To celebrate Mental Health Month in 2023, let’s dig a little bit deeper. Thankfully, the nation has been waking up to the persistent and widespread nature of mental health issues, as well as their seriousness. While events like R U OK? Day and Mental Health Month are fantastic initiatives, which we certainly urge you to […]
Archives for 2023
The $16T pool: Most retail AUM is at 10 firms, report finds
A new Cerulli report found that the 10 largest broker-dealers hold 58% of retail AUM, in the wake of rapid consolidation among the top 25 BDs.
IRS announces relief for taxpayers affected by attacks in Israel
Qualifying individuals and businesses have until Oct. 7, 2024, to file certain federal returns, make tax payments, and perform other time-sensitive, tax-related actions, according to an IRS notice.
Getting the story right on accounting – Accounting Today
Getting the story right on accounting Accounting Today
Accelerating Growth By Marketing How Your Advisory Firm Is Different (Instead Of Better)
Consumers have a wide range of options when it comes to choosing a provider of financial advice, from larger wirehouses and asset managers to smaller Registered Investment Advisers (RIAs). Given that larger firms tend to have more substantial marketing budgets to attract clients, smaller firms and their advisors have had to look for alternative ways […]
Wells Fargo wealth profits fall 17% in Q3 earnings
CEO Charlie Scharf said the bank’s troubled wealth unit had ‘treaded water’ for a while, but showed signs of recovery as client assets and fee income grew.
IRS to modernize regs. for tax sales of seized property
Proposed regulations would update existing procedures to reflect online and other electronic forms of bidding and payment.
Retire Early, Live Slow: Navigating the Transition to a Leisurely Lifestyle
The traditional view of what retirement should be is quickly fading in the rearview mirror as Gen X and Baby Boomers are flipping the script on what your post-career lifestyle can look like. An increasing percentage of pre-retirees are now planning to retire early (at age 62 or earlier), and it’s becoming more common to […]
Weekend Reading For Financial Planners (October 14-15)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with a new study from Herbers & Company that provides insight into the financial planning services that consumers demand the most, and which services financial advisory firms offer the most often. The study also identified factors that separated firms […]
Editor’s Comment: Time for a stiff Scotch for SJP investors
Investors in St James’s Place can be forgiven for reaching for a stiff Scotch this evening – it’s been one hell of a day. At one point today the company’s share price was down by 21% today to 640p, rallying slightly at the end to close down 18.5%. This year to date the share price […]