Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with a report from NASAA finding that the SEC’s Regulation Best Interest rule that took effect on June 30, 2020, has so far failed to achieve its stated goals of requiring broker-dealers to act in their clients’ best interests […]
Archives for 2021
Raymond James, Janney Montgomery Scott, plus investing in Black and Latino communities, Hightower’s new offices and more
Editor’s Column: A Financial Planning life well lived
I was saddened this week, as I’m sure many of you were, to learn of the untimely death of veteran Financial Planner Carolyn Gowen at the relatively young age of 58, just a few months after she retired. I did not know Carolyn, one of the founders of Bloomsbury Wealth, very well but we did […]
How a change to the SALT cap would affect taxpayers by state
Wealth Enhancement Group got multibillion-dollar valuation in PE deal
FCA fines award winning firm over £600k
The FCA has fined award-winning firm Sunrise Brokers LLP £642,000 for ‘seriously deficient’ anti money laundering systems and controls. The regulator says it is the second case it has brought related to cum-ex trading, dividend arbitrage and withholding tax (WHT) reclaim schemes. Sunrise Brokers, an inter-dealer broker based in central London and with offices in […]
IWP adds £360m in assets with double acquisition
Independent Wealth Planners (IWP), the rapidly expanding Financial Planning-focused advisory group, has acquired two more firms to add £362m in assets. IWP has acquired Alex M Grant based in Keith, north east Scotland, and Custodian Wealth Management based in Surrey. {loadposition hidden2} Alex M Grant joins IWP’s regional arm for Aberdeenshire, Buchanan and Associates and brings […]
Aegon reduces platform outflows to £53m
Aegon’s UK adviser platform has reduced its outflows to £53m for the third quarter – down 87% from the same quarter last year when it saw £420m in outflows. The figure is also an improvement on the previous quarter which saw net outflows of £78m. Aegon has also been working hard to cut costs in line […]
U.S. wealth management growth pushes CI Financial to record Q3 earnings
3 Tips for Working Smarter and Gaining Personal Time
You’ve probably heard the maxim that it’s better to work smarter than harder. Working smarter means allocating your time, energy and money so vital tasks get done more efficiently, freeing up your personal time. Don’t miss the change to learn the 3 tips for working smarter now. Too many business owners think they must keep […]