[embedded content] Subscribe to the channel here, you’ll get the new episodes immediately! Welcome to Big Trends Monthly with Josh Brown and JC Parets of All Star Charts. We’re breaking down the latest monthly closing candlestick charts to reveal the most meaningful market moves around the world. – The S&P 500 finished July well above […]
Archives for August 2020
Raymond James gains 5 ex-Merrill Lynch advisors who managed $515M
Raymond James snapped up five former Merrill Lynch advisors who managed a collective $515 million in client assets, according to the firm. All five cited Raymond James’ technology platform as motivation for making the career change. Four of the advisors make up Evergreen Financial Partners and staff a new Raymond James office in Burlington, Massachusetts. […]
Proposed rules govern carried interests
The IRS issued proposed regulations (REGS-107213-18) on the tax treatment of carried interests. Carried interests are ownership interests in a partnership that share in the partnership’s net profits. They are often transferred in connection with the performance of substantial services by an individual. Proceeds from that individual’s partnership interest are often taxed as capital gain rather […]
Trump says he does not mind if Microsoft buys TikTok
U.S. President Donald Trump said on Monday he does not mind if Microsoft buys the Chinese-owned short-video app TikTok, but any purchase by an American company would have to be done by a Sept. 15 deadline. The Republican president, who last week threatened to ban TikTok over national security concerns, said he had a great […]
ICICI, Yes Bank ask BharatPe to stop taking deposits in their names
Private lenders ICICI Bank and Yes Bank have asked homegrown payments startup BharatPe to stop using their names to collect deposits from merchants under its ‘interest income’ feature amid tightening scrutiny by the Reserve Bank of India in regulating the country’s burgeoning digital payments ecosystem. The ‘deposit’ feature on BharatPe application, which went live in […]
Art of Accounting: More advice for new accountants – Accounting Today
Most new accountants start in a pretty standard way. It doesn’t matter so much how smart you are or how well you did in school; the firm still needs to train you and get a feeling for your ability. If you are good, then at some point you will break away from the normal progression […]
ETtech Top 5: Microsoft eyes TikTok US, Tribe Capital’s India plans & more
Microsoft has confirmed that it is in talks with China’s ByteDance to acquire the US arm of its popular short-video app TikTok. Meanwhile, Silicon Valley-based Tribe Capital, which was founded by former executives of Chamath Palihapitiya’s buzzy venture capital fund Social Capital, will look at India actively as one their key markets outside of the […]
11 Best Startup Ideas with low investment
Best Startup Ideas – A success of any startup ideas depends upon a unique and innovative business idea. Everyone dreams of starting own startup and becoming successful. But most of the people face a challenge in making the selection of a good startup idea. If you are one of them and looking for good startup […]
The Latest In Financial #AdvisorTech (August 2020)
Executive Summary Welcome to the August 2020 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month’s edition welcomes new co-author (and AdvisorTech guru) Craig Iskowitz, and kicks off […]
Walker Crips reports pre-tax profit up 97%
Walker Crips, the investment management firm with a Financial Planning-focused wealth management division, has reported full year profits for the year ended 31 March up 97% to £963,000. Despite the growth the company has scrapped its final dividend (2019: 0.33 pence) “in view of the pandemic headwinds.” The company provides investment management and wealth management […]