The Federal Reserve is the most powerful financial institution in the world. One way or another, his actions and policies touch your daily life. Here are some things you should know about this powerful but misunderstood institution. The Federal Reserve is the central bank of the United States of America.Read More →

Among the millions of new retail investors during the pandemic and concerns about Low financial literacy of Americans, FINRA plans to issue a regulatory notice on the cryptocurrency. Guidance to more than 3,400 firms and 617,000 registered representatives overseen by FINRA will cover “rules relating to the sale of cryptoRead More →

BOSTON, January 19, 2022 /PRNewswire/ — Concord Wealth Partners, an independent registered investment advisory firm (“RIA”), has formed a strategic partnership with Coppertree Financial Planning, LLC, a $230 million AUM RIA based in Greater Boston. New England-based Coppertree LLC has joined Concord Wealth Partners and will operate as a newRead More →

With several fundraising deals in recent weeks, the wave towards alternative investments shows no signs of collapsing in the new year. On Tuesday, CAIS, a digital platform providing financial advisors with access to alternative funds and products, announced a $225 million funding round led by Apollo and Motive Partners, withRead More →

(News USA) – The new year has just begun, but it’s never too early to review your financial plan in order to reach your financial goals for 2022. Now is a great time to take steps to reduce your tax liabilities in 2022, according to Dan Mathews, a CERTIFIED FINANCIALRead More →

Even highly educated people make serious mistakes when planning their finances. Getty Most people are really bad at personal financial planning. Among the errors: they save too little or they save too much; they buy the wrong amount of life insurance; they leave large sums of social security benefits onRead 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 →

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 →

Derry Gadson of Elkhart is an Independent Investment Advisor and Financial Consultant Derry Gadson of Elkhart recently explained what a financial consultant is and how hiring one can change your life. A financial consultant can take a lot of the stress and worry out of financial planning” —Derry Gadson ELKHART,,Read 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 world is full of abbreviations, especially when it comes to investments. For retail investors, the plethora of abbreviations can be overwhelming and for many daunting. Money.co.uk, a free online comparison service that lets you compare thousands of financial products, wanted to find out which financial abbreviations Americans understand theRead 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 →

Financial consultant, Charles Mensah advised everyone, especially economic operators, not to borrow to spend during the Christmas festivities. Speaking on JoyNews’ PM Express on Thursday, he said commercial operators should consider planning early in the year. He also noted that employers who borrow to pay Christmas bonuses “is like borrowingRead 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 →

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 →

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 →

OSWEGO — Craig Fitzpatrick has been named vice president, financial consultant at Pathfinder Bank, according to Ronald G. Tascarella, senior vice president and chief sales officer. “Craig’s deep investment knowledge and commitment to client service has been instrumental in growing our investment services revenue since he joined our team inRead More →

Wealth management firm Ehrenkranz Partners and financial advisor Investindustrial signed offers for a total of 27,097 square feet on Seagram Building in two of the largest recent expansions and new leases in RFR Real Estate property. Ehrenkranz snagged 17,519 square feet across the entire 21st floor of the approximately 850,000Read 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 →

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 →

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 →

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 →

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 →

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 →

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 →

NEW YORK–(BUSINESS WIRE)–Prosek Partners, a leading independent public relations and financial communications agency, has won the Global Corporate/Financial Agency of the Year award at the 2021 Global SABER Awards. This follows Prosek’s nomination as a North American Global Business/Financial Agency of the Year 2021 by PRovoke Media earlier this year.Read 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 →

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 →

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 →

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 →

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 →

Issy-les-Moulineaux, October 8, 2021 In accordance with the recommendations of the AFEP-MEDEF Code of Corporate Governance (“AFEP-MEDEF Code”), Sodexo provides the following information on the compensation of its executive corporate officers as determined by the Board of Directors on October 7, 2021, during of the Proposal of the Compensation Committee.Read 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 →

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 →