Even though shareholders gave their proposals less support in 2023, adherents point out that they withdrew many of them after firms agreed to make changes.
Archives for July 2023
Coutts CEO Flavel to step down over Farage fiasco
Peter Flavel, the CEO of private bank and wealth manager Coutts, is to step down with immediate effect as the fall out from the Nigel Farage bank account fiasco continues. Dame Alison, CEO of Coutts parent NatWest, has already stepped down over the affair. New NatWest interim chief executive Paul Thwaite announced the departure of […]
Kitces & Carl Ep 117: Sustaining A Profitable Advisory Business That Allows You To Explore New Endeavors
While many financial advisory firm owners have long-term goals that involve building a career based in a profitable and sustainable advisory firm, there are some firm owners who develop their firm as a means to explore and pursue other business endeavors. These firm owners may opt to take a backseat role in running the firm, […]
Starting your new financial year right!
As we march through July, it’s likely you’re now in the thick of tidying away your previous financial year and going through the process of ATO compliance. But have you put much thought into starting your business’s new financial year with a clean slate? Many small business owners wade through the EOFY and just keep […]
Singapore Xero Awards 2023: Congratulations to our winners
Last night I had the enormous privilege of hosting our very first in-person Xero Singapore Awards ceremony to celebrate the outstanding achievements of our accounting and bookkeeping partners and crown our 2023 winners. It was a brilliant night, bringing everyone together in person again. I loved seeing the camaraderie and festivity in the room as […]
SEC wants planners to be responsible for AI, robo advisor recommendations
The Wall Street regulator is targeting technology that offers advice that might be against clients’ best interests — even if advisors are unaware of the conflict.
Only 3 in 5 trust their adviser
Only three in five (58%) advised consumers had high levels of trust in their financial adviser in 2022, according to the latest FCA Financial Lives survey. One in ten (13%) said they had low levels of trust in their adviser, however, trust levels have not changed significantly since 2017. Financial advisers were also more highly […]
The Growth Of Collaborative Planning – And Decline Of “The (Written Financial) Plan”
Financial plans play an important role for both clients and advisors, as they not only help clients gain a clear perspective of their current financial position, but also provide advisors with a systematic way to organize their analyses and communicate their recommendations to the client. However, there is no standard style of what is included […]
Investor attorneys to press SEC, Congress on RIA arbitrations
After the regulator’s report raised questions about fairness to investors, PIABA is seeking new rules that would require advisory firms to make it easier to file complaints.
#FA Success Ep 343: The Evolution Of Super-OSJ Platforms To Support Independent Advisors, With Rita Robbins
Welcome back to the 343rd episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Rita Robbins. Rita is the Founder and President of Affiliated Advisors, a Super-OSJ with Royal Alliance that provides support to 90 financial advisors and collectively oversees $3.5 billion in assets under advisement. What’s unique about Rita, though, […]