We’re thrilled to be launching Future Focus, a series dedicated to removing the mystery, hype — and maybe even fear — from some of those futuristic technologies you’ve always wondered about, but never knew how, or who, to ask. Our aim is to help you get your head around them now so that the implications […]
Archives for February 2023
Strong demand for investment companies on platforms
Purchases of investment companies on adviser platforms grew 1% in 2022, compared to a 7% drop in purchases of all products, according to new data. Net demand for investment companies jumped 48% to reach an all-time high. That’s according to the latest figures compiled for the Association of Investment Companies (AIC) by ISS Financial Clarity. […]
Abandoning Surge Meetings To Better Meet Client Needs And Promote Advisor Well-Being
One of the most important parts of a financial advisor’s value proposition is time spent meeting with their clients. These meetings allow advisors to listen to their clients’ concerns, make planning recommendations, and chart a course for the coming months. And while advisors recognize the importance of holding regular client meetings, there is no consensus […]
Three weird and unique business ideas to get you thinking…
Making money doesn’t have to mean you tread a well-used path and do what others are doing. If you can corner a niche, do something different, and offer something valuable. You can get as weird as you like! Let’s take a leaf out of the left-field book and see how others have created truly unique […]
You can now enrol in STP Phase 2 – it’s crunch time to complete your transition
The moment is here; the final step of Xero’s Single Touch Payroll Phase 2 roll out is now available to all customers. Once your payroll data is updated and you’ve marked each step as complete in the STP2 Portal, you’ll be able to enrol in Phase 2 reporting – step four of the transition. This […]
To be a better advisor, be a little less wrong tomorrow
Wealthy investors do a lousy job of telling heirs what they’ll get: report
Court decision drops 401(k) rollover fiduciary requirement — for now
Weekend Reading For Financial Planners (Feb 18-19)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the SEC is proposing to expand the adviser custody rule beyond securities and funds to cover all assets in a client’s portfolio, including private securities, real estate, derivatives, and cryptoassets. Further, an investment adviser who […]
9 in 10 advisers building cross-gen relationships
Almost nine in ten (87%) advisers have built a relationship with their clients’ children or grandchildren, according to a new report from Abrdn. Just over a quarter of the advisers (29%) surveyed by the provider said that they have relationships with more than one family member for more than half of their client base A third […]