As a financial advisor in the increasingly competitive landscape of 2024, differentiating yourself is more critical than ever. One of the most effective ways to stand out and build a thriving practice is by identifying and targeting a specific client niche. By focusing on a particular group of clients with…...
The Cost of Trying to Time the Market: A Risky Gamble
Investing in the stock market is a time-honored method for building wealth. However, not all investment strategies are created equal. One of the most misguided strategies is market timing—attempting to predict market movements and make buy or sell decisions accordingly. While the allure of buying low and selling high is…...
Top 3 Finance Trends for 2024
Currently, the main use cases for AI within finance departments are customer service, fraud detection and risk management. Sixty percent of the individuals we surveyed said they are “very comfortable” using AI technologies. Read the full article at: www.avidxchange.com...
Predictions for the financial services industry in 2024
The word ‘rollercoaster’ best sums up 2023. We’ve experienced economic, geopolitical, technological, and societal challenges over recent months with the ongoing cost-of-living crisis, high interest rates, inflation, global conflicts, catastrophic weather events, the rise in artificial intelligence such as ChatGPT, to name only a few. All of these elements have…...
How Valuable Is A 1% Financial Advisor Fee ?
Planning for retirement and growing your wealth is critical to achieving your financial aspirations. Making informed decisions about your money requires careful analysis, expertise, and a comprehensive understanding of the financial landscape. While many individuals choose to navigate their financial journey independently, seeking the guidance of a professional financial advisor…...
How to Choose a Financial Advisor
There is a financial advisor for every budget and financial situation. Here's a look at the types of financial advisors, and how to choose the right advisor for you. Financial advisors help people manage their money and reach their financial goals. They can provide a range of financial planning services,…...
How to Create an Investment Portfolio for Long Run
If you want to stay on track financially, you'll have to be diligent about every financial decision you make. Whether big or small, these decisions have the potential to impact your financial status. Here are some tips on how to develop healthy financial habits that can help you achieve your…...
7 Accounting Technology Solutions to Modernize Your Firm | CPACharge | myCPE
It’s been almost four decades since accounting software was widely embraced and utilized by the public and professionals alike. How has technology impacted accounting in the years since? As the demands on the industry have evolved, accounting technology solutions are more vital than ever in helping accounting professionals improve performance across every…...
3 Ways Bank Marketing Must Pivot in a Recession
With a recession on the minds of consumers, executives at banks and credit unions might be tempted to cut back on marketing investments. But the opportunity for outsize gains is there for those who are willing to pivot instead. Rather than doing less marketing, try new marketing tactics that strengthen…...
How to Improve Employee Engagement in the Banking Sector
Banking industry leaders are facing significant challenges to manage their talent. According to Quantum Workplace research, only 50 percent of employees in the banking sector are highly engaged and 35 percent are a retention risk. Read the full article at: www.quantumworkplace.com...
Finding and Optimising Top Talent in the Finance Sector
Approaches to HR planning has changed significantly, and they will continue to do so. Amongst the many impacts Covid-19 has had, it’s proved that remote working is not only possible for the banking sector, but that in the right circumstances it can be more productive than traditional working models. This…...
Beside Every Great CEO Stands A Strategic CFO
Gone are the days where the CFO title was synonymous with a shy number cruncher tucked away in a distant (and lonely) finance department. The ideal business partnership now involves striking the balance between an extremely ambitious, fearless, go-getter CEO coupled with an equally grounded strategic CFO. Each position has…...
How To Recruit And Keep Top Talent
Each year, I talk to business owners and CFOs all over the country, and when I ask them what their biggest challenge is, the answer is almost always the same: How do I find and keep the best talent? Especially for businesses that are looking to scale operations but maintain…...
Remote leadership: Key practices for modern CFOs
Maintaining strong leadership of an entire finance team is hard, no question about it. But as CFOs have seen lately, remote leadership can present even more challenges. When the pandemic hit, finance operations everywhere moved from corporate buildings and conference rooms to home offices and kitchen tables. And while some CFOs may…...
The Return of the Finance Talent War
Senior executive hiring has returned at an increased pace over pre-pandemic levels in recent months. Pent-up demand, stimulus-induced growth, and less-than-predicted economic damage have many organizations aggressively seeking to bring in new leadership talent. This year is already among the top five years of recruitment activity I have observed in…...
The new reality for financial services
Now more than ever, the customer is king, and financial services organisations need to be able to cater to changing demand. Unfortunately, a skills shortage to handle digital transformation has exacerbated the challenge. This is driven by a lack of qualified talent to fill new IT roles, and a millennial…...
