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Archives for June 2021
Thrivent’s purpose-driven RIA aims to be ‘household name’ under Carolyn Armitage
Aiming to turn its hybrid arm into a destination for “purpose-driven” advisors, financial services firm Thrivent picked 30-year industry veteran Carolyn Armitage to lead the RIA. Thrivent Advisor Network spans 180 advisors managing $6.5 billion in client assets. It launched in 2019 with 130 former representatives from the fraternal benefit society’s legacy insurance broker-dealer, Thrivent […]
John Woodcock Jr., partner in a Philadelphia accounting firm, dies at 86 – The Philadelphia Inquirer
John Woodcock Jr., 86, an accountant and devoted family man, died Wednesday, June 9, of Parkinson’s disease at White Horse Village, a retirement community in Newtown Square. Mr. Woodcock and his brothers Jim, Bill, and Ron were the children of immigrants — John Woodcock Sr. was from Ireland and Isabella Kerr Woodcock was from Scotland […]
This is bad news how?
The economy is recovering faster than had been expected as recently as this spring. Great reason to panic, apparently. WSJ: Federal Reserve officials signaled they expect to raise interest rates by late 2023, sooner than they anticipated in March, as the economy recovers rapidly from the effects of the pandemic and inflation heats up. Their […]
FASB proposes discount rate relief for nonpublic lessees
FASB proposed changes Wednesday to discount rate guidance for lessees that are nonpublic business entities, with an objective of reducing the costs of implementing the board’s new lease accounting guidance. Private companies, not-for-profits, and employee benefit plans would be among the lessees that could adopt the guidance in the proposed Accounting Standards Update. The proposal […]
Maine’s largest accounting firm names first female CEO – Mainebiz
Portland-based accounting firm BerryDunn on Wednesday announced that Sarah L. Belliveau will succeed John Chandler as CEO and managing principal. She is due to take the reins starting on July 1, becoming the first woman and fourth person overall to lead the firm, a spokesperson told Mainebiz. Belliveau, who currently leads BerryDunn’s not-for-profit practice, was selected after a […]
Brown Shipley appoints ex-Brewin director as chair
Wealth manager and Chartered Financial Planner Brown Shipley has appointed experienced industry professional Kath Cates as chair of its board of directors. The appointment, subject to regulatory approval, will see Ms Cates replaces Rory Tapner, chair of Quintet Private Bank, who was interim chair of Brown Shipley. Ms Cates has more than 30 years’ experience […]
Reimagine your business in 2021: Why you don’t have to be a unicorn to offer innovative digital services
Home › Blogs › Reimagine your business in 2021: Why you don’t have to be a unicorn to offer innovative digital services The telecoms industry has been targeting digital services for many years, looking to serve new and existing customers with additional digital offerings. However, until recently the digital service provider has been a unicorn. […]
Stocks making the biggest moves in the premarket: Oracle, Roblox, Kindred Biosciences & more
Take a look at some of the biggest movers in the premarket: Oracle (ORCL) – Oracle earned $1.54 per share for its latest quarter, beating the consensus estimate of $1.31 a share. The business software company’s revenue topped estimates as well. The company forecast current-quarter profit below consensus, however, as it increases investment in its […]
Peloton Bike+ Bug Gives Hackers Complete Control
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