Financial services
As the Federal Reserve's first rate cut of 2025 comes into effect, high-yield savings accounts, or HYSAs, could face a downturn. This is because lower interest rates may reduce the annual percentage yield, thus eroding the purchasing power of cash savings. Certified financial planners caution that HYSAs are
Financial services
When it comes to creating long-term wealth for your children and grandchildren, structuring your finances correctly is crucial to avoid taxes and bad decisions that can deplete the family's wealth over time. Working with a certified financial planner is advisable, as they can help navigate the complexities of
Financial services
The Pacific Financial Group, Inc. has been recognized as a winner of the 2025 Celent Model Wealth Manager Award in the category of Streamlining Advisor Workflows. This prestigious award acknowledges TPFG's innovative use of technology to enhance advisor efficiency and productivity, delivering exceptional value to clients. TPFG'
Financial services
Envestnet MoneyGuide, a platform that helps registered investment advisors (RIAs) execute on holistic financial plans, has expanded its integration with Flourish, a financial planning platform and part of the Envestnet wealthtech ecosystem. This integration allows advisors using MoneyGuide to easily view their clients' Flourish accounts and balances, enhancing holistic
Financial services
As the UK prepares for the autumn statement, speculation around potential changes to pensions has left many feeling anxious. According to Richard Watkins, a certified financial planner at Continuum, 211,000 people cashed in their pensions in the year to March 2025, a 30% increase from the previous year. This
Financial services
Triad Partners, a financial services organization, announced that its wealth management affiliate, Triad Wealth Partners, has reached a significant milestone by surpassing $1 billion in assets under management (AUM). This achievement reflects the fast-growing advisor network and the firm's commitment to delivering tailored investment strategies for high-net-worth individuals
Financial services
Comprehensive Wealth Management's Vice President and lead advisor, Brian Lockett, has achieved the esteemed Accredited Estate Planner (AEP) designation, a graduate-level specialization in estate planning. This recognition stems from the National Association of Estate Planners & Councils, which sets high standards for education, experience, knowledge, professional reputation, and
Financial services
Wedbush Securities has strengthened its Wealth Management division with the recent appointment of William Floyd as a Financial Consultant. Floyd, who brings over a decade of experience in marketing and finance, joins the company from Texas Capital Bank where he served as Assistant Vice President, Private Client Advisor. With a
Financial services
For many Canadians who grew up spending summer weekends at their family's cottage, the property holds a special place in their hearts. However, passing it down to the next generation can be a complex process, involving financial, legal, and emotional considerations. Baby boomers who want to transfer their
Financial services
With the increasing cost of living and strain on housing, the traditional taboo surrounding personal finance is being challenged by a new trend called loud budgeting. This approach encourages people to openly discuss their financial struggles and goals with friends and family, ending the pretence of keeping up appearances. Zoe
Financial services
As young adults starting post-secondary education this fall, students are navigating a world of newfound freedom, accompanied by significant financial responsibilities. Certified financial planner Shannon Lee Simmons highlights the importance of developing good financial habits early on, including applying for credit cards, opening chequing accounts, and managing day-to-day expenses. With
Financial services
Comprehensive Wealth Management, a family-owned financial services firm, announced that Brian Lockett, CFP, has earned the designation of Accredited Estate Planner (AEP). Administered by the National Association of Estate Planners & Councils, the AEP designation is a graduate-level, multi-disciplinary specialization in estate planning. It recognizes a high level of dedication
