Cybercrime is no joke, and it’s becoming even more prevalent and catastrophic as this nefarious space evolves. While the threat level of events like data breaches and phishing scams are rising, it’s also possible to combat most forms of cyberthreats and mitigate them with good IT hygiene and security best practices. While complete immunity is […]
Archives for 2023
How To Become A Less-Stressed Millionaire
Generation Y has, for lack of a better term, “been through it.” Our generation has lived through some of modern history’s most monumental economic and social events. The result? Stress, and for some, lots of it. Nearly 44% of Generation Y report feeling stressed all or most of the time. Everyone has unique stressors, but […]
Half of FCA staff considering quitting warns union
The Unite trade union has claimed that staff anger is reaching tipping point at the Financial Conduct Authority with half of its workers considering leaving. The union has accused management of refusing to discuss rock bottom morale and poor pay. It said the exodus of experienced staff raised serious questions about the regulator’s ability to […]
Paid Solicitation Under The SEC Marketing Rule: Using Third-Parties For Lead Generation And Prospecting
Financial advisors who pay third parties to solicit or refer prospective clients to generate new business have historically been subject to the SEC’s Cash Solicitation Rule. However, that rule was drafted in an era where most paid referral relationships were between individuals, such as a financial advisor who paid a third-party accountant to refer clients […]
Financial literacy 101: the only guide you’ll need to start managing your finances like a pro
Anthony Martin, Founder and CEO of Choice Mutual, says, “Investing is one of the best ways to grow your wealth over time. But make sure you find an investment strategy that fits your goals and risk tolerance. And don’t forget to diversify your portfolio.” It’s never too early to start learning about financial literacy. But, […]
How a debt ceiling crisis could hit retirees’ benefits and portfolios
MHH Practice boosts efficiency with new invoicing
Accounting has changed dramatically over the last few years. Automation, digital transformation and the acceleration of the cloud have all played an important role in shaping it. But amongst all of this change, one thing remains constant: businesses need to get paid, explains Hayden Watson, Director of UK-based accountancy firm, MHH Practice. Using technology to […]
Latest product news — February 2023
It’s time to switch to new reports If you haven’t made the switch to new reports, we urge you to start moving your work across now, so you have plenty of time to get used to them before the older versions are retired. Here are the latest features we’ve introduced to new reports: The current […]
#FA Success Ep 318: From So Many Clients To So Few: Transitioning From Retail Brokerage To The Multi-Family Office, With Ali Swart
Welcome back to the 318th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Ali Swart. Ali is a Partner and the Managing Director for Waldron Private Wealth, a multi-family office based in Bridgeville, Pennsylvania that oversees nearly $3 billion in assets under management for 280 ultra-high-net-worth family households. What’s unique […]
Fewer people have financial plans
Financial Planning has fallen off the agenda for many UK people with only a third (34%) of them now having a financial plan, according to new research. The number has fallen from almost two-fifths of people (38%) last year. The figures are included in the latest St James’s Place’s Financial Health Index, which also showed that the number of […]