Archives March 2022

Small wins in this year’s Federal Budget

The Financial Planning Association of Australia (FPA) has described this year’s Federal Budget as reasonably positive for financial planners.

“There are no major changes for financial planners or their clients, which means planners can continue to focus on helping their clients and growing their businesses,” says FPA CEO Sarah Abood.

“It is an opportunity for …

10 Key Performance Indicators For Financial Advisory Firms To Compare With Industry Benchmarking Studies

Industry benchmarking studies can be a valuable tool for advisory firm owners to make better business decisions. By compiling and publishing data on firms across the industry, the studies enable owners to compare their firms’ performance side-by-side against that of their peers, giving the owners an expectation for how their firms should perform and insight …

Weekend Reading for Financial Planners (Mar 26-27)

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with new research showing that average asset-based advisory fees increased from 2020 to 2021, suggesting that the phenomenon of “fee compression” from low-cost competition like robo-advisors not only is failing to play out, but may be entirely reversing itself …

Why Is Crypto Valuable?

This is the question commonly associated with cryptocurrency, and not an unreasonable one to ask. After all, unlike commodities, crypto has no physical substance. And since it isn’t issued by banks or central governments, there’s no institutional entity upholding its value.

So why is crypto valuable at all?

We could ask the same question about

What Are Mortgage Closing Costs?

One of the most mysterious parts of the home buying and refinancing process are mortgage closing costs. Most consumers interested in applying for mortgage financing are aware they exist, but most are unfamiliar with how much they are, and where they come from.

In this guide, we’re going to answer the question, what are mortgage