President-elect Donald Trump is bringing numerous changes to wealth management with his return to the White House, from the Tax Cuts and Jobs Act to Social Security.
Archives for November 2024
Enhancing Client Conversations About Charitable Giving: Sample Questions, Scripts, And Tools For Better Engagement
Charitable giving is an essential aspect of many people’s financial lives. Some give through established channels, such as by donating to charities or volunteer work, others may give informally to family members on a regular but less structured basis – and some simply aspire to “do more”. Yet, despite the important role that charitable giving […]
Reckon 2024 holiday messages
Seasons greetings! The holiday season is upon us, and the new year is fast approaching. 2024 was packed full of challenges and successes, so at Reckon, the leadership team wanted to share with you our holiday messages: Sam Allert, Chief Executive Officer 2024 has been another year full of challenges and victories. A major milestone […]
Fidelity’s client-cash plans draw industry ire
Starting next year, all of its existing RIA non-retirement clients’ cash balances will be moved from higher-yield money market funds to FCASH — a lower-yield cash management product.
Complaints to Financial Ombudsman soar by 50%
The number of complaints received by the Financial Ombudsman Service climbed by more than 50% in the last three months.
#FASuccess Ep 413: Building An Internal Advisor Training Program To Solve The Talent Pipeline As A Growing $4B Advisory Firm, With Kevin Leahy
Welcome everyone! Welcome to the 413th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Kevin Leahy. Kevin is the CEO of Connecticut Wealth Management, an RIA based in Farmington, Connecticut, that oversees approximately $4 billion in assets under management for 1,100 client households. What’s unique about Kevin, though, is how […]
Ken Leech charged by prosecutors over scheme to allocate trades
Former Western Asset Management co-Chief Investment Officer Ken Leech was charged with engaging in an alleged “cherry-picking” trading scheme.
We’ve updated our responsible data use commitments
We use data to create innovative products and features for our customers. These help small businesses save time and make better decisions, and give advisors the information they need to help their clients thrive. Data is critical to innovation, and the opportunities to put it to work for the benefit of our customers are exciting. […]
FCA reveals crypto plans as ownership climbs 20%
The FCA has published an indicative roadmap of key dates for the development and introduction of the UK’s crypto regime as new research revealed crypto ownership has risen 20%.
A 3-Step Sales Process To Clearly Demonstrate Financial Planning Value To Prospects
Over the past decade, a growing number of advisors have expanded into offering comprehensive financial planning services, reflecting a shift that not only helps them stand out from (increasingly commoditized) portfolio management offerings but also supports clients’ broader financial goals. However, comprehensive planning is an intangible service, which can make it challenging for advisors to […]