The leading IBD firm is eager to dominate the entire advisor industry, following another strong quarter for recruiting.
Archives for October 2023
‘Daughter they never had’ accused of defrauding elderly clients
A well-known business owner and advocate for the elderly now stands accused of stealing $2.25 million.
Weekend Reading For Financial Planners (October 28-29)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the shift in financial advice from pure investment management to comprehensive financial planning continues, with more individuals becoming CFP professionals than CFAs in the past few years as consumers increasing the diversity of their financial […]
Editor’s Comment: The rising price of regulation
Regulation is expensive and getting more expensive, as most of you can attest. There was a good illustration of that this week with new proposals from the DWP on its General Levy to cover pensions regulation. The DWP says that without significant increases in the levy it faces a £200m deficit on its pension […]
Campaigners urge probe into ‘missing’ £10m at PFS
Members of the OurPFS campaign group of Financial Planners has called for an investigation into what it alleges is a ‘missing’ £10m in funds it says are being held by PFS parent body the Chartered Insurance Institute. The group has today submitted an Open Letter to the Personal Finance Society board asking for a probe […]
Airman Accounted for from WWII (Sexton, D.) – Defense POW/MIA Accounting Agency
Airman Accounted for from WWII (Sexton, D.) Defense POW/MIA Accounting Agency
Extracting Actionable Takeaways From The SEC’s Staff Bulletin Regarding An RIA’s Standard Of Care
There is a general understanding that investment advisers have a fiduciary relationship with their clients – in other words, that they are required to act in the client’s best interests. But although this concept makes sense in the abstract, it isn’t always clear what an adviser needs to do to fulfill their fiduciary duty in […]
PMI coverage surges to 6.9m UK adults
The number of UK adults with Private Medical Insurance has risen by 1m in the past five years to reach 6.9m, according to analysis of the FCA’s Financial Lives survey by consultancy Broadstone. The ongoing problems in the NHS are believed to have spurred the surge in sales, particularly in the employee benefits sector. An […]
Financial abuse can trap people in relationships — here’s how advisors can help
From ordinary couples to the ultrarich, people of any wealth level are vulnerable to financial abuse and domestic violence. Wealth managers, who can see into a household’s finances, can make a difference.
How small businesses can get themselves ready for Cyber Monday
This guest blog was written by the team at ecommerce accounting integration, Amaka. Cyber Monday was originally an opportunity for ecommerce businesses to dish out huge promotions after Thanksgiving in the United States, but it’s now become a phenomenon around the world. In 2022, Cyber Monday brought in a total of $11.3 billion USD in […]