In 2023, Financial Planning’s op-ed section featured nearly 100 original columns penned by experts across wealth management, from tax pros to tech founders and seemingly everything in between.
Archives for January 2024
How to Create an Efficient Profit and Loss Statement
Hopefully, your business made a profit last year. After all, that’s the primary purpose of most companies – to turn profits and generate earnings for owners and shareholders. But how do you know how much of a profit your business made in the past 12 months? Or in the past six months? The past quarter? […]
The Future Of Financial Advice: How Tech and Approaches In 2030 Will Differ From Today
Professional service industries tend to evolve over time as the regulatory environment evolves and new technologies emerge. For instance, the financial advice industry has seen many changes to regulations (for both advisors and their clients), advisor business models, and the advisor technology landscape. These changes all have the potential to change the industry by shifting […]
How advisors can win doctors as new clients
Doctors face many personal finance challenges, from hefty student loan debt to temptations to overspend. Experts share how to win them as clients.
These are the 10 RIAs with the largest average client account
A new ranking of the channel by SmartAsset includes arms of Sammons Financial Group and McKinsey and global portfolio management firm Cambridge Associates.
Weekend Reading For Financial Planners (January 6-7)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that comment letters submitted regarding the Department of Labor’s (DoL) proposed Retirement Security Rule, which is intended to strengthen standards regarding the provision of certain retirement-related advice, reflect the contentious nature of the proposal, with brokerage […]
What does 2024 have in store for wealth management? Arizent research offers ‘Predictions’
We asked hundreds of wealth managers what they expect for their industry in the year ahead. Here’s what they told us.
Anthony Arter appointed interim chair of Pensions Ombudsman
Anthony Arter CBE has been appointed as interim chair of The Pensions Ombudsman (TPO) to replace Caroline Rookes who died in October. It will be for an interim period during which a recruitment campaign will be conducted to fill the position permanently. Mr Arter has a wealth of experience and expertise from various roles within […]
Over 50s unaware of annuity options
Almost half of over 50s don’t know that annuities come in many forms and with various options, according to research from Standard Life, part of Phoenix Group. The study suggested widespread ignorance about annuities among older people. When those who had already annuitised, or planned to do so, were asked about different annuity options, there was […]
IRS collects record-setting $4.9 trillion in tax revenue in FY 2022
The Treasury Inspector General for Tax Administration said in its annual report that the total tax revenue collected from return filings was about $790 billion more than in FY 2021.