The fintech CEO says advisors can build better trust and stronger client relationships simply by being better at listening.
Archives for 2024
Trust issues: How earning employee trust can pay dividends
While new research reveals that most employers trust their employees, many fall short when it comes to communicating their level of confidence. That lack of clarity can hinder the ability of employees to do their best work.
Decision holding Corporate Transparency Act unconstitutional appealed
The U.S. Justice Department filed an appeal Monday challenging the district court’s decision that the law, which requires businesses to report beneficial ownership information, is unconstitutional.
ADM accounting probe reveals nutrition profits overstated up to 10% – Financial Times
ADM accounting probe reveals nutrition profits overstated up to 10% Financial Times
#FA Success Ep 376: Accelerating Growth To 30 Clients/Month With Affordable Advice(-Only) Services Where Clients Can Keep Control, With Eric Simonson
Welcome back to the 376th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Eric Simonson. Eric is the Founder & CEO of Abundo Wealth, an Advice-Only RIA based in Minneapolis, Minnesota, that oversees $600M in assets under advisement for 420 client households. What’s unique about Eric, though, is that Abundo […]
10 Tax Law Changes You Need to Know to Save Your Business Thousands of Dollars
Now that the new year is here, it’s time to look at 2023 taxes for your business. If you weren’t watching closely, there are a few new wrinkles for the 2023 tax year that you should be aware of, whether you’re doing your taxes yourself or working with a tax professional.
Huddersfield firm fined £900k over BSPS failings
The FCA has fined Huddersfield-based Inspirational Financial Management Ltd (FRN 223511) £897,840 saying it poorly advised people to transfer out of DB pension schemes, including the British Steel Pension Scheme (BSPS). Meanwhile Arthur Cobill, an adviser at IFM, which is in administration, and William Hofstetter, one of its directors, have been banned by the FCA. […]
How Advisors Can Get Client Referrals By Identifying “Active Promoters”
Referrals can play a vital role in the growth of financial advisory firms since finding prospective clients via referral requires virtually no hard-dollar costs, and it takes only a fraction of the time needed for other marketing channels like social media, blogging, and seminars. However, finding reliable sources of referrals can sometimes be challenging for […]
UK mobile app, Xero Go, to be retired
Over a year ago, we launched an early version of Xero Go to see how a purpose built app could help cater for the entry-level accounting needs of the self-employed in the UK. We have spent the last year testing and refining Xero Go and after completing a careful review to understand the future of […]
Single woman seeks wealth management: How to advise independent female clients
Single women are poised to gain trillions of dollars in wealth by the end of the decade. Here’s what financial advisors need to know about working with them.