As more Americans are living well into their 80s and even into their 90s, the spectrum of risks that an aging population faces is only getting wider. The need to address longevity risk has become increasingly important, allowing financial advisors to add even more value for their clients by ensuring that their financial needs are […]
Archives for 2024
How do you organise finances for a small business?
When it comes to running a small business, organising your finances is utterly crucial to success. Not only that, when you do it right, all other aspects of running a business become that much easier and more manageable. Here’s some key steps to help you manage and organise the financial aspects of your small business. […]
Simpler IRS notices are coming
The IRS’s new Simple Notice Initiative follows a pilot that demonstrated how redesigned notices can improve taxpayer experience while reducing call volume.
Don’t fear the robots: the case for deploying AI in wealth management
Big announcements by Franklin Templeton, TIFIN and CogniCor display why experts see vast potential for artificial intelligence helping — rather than replacing — financial advisors.
Devon Energy Announces Chief Accounting Officer Retirement and Officer Appointment – Yahoo Finance
Devon Energy Announces Chief Accounting Officer Retirement and Officer Appointment Yahoo Finance
United CEO casts doubt on 737 Max 10 order after Boeing’s recent problems
CEO Scott Kirby said the Max 9 grounding after a door plug blew on an Alaska Airlines flight is the “straw that broke the camel’s back.”
Number of FCA-regulated firms falls 7%
The number of active FCA-authorised firms dropped significantly to 75,213 over the last six months, a fall of 3.7% in that period, and down 7% over the year, with M&A activity driving consolidation. The number of Registered Individuals (RIs) also fell slightly suggesting a contraction in the industry over the last six to 12 months, according […]
#FA Success Ep 369: Breaking Through To New Growth By Changing Your Mindset Around Hiring (Complementary) Team Members, With Michelle Ogden
Welcome back to the 369th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Michelle Ogden. Michelle is the founder of Ogden Wealth, an RIA based in Maitland, Florida, that oversees $50M in assets under management for almost 120 client households. What’s unique about Michelle, though, is that after seeing the […]
Cash flow: what it is, how it works, and how to analyse it
Today, let’s dive into the financial lifeblood of your small business – cash flow! Poor cash flow is often cited as the biggest threat to a businesses’ stability and ability to trade, so understanding it is crucial to success. Sure, it might sound like accounting jargon, but trust me, understanding cash flow is like having […]
Secure 2.0 created emergency accounts. Will 401(k) plans use them?
The IRS and Labor Department issued guidance on the new savings vehicles, but financial advisors and other wealth management professionals have questions.