Practitioners who once contemplated changing professions share strategies that changed their lives for the better — at the office and away from it.
Skerritts buys £400m AUM Surrey Financial Planner
Acquisitive South Coast-based wealth manager and financial adviser Skerritts has acquired £400m AUM Surrey Financial Planning firm KMG Independent Limited – and its sister firm KMG Investment Management Limited – for an undisclosed sum. Skerritts said the deal boosts its presence in the south east of England as the group looks to accelerate its expansion nationally. […]
From writing assistance to presentation builders: Top AI tools picked by wealth leaders
Leaders in wealth management name their top AI tools used every day in the workplace, from scheduling apps to automating content and slideshow presentations.
What Is Zero-Based Budgeting? How it Can Help Small Businesses
To stay on top of your business expenses, you need to constantly plan and update your small business budget. When you make a traditional budget, you use the previous budget and tweak it. This might not be the most effective way to make a budget, especially for small companies. Another option is zero-based budgeting. What […]
What Is Gross Profit?
Do you know how profitable your small business’s operations are? You don’t have to be a financial expert to find out. You can calculate your gross profit to compare the funds you put into your business. Gross profit definition Gross profit is the revenue left over after you deduct the costs of making a product […]
How to Complete a Market Analysis the Right Way
When you start a business, do you just wing it? Or, do you take time to plan and research your strategies before you jump into the market? If you’re like most entrepreneurs, you probably prepare your business before taking the plunge. Before diving into a market or switching up a strategy, you need to do […]
Suspense Account in Balance Sheet: Use for Questionable Transactions
Sometimes, you don’t have all the necessary information for accounting. Missing or incorrect details can derail your bookkeeping efforts, but you need to record every transaction. Use a suspense account when you’re not sure where to record general ledger entries. What is a suspense account? A suspense account is an account where you record unclassified […]
Weekend Reading For Financial Planners (July 6-7)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a recent U.S. Supreme Court decision shifting authority to interpret laws passed by Congress from Federal agencies to the judicial system could have significant impacts on regulation of the financial advice industry, including the potential […]
Editor’s Comment: My manifesto for better pensions
Now the dust is beginning to settle on the election, Labour has to turn to the serious work of implementing its manifesto promises. Pensions are a key part of Labour’s pledges and it has promised a major review of the pensions landscape. This is a wise idea. There is, indeed much to review. An […]
Labour must grasp pensions and advice nettles – experts
Leading industry pensions and advice sector experts have welcomed Labour’s victory as a chance to push forward some key financial reforms but some have raised questions about the clarity of Labour’s pension and advice priorities. Financial Planning Today has collected some of today’s key reactions. • Alastair Black, head of savings policy at Abrdn, said: “In its […]