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November 1, 2012
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Financial and wealth management news for the retirement community

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Embrace Disruptive Innovation
Traditional business is constantly being impacted by overwhelming and sudden shifts in the marketplace. This new normal is "disruptive innovation". Read this white paper to learn what disruptive innovation is and how your company can use cloud ERP to stay in the game.
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  Industry Update 
 
  • Higher taxes would hurt retirement savings, boomers say
    More than half of baby boomers say they'd put less money away for retirement if their income-tax rate increased, according to a survey by the Insured Retirement Institute and Welfel Research. Almost 4 in 10 boomers also said they'd save less if the capital-gains-tax rate increased. InvestmentNews (free registration) (10/31) LinkedInFacebookTwitterEmail this Story
 
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Get with the flow. How payment processing affects cash flow.
Cash flow is the lubricant of business. Without a healthy cash flow, business dries up. It stops. It can't function. Which is why it is vital to keep the revenues coming in as the expenses go out. But there's one aspect of cash flow that many of us are not aware of. It is how managing credit cards and other such non-cash payments affect cash flow. Turns out it has a huge affect. Download the free guide today.
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  Financial Literacy 
 
  • Succession plans are more crucial than ever, expert says
    Many small-business owners assume they'll sell their operation and retire with the proceeds, but they don't have a detailed plan in place to help them do so, Rieva Lesonsky writes. "[I]f you're expecting the sale of your business to be easy, you're likely in for a rude awakening," she writes. "If you haven't already done so, start now to work with your attorney and accountant and get advice on how to build value in your business." Small Business Trends (10/31) LinkedInFacebookTwitterEmail this Story
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  On the Economy 
  Building Your Practice 
  • Sandy's 4 lessons for financial advisers
    Financial advisers who weathered Hurricane Sandy and other natural disasters said they learned four important lessons: Before a disaster strikes, advisers should help clients become comfortable with online meetings; buy a generator to provide backup power; emphasize to clients the importance of documenting even small amounts of property damage; and electronically back up client documents at several secure locations. Reuters (10/31) LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Without deviation from the norm, progress is not possible."
--Frank Zappa,
American singer-songwriter


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