We’re excited to announce our official judging panel for the Xero Awards UK 2024. This year’s panel is made up of Xero leadership, as well as guest judges from the Xero community, including previous Xero Award-winners and industry leaders. They’re taking on the difficult task of selecting our winners for the 12 accountant, bookkeeper and […]
Archives for 2023
Effective Implementation Of A Backdoor Roth Strategy: Detailed Nuances, IRS Form 8606 (And When It’s Even Worth Doing)
There are many tax planning strategies that allow financial advisors to demonstrate the ongoing value they provide to clients in exchange for the fees they charge. Part of this value is understanding the detailed nuances that make a strategy effective and implementing it correctly, avoiding issues with the IRS down the line. For instance, while […]
To boost your advisory brand, answer these 11 questions
Brand is more than logos, color palette and images — it’s a consistent effort that encompasses every client-facing aspect of your practice, says this marketing expert.
AICPA, others call for a one-year extension of BOI report deadline
In a letter to Treasury’s Financial Crimes Enforcement Network, the AICPA says the additional time will give all businesses a fair and reasonable time frame to become aware of the new and complex rule.
Odey Asset Management to wind down
Odey Asset Management – including subsidiaries Brook Asset Management and Odey Wealth – is to close down following sex scandal accusations that engulfed its owner Crispin Odey earlier this year. The company announced today that it will be closing down and fund managers and funds moved to new asset managers. In June the company announced […]
#FA Success Ep 357: Building A High-Tech High-Touch Advisory Firm With The Modern Advisor Tech Stack, With Jon Henderson
Welcome back to the 357th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Jon Henderson. Jon is the Founder and CIO for Echo45 Advisors, an independent RIA based in Walnut Creek, California, that oversees $163 million in assets under management for more than 180 client households. What’s unique about Jon, […]
Brooks Macdonald to cut 55 jobs
Wealth and investment manager Brooks Macdonald is to cut 55 jobs – about 10% of its workforce – as part of cost-cutting measures announced today. The firm said that the job cuts would help reduce staff costs by about £4m per annum. Earlier this month the firm reported net outflows of £70m for its Q1 […]
How to be more efficient in remote leadership
Guest post by Sam O’Brien. Remote working has become the preferred way of working for many businesses. It can be more convenient than working in an office, but it can also bring challenges for management. A remote team can’t be successful without a good leader. We’ll look at the qualities of a great remote team […]
Small biz compliance: legal requirements for businesses
Getting into business is more than just cash flow, bookkeeping, and taxes. There are also a slew of legal requirements you need to be aware of to ensure your business is legally compliant. (The last thing you want is for something to slip through the cracks and then find yourself facing potential legal issues or […]
Third annual Black Wealth Summit highlights paths for building legacies
The event’s theme this year was “creating a culture of accountability,” and speakers aimed to help Black consumers access generational wealth.