Given the general trend of advisory firms charging on some percentage of assets under management, market growth can also be a strong indicator of advisory firm growth. For firms with revenue tied to portfolio performance, the additional income that can accompany a healthy market outlook allows firms to dedicate more resources to marketing and other […]
Archives for September 2024
Cash ISAs rebound from pandemic lows
The number of cash ISAs increased 11% to 7.9m in the 2022/23 tax year but the number of Stocks and Shares ISAs fell, according to latest figures from HMRC.
Should advisors outsource asset management? Vendors weigh in
Leaders from Envestnet, J.P. Morgan Asset Management and Dimensional Fund Advisors discuss how technology has made it both easier and yet more challenging for advisors to manage portfolios on their own.
SEC approves sweeping overhaul of stock-trading rules
Large exchanges argue some of the changes could make it more costly for them to offer rebates to brokers in return for order flow.
As Fed announces half-point rate drop, advisors change investment strategies
Experts expect the rate cuts to continue, but for how long and how effective they will be in achieving a “soft landing” remain to be seen.
As Fed announces half-point rate drop, advisors change investment strategies
Experts expect the rate cuts to continue, but for how long and how effective they will be in achieving a “soft landing” remain to be seen.
AI May Transform Your Advisor Practice In 10 Years, But It Still Won’t Do Much In 2 Years
In the nearly 2 years since the launch of ChatGPT, there has been an explosion of new technology solutions incorporating Artificial Intelligence (AI). Today, AI is now almost ubiquitous across many of the tools that we use, from smartphone cameras to search engines to office productivity software. For financial advisors, too, a ballooning number of […]
Timeline adds Letter of Authorisation tech
Fintech and investment provider Timeline has partnered with The Pension Lab to offer a digital solution to automate and streamline the Letter of Authorisation (LOA) process for advisers.
Platform losses are not an excuse to keep cash interest – FCA
Some investment and SIPP providers have been retaining interest earned on cash-holdings to subsidise loss-making platforms, according to an FCA study published today.
1 in 3 well off over-60s failing to save for later life care
Nearly three in 10 (28%) of over-60s with over £200,000 in investable assets or household income have failed to ring-fence money to fund later life care they may need, a new report says.