This week the Federal Reserve announced a 50bps interest rate cut taking the Fed Funds Target rate to 4.75 - 5 percent, the first cut in over four years, and signaling that the easing cycle has commenced. The announcement was one of the most anticipated and talked about in recent…...
Finding Your Financial Advisor Niche in 2024: Tips to Stand Out and Succeed
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…...
4 Key Areas Financial Services Should Focus on in 2024 for Growth
As financial services (FS) institutions look for ways to spur organic growth, the importance of catering to customers of various language backgrounds stands out. With growth potential in mind, we've identified and laid out four pivotal areas that demand the undivided attention of FS organizations. (Our clients can attest that…...
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...
Robo Advisors vs. Financial Advisors |
Here’s what you need to know about robo advisors (also called automated investing) and how it’s different from working with a real-life financial advisor. Investing can feel overwhelming, especially if you’re new to it, are exploring new types of investments, or have complex finances. Working with a financial advisor is…...
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,…...
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…...
Hospitality Financial Leadership – How to Prepare a 5-Year Proforma
Preparing a five-year financial plan for your hotel might sound daunting, but it is all in your head. Let’s lay it out. You are either dreaming about a business that does not exist yet and you need a plan, or you are up and running and you want to look…...
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…...
What kind of leader do your finance staffers really need?
As a high-level leader, it can be hard to gauge and determine exactly what your finance team wants and needs from you. When should you give them more attention? When should you pull back? Do they want some gentle handholding or to be pushed harder for greatness? Of course, there…...
Scaling remote leadership
Remote working has been on a global upward trajectory, with the U.S alone witnessing a 103% increase over the last decade. In 2021, this growth will likely accelerate with organisations forced to limit physical interaction and scale up work-from-home alternatives. With remote working showing no signs of slowing down, leading and managing…...
People and profits: What it takes to be a revolutionary CFO
CFOs have been an invaluable commodity during the pandemic, steering businesses through disruption and making the tough choices needed to ensure continuity. Yet it takes a special breed of CFO to pull a business out of survival mode and back into growth, competitive differentiation and innovation. Businesses have lived with…...
How Financial Services Can Win the War for Technology Talent
According to a report commissioned by the UK’s Treasury, Britain’s financial services system is experiencing an existential skills crisis. Why? As digital start-ups have moved quickly to offer desirable working benefits such as flexible hours or learning and development opportunities, financial institutions have been comparably slow to react to new workplace…...
Should You Become An Accountant?
The list of possible careers is an incredibly large one. To those trying to decide on a path for the rest of their life, it may seem to be an endless list. So many possibilities and a variety of specialties within each career path. There are many decisions to make…...
The evolution of the finance team
The COVID-19 pandemic has left no individuals, families or businesses unaffected. For businesses, the overall economic uncertainty, as well as having to adapt to remote working due to shelter in place orders, has put business planning processes under immense pressure, with calibrations needed even faster and with more frequency. Just…...
