The Financial Conduct Authority has fined financial data provider Equifax Ltd £11.164m for cyber-security failures which exposed the records of 13.8 consumers. The watchdog said Equifax failed to, “manage and monitor” the security of UK consumer data outsourced to its US parent company. Because of the failures hackers were able to access the personal data […]
Archives for 2023
How advisors can tap into the $113T Hispanic wealth opportunity
Around one-fifth of Americans identify as Hispanic. Experts shared tips on how advisors can engage with their growing pool of wealth.
Advisors contend SEC crackdown on AI recommendations does not compute
Firms and industry groups warn that the regulator’s proposal for reining in robo-advisors and sophisticated investing algorithms would step on their fiduciary duties and Regulation Best Interest.
A Guide To Conducting And Documenting An Annual Compliance Review Under New SEC Amendment
In 2004, the SEC significantly strengthened the compliance responsibilities of investment advisers when Rule 206(4)-7 (also known as the “Compliance Rule”) went into effect, requiring them to adopt and implement written compliance policies and procedures, review such policies and procedures annually, and designate a Chief Compliance Office to administer such policies and procedures. However, this […]
Rugby star Wilkinson joins Financial Planning firm
Former England World Cup rugby hero Jonny Wilkinson has joined fast-growing national Chartered Financial Planning firm Attivo as a ‘lifestyle ambassador.’ He will coach the Attivo team on how to have the best and most open conversations with clients. He will also share video content with Attivo clients to help them explore what matters most […]
Steward Partners to ramp up M&A, aiming for $1B in revenue
The CEO of the 10-year-old hybrid RIA sees opportunity ahead to scoop up smaller practices in a tougher environment for buyers.
From then till now: Harnessing computer expertise to help businesses
Michaela Draper is a solution-focused business analyst based in New Zealand. With decades of project management, process mapping, data analysis, and consulting experience spanning banking, government and the private sector, Michaela is now focused on helping small businesses set up affordable and simple-to-use accounting systems. We recently sat down with Michaela to hear her career […]
#FA Success Ep 354: Making Advisor Transitions Less Scary With Effective Transition Preparation And Support Services, With Grier Rubeling
Welcome everyone! Welcome to the 354th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Grier Rubeling. Grier is the founder of Advisor Transition Services, a consulting firm based in Cary, North Carolina, that helps advisors switch from one broker-dealer or custodian platform to another, often when breaking away from a […]
How to roster your staff effectively
If you’ve got staff on the payroll – especially a revolving roster of casual and part-time staff – rostering effectively is not only essential but could be the difference between your overall business success…or failure. If you don’t get your rostering right, you might have nobody running your business when it counts. But that’s just […]
The single client record is coming: here’s what your practice needs to know
*Please note that while the process remains the same, all references to Xero Tax are applicable to Australia and New Zealand only. One of the most important ways we’re helping you save time and grow your practice is by moving towards a future where Xero Practice Manager (XPM), Xero HQ and Xero Tax will be […]