Russia’s invasion of Ukraine significantly increases cyber risk to the U.S. financial sector, which should fully comply with New York State Department of Financial Services cybersecurity regulations, the department said. in a warning issued last week. Industry guidelines indicate that Russia’s ongoing cyberattacks on Ukraine could spill over and damageRead More →
Bigger fools exist in the world of investing, as evidenced by a plethora of evidence. Here is an explanation of the “biggest fool theory” and how it applies to investing. The bigger fool theory states that one can make money buying overvalued stocks because there will always be someone who,Read More →
After 42 small cases involving firms not known in the wealth management space, financial advisers are wondering when the SEC will step up enforcement of its new rule. The signs that President Gary Gensler’s team foresees, in its wordsensure “that Regulation Best Interest lives up to the promise of itsRead More →
During today’s troubling financial times, many investors are wondering what to do to protect their families. The best solution is to have a written financial plan that creates a blueprint or map to guide your financial future. There must be coordination between investments, taxes, social security, inheritance planning, and allRead More →
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James Mullane, Director of PPS Financial has 15 years experience in financial services. He has experience advising public and private sector clients. Here he talks about trying to reduce the impact of inflation on your quality of life: While the pandemic has undoubtedly caused very difficult health and social issues,Read More →
What do you want to know A car needs an airbag. An airplane needs oxygen masks. A client needs a way to survive the loss of earning ability. Your clients have worked hard to manage their money and plan for their future, but is their financial plan protected? Since MarchRead More →
Leeds-based multidisciplinary professional services firm Progeny plans to acquire chartered financial planning firm, RU Group. The deal, subject to FCA approval, will bring Progeny’s total assets under management (AUM) to over £3bn and enable the business to expand its presence in South Yorkshire and the East Midlands. RU Group areRead More →
SINGAPORE: A former financial consultant for OCBC Singapore was sentenced to 30 months in prison on Monday (February 21) for defrauding five of his clients of S$170,000 in bogus term deposits. Sentencing 34-year-old Hoi Wei Kit, the judge said Hoi betrayed the trust placed in him by bank customers andRead More →
ABS-CBN actor Mark Neumann now works as a financial consultant. In an Instagram post on Tuesday, Feb. 15, 2022, the 27-year-old star opened up about her journey as a money coach. Mark wrote (published as is), “From client to financial consultant. It’s been two years since I started my journeyRead More →
WESTWOOD, NJ, February 17, 2022 /PRNewswire/ — Modera Wealth Management LLC (“Modera”) is proud to announce that it has appointed Kelly A. HenningCFP®, MSFS on its board of directors. “by Kelly Henning story is one of incredible achievement and dedication to our customers and our company,” said Tom Orecchio, ManagingRead More →
WASHINGTON, February 16, 2022 /PRNewswire/ — The CFP Board Center for Financial Planning (“Centre”) today released a new report titled “Metrics that Matter: Best Practices From Diversity, Equity and Inclusion Practitioners and Academics.” The report is comprised of five articles that discuss the importance of metrics for diversity, equity andRead More →
Iraq’s $27 billion deal with French energy firm TotalEnergies has stalled due to disputes over financial terms and possible risks of cancellation by the new government, reports Reuters. The deal, which was signed in September 2021, was expected to reverse the trend of several oil majors leaving Iraq. The agreementRead More →
THE month of February of love is the best time to show affection to your partner and loved ones. Back then, most of us would probably have planned dinners at a fancy restaurant or sent flowers to your loved one’s place of residence or work. But whatRead More →
While Gen Z may have a different perspective on money matters than previous generations, there are still some timeless lessons that have universal application. Generation Z (born between 1997 and 2015) is the first generation to grow up in a digital world, which gave them a different view of theRead More →
As a result, RBC advisors and planners are having more conversations with clients about their current and future cash positions to minimize uncertainty, Gray said. Advisors also stress to clients the importance of having an emergency fund “available to meet those short-term needs,” he said. Jeff Bartja, managing director ofRead More →
As companies battle to retain workers amid the ‘big quit’, many are offering enhanced employee benefits. Benefits for financial well-being, in particular, are on the riseAbove all those that provide access to personalized or adapted advice. Based in New York Extra wealthwhich was released today, speaks to the 87% ofRead More →
A former registered securities general representative has agreed to pay $10,000 to settle charges from the Financial Industry Regulatory Authority that he violated Municipal Securities Regulatory Commission rules when he exercised his discretion over a client’s account without first obtaining their written consent. Michael G. Mancinelli, who is no longerRead More →
The next interest rate announcement by the Bank of Canada will be on March 2, 2022. St. Albert residents who have been out shopping or getting gas recently may have noticed an increase in prices. “We have seen headwinds with supply chains putting upward pressure on prices. All of theseRead More →
Only two companies offer low-cost computer-generated financial advice, although it is available for four years. The robo-advisor (also known as digital advice) was provided by a licensed financial advisor and was a major step up from other digital tools, such as a chat-bot, which were designed to help investors toRead More →
3. It fits perfectly. Many financial planning tools claim to integrate with other software in your tech stack, but it’s important to consider how well they integrate. Good financial planning software integrates seamlesslySo when you update a client’s assumptions, the software calculates and displays changes to all aspects of theRead More →
A California man accused of defrauding millions of elderly clients while acting as an investment adviser is now facing a slew of charges from state and federal authorities. This week, Jeffrey Santulan and his company, Safeguard Metals LLC, became the target of enforcement actions by the SEC, the Commodity FuturesRead More →
Abrn has appointed Sarah Deaves to lead financial planning for its personal wealth management business. In addition to leading the financial planning unit, Deaves will work alongside Paul Titterton to assess how digital can improve the company’s financial planning proposition. Titterton recently assumed responsibility as Head of Digital Solutions withinRead More →
Hello and welcome to your Morning Briefing for Wednesday, February 2, 2022. To receive it each morning in your inbox, click here. Abrn’s new financial planning boss Abrn has appointed Sarah Deaves to lead financial planning for its personal wealth management business. Money Marketing learned that Deaves joined the firmRead More →
With our annual rankings, Financial planning recognizes the best young brokers in the industry among distribution houses and regional companies. The top 40 regional brokers under 40 generate $87.3 million in collective annual revenue at an average of $2.2 million per rep over the last 12 months of production whileRead More →
Frisco TX-Hinckley Cook? (972-335-1553?) announces that it has updated its financial services for people looking to improve their personal financial management. The full-service agency prides itself on its fast and transparent packages. Frisco, USA – February 1, 2022 — Helping clients navigate complex tax preparation and cash flow management, HinckleyRead More →
New York, NY, February 1, 2022 – Three advisors from JP Morgan Wealth Management were rewarded Financial planning2022 Annual List of the Top 40 Financial Advisors Under 40. Financial planning recognized the following advisors for their outstanding performance: Michael Briese, Private Client Advisor – New York, NY David Li, HeritageRead More →
Best Accounting Practice Management Software_GoodFirms GoodFirms GoodFirms unveils a reliable list of accounting, budgeting and financial planning software evaluated by several search parameters. Recognized accounting software eliminates manual tasks, improves efficiency, increases scalability and more. — Search GoodFirms WASHINGTON DC, WASHINGTON, USA, Feb. 1, 2022 /EINPresswire.com/ — Accounting is theRead More →
Richard Stamps A financial consultant who conducted a long-term analysis of the Dunkirk school district said Tuesday that the district’s finances are currently sound, but its sources of revenue may not be. He therefore proposes tax increases. “The neighborhood is doing well” Dr Richard Timbs spokeRead More →
TORONTO, February 1, 2022 /CNW/ – With tax season approaching, it’s not enough to organize the shoebox of last year’s receipts, slips, and notes for our accountant or online filing program. We need to take stock of missed opportunities and plan for the current year. The good news is thatRead More →
Agfa appoints Mona Issa as Head of Financial Planning and Analysis for North America. Tweet that “This is an exciting opportunity to have a positive impact by aligning the structure and cadence of our regional activities in North America with that of our parent company in Belgium“says Mona. “I knowRead More →