While there is a plethora of ways that financial advisory firm owners can build and run their practices (from service models to specialties to fee structures and beyond), one of the most complex activities shared by many growing firms are those that involve hiring, training, managing, and retaining employees. And with the increasing shift to […]
Archives for 2024
One year after Secure 2.0, retirement race gap remains stubborn
White Americans still have twice as much retirement wealth as savers of color, research shows. Here’s what experts recommend to shrink the gap.
Morgan Stanley hopes E-Trade Super Bowl commercial will top off wealth management funnel
The online brokerage sees its popular talking babies ads as a way to get tens of millions of viewers to think about how they might put their money to better use.
Weekend Reading For Financial Planners (February 10-11)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a recent survey sponsored by CFP Board demonstrates the upsides of a career in financial planning, from a median salary of nearly $200,000 to flexible work schedules and a strong sense of purpose among advisors. […]
Trilogy Investment Company promotes accounting director to controller and VP – Atlanta Agent magazine
Trilogy Investment Company promotes accounting director to controller and VP Atlanta Agent magazine
Employer tax credit crackdown could hit industry — if it passes
A provision paying for breaks for parents and business owners has earned widespread praise, but an expert says financial advisors should be on alert.
On the move: PBO Advisory Group names next CEO – Accounting Today
On the move: PBO Advisory Group names next CEO Accounting Today
Editor’s Comment: Say hello to blended retirement
There is no doubt in my mind that retirement planning is changing in unexpected ways. Whether it is changing for good or just adapting to a post-Covid, high cost of living world remains to be seen. A number of studies this week, including the PLSA’s substantial uprating of the income needed in retirement for […]
FCA cuts investment fraud losses with internet crackdown
The FCA says a crackdown on illegal investment advertising on the internet helped cut investment fraud in 2023 with overall losses down 40%. The FCA said by working closer with internet firms it had turned the tide, with Google’s change of policy on investment promotion alone leading to a “100% reduction in illegal paid-for […]
Nucleus buys white label platform firm
Adviser platform Nucleus has signed a deal to acquire Third Financial, a provider of white label investment platforms and software. Nucleus says the acquisition, for an undisclosed sum, will increase Nucleus Assets Under Advice to around £90bn. The acquisition will also give Nucleus the ability to offer ‘adviser-as-a-platform’ services, enabling adviser firms to offer their […]