UBS executives estimate their plan to raise rates on certain accounts will cost the firm $50 million. A new suit cites that as evidence that the firm “violated its obligations to its clients.”
Archives for August 2024
Appeals court sides with foreign investor over IRS and Tax Court decision
The decision hinging on the definition of “inventory” in the sale of a highly valuable position in a U.S. partnership resolved a saga that began 16 years ago.
Weekend Reading For Financial Planners (August 24-25)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a new study indicates that while financial advisory firms are largely satisfied with their tech stacks, they take a range of approaches to applying tech: from “innovators” that invest in tech to differentiate themselves from […]
Chartered Planner adds senior hire to boost footprint
Cheltenham-based Chartered Financial Planner firm Attivo has recruited David Melloy as its new strategic business development director to help spearhead plans to expand its UK footprint.
Paraplanning’s ‘Big Day Out’ on the way
The Paraplanners’ Assembly, the support and training network for Paraplanners, is to hold its annual ‘Big Day Out’ event on 12 September.
1 in 5 injured last year had no income while sick
More than one in five adults (22%) who took unplanned leave in 2023 due to injury were not paid during their absence, a major new study has uncovered.
Planner partners with Tony Adams’ mental health support drive
Financial Planning network Rosemount Financial Solutions (IFA), is to partner with an anti-addiction, mental health support campaign set up by former Arsenal and England captain Tony Adams.
How financial advisors can assist clients in successfully navigating career changes
A record number of Americans expect to be unemployed soon, giving advisors opportunities to help them plan.
How Art Outreach is drawing on the Xero Beautiful Business Fund to create new possibilities for education
“I used to volunteer at a local food distribution program. Seeing the kids we served take food to their home made me want to do something beyond just providing a basic necessity,” said Mae Anderson, Chairman of Art Outreach, a non-profit arts intermediary dedicated to supporting art practitioners as well as championing art appreciation and […]
Kitces & Carl Ep 145: Explaining The Value Of Financial (Life) Planning By Unlocking The Emotional Job To Be Done
As advisory firm websites have become crucial to the prospecting pipeline, displaying fees can present a delicate challenge for advisors. On the one hand, displaying fees can help a client determine whether an advisor will fit into their budget and may build trust when an advisor demonstrates transparency by explaining how their fee applies to […]