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Archives for September 2023
August wholesale inflation rises 0.7%, hotter than expected, but core prices in check
The producer price index was expected to increase 0.4% in August, according to the Dow Jones consensus estimate.
FCA uncovers poor advice in later life mortgage sector
The Financial Conduct Authority has demanded improvements in the later life mortgage / equity release sector after finding evidence of poor advice and misleading promotions. The watchdog has told some of the largest firms in the sector to raise their games after finding almost 400 misleading promotions. An FCA audit of the sector – one of […]
Xero Beautiful Business Fund: Apply now to help your business achieve its sustainability goals
There’s all sorts of great ways to help make your business more sustainable and have a positive impact. Some businesses might have a sustainability purpose core to what they do, like reducing food waste, wildlife conservation, or waterway restoration. Others might want to become more sustainable, through initiatives like reducing waste or consumption, shifting to […]
Future Proof 2023: a ‘trade fair for financial planners’ — but fun
Swapping spreadsheets for sunblock, thousands in wealth management descended on SoCal for big ideas and for big fun — but mostly for business. Plus, what you need to know about the smaller Future Proof event coming next March.
Why The Common Approach Of “Think It Over” Might Work For Product Sales, But Undermines Service-Based Financial Planning Relationships
For many financial advisors, encouraging new prospects to “think it over” at the end of an initial meeting can seem like a gentle way to offer the prospect space to decide whether the relationship will be right for them, while at the same time, keeping the advisor from feeling that they may be coming across […]
5 reasons why clients keep pushing back on your bookkeeping prices
Why do bookkeeping clients keep challenging you on your prices? Are you doing something wrong? It is not uncommon for clients to challenge the pricing structure. It’s crucial to address these objections effectively and maintain a healthy client relationship. Today, I’m going to discuss 5 reasons why clients keep pushing back on your bookkeeping […]
Embracing growth and efficiency: Key Insights from the UK Accounting and Bookkeeping Industry Report 2023
We are pleased to share the key findings from our study of the accounting and bookkeeping sector. This report involved engaging with over 600 accounting and bookkeeping professionals practising across the UK, from sole practitioners to large practices. Despite global economic uncertainty and rising inflation, this sector has shown remarkable growth and resilience. Encouragingly, over […]
Family offices are overlooking governance in 2023: Citi report
A new study sees family offices getting into bond markets but at the cost of another type of bond.
#FA Success Ep 350: The RIA Custodian As The All-In-One Investment Operating System Of The Future, With Jason Wenk
Welcome back to the 350th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Jason Wenk. Jason is the CEO of Altruist, a relatively new RIA custodian that has quickly grown to serve more than 3,500 advisory firms across the country, making it the 4th-largest independent RIA custodian by firm count. […]