With the mass movement towards index funds giving asset managers a large number of shareholder votes in publicly traded companies, companies are facing increased pressure to use this power to drive change. A group of unions, corporate responsibility organizations, religious leaders and other investors accuse asset managers of making ‘publicRead More →

“I will effectively be the chief adviser,” Van Cauwenberghe said in an email to Advisor Advantage. In this role, Van Cauwenberghe oversees the division’s three teams: the Advanced Financial Planning Group, comprised of the firm’s 40 tax and estate professionals; IG University, the firm’s advisor training group; and the NetworkRead More →

These professionals do a comprehensive analysis of your entire financial life, help you identify your goals, and then create an investment and insurance strategy to achieve those goals. Estate planning is often offered by a certified financial planner and includes wills, trusts, tax planning, inheritance and end-of-life planning. Usually, butRead More →

The SEC needs better metrics, accountability and disclosure in its frequent FINRA reviews and inspections, according to a government oversight agency. As the sole entity overseeing the self-regulatory organization, the SEC has reviewed FINRA at least 69 times over the past three fiscal years in 10 different areas of itsRead More →

MUNCIE, Ind., December 16, 2021 /PRNewswire/ — Moneytree Software, LTD, an Accutech Systems Corporation company and a leading provider of cloud-based financial planning solutions, today announced the acquisition of eFinPlan, a website for to help individuals understand the importance of sound financial planning. “At Moneytree, we recognize that improving financialRead More →

Financial Planning Software Market 2022-2028 A new market study, titled “Upcoming Trends, Growth Drivers, and Challenges of the Financial Planning Software Market” was featured on fusionmarketresearch. The description This comprehensive study of financial planning software The market offers an overview of the existing market trends, drivers, restraints, and metrics andRead More →

Worldsource will offer a platform as an enterprise-wide solution to the entire wealth management segment MARKHAM, Ont., Dec. 14 10, 2021 (GLOBE NEWSWIRE) — Worldsource Wealth Management Inc. (Worldsource), a subsidiary of Guardian Capital Group Limited (Guardian), today announced that it has entered into an agreement with Conquest Planning (Conquest)Read More →

Florida’s top economist said Thursday that the Legislative Assembly may consider adding a few hours of tax and financial advice to the list of benefits the state of Florida offers its employees. Amy Baker, the coordinator for Florida’s Bureau of Economic and Demographic Research, said currently fewer than 5,000 peopleRead More →

Investments companies are making in mobile apps are starting to pay off, but the financial advisory industry still has a long way to go. According to JD Power, three-quarters of wealth management companies have improved the functionality of their apps in the past year, up from 44% in 2020. AsRead More →

WASHINGTON, November 23, 2021 /PRNewswire/ — The CFP Board Center for Financial Planning (“Centre”) today announced the winners of the 2021 Best Paper Awards. Finance and Related Disciplines (“Symposium”), which took place on November 11-16, 2021. The Colloquium is an international gathering of researchers, practitioners, graduate students and leaders inRead More →

The Center administers scholarships to help qualified individuals complete the education and examination requirements as part of the CFP® certification process. Fellowships offered in conjunction with the College for Financial Planning® help the Center achieve its mission of creating a more diverse and sustainable financial planning profession. It also allowsRead More →

WASHINGTON, November 17, 2021 /PRNewswire/ — The CFP Board Center for Financial Planning (“Centre”) today announced that it will join the Financial Alliance for Racial Equity (FARE), a partnership of leading financial services organizations, associations and colleges and historically black universities (HBCUs). FARE was created in late 2020 by aRead More →

The certification body that oversees the industry’s largest and most respected planning designation is asking more wealth managers to disclose their advisor demographics. During this week’s CFP Board Center for Financial Planning Diversity Summit sessions, executives, academics, advocates, and the chair of the Congressional Black Caucus explained why the dataRead More →

When two clients received a worrying letter from the IRS last July, Gerry Barrasso, their financial adviser, urged the married couple to calm down. The missive said the New York pair owed $271,346 in additional taxes, including a $54,269 penalty and $11,423 in interest, on the sale of nearly aRead More →

For example, there is tax-free compensation, generous education benefits, no or low cost health care, housing allowances and a host of free services on base. That’s why Certified Financial Planners advising military and veteran families suggest you anticipate and plan for what’s to come to minimize financial disruption while savingRead More →

There are more than 40 ESG ratings, 150 rankings and 450 indices, according to the World Business Council for Sustainable Development. But as quality information about fund practices becomes more important to advisers, a lack of standardization and transparency means scores can vary depending on the company providing the rating.Read More →

CHICAGO, November 9, 2021 /PRNewswire/ — Today, CDL 1000, a leading technology/logistics company, announced by Leon Levin appointment as Chief Financial Officer, where he will oversee accounting, pricing, financial planning and analysis, financial reporting, investor relations, internal audit, payroll, purchasing, SEC reporting, taxation and cash flow. He will report toRead More →

K-State’s All-Female Team Places Second in Financial Planning Association’s National Financial Planning Competition Tweet that “Megan, Britta and Ana represent the first all-female team to compete since K-State and one of the first to compete nationally,” Personal Financial Planning Department Chief Martin Seay said. “The team’s accomplishments are a testamentRead More →

TORONTO, October 29, 2021 /CNW/ – FP Canada is pleased to host the 13and the annual Financial Planning Week and new expanded virtual conference, taking place from November 23-November 25, 2021. The theme this year is Connect.Grow.Achieve. The conference, moderated by CTV’s chief commentator, Patricia Lovett-Reid, CFP®brings together professional financialRead More →

WASHINGTON, October 27, 2021 /PRNewswire/ — The CFP Board Center for Financial Planning (“Centre”) today announced sponsors for its fourth annual Diversity Summit and Career Fair, which will take place virtually from November 17-19, 2021. This year’s summit will focus on the theme “Metrics that Matter”, highlighting qualitative and quantitativeRead More →

WASHINGTON, October 21, 2021 /PRNewswire/ — The CFP Board Center for Financial Planning (“Centre”) today announced the agenda for its fourth annual Diversity Summit and Career Fair, to be held virtually from November 17-19, 2021. Registration is free and all sessions will take place between 12:00 p.m. and 4:00 p.m.Read More →

Financial advisers and wealth management firms worried that the Biden administration will immediately destroy the SEC’s Best Interest rule can rest a little easier. At an Oct. 19 panel hosted by New York University Law School’s Corporate Compliance and Enforcement Program, SEC Chairman Gary Gensler pledged vigorous enforcement. of theRead More →

CHICAGO, October 19, 2021 /PRNewswire/ — Hightower today announced that it has joined the Foundation for Financial Planning (FFP), the nation’s only 501(c)(3) nonprofit charitable organization dedicated solely to supporting the provision of pro bono financial planning, as a 2021 impact partner. Founded in 1995 by advisors seeking to giveRead More →

Specializing in a modern approach to relationship-based financial planning, Clarity Financial Design uses a Design your financial future process to help women visualize, define and move towards their financial goals. “I am excited to launch my own comprehensive financial planning practice. Helping women plan and prepare for their financial futureRead More →

FINRA is considering new rules targeting the “narrow issue” of disclosures for wealth managers and other members who offer certain cryptocurrency assets, CEO Robert Cook said. Cook made the comment during a panel hosted with SEC Commissioner Hester Peirce and other regulators from New York Law School’s Ronald H. FillerRead More →

Changing cultural and political attitudes towards employment and the COVID-19 pandemic have upended the talent market – and RIAs are no exception. In fact, the DeVoe 2021 RIA Talent Management Report found that staff turnover increases rapidly in financial advisory practices. With voluntary departures at their highest level in aRead More →

WASHINGTON, October 8, 2021 /PRNewswire/ — The CFP Board Center for Financial Planning (“Centre”) today announced that the fifth annual academic research colloquium (“Colloquium”) on financial planning and related disciplines will be held virtually on November 11-12 and 15-16, 2021. Tickets are available for purchase for $49 and many sessionsRead More →

The cryptocurrency has been in the headlines since the launch of Bitcoin in 2009. Stories abound of individuals becoming millionaires or even billionaires through their cryptocurrency investments, leading to clients asking their advisors if they should get into the crypto game. While many experts believe that cryptocurrency is here toRead More →

eMoney Advisor announces its new partnership with the Foundation for Financial Planning (FFP). Tweet that “We are deeply committed to giving back and advancing our vision of financial peace of mind for all. Together with FFP, we can leverage technology and industry expertise to provide financial advice to communities theRead More →

NEW YORKOct. 5, 2021 /PRNewswire/ — Financial Planning Standards Board Ltd. (FPSB), owner of the international CERTIFIED FINANCIAL PLANNER certification program outside the United States, has released the results of its Future of Financial Planning Practice research, a survey of 4,250 CERTIFIED FINANCIAL PLANNER professionals in 23 territories, conducted inRead More →

WASHINGTON, September 15, 2021 /PRNewswire/ — The CFP Board Center for Financial Planning (“Centre”) today released a Guide to Financial Planning Careers provide guidance to students, career changers and financial services professionals on how to begin and maintain a successful and rewarding career in financial planning. The new guide isRead More →

The Center administers scholarships to help qualified individuals meet study requirements for the CFP® certification process. The scholarship offered in collaboration with Ballentine Partners helps the Center achieve its mission of creating a more diverse and sustainable financial planning profession. “We believe that supporting diversity within the next generation ofRead More →

Despite sluggish business and a dwindling number of insurance-owned wealth managers, a mid-sized firm is trying to catch up with advisory-focused rivals and return to growth. Penn Mutual Life Insurance has hired veteran wealth management executive Aaron Gordon to be president of its independent brokerage, Hornor, Townsend & Kent, afterRead More →

WASHINGTON, September 2, 2021 /PRNewswire/ — The CFP Board Center for Financial Planning (the Center) and Parsec Financial today announced the launch of the Parsec Financial CFP® Certification Diversity Scholarship which aims to advance diversity in the financial planning profession. Over the next four years, the scholarship will offer fourRead More →

Brian Hart is Founder and President of Flackable, an award-winning public relations agency representing financial and professional services brands nationwide. The agency, which he launched in 2014 at the age of 27, guides growth-oriented brands to new levels of credibility, authority and influence through his innovative and integrated approach toRead More →

Recently, Tom Sporkin, the CFP Board’s new Chief Enforcement Officer, contributed a column here titled “What a Former SEC Executive Learned About the CFP Board’s Enforcement Program,” which itself was a rebuttal of Allan Roth’s earlier contribution,”The CFP Board has given up on protecting the public from unscrupulous advisers.” AsRead More →

DENVER, August 18, 2021 /PRNewswire/ — Financial Planning Standards Board Ltd. (FPSB) and its global network are pleased to host the fifth World Financial Planning Day (WFPD) on Wednesday, October 6 as part of the International Organization of Securities Commissions (IOSCO). Investor Week. Representing more than 192,000 CERTIFIED FINANCIAL PLANNINGRead More →

Melinda Wilke (Wealth Advisor/Founder); Photo by Linda SmallPage, Shop Photographer Wilke Wealth and Investment PlanningRetirement • Investments • Protection • Estate • Family 5307 S. 92nd St., Suite 128, Hales Corners | 414-856-3060 | [email protected] | wilkewealth.com Wilke Wealth & Investment Planning is a national practice specializing in physicians, healthcareRead More →

The report says this may be why, on average, advisors rank a variety of planning topics as relatively equally important, including these: Projected retirement income versus projected living expenses: 53% Estimated retirement living expenses: 51% Current spending/savings and investment goals: 51% Alignment of future spending and savings with financial goals:Read More →