Independent Registered Investment Advisors (RIAs) often face significant challenges in attracting advisors who can proactively generate new business. Many employee advisors gravitate toward service-oriented roles; this preference often stems from their initial motivation for entering the profession – wanting to help clients or perform the more analytical aspects of investing and financial planning. Rarely do […]
Archives for 2024
Weekend Reading For Financial Planners (October 12–13)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a CFP Board ad campaign promoting a career in financial planning to high school and college students sparked an uproar in the planning community, as some advisors questioned whether the messages being sent in the […]
Advisor moves: Merrill draws from Morgan Stanley, JPMorgan; LPL from Merrill
The week also saw BlackRock, JPMorgan Asset Management and Charles Schwab take minority stakes in the advisory-support firm Dynasty.
Scots Planning firm declared in default
Scottish Financial Planning partnership Advice & Wealth Management Solutions LLP has been declared in default by the Financial Services Compensation Scheme (FSCS).
NI savers least confident about retirement finances
Northern Ireland pension savers are the least confident in the UK that they will enjoy financial freedom in retirement, according to a new study. Savers from Scotland and the East of England were also concerned about later life finances, with many of those surveyed saying they were not confident that they would be able to […]
Jupiter net outflows top £5bn
Jupiter Fund Management saw £1.6bn in net outflows for the quarter ended 30 September, taking total net outflows for the year to date past the £5bn mark.
Keeping secure this Cybersecurity Month
When it comes to security, businesses can be at a loss when the crime occurs online. No robber hides around the corner; no corner store gets held up. In fact, cybercrime can happen in broad daylight with just a few lines of text in an email. We spoke with Ed Blackman, Reckon’s CTO, to get […]
Orion, RBC Wealth Management named Innovators of the Year at ADVISE AI
The top award winners cap off Financial Planning’s inaugural Innovation Award series.
Michael Kitces on what he does — and doesn’t — trust AI with
The chief financial planning nerd sees AI solutions that can significantly help financial advisors. But there are also overpromises, he said at ADVISE AI.
‘Diet’ COLA: Advisors talk to clients about the lowest increase in years
With inflation figures falling, retirees can expect a 2.5% increase in 2025. Here’s how planners are guiding clients through the impact of that slight bump.