Wealth management trade body PIMFA has published a guide to online fraud prevention for member firms as concerns grow about a rising number of internet scams. The launch comes as PIMFA joins 16 other organisations, including Which?, City of London Police, The Investment Association and the ABI in calling for legislation to tackle the growing […]
Archives for May 2021
Two thirds advisers investing more client money in ESG funds
Two thirds of financial advisers are investing more of their clients’ money in dedicated ESG propositions in comparison to a year ago, according to a new report. Just 1% of advisers said they are choosing to invest less into ESG options, according to the 2020 Financial Adviser survey report from FE fundinfo. Almost three quarters […]
What you missed in wealth management: May 3 – 7
A $900m UBS team left for RBC; Raymond James asset-management subsidiary Carillon Tower Advisers hired a new president; Dynasty Financial Partners will begin taking minority stakes in RIAs in its network; and Beacon Pointe made its seventh acquisition so far this year. Plus: academic research, financial literacy surveys, and other career moves around the industry.
My appearance on the Ryen Russillo Podcast!
Check me out on the Ryen Russillo Podcast, I’m the second half of it doing some financial life advice for Ryen’s listeners. I’m a huge fan of everything on the Ringer Network so this was a lot of fun to do. Hope you enjoy listening to it as much as I enjoyed recording it!
CDC can consider lifting indoor Covid mask mandates now, former FDA chief says
Dr. Scott Gottlieb said that the Centers for Disease Control and Prevention can start to consider lifting indoor mask mandates now, as more and more Americans are vaccinated. “I think we should start lifting these restrictions as aggressively as we put them in,” said Gottlieb. “We need to preserve the credibility of public health officials […]
AICPA seeks exemption for CPA firms from expected beneficial ownership registry
The AICPA is requesting that all licensed or registered CPA firms be exempted from forthcoming rules that require beneficial ownership information to be reported by small businesses to the Financial Crimes Enforcement Network (FinCEN). In a comment letter to FinCEN, the AICPA says FinCEN should provide CPA firms with a blanket exemption to the requirement […]
Critical Cisco SD-WAN, HyperFlex Bugs Threaten Corporate Networks
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Tossing Your Business Bank Statements in the Trash? Get to Know Them Instead
If you have a business bank account, you should regularly receive a paper or electronic statement. These business bank statements provide valuable information for managing your business finances. So if you’re tossing your unopened business bank account statements in a drawer or—worse—the trash, this one’s for you. Read on to learn what is a bank […]
SBA unveils initial Restaurant Revitalization Fund results
More than 186,000 restaurants, bars, and other food and beverage businesses applied for assistance from the $28.6 billion Restaurant Revitalization Fund (RRF) during the first two days after the program’s application window opened May 3. The U.S. Small Business Administration (SBA), which operates the RRF, reported that it received: 186,200 applications from restaurants, bars, and […]
Kitces & Carl Ep 59: The Time-Finding Trap – How Do You Find The Time To Get More Time Efficient?
Executive Summary Over the past several years, the ever-expanding technological landscape has given financial advisors a plethora of tools that they can use to expand their reach, market their services, communicate with and serve their clients, and manage and grow their businesses. Yet, those same technological tools that have been so useful for advisors (i.e., […]