Close to two in three financial advisers and wealth managers are predicting strong growth in their number of clients, according to research from Ortec Finance https://lnkd.in/eZs_ViPZ #financialadvisers #ifa #wealthmanagers #financialclients
PA Adviser’s Post
More Relevant Posts
-
USA Today has listed Diversified as a Best Financial Advisory Firm. Diversified is ranked #19 on the list of 500, and contributing factors to the ranking include assets under management, growth and recommendations from clients and peers. Diversified was also ranked 7th in the AUM category for assets between 1-5 billion. Diversified is headquartered in Wilmington, DE and has offices in Wayne, PA, Birmingham, AL, Alpharetta, GA, Cape Cod, MA and Northampton, MA. USA Today 2024 Best Financial Advisory Firms report is an annual survey that ranks companies based on AUM (assets under management), growth and recommendations from clients and peers. Data is obtained via Statista. Diversified did not pay a fee to be included. This ranking was released on April 24, 2024 and covers the time period of April 2023-2024. The award provider is USA Today based on data from Statista. Criteria for the award includes RIA, US based, AUM growth and client/peer recommendations. https://ow.ly/2Kuu50Roinz
-
-
🔍 Unlock Your Finance Function's Full Potential with our Finance Health Check!🔍 Discover how well your financial processes are performing by using our health check tool. YRH Finance Team https://lnkd.in/edF57UMx 🌟 Why it Matters: A thorough evaluation of your finance function can reveal crucial insights, identify inefficiencies, and highlight opportunities for growth. Our Finance Health Check will assess your financial systems, processes, and controls, providing you with a detailed report and actionable recommendations. 💼 Benefits You'll Gain: - Improved Efficiency: Streamline your financial operations and reduce time-consuming tasks. - Enhanced Accuracy: Ensure your financial data is precise and reliable for better decision-making. - Cost Savings: Identify cost-saving opportunities and optimise resource allocation. - Strategic Insights: Gain a deeper understanding of your financial health to inform strategic planning. - Risk Mitigation: Uncover potential risks and implement stronger financial controls. 🌐 How We Do It … FURTHER: Our team of experienced finance professionals can conduct a meticulous review of your finance function, leveraging best practices and industry standards. We’ll provide you with a clear roadmap to enhance performance, increase transparency, and support sustainable growth. 🎯 Take Action Today: Empower your business with the insights needed to thrive. Please reach out for a no obligation conversation to find out more information on how we can help you. #FinanceHealthCheck #FinanceFunction #BusinessGrowth #FinancialExcellence #YRHFinanceTeam #Efficiency #CostSavings #RiskMitigation #StrategicPlanning
-
📊 Understanding the Management of Earnings & Discretionary Accruals 💼 Earnings management is a practice where companies adjust their financial data to meet specific targets, such as hitting profit benchmarks or smoothing income over time. This can be done through various means, but one of the key tools used is discretionary accruals 🧮 these are the adjustments made by management to accounting estimates, like bad debt provisions or depreciation, which can influence the reported earnings. When used appropriately, earnings management and discretionary accruals can help present a more accurate picture of a company’s financial health. For example, adjusting for seasonal fluctuations or one-time events can give stakeholders a clearer view of the company’s ongoing performance. However, when these tools are used to manipulate earnings for short-term gains, they can lead to misleading financial reports 📉, eroding trust and potentially leading to regulatory scrutiny or legal issues. To maintain ethical standards in financial reporting, it’s crucial for businesses to manage earnings and discretionary accruals with transparency and integrity. This means aligning these practices with long-term business goals rather than focusing on short-term gains. Proper management ensures that stakeholders be they investors, employees, or regulators can trust the financial information being presented. Ensuring your company’s financial practices are both effective and ethical is essential for sustainable success. Want to make sure your earnings management and discretionary accruals align with best practices? Contact SLONEC today 📞 📧 #EarningsManagement #DiscretionaryAccruals #FinancialReporting #BusinessIntegrity #SLONEC #SustainableBusiness #TransparencyMatters
-
-
✨𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗠𝗼𝗱𝗲𝗹𝗹𝗶𝗻𝗴 ✨ Imagine a place where the finest financial modellers come together, to empower you with the tools to understand, forecast, and excel. That’s what the Financial Modelling Cooperative (FMC) is all about - collaborating to bring clarity, precision, and value to your financial decisions. 🔹𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴 𝗧𝗵𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗠𝗼𝗱𝗲𝗹𝗹𝗶𝗻𝗴 𝗖𝗼𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝘃𝗲 (𝗙𝗠𝗖) A network of independent financial modelling experts, FMC is here to provide you with top-tier advice across Europe. Mark Ringrose , Sebastian Szameitat, AFM and Thomas van de Sande from have formed the Financial Modelling Cooperative to ensure highest financial modelling quality to our clients. Whether you're aiming to better understand company performance, improve your forecasting, secure a more favourable deal, or build your own models, our team is ready to help. 🔹 𝗪𝗵𝘆 𝗙𝗠𝗖? We’re fully compliant with the FAST standard, ensuring your models are error-free✅, responsive🏃♂️, and easy to navigate🗺️. Our services span three key areas: 1️⃣ 𝘊𝘶𝘴𝘵𝘰𝘮–𝘣𝘶𝘪𝘭𝘵 𝘮𝘰𝘥𝘦𝘭𝘴 for complex investments We’ll create a tailored financial model from scratch, giving you confidence in every step of your investment process. 2️⃣𝘛𝘳𝘢𝘪𝘯𝘪𝘯𝘨 𝘧𝘰𝘳 𝘴𝘦𝘭𝘧-𝘴𝘶𝘧𝘧𝘪𝘤𝘪𝘦𝘯𝘤𝘺 Want to develop your own models? We’ll train you, step by step, to become fully proficient in building financial models yourself. 3️⃣𝘐𝘯𝘥𝘦𝘱𝘦𝘯𝘥𝘦𝘯𝘵 𝘮𝘰𝘥𝘦𝘭 𝘳𝘦𝘷𝘪𝘦𝘸 Received a model but unsure if it holds up? Our experts will meticulously review it, ensuring clarity, accuracy, and reliability. 🌐 Discover more on our new website https://lnkd.in/esExyXBM. Send us a message to learn how we can support your financial modelling needs. #FinancialModelling #FMC #FinancialModellingCooperative #FASTStandard #InvestmentModels #ModelTraining #ModelReview #FinanceExperts #BusinessStrategy #EmpowerYourFinance #EuropeBusiness #CooperativeFinance
-
-
"Peek Over the Fence" Helping financial advisors/teams through a refreshing and unbiased approach, connecting you with the right people, the right firms, negotiations and transition.
What’s driving RIA, M&A today. More buyers than sellers are one factor. Another factor to consider is valuation and Price. They can be complex components of structuring any deal. Today, Jeff Nash with Bridgemark Strategies, helps break it down into bites you can digest. He created the acronym, "PRICE": o People o Revenue o Increase (YOY) o Clients o Ebidta Take a peek at Jeff’s recent interview with AdvisorHub, Valuation Insights: What Contributes to the PRICE of a Financial Advisory Practice?
I work with Financial Advisors considering changing BDs or RIAs or selling their business. As CEO/Co-Founder at Bridgemark Strategies we help hundreds of advisors per year.
How do you calculate the PRICE of your financial advisory business? There are many factors … and I’ve identified the five most important ones and came up with an acronym for the word PRICE to help everyone remember. I have spent decades in the M&A arena and have captured more than a few insights. In my new AdvisorHub article, I delve into the components that drive PRICE in today’s environment – and why. Visit AdvisorHub to learn why People, Revenue, Increase YoY, Clients, and EBIDTA are the name of the pricing game in the wealth management space. Thank you to the team at AdvisorHub for the opportunity to share my thoughts with your readers! #bridgemarkstrategies #PRICE #wealthmanagement #advisorhub #financialadvisor #successionplanning #RIA
Valuation Insights: What Contributes to the PRICE of a Financial Advisory Practice?
https://www.advisorhub.com
-
Here's an interesting article for you. Please feel free to leave a comment below with your thoughts. #FinancialWellbeing #TakeControl #MoneyMatters #FinancialEmpowerment
How to shake up your long-term plan as another challenging year approaches
compoundwealth.uk
-
Are fee structures evolving as quickly as anticipated? InvestmentNews’ latest Outlook 2024 survey reveals almost half of advisors still rely on commission-based fees, with 81% using AUM-based models. Experts like Charles "Chuck" Failla, CFP® and Amanda Muse discuss why commission-based options remain relevant, citing ease, legacy revenue streams, and product availability. As Adrian Johnstone notes, the core of the pricing debate should focus on transparency and value. https://hubs.la/Q02Wt4nc0
What role do commission fees now play for advisors?
investmentnews.com
-
CCO of Parmenion the digital investment solutions partner for financial advice firms l Chairman of ebi Portfolios | ex Board Member at Personal Investment Management & Financial Advice Association (PIMFA)
Finally..... a really objective analysis of the issues at play in the decision to 'run your own platform'. Well done to Jason Said and the wider KPMG UK Team for calling out the issues at play. I have long held the view that there has been a trend in the UK market to oversimplify to challenges and to underestimate the governance/oversight that comes with taking on safeguarding permissions. You can outsource the work but you can't outsource the regulatory responsibility.
The UK financial advice market is undergoing significant transformation, driven by evolving business models and strategic consolidations. This consolidation is reshaping the landscape, driving efficiencies, and enabling smaller firms to leverage larger networks and resources. Moreover, an innovative shift is occurring with more financial advice organisations embracing the "adviser as a platform" model. This approach involves firms taking on the responsibility of providing their own platform and custody services. By doing so, these organizations aim to offer more tailored, seamless experiences for their clients, enhance operational control, and potentially reduce costs. A key trend is the active role of Private Equity in driving consolidation activity across the adviser and platform market, posing both opportunities and challenges for businesses. As these trends continue to develop, it's crucial for stakeholders to stay informed and adaptable. The evolution of the adviser market underscores the dynamic nature of financial services in the UK, presenting new avenues for growth and innovation. To provide deeper insights into these developments, KPMG have developed a comprehensive State of the Market Report derived from our work with our partners in industry.📣 📣 Four key considerations are – 1. Scale - For the ‘adviser-as-platform’ model to be a commercially viable undertaking, adviser businesses must be at significant scale in terms of advisers and assets so as to justify the commitment of substantial capital and resources. 2. Capital - advice businesses should not assume they can rely on minimum capital buffers, and in most cases would be required to hold significantly more capital. Permissions, key controls and resulting capital arrangements are likely to change. 3. Price and Value - adviser charging structures need to demonstrate value and the arrangements must demonstrate that good customer outcomes will be delivered. 4. Incumbent players - For incumbent platforms to remain competitive and retain attractiveness to the full breadth of the market, they will need to consider their current models carefully and evolve appropriately. For access to the report, please reach out either by direct message or email at [email protected].✨ ✨ 💼 What are your thoughts on these developments? How do you see the future of financial advisory services evolving in light of these changes? #FinancialAdviser #PrivateEquity #FinancialServices #UKMarket #Innovation #AdviserAsAPlatform #BusinessModel #FinancialAdvisory #WealthManagement
-
-
An interesting report from KPMG about the different models and associated implications. What adviser *wouldn’t* want to control the customer experience they give to their clients? It makes sense. What isn’t talked about is the implications of running a platform and whether it gives the expected control/cost/benefit. Having been in the investment platform space for long time, I recognise that platforms are a service business, with scale paramount. I maintain that is true for advice firms wanting to become a platform too, and whilst it will work for the very large few, most advisers I speak to would rather we solved the industry’s service problems than take on the task of running a platform. For advisers out there thinking about it, this report is worth a read, then maybe give us a call !!
The UK financial advice market is undergoing significant transformation, driven by evolving business models and strategic consolidations. This consolidation is reshaping the landscape, driving efficiencies, and enabling smaller firms to leverage larger networks and resources. Moreover, an innovative shift is occurring with more financial advice organisations embracing the "adviser as a platform" model. This approach involves firms taking on the responsibility of providing their own platform and custody services. By doing so, these organizations aim to offer more tailored, seamless experiences for their clients, enhance operational control, and potentially reduce costs. A key trend is the active role of Private Equity in driving consolidation activity across the adviser and platform market, posing both opportunities and challenges for businesses. As these trends continue to develop, it's crucial for stakeholders to stay informed and adaptable. The evolution of the adviser market underscores the dynamic nature of financial services in the UK, presenting new avenues for growth and innovation. To provide deeper insights into these developments, KPMG have developed a comprehensive State of the Market Report derived from our work with our partners in industry.📣 📣 Four key considerations are – 1. Scale - For the ‘adviser-as-platform’ model to be a commercially viable undertaking, adviser businesses must be at significant scale in terms of advisers and assets so as to justify the commitment of substantial capital and resources. 2. Capital - advice businesses should not assume they can rely on minimum capital buffers, and in most cases would be required to hold significantly more capital. Permissions, key controls and resulting capital arrangements are likely to change. 3. Price and Value - adviser charging structures need to demonstrate value and the arrangements must demonstrate that good customer outcomes will be delivered. 4. Incumbent players - For incumbent platforms to remain competitive and retain attractiveness to the full breadth of the market, they will need to consider their current models carefully and evolve appropriately. For access to the report, please reach out either by direct message or email at [email protected].✨ ✨ 💼 What are your thoughts on these developments? How do you see the future of financial advisory services evolving in light of these changes? #FinancialAdviser #PrivateEquity #FinancialServices #UKMarket #Innovation #AdviserAsAPlatform #BusinessModel #FinancialAdvisory #WealthManagement
-
-
How can insurers enable the finance workforce of the future? #CanadaFinance
How can insurers enable the finance workforce of the future? #CanadaFinance
https://cashnews.co
