215: Tracking The Client’s (Non-Portfolio) Results To Price Your Financial Planning Retainer Fee, With Shawn Tydlaska
Executive Summary Welcome back to the 215th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Shawn Tydlaska. Shawn is the founder of Ballast Point Financial Planning, an independent RIA based in the San Francisco Bay Area that services over 100 high-income young professionals. What’s unique about Shawn though is the […]
Compassionate Client Service
The last 11 months have made one thing very clear: Behind every struggling business are struggling people. If your entire organization shows compassion for clients, the message that “we are here for you” will have real meaning and create lasting results. Compassion can work Companies focused on compassionate approaches are discovering that it makes a […]
Shorts and longs are NOT enemies!
[embedded content] Peter Boockvar (of Bleakley Advisory and the Boock Report) joins Josh in a wide-ranging discussion about the investment case for silver, the benefits of having short-sellers in the stock market, investment manias throughout history and more. Check out the podcast and find it on your favorite podcast app here: https://thereformedbroker.com/podcast/ The Compound Show […]
8 Ways to Maximize Your Success In Accounting | CoFounder – CoFounder Magazine
Accounting is credited as the only language of Business. So, learning accounting is like learning a new language or new skill. It’s an educational field that requires an explicit combination of theory and practice to become a champion. By ISHA MATHUR The accounting industry has got several varieties of jobs. Public accounting, corporate accounting, and […]
Financial Advisor Fee Trends And The Fee Compression Mirage
Pricing of AUM And Other Compensation Models Used By Financial Planners Has Remained Relatively Stable Over Recent Years Typical Standalone Fees For Financial Planning Average Hourly Financial Planning Fees Typical Financial Advisor Retainer And Subscription Fees AUM Fees AUM Fee Trends Across Different Advisor Segments What Is A Financial Advisor’s Time Really Worth? Key Takeaways […]
Trump lawyers blast Democrats before impeachment trial, deny he incited Capitol riot
US President Donald Trump’s supporters gather outside the Capitol building, January 6, 2021. Probal Rashid | LightRocket | Getty Images Lawyers for Donald Trump on Monday denied that he incited the deadly riot at the U.S. Capitol and accused Democrats of “political opportunism” in a fiery brief submitted a day before Trump’s historic second impeachment […]
Robinhood’s collateral-crunch explanation puzzles Wall Street
A week after Robinhood Markets tried to clear the air by explaining why it slapped controversial limits on trading hot stocks, Wall Street’s risk professionals are still perplexed: How was the firm so ill-prepared for an obvious surge in collateral calls? To the financial industry, anticipating collateral demands from hubs such as the Depository Trust […]
Repeat after me: That sounds stupid, I’m buying some just in case.
These are the only nine words you need to know to invest successfully in the 2020’s decade so far. Non-fungible tokens? Protocol coins? SPACs? Buffer ETFs? Chinese internet stocks? Dogecoin? Meme stocks? Pre-revenue EV startups? Digital baseball cards? NBA video clips on the blockchain? Repeat after me: That sounds stupid, I’m buying some just in […]