Portfolio managers are shifting to platforms that offer an all-in-one, single point of entry for making different portfolio transactions. Cerulli reports the trend is picking up steam.
Archives for 2024
CFP Board chair-elect wants to increase awareness of CFP, improve advisor diversity
Terri Kallsen of Rise Growth Partners is currently a member of the CFP Board’s board of directors and chair of the finance and investment committee.
Tech spotlight: How Trustworthy gets people to store life’s data
Trustworthy, a digital vault for consumers to store and find documents, recently expanded its platform to advisors and financial professionals. Here’s what’s next for the AI-backed startup.
Weekend Reading For Financial Planners (July 20-21)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that Charles Schwab and other brokerage platforms are planning to increase the interest rates they pay on client cash held in their platform or cash sweep programs, which could boost the income of clients who maintain […]
Editor’s Comment: The best laid plans…
There is little doubt that the pandemic, followed by the cost of living crisis, has turned retirement planning on its ahead. As Scottish poet Robert Burns once wrote: “The best laid schemes o’ mice an’ men gang aft a-gley.” It is an often quoted saying about the fact that no matter how much planning you do, […]
8 Effective Ways to Get Startup Funding for a New Business
Guest Post by Maya Kirianova When we think about a new business, we believe it is an exciting journey full of innovation, creativity, and prosperity. However, a startup owner must first consider where to get financial backing. According to SmallBizTrends, one-third of startup businesses begin their operation with less than five thousand dollars, and as […]
Xero partners: Refer your clients to the Xero Beautiful Business Fund and get rewarded
On 9 July, we announced that the Xero Beautiful Business Fund is back for 2024. Just as we did last year, we’re giving away more than NZ$750,000 to eligible Xero small business customers across Australia, Canada (excluding Quebec), New Zealand, Singapore, South Africa, the UK, and the US. We want to recognise the role of […]
Business Buy-Sell Agreements In The Wake of Connelly V. IRS: Ensuring Clients’ Business Succession Plans Don’t Create Future Estate Tax Issues
Buy-sell agreements are a common succession planning tool for business owners where, upon a triggering event like the death of one owner, the surviving owners have either the option or the contractual obligation to purchase the deceased owner’s shares of the business. Traditionally, buy-sell agreements are structured either as cross-purchase agreements (where the surviving owners […]
Spirit Airlines forecasts wider quarterly loss as revenue falls short of expectations
Spirit Airlines said Tuesday it would post a wider-than-expected loss for the last quarter because of revenue that came in short of its expectations.
#FASuccess Ep 394: Launching An Administrative Family Office Practice To Deliver Your Best Support To (HNW) Clients, With Christi Van Rite
Welcome everyone! Welcome to the 394th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Christi Van Rite. Christi is the Founder of White River Consultants, a firm that provides administrative family office services to 17 ultra-high-net-worth households, and is on track to generate nearly $1.5M in revenue this year from […]