Bridgend-based advice firm Broadlands Partnership (FRN: 402268) has been declared as in default by the Financial Services Compensation Scheme (FSCS), opening the door for compensation. Broadlands ceased to be authorised by the FCA in August 2012 and entered voluntary liquidation in 2020. FSCS said it has received 8 claims against the firm in relation to […]
Archives for 2024
How Financial Advisers Can Boost Online Reputation Through Google Reviews (While Complying With SEC Marketing Rule Requirements)
Online reviews are commonly given and used by consumers across many industries, from finding a good restaurant in a new town to reviewing a lawn care service provider. Nonetheless, fewer than 10% of SEC-registered investment advisers report using them, even though the SEC’s updated investment adviser marketing rule allows financial advisors to proactively encourage testimonials […]
Orion CEO Natalie Wolfsen on integrations, open data and RTO
In less than one year since taking over Orion, CEO Natalie Wolfsen has embarked on a massive journey to fully integrate the firm into an open architecture, holistic platform. Part of that plan includes employees coming into the office more.
Yext, Hearsay CEOs on merger plans for a marketing and compliance powerhouse
Yext’s CEO said his firm could have tried building its own in-house compliance software. Instead, it found exactly what it needed at Hearsay Systems.
Weekend Reading For Financial Planners (June 15-16)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a recent study found that advisory teams tend to have higher assets under management per advisor, serve wealthier clients on average, and have stronger growth than solo advisors, thanks in part to the efficiencies gained […]
The Essentials of Bookkeeping For Nonprofits
Nonprofit organizations drive positive change through charity drives, volunteerism, and other heroic efforts. Yet, the financial hurdles these organizations navigate often go unnoticed, especially to those outside of the organization. Unfortunately, even skilled bookkeepers aren’t fully familiar with the rules and regulations the nonprofit sector must follow. If you manage books for a nonprofit organization, […]
That’s a wrap for Xerocon London 2024!
We’ve just wrapped Xerocon London 2024, and what a magical two days it’s been. Although Xerocon is a chance for us to update everyone about the industry trends we’re seeing, and the new product features we’ve been building, it really is about the people. Bringing our community together and experiencing that magic in person, is […]
Labour Party manifesto – expert reaction
With any detail regarding pension tax allowances missing from the Labour Party manifesto, retirees could see a Labour government cut back allowances to raise funds, according to pensions industry experts. While Labour pledged to maintain the Triple Lock on the State Pension, its pensions market review and absence of detail on pension tax allowances leaves […]
Kitces & Carl Ep 140: Are You Worrying About Scale Before You Even Have A Scale Problem
As the financial advice industry continues to move toward providing full-blown professional services rather than focusing primarily on product sales, advisory (advicery?) firms are increasingly experiencing similar stages of growth in their practices. From the initial stage of onboarding their first clients to the point of hitting a capacity wall and deciding whether to increase […]
Exploring the complexities of accounts management and financial reporting
Guest Post by Imed Bouchrika, Computer Science professor from the University of Southampton, UK. Imagine starting your own business and having your own products or services, marketing strategy, and sales team in place. You think everything is good to go. Unfortunately, there’s something very essential you might have missed: an accounts management and financial reporting […]