by Patrick M. Kelly | Aug 2, 2012 | CPAs, Financial Advisors, Financial Services Industry
How often does a CPA offer tax-efficient investment strategies to their clients? Quite frequently, actually, and without asking for additional pay for this financial advice. John Azodi, a CPA and financial planner personally believes that “every CPA either needs to...
by Patrick M. Kelly | Jul 18, 2012 | Financial Services Industry
John Taft, CEO of RBC Wealth Management and 2011 Chairman of the Securities Industry and Financial Markets Association (SIFMA) has written a new book, “Stewardship: Lessons Learned from the Lost Culture of Wall Street.” Taft, who had a direct role in the financial...
by Patrick M. Kelly | Jun 26, 2012 | Financial Services Industry, RBS
News flash of the week? RBS, the U.K.’s biggest taxpayer-controlled lender, is eliminating 618 branch-based financial advisors as new regulations force lenders to charge clients for the service. By the end of 2012, the Financial Services Authority’s Retail...
by Patrick M. Kelly | Jun 15, 2012 | Financial Services Industry, RIA
A plan to consolidate independent registered investment advisors under one brand name to compete with the big Wall Street brokerage houses already has commitments of interest from 72 firms. Steve Lockshin and Charles Goldman have created Advizent headquartered in...
by Patrick M. Kelly | Jun 8, 2012 | Banks, Financial Services Industry
It is a known fact that the quickest route for commercial banks to achieve revenue growth and generate more fee income is to bulk up in their wealth management business through acquisitions. City National Bank (CYN) in Los Angeles recently struck a deal to buy...
by Patrick M. Kelly | Jun 5, 2012 | Financial Services Industry, Marketing
Talk about clever marketing ideas, I have to hand it to Roswell Wealth Management (RWM) of Bend, Oregon who targeted 125 preferred high-net worth clients on a marketing budget of $25,000 which resulted in 12 new clients and boosted the firms AUM by 60% over its 2010...
