Continuing our series of profiling successful advisors, we had the unique pleasure to sit down with Jordan Smyth, Managing Director of Edgemoor Investment Advisors. Edgemoor, based in Bethesda, MD, is a wealth management firm providing investment management and financial planning services to individuals and families, trusts, retirement plans, non-profit organizations, and foundations. Read more ›
It’s no secret that investment firms have choices when it comes to technology hosting. There are providers out there who will perform basic rack-space hosting or host applications for investment firms only. Where both of these arrangements start to get dicey is over service, support, and long-term commitment. Read more ›
After almost a decade in the offing, the IFRS 9 Financial Instruments accounting standard will finally become mandatorily applicable for financial services organizations as of January 1, 2018.
Why does this matter?
IFRS 9 marks a major change to the way financial instruments must be treated under the International Accounting Standards Board’s (IASB) accounting principles – principles that many markets around the world have now adopted. So it’s vital firms have the accounting capabilities to be able to comply. Read more ›
The term “operational alpha” crept into our industry’s lexicon a couple of years ago. Borrowing a term we use to denote -superior performance above a benchmark, this twist on “alpha” is about improving operational performance by uncovering hidden cost savings and efficiency gains that boost the bottom line. When people in our business hear the term, they get it right away. What they don’t always get is how to achieve it. Read more ›