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 […]
Archives for November 2022
PFS Festival – All the award winners
Leeds-based The Private Office has scooped the Personal Finance Society’s Chartered Financial Planning Firm of the Year. The company beat off stiff competition to win the coveted award last night at the PFS Festival of Financial Planning. Actress and comedian Sally Phillips presented the awards during a ceremony at the Festival being held this week […]
How to Catch Up on Your Bookkeeping
Are you worried about catching up on your bookkeeping as the year comes to an end? If it’s any consolation, you are not the only one. You’re supposed to update your books consistently throughout the year, but few small businesses and individuals actually do that. Still, you can catch up in time if you’re smart […]
How a heart attack improved my business
In July 2021 I had a heart attack that nearly killed me! It’s not the first “near death” experienced our family has endured but it was definitely a wake up call for me. The worst part of the 10 days in ICU wasn’t all the invasive testing, nor the uncertainty of what was happening, […]
Avantax’s parent to adopt its name, spin off TaxAct for $720M
‘It ruined everything’: Buy now, pay later drives Gen Z into debt
FCA prosecutes 5 over alleged £1.2m investment fraud
The Financial Conduct Authority is prosecuting five people for involvement in an alleged £1.2m ‘binary options’ investment fraud between 2016 and 2020 and an attempted cover up in 2022. Cameron Vickers, Raheel Mirza, Opeyemi Solaja, Reuben Akpojaro and Taheer Sardar have all been charged. Cameron Vickers, Raheel Mirza, Opeyemi Solaja (also known as Opeyemi Olaja) are […]
PFS Festival – Consumer Duty ‘tougher’ than TCF
The new FCA Consumer Duty will be much tougher than the previous Treating Customers Fairly regulatory principles, the FCA’s director of consumers investment Therese Chambers told Financial Planners in a keynote speech at the two-day Festival of Financial Planning which got under way today. Ms Chambers said the financial services sector must appreciate that the new […]
#FA Success Ep 305: Accelerating Growth Of (Fee-Only) Clients By Making It Clear You Have Nothing To Sell, With Mindy Crary
Welcome back to the 305th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Mindy Crary. Mindy is the owner of Creative Money, an independent RIA based in Seattle, Washington, that offers a unique 12-month financial planning engagement – or as Mindy puts it on her homepage, “financial planning that doesn’t […]
Finding an Outsourced Accountant: Tips Before You Choose
Traditionally, accounting wasn’t something businesses would outsource – in many manufacturing companies, it still isn’t. However, in the current digital sphere, especially one that focuses heavily on services, there are various ways a business can outsource its accounting operations. Here are some tips that will help you choose an outsourced accountant. In addition, it will […]