Financial Planner Schroders Personal Wealth has recruited Ben Waterhouse from Barclays Wealth to be its new chief client officer. Mr Waterhouse will be responsible for the firm’s growth strategy in regions across the UK and will also aim to improve and deliver SPW’s advice proposition to clients, SPW says. He joins from Barclays Wealth where […]
Archives for January 2022
M&G gets green light for Sandringham takeover
Fund and wealth management group M&G has received the regulatory go ahead for its acquisition of financial adviser firm Sandringham Financial Partners. The deal will spur M&G’s ambitions to become a major wealth manager as well as an established investment manager. The deal, first announced in August, will add £2.5bn of assets under advice to M&G […]
Asset managers accused of ‘woke-washing’ ahead of 2022 proxy fights
Let’s Get Down to Brass Tacks. How Does Accounting Software Work?
The fact is, business owners should know a little about accounting. And yes, hiring an accounting professional is a tremendous help. But, what about the day-to-day cash flow of your business? What about invoicing, bill payments, data entry, and other accounting tasks? That’s where accounting software can help. So, how does accounting software work? How […]
The biggest mistakes I made in my bookkeeping business
Starting a bookkeeping business is fulfilling, but it’s not without challenges. A lot goes into building a bookkeeping business from the ground up, and there are sure to be some missteps. The good news is that you don’t have to make the same mistakes I did. That’s why I’m sharing the biggest mistakes I made […]
LIBOR submissions ended
The publication of 24 LIBOR settings has ended with a change in methodology coming into force for the six remaining Euro and Swiss Franc settings. The benchmark rate was widely used in banking and financial markets, including the mortgage market. It was also used in interest rate derivatives, bonds and securitisations, loans and other products. […]
Mattioli Woods client assets pass £15bn
Client assets at wealth manager and SIPP provider Mattioli Woods rose 42% to £15.1bn over the six months ending 30 November 2021. Gross discretionary assets under management rose 55% over the half to £5.1bn. The wealth manager and SIPP provider released a trading update in advance of its interim results which are to be announced […]
Credit Card Rewards Strategies: How To Maximize Benefits And Add Client Value
Credit cards are ubiquitous in the United States, and financial advisory clients are likely to have at least one in their wallet. And while many consumers may know about the rewards they earn on the credit cards they hold, they might not be aware of the opportunities that maximizing their rewards could offer. In fact, […]
Kingswood pays £500,000 to director-owned firms
The parent company of wealth management and Financial Planning firm Kingswood spent over £500,000 with companies owned by its directors in 2018/19. Kingswood Holdings released information on related party transactions on New Years Eve. The firm entered into a number of transactions with Moor Park Capital Partners LLP, Kingswood LLP and KPI (Nominees) Ltd in […]
Why avoiding your bookkeeping is a bad idea
If you ask 100 business owners what they like least about running a business, chances are good that bookkeeping will rank high on the list. It’s an annoying and frustrating chore that takes up a lot of time and is easy to put off until tomorrow. Avoiding your bookkeeping is a bad idea, and we’re […]