While it can be easy for financial advisors to recognize the wide range of ways they add value for clients throughout the year, clients themselves might not be aware of what their advisors do for them behind the scenes outside of their annual meetings (e.g., rebalancing their investment accounts or reviewing their insurance policies). Without […]
Archives for 2023
IRS, in flip-flop, tells 75 million taxpayers to go ahead and file
Why we can’t keep old reports (and other burning questions)
The retirement of old reports is now only a little over five months away. If you’re like many small business owners and advisors, you’re probably starting to seriously think about how this will impact your day-to-day work. We’ve answered some of your most common questions, so you can feel confident about switching to new reports […]
Busting myths around wealth management’s DEI problems
Vanguard’s one-of-a-kind fund design is about to get some competition
Weekend Reading For Financial Planners (Feb 11-12)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that according to CFP Board leaders, “everything is on the table” when it comes to the organization’s announced competency standards review. Among others, one notable item that could be reviewed is the current certification requirement that […]
Editor’s Comment: A global movement making waves
Amid a sea of gloomy news – zero growth anyone? – it was cheering to see this week that global Financial Planner numbers are on the rise. The number of Certified Financial Planner (CFP) professionals has topped a record 213,000, with growth of 5% over the past 12 months. Growth has been particularly rapid in […]
FCA restricts IFA firm over client money concerns
The FCA has restricted Campbell & Associates Independent Financial Advice Ltd of Hants after concerns about £1.5m in client funds being potentially ‘misappropriated’. The restrictions prevent the firm (FRN 602550) from carrying out any regulated activities. The firm, based in West Wellow near Southampton, has also been restricted from accessing its assets due to FCA […]
DFM launches free Consumer Duty kit for advisers
Discretionary fund manager Copia Capital Management has launched a free online Consumer Duty Toolkit for adviser firms. The aim is to help advice firms comply with the new legislation and implement it in the “most effective manner possible”, the company said. The pack includes written guides, videos, templates and webinars, with additional material being […]
