Art loans function as lines of credit, so clients draw on them and pay them back as they can.
Archives for August 2024
FCA fines PwC £15m for failures on LCF mini-bonds
Accountancy firm PwC has today been fined £15m for failing to alert the FCA to suspected fraudulent activity at £237m failed mini-bond firm London Capital & Finance plc.
FSCS probes failed SSAS-linked DFM firm
The Financial Services Compensation Scheme has opened an investigation into failed DFM and SSAS investment firm Central Markets Investment Management (CMIM) Limited.
37% of adults using ISAs for retirement saving
New research suggests that Individual Savings Accounts (ISAs) are at the heart of many people’s retirement savings strategy.
Extended: £250 of M&S Vouchers to win in our Survey Draw
Our 2024 Financial Planning Today Reader Survey has been extended to 6 pm Sunday by request to give you a little extra time to potentially win a £50 M&S Gift Voucher.
MHA MacIntyre Hudson censured by FCA over audit failures
National accountancy firm MHA MacIntyre Hudson, which has a wealth management arm, has been censured by the FCA for failing to notify the FCA of rule breaches by firms it had audited.
Mental health: The best resources for small businesses in Australia
Running a small business can be so incredibly rewarding. You’re completely in charge of making your dreams come true while not having to answer to a boss and doing something you love day in and day out. But running the show also comes with its own set of challenges and stresses, especially during busy periods […]
Assessing Both Longevity AND Mortality Risk For More Effective Retirement Plans
A common concern many individuals have when contemplating retirement spending is that they may live longer than expected and thus risk outliving their money. This sentiment can lead advisors to build financial plans based on the conservative assumption that clients will live a very long time. Yet, while a longer plan will extend the longevity […]
How Much Do Small Business Owners Make? The Answer May Surprise You
Running a small business takes passion, gumption, and determination. But, becoming a small business owner isn’t a fast track to getting rich. So, how much do small business owners make? How much does a small business owner make a year? Incomes vary because of factors like industry, geographic location, and experience. Being a small business […]
#FASuccess Ep 398: Building A $2.5B AUM Advisory Enterprise Under The Umbrella Of A National CPA Firm, With Eric Wulff
Welcome everyone! Welcome to the 398th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Eric Wulff. Eric is the CEO of Marcum Wealth, an RIA based in Cleveland, Ohio, that oversees $2.5 billion in assets under management for approximately 2,700 client households. What’s unique about Eric, though, is how he […]