Accountants, business owners, and individuals aren’t safe from tax-time stress. One in four Americans say tax season is so stressful and complicated that they procrastinate filing. So whether it’s your first or 31st time filing taxes as a business owner, there are ways to simplify the process. You need a cheatsheet of small business tax […]
Archives for 2024
The Accounting Technology Lab Podcast: Oracle NetSuite Influencer Event 2024 – CPAPracticeAdvisor.com
The Accounting Technology Lab Podcast: Oracle NetSuite Influencer Event 2024 CPAPracticeAdvisor.com
FSCS declares 9 firms in default in 2 months
The FSCS has declared nine financial services firms in default during December and January, including several financial advisers. The compensation body said that the nine firms had gone out of business which means they were unable to meet any claim themselves. Firms on the latest list include SIPP provider Rowanmoor and Niche IFA. Customers with […]
Gensler vows to advance SEC’s rule agenda as election looms
Despite major pushback on various proposed regulations, the chair said he is focused on “getting it right.”
Virgin Money buys out Abrdn JV for £20m
Virgin Money is to buy Abrdn’s 50% stake in their joint venture called Virgin Money Investments. Following the deal Abrdn will continue to provide investment advice for Virgin Money Investments, allowing both firms to utilise their strengths, according to Virgin Money. The joint venture between Virgin Money and Abrdn was launched in 2019. It includes […]
A Proposed Salesperson’s Exemption To The DoL’s Retirement Security Rule?
When an investor is seeking to work with a financial professional, there’s a substantial difference in expectations about the nature of the relationship when the professional being consulted is an advisor versus when they’re a salesperson. In hiring an advisor, the investor is presumably seeking to put their trust and confidence in someone with their […]
Compliance experts look to AI, tech to help with WhatsApp violations
With so many compliance systems on the market, regulators are likely to look askance at firms that don’t embrace them.
Biogen revenue and profit shrink on Aduhelm costs, slumping sales of multiple sclerosis therapies
The results come amid the rollout of Biogen and Eisai’s Leqembi, the first drug found to slow the progression of Alzheimer’s to win FDA approval.
#FA Success Ep 372: Quadrupling Revenue By Restructuring Your Business Model To Reflect Your Entire Value To Clients, With Melody Townsend
Welcome back to the 372nd episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Melody Townsend. Melody is the president of Townsend Financial Planning, an RIA based in Lexington, KY, that oversees $112 million in assets under management for 160 client households. What’s unique about Melody, though, is how after her […]
Leaving Stifel, Alex David to boost Raymond James independent channel
The move brings the 28-year industry veteran from a firm where independent planners make up less than 5% of the advisory headcount to one where they are the majority.