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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. Greater use of data and analytics : Financial services firms are using data and analytics to identify and manage risks more effectively.

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Thriving in Financial Services: Robert Miller’s Leadership Journey

NAIFA Advisor Today

As a graduate of the NAIFA Leadership in Life Institute (LILI), Robert served as the Chair of the NAIFA Governance Committee and was a member of the organization’s Finance Committee. His extensive experience and contributions to the financial advising industry make him a highly respected and accomplished professional.

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NAIFA Expands its Diversity, Equity, and Inclusion Efforts through New Outreach to Financial Services Professionals and Prospective Professionals

NAIFA Advisor Today

The first session focuses on women working in the financial services industry and emphasizes why now, more than ever, it is critical for women advisors to be the voice of the clients in their care. Optimized Financial and Insurance Services , as well as Diane Boyle.

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Adviser links: client confidence

Abnormal Returns

standarddeviationspod.com) Peter Lazaroff talks with Dasarte Yarnway about the importance of diversity in financial services and how to increase it. fa-mag.com) How to advise clients in the government Thrift Savings Plan. Podcasts Daniel Crosby talks with Tom Howard about behavioral finance vs. behavioral investing.

Clients 202
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When Does A Financial Coach Need To Register As An Investment Adviser? The “ABCS” Test To Determine Status

Nerd's Eye View

Over the past several years, the financial services industry has undergone a tremendous evolution in how financial advisers deliver and charge for their services. While commission-based models remain in use, fee-for-service models (including AUM, hourly, retainer, and subscription) have become increasingly popular.

Investing 238
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Wednesday: Job Openings, Fed Chair Powell Testimony, Beige Book, ADP Employment

Calculated Risk

This report is for private payrolls only (no government). House Financial Services Committee • At 2:00 PM, the Federal Reserve Beige Book , an informal review by the Federal Reserve Banks of current economic conditions in their Districts. At 8:15 AM, The ADP Employment Report for February. million from 8.93 million in November.

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BEA: Real GDP increased at 3.3% Annualized Rate in Q4

Calculated Risk

The increase in real GDP reflected increases in consumer spending, exports, state and local government spending, nonresidential fixed investment, federal government spending, private inventory investment, and residential fixed investment (table 2). Within federal government spending, the increase was led by nondefense spending.