2020 was an incredibly disruptive year for nearly everyone. From the health toll of the pandemic itself to the economic impact of social distancing, the business disruption of work-from-home to the personal disruption of schooling-from-home, last year was a year of change for nearly everyone, whether they wanted it or not. And while the financial …
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the announcement that the Investments & Wealth Institute (IWI) is launching a new online advisor networking/community platform called “The Hive”, to be available to both IWI members and those beyond, as the organization seeks to expand its footprint …
The evolution of advisor technology in recent decades has made it easier and easier for financial advisors to build (and manage) systematized model portfolios for a large number of clients. The good news of this shift is that it has greatly facilitated the scalability of advisory firms. The bad news, though, is that it centered …
If you’ve noticed an extra something in your bank account lately — like an extra $600 stimulus check that’s been sitting idle — you might be wondering: what’s the best way to use this check and are there any strings attached?
Should you spend it all on hand sanitizer, masks, takeout food, and heated bidets? …
There’s no doubt about it: 2020 was a dumpster fire. To help throw some water on the flames, the federal government passed a lot of programs to provide financial assistance for people facing tough times due to the pandemic. The aid is far from comprehensive, but at least it helps plug the leaking holes a …
One of the most common challenges that financial advisors can face is encouraging clients to implement recommendations when they are resistant to the idea of change… even when the client is aware that those changes are necessary to attain their goals, and even when they want to make those changes! For many clients, resistance is …
Key Takeaways
Starting a new business always requires some sort of upfront investment, but you should try to avoid paying any extra fees if you can help it. Fortunately, plenty of banks make it easy to open and use a free business checking account.
You might need to maintain a minimum balance, sign up for paperless billing, …
The Financial Planning Association of Australia (FPA) has made six recommendations in its Budget Submission 2021-22 aimed at addressing the rapidly increasing cost of practicing as a financial planner.
FPA CEO Dante De Gori CFP® said making financial advice more affordable for all Australians starts with making financial planning more affordable to practise.
“This has …
If you’re considering doing your own taxes this season, it’s important to remember that federal income tax can be quite complicated, so it’s essential to have a reliable guide to go by to ensure that your taxes are filed correctly.
Any mistakes you make can subject you to hefty fines, and you could limit yourself …
