SIP (Systematic Investment Plan) or Lump sum – Which is the Best way to invest in Mutual Fund? Which investment method would lead to higher returns? A question asked by almost all new investors. We help you find an answer to this eternal debate. SIP was introduced by Franklin Templeton Mutual Fund more than 15 […]
Archives for February 2020
Google in talks with publishers to pay for premium content: Sources
Google is in discussions on deals to pay media organizations for content, a move aimed at blunting criticism that it unfairly profits from copyrighted news, according to people familiar with the talks. Negotiations between the internet giant and news outlets were said to be in the early stages, with most of the publishers located in […]
Facebook allows political candidates to run branded content
Facebook said on Friday it was allowing U.S.-based political candidates to run branded content on its social networking platforms, but the content would not be cataloged in its advertising library. Political campaigns and groups can now use the social media company’s branded content tool, which allows influencers to more clearly tag in an official sub-header […]
Clients can now make IRA contributions at any age. But should they?
Welcome to Retirement Scan, our daily roundup of retirement news your clients may be talking about Clients can now make IRA contributions at any age. But should they?Although the Secure Act scrapped the age limit for IRA contributions, younger clients are better off contributing to traditional IRAs early than later in life to make the […]
AAA announces 2020 Accounting Hall of Fame inductees – Accounting Today
The American Accounting Association has announced that five new members will be inducted into its Accounting Hall of Fame this August during the organization’s Annual Meeting in Atlanta. Started at Ohio State University in 1950, the Accounting Hall of Fame has inducted 101 members since its inception. Bruce Behn, past president of the AAA and […]
PNC ordered to pay $2.4M to former employee in sexual harassment case
A jury ordered PNC Bank to pay a former employee $2.4 million in damages for allegedly failing to take effective action to protect her and other employees from a client’s alleged sexual harassment and misconduct. Former wealth manager Damara Scott said she was leaving the bank lobby in October 2013 when the customer, Patrick Pignatello, […]
After headcount dips, Ameriprise hires $234M father-son team
Ameriprise added a father-son team, helping replenish its advisor ranks after reporting headcount dipped for the fourth quarter. Norman Robbins and his son Michel joined the firm on Jan. 3 in Boca Raton, Florida. They left Cetera Financial Group after less than a year with the firm and now operate within Ameriprise’s employee channel. Norman […]
Spending that counts: Getting your RIA tech budget right
Spending the right amount of money on a tech budget can be tricky. Getting employees to adopt expensive new software can be even harder. That was a key lament from several top advisors who shared tips for budgeting and adopting new tools at an Investments & Wealth Institute conference in New York Feb. 13-14. “I […]
Weekend Reading for Financial Planners (Feb 15-16)
Executive Summary Enjoy the current installment of “weekend reading for financial planners” – this week’s edition kicks off with the ongoing industry drama of the prospective “Schwabitrade” merger, with a new public “Pledge” from Schwab that it will accept all RIAs regardless of AUM and without any custody fees, buzz that Fidelity will soon require […]
One of the best bets I have ever made on a person
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