A multitrillion-dollar beast is prowling Wall Street, making huge market moves that few can see coming — and it’s getting bigger. Known as model portfolio investing, it’s a booming corner of money management in which the likes of BlackRock, Vanguard and Charles Schwab bundle funds into ready-made strategies. It has been around for years, but […]
Archives for August 2020
Financial planning for free? What Charles Schwab’s latest offering entails
With the launch of a new digital offering, Charles Schwab is encouraging clients to start building financial plans — on their own. Schwab’s free tool will generate customized financial plans for clients in as little as 15 minutes, according to the company. The offering has no minimum asset requirement. “We know that not enough people […]
Weekend Reading for Financial Planners (August 22-23)
Executive Summary Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the big industry news that Schwab is launching a free MoneyGuide-like financial planning software solution for all of their (retail) clients to use, emphasizing both Schwab’s own increasing focus on financial planning as part of its […]
Building entrepreneurial accountants and partners during coronavirus – Accounting Today
Sometimes the best changes come because we are forced into them. For example, the pandemic has made many accounting practitioners more aware of limitations — and the value that can come from changing to better manage the stresses and unknowns of current working conditions. Firms managing well through COVID-19 have found ways to become more […]
Have made progress in tackling hate speech, need to do more: FB India MD
Facebook denounced hate and bigotry on its platform and acknowledged it has “to do more,” while maintaining that it has been an open, transparent and non-partisan site for people to express themselves freely. “We’ve made progress in tackling hate speech on our platform, but we need to do more,” Ajit Mohan, managing director of Facebook […]
Researchers Sound Alarm Over Malicious AWS Community AMIs
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The Comeback on Main Street
The brand new episode of my podcast, The Compound Show, just went live this morning. You can listen below or on your favorite podcast app here! Play it on: APPLE GOOGLE SPOTIFY This week I have the President and CEO of STORE Capital on to talk about the comeback on Main Street. Chris Volk is […]
SFO charges 3 – including former IFA – after fund probe
The Serious Fraud Office has charged three men, including ex-IFA David Kennedy, with multiple offences following a long-running investigation into the collapse of the £120m Axiom Legal Financing Fund. Timothy Schools, David Kennedy and Richard Emmett have all been charged with carrying out a fraudulent scheme to divert money from the Axiom Legal Financing Fund […]
Video interview tips for forensic accountants and auditors
Social distancing practices implemented to slow the spread of COVID-19 have required the use of remote interviews in many situations, including forensic accounting investigations and financial audits. Given the importance of being able to evaluate nonverbal cues and establish rapport with the interviewee, forensic accountants, auditors, and other CPAs may be wary of conducting interviews […]
Pension industry voices concern about RPI axe threat
The Pensions and Lifetime Savings Association – the trade body that represents 1,300 pension schemes with 20m members – has joined the chorus of concern about the Government’s potential axing of the Retail Prices Index (RPI), the measure used to decide many annual pension increases. The PLSA says that merging the RPI with the Consumer […]