Abnormal Returns

MARCH 18, 2024

wsj.com) How home buying is going to change with a new commission regime. wsj.com) America's news business has lost its ability to hold power to account. IPOs Apple ($AAPL) and Google ($GOOGL) are exploring putting Google's AI on the iPhone. spyglass.org) A closer look at Reddit's risks. Then check out our weekly e-mail newsletter.

Financial Advising 276

Financial Advising Commission Food Economy 276

Nerd's Eye View

MAY 15, 2024

On April 25, 2024, the Department of Labor (DoL) issued the final version of its Retirement Security Rule (the "Final Rule"), which imposes an ERISA fiduciary standard "that applies uniformly to all investments that retirement investors may make with respect to their retirement accounts ".

Retirement 246

Retirement Commission Banking Financial Advising 246

Nerd's Eye View

APRIL 26, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Department of Labor released the final version of its Retirement Security Rule (a.k.a.

Financial Planner 246

Financial Planner Commission Communication Financial Advisor 246

Nerd's Eye View

OCTOBER 25, 2023

In 2019, the SEC released a Commission Interpretation that separated the obligation of RIAs to act in their clients' best interests into separate duties of care (to provide investment advice in the best interest of the client) and loyalty (to eliminate or disclose all potential conflicts of interest with the client).

Fiduciary Duty 246

Fiduciary Duty Commission Clients Accounting 246

Abnormal Returns

MARCH 20, 2024

crr.bc.edu) Saving for college How much should you save in 529 accounts? financialducksinarow.com) How homebuying is going to change with a new commission regime. (tonyisola.com) Retirement Retirement lessons from Lewis & Clark's expedition. theretirementmanifesto.com) When a mortgage in retirement is a problem.

Asset Allocation 278

Asset Allocation Retirement Commission Taxes 278

Nerd's Eye View

SEPTEMBER 27, 2024

Also in industry news this week: As brokerage firms have faced a wave of lawsuits regarding the low interest rates paid on cash sweep accounts, some legal experts believe that RIAs could also be targeted for legal action if they allow clients' uninvested cash to sit in a cash sweep account rather than investing it or moving it to a higher-yielding (..)

Financial Planner 246

Financial Planner Fiduciary Duty CFP Accounting 246

Good Financial Cents

JULY 21, 2022

Available Accounts Individual taxable investment accounts only. Individual brokerage accounts, traditional and Roth IRAs, and custodial accounts. Individual and joint taxable investment accounts; traditional, Roth, rollover, and SEP IRAs. Individual and joint taxable accounts; traditional, Roth and rollover IRAs.

Accounting 98

Accounting Commission Investments Investing 98

Nerd's Eye View

JANUARY 13, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the Federal Trade Commission has proposed a nationwide ban on noncompete clauses in employee contracts, aiming to give employees more freedom to change jobs within the same industry.

Financial Planner 241

Financial Planner Retirement Planning Retirement Compliance 241

Nerd's Eye View

OCTOBER 3, 2022

While the growth of DPL’s marketplace may itself usher in a greater level of annuity competitiveness, as companies are forced to compete for RIA attention not by offering the biggest commissions but by offering the best features and benefits to get through the RIA-as-gatekeeper.

Commission 246

Commission Financial Planning Ethics Planning 246

The Big Picture

DECEMBER 12, 2022

Usually, an illiquid (non-traded) alt is a bit of a nightmare for RIAs: Custodian issues, performance reporting, disclosures, account sign-ups, and allocations are all complex and time-consuming. In the stock market, its anyone with a portfolio or 401k/IRA or trading account. That was part of the attraction, as were the strong returns.

Accounting 299

Accounting Commission Investing Investments 299

Nerd's Eye View

JUNE 12, 2024

For example, if an advisor recommends an investment that prioritizes the commission they would receive rather than any benefit the client would derive from it, they could incur fines and sanctions for violating their fiduciary duty as an advisor.

Fiduciary Duty 245

Fiduciary Duty Risk Tolerance Investing Investments 245

MarketWatch

MARCH 7, 2023

version of the global crypto exchange Binance, can move forward with absorbing customer accounts and around $1 billion in crypto from Voyager Digital, a judge said — despite objections from the Securities and Exchange Commission, the Wall Street Journal reported on Tuesday. Binance.US, the U.S.

Accounting 98

Accounting Commission Assets Marketing 98

The Big Picture

MAY 9, 2024

No audited returns, mathematically improbable claims, and zero accountability But none of these “influencers” sell securities to clients, so they do not fall under the regulatory oversight of the Securities and Exchange Commission (SEC).2 2 Sure, you can claim mainstream media is bad, but social media is worse.

Media 336

Media Taxes Math Investing 336

Nerd's Eye View

JULY 12, 2024

Also in industry news this week: 2 House committees this week advanced legislation that would halt implementation of the Department of Labor's new Retirement Security Rule, which, combined with ongoing lawsuits, threaten to derail the regulation either before or soon after it becomes effective in late September A Federal judge has put the future of (..)

Financial Planner 189

Financial Planner Tax Planning Clients Accounting 189

The Big Picture

FEBRUARY 17, 2024

Wired ) • Realtor Commissions Are Still a Hefty Part of Home Sales. Despite years of technology disruption, home commissions remain stuck near 6%. He was executive vice president of the Markets Group at the New York Fed, where he also managed the System Open Market Account. Maybe Not for Long. 15, 1974. (

Commission 173

Commission Food Banking Management 173

Darrow Wealth Management

NOVEMBER 4, 2024

Consider this: you walk into a Bank of America branch and ask for the best type of savings account on the market. Would you expect them to suggest one of their accounts or tell you to go online and open a high-yield savings account with a competitor? A Google search for financial advisor near me returns over one billion results.

Financial Advisor 61

Financial Advisor Certified Financial Planner Fiduciary Duty Fee Only 61

Zoe Financial

JANUARY 28, 2025

3 It's Expensive Frequent trading and trying to time the market will rack up brokerage commission costs, particularly for smaller investors. Zoe Financial is not an accounting firm – clients and prospective clients should consult with their tax professional regarding their specific tax situation.

Marketing 98

Marketing Marketing Financial Advisor Taxes 98

The Chicago Financial Planner

JANUARY 17, 2022

I’ll let the Securities and Exchange Commission (SEC) explain this in a quote from their website : “An annuity is a contract between you and an insurance company that is designed to meet retirement and other long-range goals, under which you make a lump-sum payment or series of payments. After all, what’s not to like about guaranteed income?

Retirement 185

Retirement Insurance Financial Planner Accounting 185

Nerd's Eye View

DECEMBER 19, 2022

even as the CFP Board has announced its own Competency Standards Commission to raise their own standards regarding who can use the Certified Financial Planner title? Raising the question of whether the FPA is also considering an about-face on its CFP-centricity, too.

Financial Planner 243

Financial Planner CFP Certified Financial Planner Financial Planning 243

The Big Picture

SEPTEMBER 5, 2024

billion in fee only asset flows for the full year 2013; 37% of Morgan Stanley wealth management’s total client assets are now in fee based accounts a record high. Wells Fargo Advisors said at the end of 2013 it had $375 billion in managed account assets, roughly 27% of the $1.4

Wealth Management 228

Wealth Management Assets Fee Only Media 228

MarketWatch

APRIL 4, 2023

The Securities and Exchange Commission charged Charlie Javice with fraud in connection with the $175 million sale of her student-loan assistance company Frank to JPMorgan Chase JPM. The SEC alleges that Javice misled JPMorgan into believing her company had 4.25 million customers, when it had fewer than 300,000. Javice received $9.7

Accounting 75

Accounting Commission Manufacturing Banking 75

Good Financial Cents

OCTOBER 17, 2022

Robinhood attracted these young stock market investors with an easy-to-use mobile app and commission-free trades. To sweeten the deal, Robinhood didn’t require account minimums, so even investors with limited capital could start investing. Margin accounts? ? million individual brokerage accounts. Robinhood Troubles.

Commission 90

Commission Accounting Investments Investing 90

MarketWatch

MAY 30, 2023

Securities and Exchange Commission said late Tuesday. Tolstedt, who retired in 2016 around the time of Wells Fargo’s fake-account scandal, did not admit or deny the SEC’s allegations. The SEC already has settled related charges against Wells Fargo’s former Chief Executive John Stumpf.

Commission 98

Commission Distribution Retirement Banking 98

Good Financial Cents

DECEMBER 29, 2022

Where to Get Started: Many online brokers offer real-time fractional share investing without charging commissions. Simply open an account, transfer some money to get started, and select a portfolio option that aligns with your appetite for risk and your goals. Open an Account. 2: Build a Micro Real Estate Portfolio.

Investing 119

Investing Investments Accounting Commission 119

Harness Wealth

NOVEMBER 12, 2024

Fully Utilize Tax-Advantaged Retirement and Savings Accounts There are multiple steps you can take using retirement accounts to reduce your taxable income. Contribute to Tax-Advantaged Retirement Accounts Do your best to fully contribute to one or multiple tax-advantaged retirement accounts, such as 401(k), 403(b), or IRAs.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Trade Brains

JUNE 24, 2023

Further, if you plan to invest in direct funds through these apps, they can also help you to save an extra commission of 1% to 1.5% The direct plans are cheaper than the regular plans because you will be saving costs in terms of paying commissions to intermediaries. which is a huge advantage. What are Direct Mutual Funds?

Commission 98

Commission Investing Investments Planning 98

Carson Wealth

NOVEMBER 2, 2023

Agents earn a commission for placing a Medigap policy and for helping with the application process. You have to create an account with my Social Security. Have the information below on hand when creating an account at my Social Security. Now that I have my Social Security account, what is the next step?

Insurance 143

Insurance Medical Planning Accounting 143

Tobias Financial

MARCH 11, 2025

In times of economic uncertainty, market fluctuations can create anxiety for investors as they wonder what these changes mean for their savings, retirement accounts, and overall financial strategy. Recently, tariffs implemented by the U.S. This is a publication of Tobias Financial Advisors.

Financial Advisor 52

Financial Advisor Wealth Advisor CFP Commission 52

MarketWatch

MARCH 6, 2023

The company has yet to file its quarterly report for the January-ending quarter with the Securities and Exchange Commission because of an accounting matter that has yet to be resolved. Analysts had estimated ACV billings of $219.6 million on revenue of $425.3 million for the third quarter, and ACV billings of $904.2

Commission 98

Commission Accounting Marketing Marketing 98

MarketWatch

MARCH 14, 2023

DXC agreed to pay an $8 million penalty and tighten up its financial reporting protocols after the Securities and Exchange Commission accused the company of making “misleading disclosures” related to its financials from 2018 to 2020, the agency said on Tuesday. The commission found that DXC violated anti-fraud and financial reporting laws.

Commission 75

Commission Accounting Marketing Marketing 75

Harness Wealth

SEPTEMBER 15, 2023

In the process of growing your accounting firm, building better client relationships is one of the most important elements of long-term success, and that starts with a robust client onboarding process. Client onboarding is the process of welcoming a new client into your accounting firm, but it goes much deeper than that.

Accounting 59

Accounting Clients Taxes Communication 59

Good Financial Cents

JANUARY 27, 2023

Public Public is an investing platform offering commission-free stock trades, and it’s become a hit with young investors just starting. Open an approved brokerage account with Open to the Public Investing. Deposit at least $20 in your account. Let’s dive in! How do you get free stocks with Public?

Accounting 86

Accounting Commission Investments Investing 86

Good Financial Cents

JULY 6, 2023

residents 18+ and subject to account approval. Stash your cash in your emergency fund, which is hopefully held in a high-yield savings account. With the best passive investments, you don’t have to do any work outside of contributing more money to your account every month. Download Now Offer valid for U.S. Save your money.

Investing 98

Investing Investments Accounting Certification 98

Good Financial Cents

DECEMBER 22, 2022

High-Yield Savings Accounts . Open a Health Savings Account (HSA) . High-Yield Savings Accounts. Open a Health Savings Account (HSA). Your investment into index funds is also entirely passive, meaning you can open a brokerage account, invest your $30,000, and leave it to grow and compound over time. Index Funds.

Investing 108

Investing Investments Risk Tolerance Accounting 108

Good Financial Cents

JUNE 11, 2023

One thing that I have craved for investors is a tool that allows you to sync all your financial accounts – your investment portfolio, checking and savings accounts, credit cards and other loan accounts – in one place, and then provides an investment-related analysis of your entire portfolio.

Management 80

Management Investing Investments Accounting 80

MarketWatch

MARCH 13, 2023

“Western Alliance has taken additional steps to strengthen its liquidity position to ensure that we are in a position to meet all of our client funding needs, including increasing our borrowing capacity,” said Western Alliance Chief Executive Kenneth Vecchione in a filing with the Securities and Exchange Commission Monday. “As

Commission 75

Commission Insurance Banking Accounting 75

Good Financial Cents

MARCH 28, 2023

These include investments like commodity futures and fixed annuity contracts which are not registered with the Securities and Exchange Commission (SEC). If your broker is in trouble it’s possible your account could be transferred to another brokerage firm before you even know there’s a problem.

Investing 83

Investing Investments Insurance Accounting 83