Abrdn has appointed a new head for its advice arm with existing CEO Caroline Connellan stepping down after less than a year in the role. Richard Wilson, CEO at Interactive Investor (ii) – which has been acquired by Abrdn for £1.49bn – will take on an expanded role as CEO of Abrdn’s Personal Vector advice […]
Archives for 2022
How 5 advisors are tackling recession news
Keeping It in the Family: How to Start a Family Business
It wouldn’t be an understatement to say that family-owned business is synonymous with American business. Eighty-seven percent of American businesses are family owned. You read that right: 87%. That means that family-owned businesses employ a huge portion of the U.S. workforce—62% to be exact. And to top things off, family-owned businesses make up 64% of […]
5 Reasons why every bookkeeper should stop charging by the hour
When it comes to pricing their services, most new bookkeepers start off with charging their clients by the hour. I certainly did that in the early days of my bookkeeping business too. But one of the best things that I did to grow my business was to move away from hourly billing to pricing all […]
Women’s pension pots half the size of men’s
Women’s pension pots are half the size of a men’s at the point of retirement, according to a new report. Every single industry in the UK has a gender pensions gap, according to analysis of 4.5m pension savers by Legal & General. On average women’s pension pots were £12,000, in comparison to £26,000 for men. The […]
Kitces & Carl Ep 91: Is It Better To Have Clear Goals Or ‘Just’ A Strong Sense Of Direction?
Financial advisors are often innately inclined to set long-term goals and stay on the course to help their clients achieve their goals, as the advisor understands the bigger picture of having a financial roadmap and its benefits. However, when long-term goals in a financial plan are too rigid, many clients may not be naturally inclined […]
Building and leveraging a trusted support network as a business owner
As a small business owner, it’s exceptionally common to become overwhelmed by the reality of an all-consuming professional life. To combat this stress, it’s important to conjure the ability to build a support network around yourself. Here at Reckon, we recently reached out to some of our customers to get a firmer handle on how […]
Building and leveraging a trusted support network as a business owner
As a small business owner, it’s exceptionally common to become overwhelmed by the reality of an all-consuming professional life. To combat this stress, it’s important to conjure the ability to build a support network around yourself. Here at Reckon, we recently reached out to some of our customers to get a firmer handle on how […]
Ameriprise’s recruiting, flows and cash push up profits 16%
Private equity-backed firm acquires Metis Wealth
Hurst Point Group has agreed to acquire Financial Planner and wealth manager Metis Wealth and Metis Asset Management. The deal is subject to regulatory approval. Hurst Point Group was launched in 2019 to manage investments by private equity firm The Carlyle Group in the UK wealth sector. Financial Planner Metis Wealth will become part of […]