Our 2023 Financial Planning Profession Survey is now open and we want you to share your views. The survey gives Financial Planners, Paraplanners and Wealth Managers a unique chance to voice their opinions about the profession and tell us how their firms are faring. As a thank you for completing the survey we are offering entry […]
LPL study: How advisors can triple revenue from $1M to $3M
It’s not about working longer hours, living in an urban area or being older.
Financial advisors on the pros and cons of alternative investments
A new iCapital study looks at the pain points and opportunities presented by weaving alts into client portfolios as individual access increases.
Morgan Stanley pursues former broker accused of trying to ‘guilt’ client into moving to UBS
James Tuminello argues in court documents that he only reached out to clients he formed with relationships before joining the large wirehouse.
Staffing a key challenge for Planner firm growth
The recruitment and retention of staff is one of the biggest challenges faced by expanding firms, according to Financial Planners. Lumin Wealth told Financial Planning Today that one of its biggest challenges has been the recruitment of advisers and Paraplanners. Progeny UK managing director Caroline Hawkesley said that recruitment remains a key focus for the […]
Inheritance race gap persists even among wealthier families
Advisors who want to close the racial wealth gap must encourage Black and Hispanic clients to have estate plans, a new research brief says.
5 tips to plan for unexpected challenges of caregiving
Caregiving will touch the lives of many wealth management clients, but its financial and emotional costs can overwhelm. Here’s how advisors can help.
WH Ireland shareholders back £5m rescue deal
WH Ireland shareholders have voted to back a £5m fund-raising move which will help stabilise finances at the troubled wealth manager and Financial Planner. Despite some opposition, all votes were carried at a general meeting held by the company yesterday. WH Ireland warned that it was in danger of being wound up if the deal did […]
How advisors can help close the investing gender gap
Here’s how advisors can help fix the gender gap in investing — and position themselves to win business from women, as their wealth grows.
Single pensioners need £257k more for retirement
Single pensioners need £257,000 more than couples to achieve a comfortable living standard in retirement, according to analysis by Standard Life, part of the Phoenix Group. It showed a pensioner couple would need £418,000 per person for a ‘comfortable’ retirement while a single pensioner would need £675,000. Its analysis used the MoneyHelper annuity tool to […]