Welcome back to the 278th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Derek Gregoire. Derek is a co-owner of SHP Financial, an independent RIA based in Plymouth, Massachusetts, that oversees nearly $1.2 billion of total assets for over 1,200 clients. What’s unique about Derek, though, is how he and […]
Archives for April 2022
New Quad-A Chairman Christian Nwasike on building membership, boosting pro athlete partnerships and seeking industry collaboration
Trust company goes into administration
The Philips Trust Corporation Limited – which administered 2,400 trusts – has gone into administration. The Manchester-based firm, which provided corporate trustee and estate-planning services to consumers, went into administration on Friday 22 April. There has been concern about the financial strength of the firm for some time, according to the administrators. The director of […]
Trust company goes into administration
The Philips Trust Corporation Limited – which administered 2,400 trusts – has gone into administration. The Manchester-based firm, which provided corporate trustee and estate-planning services to consumers, went into administration on Friday 22 April. There has been concern about the financial strength of the firm for some time, according to the administrators. The director of […]
7 Lessons Learned After Building A Fee-Only Financial Planning Firm From Scratch
Launching an RIA firm can be a rewarding experience for advisors who desire the independence, flexibility, and control of owning an advisory practice. At the same time, the process of establishing a new business can be daunting, especially when the firm is ‘truly’ starting from scratch with zero clients, revenue, or infrastructure. These challenges, along […]
Weekend Reading For Financial Planners (Apr 23-24)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the CFP Board increased its annual recertification fee by $100 (along with an additional surcharge of up to $19/year for CE credits). Representing the first annual fee increase since 2017, the additional funds will be […]
£4m mini-bond firm Vector Wealth fails
Mini-bond provider Vector Wealth has gone into administration today after an application to the High Court by a director of firm to wind up the business. Sophisticated and high net worth investors are believed to have invested £4m in the firm’s bond. Vector Wealth Ltd is an FCA authorised firm that issued a mini-bond to […]
2 ‘pension liberation’ fraudsters jailed for £13m scam
Two pension trustees have been jailed for their part in a £13m ‘pension liberation’ scam which saw hundreds of savers lose their pension pots following a fraudulent pension transfer. Former photocopier salesman Alan Barratt, 62, of Burnham Road, Althorne, Essex, and Susan Dalton, 66, of Brookdale, Rochdale, Lancashire, were sentenced to prison at Southwark Crown […]
Editor’s Column: Stress testing
Financial Planning clients are, mostly, demanding. They are, in the main, successful, professional people; often business owners or entrepreneurs. They want the best of everything, including the best advice. They are why planners exist but they are also, according to a new PFS survey, a major source of stress for planners. The PFS survey […]
Zero-Trust For All: A Practical Guide
How to use zero-trust architecture effectively in today’s modern cloud-dependent infrastructures.