Small business owners have a lot on their plates. That’s why it can be a little scary to realize that bookkeeping is yet another task you have to complete to keep your business running. After all, why can’t you skip it altogether and pass it on to an accountant? Well, there are a few reasons […]
Archives for 2022
This pandemic tax filing season is “dumpster fire 2.0”
#FA Success Ep 263: Building A High-Touch Boutique Firm Serving Tech Executives As Their Personal CFO, With Joyce Franklin
Welcome back to the 263rd episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Joyce Franklin. Joyce is the founder of JL Franklin Wealth Planning, an independent RIA based in the San Francisco Bay Area that oversees about $200 million of assets for 40 client families. What’s unique about Joyce, though, […]
Rathbones FUMA rises 25%
Investment management and Financial Planning group Rathbones has increased funds under management and administration (FUMA) by 25%, according to the first trading update since the completion of its acquisition of Saunderson House. FUMA were £68.2bn at 31 December. This compared to £54.7bn at 31 December 2020. Rathbones acquired Financial Planner Saunderson House for £150m in […]
Four Financial Advisor Trends Reshaping #AdvisorTech
Despite the reality that change is inevitable, it’s remarkably difficult to identify in real-time which new innovations will stick around and change the world, and which will never manage to gain traction (or turn into a fad that is quickly adopted but just as quickly forgotten). In some cases, the reality is that the idea […]
Tavistock buys LEBC stake from founder’s widow for £10m
Financial Planning and investment group Tavistock Investments has acquired a 21% stake in retirement-focused financial adviser LEBC from the founder’s widow for £10m. LEBC has struggled since the unexpected death of its CEO and founder, Chartered Financial Planner Jack McVitie, 57, in 2020 after a short illness. LEBC reported a loss last year of £232,000. […]
Raymond James, RBC, Hightower, plus recruiting roundups and SEC charges
Merrill Lynch to settle its part in Jay Peak ‘tragedy’ for $4.5M
Weekend Reading for Financial Planners (Jan 8-9)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with a study showing that private equity firms are targeting financial advisory firms with relatively clean disciplinary records for acquisitions, but that once acquired, advisor misconduct at these firms skyrockets an average of 147%! The reason for this jump […]
