Archives for 2021
Business Update – 22 December 2021
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. This is the last weekly digest for the year. We hope you have a relaxing holiday break and we’ll be back with more updates in the New Year. Government Rules Out Lockdowns Despite […]
Addressing Financial Advisor Anxiety To Help Prospects Overcome Their Fear Of Judgment
Fear of judgment is an emotion that creates anxiety for many people. For example, seeing a doctor can be stressful for people who fear they will be judged for the current state of their health (or for their health choices and behaviors). This anxiety can lead people to avoid going to a doctor altogether, even […]
Wealthy are most likely to be scam victims
New research suggests that wealthier investors are the most likely to be victims of financial scams with 49% of those with assets of £250,000 or more saying they have been victims. Those with assets of more than £2m are almost twice as likely to say they have been scammed than those with assets under £500,000. […]
PRA fines Metro Bank £5.3m for governance failings
The Prudential Regulation Authority has fined Metro Bank £5.376m for governance failings. It’s the second fine for governance failings announced by the PRA this week after it fined Standard Chartered Bank £46.5m on Monday for failing to be “open and cooperative” and for failings in governance. The PRA says Metro Bank failed to “act with […]
FNZ sells GBST platform to private equity firm
Platform engine provider FNZ has today sold off its acquired rival GBST to a private equity firm after the Competition and Markets Authority (CMA) blocked FNZ’s acquisition of GBST. In June the CMA ordered FNZ to sell off GBST’s platform arm after concluding that the £150m merger of FNZ and GBST risked reducing competition in […]
A Comparison of Accrual vs. Cash-basis Accounting
Business owners have a lot of decisions to make, especially in the beginning. One of the most important decisions is how to handle bookkeeping for your business. There are three methods of accounting to choose from: Cash-basis, modified cash-basis, and accrual accounting. The two methods that differ the most are accrual and cash-basis accounting. Modified […]
FCA approves £280m Charles Stanley takeover
The FCA has today approved the £280m takeover of wealth manager Charles Stanley by rival wealth firm Raymond James. The takeover deal had to be pushed back a month due to delays in securing FCA approval. The deal was originally expected to be completed this month but the takeover will now take place on 21 January, subject to […]
FCA approves £280m Charles Stanley takeover
The FCA has today approved the £280m takeover of wealth manager Charles Stanley by rival wealth firm Raymond James. The takeover deal had to be pushed back a month due to delays in securing FCA approval. The deal was originally expected to be completed this month but the takeover will now take place on 21 January, subject to […]
#FA Success Ep 260: Breaking Bread Together To Build New Client Relationships As Their Financial Chef, With David Ortiz
Welcome back to the 260th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is David Ortiz. David is the founder of Financial Chef, an independent RIA operating as a lifestyle practice, serving clients in southern Florida. What’s unique about David, though, is the way he combines his experience as a classically […]