Single women are poised to gain trillions of dollars in wealth by the end of the decade. Here’s what financial advisors need to know about working with them.
Ex-Wells advisors’ suit describes pressure to ‘cross-sell’ bank products
A pair of former wealth managers contend they were yelled at and suffered other retribution after raising concerns about sharing clients’ information without their knowledge.
Weekend Reading For Financial Planners (March 9-10)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that RIA clients of an insurance broker providing Errors & Omissions (E&O) coverage saw a 213% increase in claims paid in 2023, attributed to significant jumps in suitability claims (likely stemming from the 2022 market downturn) […]
Editor’s Comment: A ‘smoke and mirrors Budget?’…maybe
Don’t reach for your hankies just yet, but I’m beginning to feel a touch of sympathy for our much-lambasted Chancellor Jeremy Hunt. In virtually every media interview I’ve listened to this week since his Budget he’s been hammered. Spring must be the season for ‘Chancellor bashing.’ Many planners have seen it as a ‘smoke and […]
Craven Street absorbs Punter Southall Financial Planning arm
Chartered Financial Planner Craven Street Wealth has completed its acquisition of Punter Southall Aspire’s Financial Planning division which was announced in January. The deal increases AUM for Craven Street by over £600m to £1.85bn. The two firms are underpinned by a longstanding relationship between Craven Street Group and pensions and advice firm Punter Southall Group. […]
£24.3bn pulled from funds by retail investors in 2023
UK retail savers took £24.4bn out of investment funds in 2023, according to the latest data from the Investment Association. This is only the second year that an annual outflow has been recorded, with 2022 seeing outflows of £26.9bn. Retail fund sales could fall even further this year, with January seeing net retail outflows of […]
Your guide to small business compliance – an easy checklist
Small business compliance is a rather broad catch-all term, but there are some core components to business compliance that affect almost any business owner. Compliance refers to the tasks you have to undertake, reporting you must adhere to, and rules you must abide by, to be a rule-abiding business in Australia. Let’s take a squizz […]
WIU AFED to Host Accounting Career Explorations Event March 19 – WIU News – Western Illinois University News
WIU AFED to Host Accounting Career Explorations Event March 19 – WIU News Western Illinois University News
Kitces & Carl Ep 133: Should Advisors Market The Real (Self-Actualization?) Value Of Financial Planning, Or Just Do It?
For many financial advisors, the traditional way of doing business has generally been based on a transaction-based service model involving functional solutions to clients’ practical problems. In more recent years, though, advisors have begun to focus on developing stronger and more meaningful relationships, recognizing the advantage of better understanding clients’ values and priorities when it […]
Lawsuit challenges DOL’s ‘independent contractor’ rule days before it takes effect
The Financial Services Institute continues to push for a return to a Trump Administration rule it contends offered clarity in employment questions.