Chartered Financial Planner Tom Barnett has been promoted to be managing director of two wealth management and Financial Planning firms with £1bn under management and advice. The firms are wealth manager Craven Street Wealth and sister company Canterbury-based Chartered Financial Planning firm Kreston Reeves Financial Planning. Mr Barnett joined Kreston Reeves in 2007, qualifying as […]
Archives for February 2022
Brooks and 7IM deny £37bn merger plan
Sky News is reporting that wealth manager and Financial Planner Brooks Macdonald is plotting a £300m bid for fund manager 7IM. Both companies, however, have poured cold water on the speculation. Spokesmen for both firms denied to Financial Planning Today that any talks were taking place. {loadposition hidden2} According to a Sky Business News report, Caledonia […]
Business Update – 23 February 2022
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Australia Welcomes Back International Tourists After almost two years, vaccinated international tourists and business travellers began arriving in Australia with few restrictions. Prime Minister Scott Morrison said 1.2 million people had visas to […]
Frank Paré talks diversity, institutional change and those sensitivity training videos
Family offices see next leaders ceding profit in succession rift
‘Ideal’ retirement income is £22,500 a year
The ideal retirement income is £22,500 per annum, according to new consumer research. The over-55s with defined contribution pensions who plan to buy an annuity say £22,500 is their ideal target retirement income. The figures back up recent research by the trade body the PLSA (Pensions and Lifetime Savings Association) on what pension savers consider to […]
One Question Financial Advisors Should Ask To Convert Prospects Into Clients
For financial advisors, one of the main challenges of the initial meeting with a prospective client is demonstrating the value of financial advice – and showing the prospect how they would benefit from becoming a client. But it isn’t always easy for advisors to articulate this value in a way that resonates with the prospect. […]
Envestnet weighs options after getting takeover interest
What Is a Stakeholder in Business?
Whether you know it or not, your business likely has a number of stakeholders. But, what is a stakeholder? Keep reading, and we’ll give you the scoop on the stakeholder definition, types of stakeholders in business, and more. What is a stakeholder? Who are stakeholders, exactly? A stakeholder is an individual or group that has […]
#FA Success Ep 269: Accelerating The Fee-Only Transition By Acquiring A Commission-Based Book Of Business, With Michael Hartman
Welcome back to the 269th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Michael Hartman. Michael is the founder of Hyperion Financial, an independent RIA based in Shillington, Pennsylvania, that oversees almost $60 million in assets under management for 75 client households. What’s unique about Michael, though, is how he […]