Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC The shell company E-Waste Corp. on Monday disavowed its own sky-high stock market valuation of $106 million, three days after an identical move by the mysterious corporation that owns just a single small New Jersey deli. The deli company, Hometown International, has multiple connections to E-Waste, which […]
Archives for May 2021
Pershing restructure is ‘first step’ of multi-year service model shift
As custodial consolidation brings advisor service models front and center, BNY Mellon Pershing is in early stages of what will be a multi-year restructuring of its business. The clearing firm said at the end of April that it would merge its bank and trust, broker-dealer and RIA custody units under one division, dubbed Wealth Solutions, […]
As deal volume and size set records, hybrid RIA to acquire $1.6B firm
One of the fastest-growing hybrid RIAs unveiled its third agreement to acquire a billion-dollar firm in the past five months. Private equity-backed Wealth Enhancement Group is acquiring Pillar Pacific Capital Management, an active asset and wealth manager that manages $1.6 billion on behalf of clients from five continents. Wealth Enhancement and the California-based seller announced […]
Disney’s not playing games
Quick break-in to share the just-released “trailer” for Marvel Cinematic Universe phase 4 titles that just hit… Disney’s not playing games with their forthcoming slate. And I am assuming most of this will be hitting the Plus app at the same time as it hits theaters, perhaps at a premium price at first. Disney will […]
Hewlett Packard Enterprise Plugs Critical Bug in Edge Platform Tool
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Secured Loan – Loan Against FD
Under financial crisis applying for loan against fixed deposit is one of the best option. Loan Against Fixed Deposit is also known as secured loan. It is one of the best way to get borrowing. Instead of closing your fixed deposit prematurely you can go for loan against fd. You can get around 90-95% of […]
FASB clarifies accounting for certain call option modifications – Journal of Accountancy
FASB issued a standard Monday that is designed to clarify an issuer’s accounting for certain modifications or exchanges of freestanding equity-classified written call options that remain equity-classified after modification or exchange. Warrants are one example of the type of call option covered by this guidance. The Accounting Standards Update provides guidance on how an issuer […]
FASB clarifies accounting for certain call option modifications
FASB issued a standard Monday that is designed to clarify an issuer’s accounting for certain modifications or exchanges of freestanding equity-classified written call options that remain equity-classified after modification or exchange. Warrants are one example of the type of call option covered by this guidance. The Accounting Standards Update provides guidance on how an issuer […]
Sustainability accounting: ‘The biggest disrupter’ – Accounting Today
As companies find that customers and investors are looking for more and more disclosures of what they are doing about environmental issues, climate change risks, and diversity and racial justice, accounting firms are starting to provide assurance and attestation services around environmental, social and governance reporting to meet that growing demand. While the Big Four […]
The Latest In Financial #AdvisorTech (May 2021)
Executive Summary Welcome to the May 2021 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 kicks off with the big news that Tifin Group has raised […]