Archives for April 2023
The deets on noncompetes: Advisors clash with firm owners and trade groups on contract clauses
CII pledges more autonomy for PFS arm
The Chartered Insurance Institute has promised to increase the autonomy of its Personal Finance Society arm in its five-year plan published today. The CII has also promised to fix its long-running technology issues. The five-year plan also recognises the financial issues faced by the CII and outlines plans to return to a “surplus position”. The […]
Kitces & Carl Ep 110: Dressing Up For Clients (Do Advisors Really Need To Dress For Success?)
In any business profession, establishing credibility and trust are important to attracting clients and building a reputation amongst colleagues. A key method to do so is through appropriate business attire. Traditionally, business attire for financial advisors meant wearing the typical suit and tie in all instances of client-facing activities. Because psychologically, a suit and tie […]
Six reasons to come and visit us at Accountex 2023
It’s nearly time for Accountex 2023, and we’re excited to see many of you across the two days. This is our tenth year exhibiting at Accountex, and the buzz of the event and opportunity to connect in person never gets old. It’s been a tough year for many of you across the accounting and bookkeeping […]
Distressed and opportunistic credit investments gain allure as recession odds shorten
CISI awards five new Honorary Fellowships
The CISI has awarded new Honorary Fellowships to five highly-regarded members of the financial community, all of whom have held senior positions in the organisation. The new Honorary Fellows are Fionnuala Carvill, Nick Swales, David Kane, Dr Robert Barnes, and Vivienne Artz. Honorary Fellowship carries the designatory letters FCSI (Hon) ands are awarded annually by […]
Switching Between State And SEC Registration: Evaluating Options (And Requirements) For RIAs Nearing $100 Million RAUM
When an RIA reaches the threshold of $100 million in Regulatory Assets Under Management (RAUM), it must generally switch from being registered at the state level to registering with the SEC. But while $100 million may be the general rule, in practice it isn’t always a hard line. The reality is that volatile markets and […]
Goldman Sachs wealth profits jump as firm eyes international business
75% are clueless about their pension pot
Three-quarters of UK adults are clueless about how much is in their pension pot, according to new research. Alarmingly, four-fifths of 55–64-year-olds have no idea how much their pension savings amounts to. That’s despite them being at the most crucial stage of retirement planning as they start to look at their options for life after […]