Welcome back to the 264th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Dan Callahan. Dan is a Partner and the Chief Investment Officer at Capasso Planning Partners, a rapidly growing independent RIA based in Charleston, South Carolina that oversees about $250 million of assets under management for 300 client […]
Archives for January 2022
FCA cracks down on post-Brexit temporary permissions
The Financial Conduct Authority (FCA) has issued a warning to European firms temporarily operating in the UK. The regulator has cancelled temporary permissions of four European firms. It said that the firms did not respond to mandatory information requests, despite being given multiple opportunities. The four firms were Arumpro Capital Limited, Esfera Capital Agencia de […]
FCA cracks down on post-Brexit temporary permissions
The Financial Conduct Authority (FCA) has issued a warning to European firms temporarily operating in the UK. The regulator has cancelled temporary permissions of four European firms. It said that the firms did not respond to mandatory information requests, despite being given multiple opportunities. The four firms were Arumpro Capital Limited, Esfera Capital Agencia de […]
Zurich launches standalone critical illness cover
Zurich has launched standalone critical illness insurance to support those who want coverage separate from life insurance cover. The cover will be available at a ‘core’ or ‘select’ level. Children’s cover, multi-facture cover, total permanent disability and waiver of premium can be added as optional extras via Zurich’s life protection platform. Standalone critical illness cover can […]
Retiring early to lie flat? Keep an eye on inflation
Bundling Financial Planning To Recurring Advice Fees For Long-Term Profitability
Providing financial planning services takes time. A lot of time. In fact, according to a recent Kitces Research study, the average advisory firm spends 10 hours just constructing a financial plan, and more than 30 hours across the firm servicing a client throughout the first year to gather data, analyze and produce a financial plan, […]
Bundling Financial Planning To Recurring Advice Fees For Long-Term Profitability
Providing financial planning services takes time. A lot of time. In fact, according to a recent Kitces Research study, the average advisory firm spends 10 hours just constructing a financial plan, and more than 30 hours across the firm servicing a client throughout the first year to gather data, analyze and produce a financial plan, […]
Succession Wealth acquires £1.4bn Financial Planning firm
Acquisitive wealth manager and Financial Planner Succession Wealth has acquired Pannells Financial Planning, for an undisclosed sum. Pannells currently manages over £1.4bn in client assets. The Financial Planning firm was founded in 1989 and has seven offices in England and Scotland. The acquisition is subject to regulatory approval. The deal takes Succession Wealth’s private client […]
PFS to focus on intergenerational wealth transfer in 2022
The Personal Finance Society (PFS) is to focus on the challenges posed by intergenerational wealth transfer as it returns to a full programme of face-to-face events in 2022. The PFS said it will also “explore and evolve” its training programmes to consider who best to promote the value of financial advice to a changing demographic. […]
Pensions consolidation on the rise
A third of Financial Planners have reported an increase in demand for pension consolidation advice over the past year, according to a new report. Two thirds (63%) of advisers said consolidation would be one of the main drivers for growth in the SIPP market for the next five years. The same number of advisers that […]