For many financial advisors, keeping an open line of communication with clients is a key component of building trust, understanding the client’s values, and developing a meaningful plan to help them reach their financial goals. However, despite efforts to ensure all clients understand the ‘big picture’ of their comprehensive plans, some clients may be tempted […]
Archives for 2023
How small businesses can benefit from getting involved with their local football club
If you’re a small business owner, chances are you’re always on the lookout for new and innovative ways to grow your business. A great way to do so could be right under your nose: on your local football pitch, and you don’t need to buy some football boots or play a full 90 minutes. Football […]
Smaller Social Security COLA to tighten vise on retiree budgets
The Senior Citizens League worries the increase won’t be enough to keep up with rising prices for housing and healthcare.
German ‘edtech’ firm acquires professional body LIBF
Professional body the London Institute of Banking & Finance has been acquired by German educational technology provider IU Group for an undisclosed sum. The London-based body is now a wholly owned UK subsidiary of the International University of Applied Sciences, the university arm of IU. The acquisition was completed on 31 March but only announced today. […]
Why Pre-Commitment Strategies Can Work And 3 Steps To Implement Them With (The Right) Prospects
One common sales tactic for financial advisors is to offer prospective clients a free (or low-cost) financial plan to demonstrate the advisor’s expertise and to let the prospect ‘test drive’ the advisor’s services. However, creating these pre-commitment strategies and plans can take up a significant amount of an advisor’s time and there is no guarantee […]
Where AI wins — and doesn’t — in financial advisor technology
Orion Chief Behavioral Officer Daniel Crosby and other experts explained the stakes and challenges facing advisory practices at FP’s INVEST conference.
New Hargreaves CEO to start work in August
Hargreaves Lansdown’s new CEO Dan Olley will start work on Monday 7 August, the company said today. Mr Olley, a director of HL, will remain on the HL board in a new capacity as an executive director when he takes up his CEO role. Chris Hill will step down as chief executive and from the […]
Generative AI in Accounting Market [USD 9,098 Mn by 2032] – Enterprise Apps Today
Generative AI in Accounting Market [USD 9,098 Mn by 2032] Enterprise Apps Today
#FA Success Ep 337: Becoming An ‘Accidental’ Entrepreneur When Independence Isn’t Chosen But Forced By Circumstance, With Danika Waddell
Welcome back to the 337th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Danika Waddell. Danika is the President and Founder for Xena Financial Planning, a virtual advisory firm that advises 40 client households of women in tech and supports more than $275K of ongoing revenue. What’s unique about Danika’s […]
Bookkeepers: What you need to know about legal entities and owner compensation
Are you ready to take your bookkeeping knowledge to the next level? As bookkeepers, our clients come in an assorted variety of legal entities. Legal entities and owner compensation might not sound like the most exciting topic, but trust me, it’s essential knowledge for any bookkeeper looking to grow, gain confidence, or tackle clean-up projects. […]