Defense POW/MIA Accounting Agency director speaks at AFCLC seminar WSFA
Archives for April 2024
Pension transfer volumes drop by 50%
The latest XPS Pension Transfer Watch report has highlighted that pension transfer volumes were 50% lower in March than a year earlier. Transfer values showed a small increase in March but activity remains low, the pension provider reported. {loadposition hidden2} The Transfer Value Index saw a decrease of about 2%, partly driven by increases in […]
Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes
A little over a year ago, Chipotle announced the opening of its first Farmesa location.
Tech platforms COMPLY and TIFIN name industry vets to C-suite roles
Amid a busy April for big hires, compliance tech provider COMPLY and wealthtech platform TIFIN have brought on industry vets Michael Stanton and Jeannette Kuda, respectively, aiming for strategic growth.
Reframing Risk In Retirement As “Over- And Under-Spending” To Better Communicate Decisions To Clients, And Finding “Best Guess” Spending Level
Over the past few decades, advicers have used Monte Carlo analysis tools to communicate to clients if their assets and planned level of spending were sufficient for them to realize their goals while (critically) not running out of money in retirement. More recently, however, the Monte Carlo “probability of success/failure” framing has attracted some criticism, […]
Pensions and anti-poverty campaigner Frank Field dies at 81
Former Labour minister and lifelong pensions and anti-poverty campaigner Frank Field, Lord Field of Birkenhead, has died at 81 after a long battle against prostate cancer. Mr Field was known for his fierce but intelligent and radical comments and proposals on pensions and welfare. In the pensions sector he was best known as chair of […]
FTC issues noncompete ban as lawsuit looms
The prohibition would be on most contract provisions meant to keep emplolyees from taking jobs with competitors.
Draft of Form 1099-DA for reporting digital asset transactions released
The draft form, which when finalized will be used by brokers to report digital asset transactions, reflects the language of the proposed regulations, including a broad definition of “broker.”
#FA Success Ep 382: Helping Clients Stay The Course With A More Total Relationship Approach To Their Near-Term Cash Flow Needs, With Tyson Ray
Welcome everyone! Welcome to the 382nd episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Tyson Ray. Tyson is the CEO of FORM Wealth Advisors, a hybrid advisory firm based in Lake Geneva, Wisconsin, that oversees approximately $900 million in assets under management for just over 800 client households. What’s unique […]
More ex-First Republic advisors exit JPMorgan for smaller firms
Three advisory teams managing $10 billion in the San Francisco area are among an ongoing wave of departures from the biggest U.S. bank.