Getting feedback from your customers is a great way to understand how you can improve your business. Your customers will have opinions on what works and what doesn’t. But it’s not always clear how to take valuable impressions of your business and turn them into something tangible. So, how do you use customer feedback to […]
Archives for December 2024
SEC panel weighs limits on RIAs’ ability to require arbitration
Critics of mandatory arbitration say it can go against investment advisors’ fiduciary duty to always do what’s best for clients.
Pareto opens new Manchester HQ and adds to team
Manchester-based Pareto Financial Planning has moved its HQ to the refurbished and iconic Old School House building in Spinningfields in the centre of the city and addd more staff.
#FASuccess Ep 415: Systematizing A Firm-Wide Planning Process By Leveraging Centralized Teams And A Ticketing Workflow System, With Erika Wood
Welcome everyone! Welcome to the 415th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Erika Wood. Erika is the Director of Wealth Management of VisionPoint Advisory Group, a hybrid advisory firm based in Dallas, Texas, that oversees approximately $3 billion in assets under advisement for both 780 client households and […]
Recognizing Emotionally Invested Team Members And Nurturing “Emotional Ownership” For A More Resilient Firm
For many financial advisory firms, ownership has traditionally been tied to equity, where advisors take on financial risk in exchange for legal ownership and a share of the firm’s success. However, as the cost of equity rises and accessibility becomes more limited, firms face the challenge of inspiring ownership behavior without distributing equity. One way […]
What’s new in Xero – December 2024
Welcome to our monthly roundup of what’s new in Xero. This month, we’ve introduced updates designed to help you to get paid faster, streamline tax rules and regulations compliance, and manage your sales tax with ease. With enhancements from the ability to send invoices via SMS to improvements in Xero Tax and sales tax reporting, […]
Might the Social Security Fairness Act still pass this year?
Just before the year ends, Congress may pass the Social Security Fairness Act. Here’s what’s in the bill and who it’s for.
6 ways independent wealth management firms are consolidating
Recruiting moves, M&A deals, influxes of capital, internal rollups and business pivots are fueling the industry’s race to scale.
Weekend Reading For Financial Planners (December 7–8)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that President-elect Trump plans to nominate former Securities and Exchange Commission (SEC) Commissioner Paul Atkins as the next SEC chair, replacing Gary Gensler. Atkins’ previous time on the commission and more recent statements suggest that he […]
Investors shifting from cash to equities
Advised clients are moving their money away from cash and back towards equities as interest rates subside, according to a new survey of financial advisers.