Citywire RIA’s Post

Licensees not only have to compete against each other for advisers in a reduced market, but also against the potential of self-licensing. The Professional Planner Licensee Summit heard there is little to worry about if advisers and practices are moving to self-licensing for the benefit of their businesses, not for perceived cost savings. Keith Cullen Sandhya Maini Darren Whereat Jasia Fabig Fitzpatricks Private Wealth WT Financial Group (ASX:WTL) Insignia Financial Rhombus Advisory Pty Ltd #financialservices #financialadvisers #financialplanning

😧  We get it, the economy’s down the 🚽 and it’s not only consumers who are feeling the pinch 🤏. The cost of starting and scaling a business has never been higher. “So, how the hell are you going to help?”, I hear you say.   Well, not only have our fees always been a fraction of the cost of a more traditional practice, but we now offer interest-free monthly instalment payments – so you can afford the legal muscle 💪 to become better protected, remunerated, indemnified, and more trustworthy, promoting bigger clients, suppliers, and investors. 🚀   Pretty sweet, huh? Send over a DM for a friendly chat.   #SmallBusinessOwners #SMEs #LegalServices #LegalHelp 

✅ Maximize the value of your CPA firm with Merit's CPA Connect! By adding wealth management services to your service offerings, you will be more competitive and strengthen your client relationships, all while adding a new source of revenue for your practice. 👉 Learn more: https://ow.ly/olfY50QshCg Merit Financial Advisors #MeritCPAConnect #CertifiedPublicAccountant #FinanicalPlanning

🔒 Curious about how an Asset Protection Trust works? It's a key part of financial planning, shielding assets from creditors. Individuals and businesses use techniques to limit access to valuable assets within debtor-creditor law. 💰 A common question we've heard: How much does it cost to set up an Asset Protection Trust? Find out here: https://lnkd.in/eTke3DUN 🚀 Exciting news: We've had fantastic educational meetings with potential B2B Partners over the past three weeks as we expand that department. If you serve High and Ultra High Net Worth Individuals, let's connect! 💼 One referral could mean over $150,000+ residuals for your company. 🛩️ We've also seen potential with Jet & Yacht Brokers, as our clients often need their services. Let's explore collaboration opportunities! #AssetProtection #FinancialPlanning #HighNetWorth #UltraHighNetWorth #B2BPartnerships #ReferralOpportunity #DominionInsights

Farther CEO and Co-Founder, Taylor Matthews, authored an opinion piece for WealthManagement.com on the benefits that financial advisors should see from the Federal Trade Commission's decision to ban non-compete agreements, and why Farther’s policy has always been to forego them. “Advisors want to perform their jobs as effectively as possible for their clients. They’re limited in their ability to do so when firms compete on restrictions rather than on delivering great experiences and financial returns for their talent and their clients. Our industry can do better, and both advisors and clients should expect more.” Read the full article here: https://bit.ly/3ya0hKC. #gofarther #wealthmanagement #FTC #noncompetes #wealthtech #financialadvisor #teamfarther

In this CUSO Magazine article, Kevin Mummau shares proven strategies to help your credit union grow its member base and embrace new technologies to help meet your goals. #wealthmanagement #partnership Atria Wealth Solutions

The introduction of Rhombus Advisory has caused a shift in the top advice licensees as Insignia Financial separates its advice business into two channels. https://lnkd.in/eWwNMv5U

Reed Advisory Group leads by example in the sense that our expert providers put their money where their mouth is. Most services are fee contingent so if we can't produce savings for you there is no fee. It truly creates a no-risk, win-win value proposition.

Compliance is crucial in the financial advisory industry, and failure to meet FCA guidelines can have serious consequences for your business.  That's why joining In Partnership is so valuable. We offer a range of compliance services and support to help ensure that you always operate within FCA guidelines.  Join us today and enjoy the peace of mind that comes with knowing you're always compliant. You can explore our services here: https://lnkd.in/e36nNfKD #InPartnership #compliance #FCAguidelines #financialadviser

MONEY PIT? According to this article, PPL charges almost £30m per year to the market in user fees. But that's not enough to deliver a platform that works, and can talk to other things. They need another £30m to do that. Whilst other industry platforms like Whitespace, Ebix PlacingHub and Supercede | The Reinsurance Platform deliver value to their owners and investors, this looks more and more like it's becoming a burden on the market. They say they're now able to take outside Third Party investment. Is it time to cut it loose and see how it fares on the open market?