Executive Summary Welcome back to the 182nd episode of Financial Advisor Success Podcast! My guest on today’s podcast is Richard Joyner. Richard is a wealth manager and the president of Tolleson Wealth Management, a multi-family office based in Dallas, Texas, that oversees nearly $6.5 billion of assets under management for just 180 affluent families. What’s unique […]
Archives for June 2020
Government makes ‘country of origin’ mandatory for its e-procurement portal
The government is leading the charge to get e-commerce platforms to introduce a ‘Make in India’ filter, by doing so on its own e-procurement portal Government e-marketplace (GeM), a move that it said will boost its Atmanirbhar Bharat and ‘Make in India’ initiatives. On Tuesday, the government’s e-procurement site GeM made it mandatory for sellers […]
Cash is King – Why Small Businesses Should Save Cash on Hand Whenever Possible
If I were to boil down small business success to just one crucial factor, I would say it’s that cash is king. Yet according to a 2016 JPMorgan Chase study, most small businesses only have about a 27-day cash buffer, and the top 25% of small businesses only have about a two-month buffer. That’s more than […]
PPF Calculator in Excel for Maturity, Loan and Partial Withdrawal
PPF (Public Provident Fund) is one of the most popular investment in India and rightly so. It’s safe, backed by Government and gives tax free returns. We have designed this Excel based calculator for PPF Withdrawal, Loan and Maturity which you can download. PPF Calculator Excel This PPF calculator can calculate the maximum loan eligibility, […]
Travel service providers Thomas Cook, Yatra lay off more employees
Travel service providers continue to lay off employees despite a gradual resumption of domestic flights and a phased reopening in some states in the absence of any clear signs of a recovery, particularly in segments like international travel. Thomas Cook has laid off about 1,000 people so far while travel portal Yatra, post the termination […]
Why accurate data and collaboration between business owners and advisors is essential for business survival
Xero App Partner Guest Blog, written by Troy Brown, Founder at XBert. It’s been a few months since the world was thrown into crisis. Some businesses have collapsed and suffered, while others have adapted and transformed. One thing is true for all – business will never be the same. Can businesses not only survive this […]
Apple will let iPhone users change default mail and browser apps, addressing antitrust concerns
Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California, June 22, 2020. Brooks Kraft | Apple, Inc. | via Reuters Apple made two changes to its software on Monday during its WWDC conference that address concerns made by competitors that the […]
How crisis is accelerating change in wealth management
Dasarte Yarnway is the founder of Berknell Financial Group in Princeton, New Jersey. I remember it like it was yesterday. I was a young investment advisor at a large firm. I had landed there after a long stretch applying for jobs in management consulting, technology, sales and elsewhere in finance. The soft echoes of the […]
FASB Q&As address application of taxonomy to pandemic disclosures
FASB issued a staff Q&A document Monday to clarify how to apply the U.S. GAAP Financial Reporting Taxonomy to disclosures related to the effects of the coronavirus pandemic and relief efforts. The staff Q&As discuss how the taxonomy should be applied to: The note to the financial statements specific to COVID-19 information. The disclosure of […]
Proposed regs. explain disallowed transportation fringe benefits
The IRS issued proposed regulations (REG-119307-19) implementing changes to Sec. 274 that disallow a deduction for the expense of any Sec. 132(f) qualified transportation fringe (QTF) provided to an employee, effective for amounts paid or incurred after Dec. 31, 2017. The changes were enacted in the law known as the Tax Cuts and Jobs Act […]