Adhesion: Effective Succession Checklist
(Adhesion) Many independent financial advisors feel the term “Succession Planning” is synonymous with selling a practice, or retirement. And while it is a component of a practice sale, succession planning is an involved process which will allow the advisor to determine and track the value of the practice, protect it, and then - over a carefully developed timeframe - implement a plan for transition and practice transfer. Unfortunately, many advisors fail to complete the transition of their practice from one generation to the next.
Goldman Sachs Profit Beats Expectation On Robust Debt Underwriting, Fixed-Income Trading
Goldman Sachs' profit more than doubled in the second quarter and beat analysts' estimates on strong debt underwriting and fixed-income trading.
U.S. Corporate Bankruptcies are Soaring
U.S. corporate bankruptcies are soaring above the pandemic-era peak, adding to the economic alarm bells piling up.
UBS Faces $850,000 Fine for Supervisory Failures
UBS agrees to pay $850,000 to settle allegations of failing to supervise a registered representative who channeled $7.2 million of clients’ money.
Haven Rush, ‘Trump Trades’ on Investor Minds After Shooting
Investors will initially favor traditional haven assets, perhaps lean into trades most linked to former Pres. Trump chances of winning White House.