In a letter to Treasury’s Financial Crimes Enforcement Network, the AICPA says the additional time will give all businesses a fair and reasonable time frame to become aware of the new and complex rule.
Archives for October 2023
Odey Asset Management to wind down
Odey Asset Management – including subsidiaries Brook Asset Management and Odey Wealth – is to close down following sex scandal accusations that engulfed its owner Crispin Odey earlier this year. The company announced today that it will be closing down and fund managers and funds moved to new asset managers. In June the company announced […]
#FA Success Ep 357: Building A High-Tech High-Touch Advisory Firm With The Modern Advisor Tech Stack, With Jon Henderson
Welcome back to the 357th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Jon Henderson. Jon is the Founder and CIO for Echo45 Advisors, an independent RIA based in Walnut Creek, California, that oversees $163 million in assets under management for more than 180 client households. What’s unique about Jon, […]
Brooks Macdonald to cut 55 jobs
Wealth and investment manager Brooks Macdonald is to cut 55 jobs – about 10% of its workforce – as part of cost-cutting measures announced today. The firm said that the job cuts would help reduce staff costs by about £4m per annum. Earlier this month the firm reported net outflows of £70m for its Q1 […]
How to be more efficient in remote leadership
Guest post by Sam O’Brien. Remote working has become the preferred way of working for many businesses. It can be more convenient than working in an office, but it can also bring challenges for management. A remote team can’t be successful without a good leader. We’ll look at the qualities of a great remote team […]
Small biz compliance: legal requirements for businesses
Getting into business is more than just cash flow, bookkeeping, and taxes. There are also a slew of legal requirements you need to be aware of to ensure your business is legally compliant. (The last thing you want is for something to slip through the cracks and then find yourself facing potential legal issues or […]
Third annual Black Wealth Summit highlights paths for building legacies
The event’s theme this year was “creating a culture of accountability,” and speakers aimed to help Black consumers access generational wealth.
The 10 Best Financial Advisor Conferences To Attend In 2024
After several years of turmoil caused by the pandemic, financial advisor conferences seem to have found a “new [post-pandemic] normal”, with events once again growing (some already surpassing their pre-pandemic highs). But that’s not to say that the conference landscape was not altered by the pandemic; instead, the pandemic appears to have served as a […]
Planner urges Chancellor to address retirement fears
Clients are increasingly worried about the prospect of maintaining their desired standard of living in retirement, according to Teesside Financial Planning firm Active Chartered Financial Planners. The firm’s managing director Karl Pemberton has urged the Chancellor to address their concerns in next month’s Autumn Statement. He has written to Jeremy Hunt after a survey of the […]
Coke and Pepsi stocks are both struggling — but one beverage giant has more to worry about than the other
The beverage leaders’ stocks have struggled this year as investors worry about higher interest rates and the possible negative impact of weight loss drugs.