Ford shares how he rose from cold-calling as a broker to becoming head of wealth at one of the country’s biggest banks, and what’s next for his team.
SEC looking into JPMorgan advisory fees, Wells cash sweeps
The inquiry into Wells Fargo comes at a time when clients can often secure much better rates of return through money markets and certificates of deposit.
What’s Your Family Approach to Charitable Giving? Year-End Ideas & Insights
As the holiday season approaches, many of us are not only gearing up for festive celebrations but also considering ways to give back to our communities. Charitable giving is a big part of many family financial plans, and when done effectively, it can also allow you to make strategic tax moves at the end of […]
Kitces & Carl Ep 124: When Clients Evolve Out Of Your Niche Specialization Should You Stay Or Go (Or Not)
Many financial advisors have found that serving a client niche not only helps them run a more efficient firm (as they work with clients facing similar planning issues), but also attracts more new clients (as they are able to offer a unique value proposition for clients within the niche). Notably, though, while certain clients are […]
UK investors take £1.4bn out of funds in September
UK retail investors took £1.4bn out of funds in September, according to the latest data from the Investment Association. The month saw the largest outflows so far this year. Gross retail sales for UK intermediaries including IFAs totalled £8.8bn, representing a market share of 36.2%. This was a slight fall in the total (August: £8.9bn) […]
4 key family office trends to watch this fall
Competition for the business of family offices is heating up. From fine art to compliance, here’s what some of their needs look like today.
Xero Awards UK: Introducing our 2024 judges
We’re excited to announce our official judging panel for the Xero Awards UK 2024. This year’s panel is made up of Xero leadership, as well as guest judges from the Xero community, including previous Xero Award-winners and industry leaders. They’re taking on the difficult task of selecting our winners for the 12 accountant, bookkeeper and […]
Effective Implementation Of A Backdoor Roth Strategy: Detailed Nuances, IRS Form 8606 (And When It’s Even Worth Doing)
There are many tax planning strategies that allow financial advisors to demonstrate the ongoing value they provide to clients in exchange for the fees they charge. Part of this value is understanding the detailed nuances that make a strategy effective and implementing it correctly, avoiding issues with the IRS down the line. For instance, while […]
To boost your advisory brand, answer these 11 questions
Brand is more than logos, color palette and images — it’s a consistent effort that encompasses every client-facing aspect of your practice, says this marketing expert.
AICPA, others call for a one-year extension of BOI report deadline
In a letter to Treasury’s Financial Crimes Enforcement Network, the AICPA says the additional time will give all businesses a fair and reasonable time frame to become aware of the new and complex rule.