Archives for October 2022
Reaction as Prime Minister Liz Truss resigns
Prime minister Liz Truss resigned at lunchtime today. In a statement in front of No.10 Downing Street at just after 1.30pm, she said she was unable to take her mandate forward and was standing down. Ms Truss was elected six weeks ago but was beset by criticism, particularly of the disastrous mini-Budget presented by former Chancellor […]
Reaction as Prime Minister Liz Truss resigns
Prime minister Liz Truss resigned at lunchtime today. In a statement in front of No.10 Downing Street at just after 1.30pm, she said she was unable to take her mandate forward and was standing down. Ms Truss was elected six weeks ago but was beset by criticism, particularly of the disastrous mini-Budget presented by former Chancellor […]
Kitces & Carl Ep 97: Talking Clients Down From Making Politically Motivated Portfolio Changes
In recent years, politically charged topics have become the forefront of news and media, and with the rise of access to digitally distributed media, it has become commonplace for clients to have concerns about the possible impact of political events on their portfolios. These concerns have compelled many clients to reach out to their advisors, […]
Kitces & Carl Ep 97: Talking Clients Down From Making Politically Motivated Portfolio Changes
In recent years, politically charged topics have become the forefront of news and media, and with the rise of access to digitally distributed media, it has become commonplace for clients to have concerns about the possible impact of political events on their portfolios. These concerns have compelled many clients to reach out to their advisors, […]
How Vinod Shah & Co is embracing cloud accounting to reach their paperless goal
Accounting has been revolutionised many times over with the emergence of new technology. From calculators to Excel spreadsheets, accountants wouldn’t have gotten far if they weren’t willing to adapt for the good of their practices and their clients. For Ravi Shah, partner at Vinod Shah & Co, change is being embraced in a practice that […]
The IRS is making it easier to file your crypto taxes
Schroders Personal Wealth hires new CTO
Schroders Personal Wealth, the joint venture Financial Planning arm of Schroders and Lloyds Bank, has appointed Graham Bastin as its new chief technology officer (CTO). He joins the company from Barclays Bank. Mr Bastin has over 30 years’ experience in the technology industry, mostly in ‘digital transformation’ in financial services. At Barclays Bank had had […]
Cost of living pressures hit Quilter inflows
Wealth manager and Financial Planner Quilter has been hit by a sharp fall in inflows in Q3, blaming the decline partly on cost of living pressures hitting clients. Net inflows dropped by £800m during the quarter year on year. The firm said net inflows fell substantially to £0.2 billion for Q3 (2021: £1bn) versus £0.3 […]
How To Register Your RIA: State Vs SEC Registration And When Notice Filing Is Required
In the United States, Registered Investment Advisers (RIAs) are required to register in one of 2 ways: with the Federal government (namely the SEC) or with one or more state securities regulatory agencies. While SEC-registered RIAs are governed by the Investment Advisers Act of 1940 (and its associated regulations), state-registered RIAs are subject to the […]