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Risk Management in Financial Services During 2023 – 10 Key Highlights

Risk Management Guru

As the year 2023 draws to a close, it’s time to reflect on the significant strides made in the realm of Risk Management within the financial services industry. Firms are investing in new technologies and processes to help them identify and mitigate operational risks.

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The Latest In Financial #AdvisorTech (September 2023)

Nerd's Eye View

Welcome to the September 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Startup 246
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PE Firms 119th Street, Pelican Stake New RIA Maridea Wealth

Wealth Management

Maridea, founded in 2023 and managing $470 million in assets, was an attractive investment for its fee-only model and synergy with adjacent financial services, said 119th Streets managing partner.

Fee Only 179
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BEA: Real GDP increased at 4.9% Annualized Rate in Q3

Calculated Risk

From the BEA: Gross Domestic Product, Third Quarter 2023 (Advance Estimate) Real gross domestic product (GDP) increased at an annual rate of 4.9 percent in the third quarter of 2023 , according to the "advance" estimate released by the Bureau of Economic Analysis. annual rate, and residential investment increased at a 3.9%

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Adviser links: client confidence

Abnormal Returns

Podcasts Daniel Crosby talks with Tom Howard about behavioral finance vs. behavioral investing. standarddeviationspod.com) Peter Lazaroff talks with Dasarte Yarnway about the importance of diversity in financial services and how to increase it. mattreiner.com) SEC The SEC is going to focus on the new marketing rule in 2023.

Clients 245
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Announcing IAR Ethics CE Day And The State Of The (Nerd’s Eye View) Blog

Nerd's Eye View

In the early days when financial advisors were first and foremost salespeople for insurance and investments products, the reality is that "advisor training and education" wasn't really about finance or advice… it was mostly just about learning how the company's products worked and how to effectively sell them to consumers.

Ethics 245
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Weekend Reading For Financial Planners (Oct 1-2)

Nerd's Eye View

From there, we have several articles on advisor marketing: How some of the biggest financial services firms are increasing their television advertising and how smaller firms can craft a scalable, cost-efficient marketing strategy.