Archives for 2021
How to rebrand your advisory firm for a more modern approach
SIPP provider Forthplus goes into administration
Edinburgh-based SIPP operator Forthplus Pensions has gone into administration following a string of complaints to the Ombudsman about the firm’s due diligence. Yesterday the directors appointed insolvency practitioners Leonard Curtis Business Solutions Group as joint administrators. Forthplus was unable to meet its FCA-mandated capital adequacy requirements and the board of the company recognised it was no […]
Adjusting Monte Carlo Success Thresholds By Tolerance For Spending Volatility
Monte Carlo simulations are an important part of an advisor’s toolbox when constructing a client’s financial plan, as they demonstrate the wide range of potential outcomes that a retiree might experience. These simulations inform the retiree of how much they can spend in the short-term to avoid plan failure in the future, and they also […]
SEC GameStop report debunks conspiracies, backs Gensler plan
Voice: The new ProShares Bitcoin ETF has a unique set of risks
What Is Sunk Cost, and How Does it Impact Your Business?
Running a business means spending money. And, starting a business means spending money before you begin earning money. That’s where the saying, “You have to spend money to make money,” comes from, after all. The idea of spending money to earn money comes into play with sunk costs. So, what is a sunk cost? Sunk […]
#FA Success Ep 251: Accelerating Inbound Referrals By Planting Better Seeds With More (Radical) Relevance, With Bill Cates
Welcome back to the 251st episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Bill Cates. Bill is the founder of Referral Coach International, which helps financial advisors attract more of their ideal clients through referrals. What’s unique about Bill, though, is that he teaches his financial advisors clients how to […]
Three-quarters advisers changed processes post-Woodford
Three-quarters of advisers have changed their investment process behaviors as a result of the collapse of Woodford Investment Management. Almost 6 in 10 of advisers surveyed had at some point recommended clients invest in the Woodford Equity Income fund. Of these, 84% had clients who were impacted by the fund’s suspension in June 2019. The […]
Three-quarters advisers changed processes post-Woodford
Three-quarters of advisers have changed their investment process behaviors as a result of the collapse of Woodford Investment Management. Almost 6 in 10 of advisers surveyed had at some point recommended clients invest in the Woodford Equity Income fund. Of these, 84% had clients who were impacted by the fund’s suspension in June 2019. The […]