We were honored to participate in a panel discussion at a next-generation forum in Hong Kong, alongside industry experts Clifford Ng from Zhong Lun Law Firm and Ivy Choa from TMF Group. During the event, we emphasized the importance of comprehensive financial planning and the invaluable role of insurance. Benjamin Cheng, our Chief Executive Officer, highlighted how insurance can provide liquidity and asset segregation, ultimately creating vital financial protection for families. The upcoming years will undoubtedly be a wealth transfer era. To prepare the next generation to navigate the unforeseen challenges they may face, we should start important conversations to effectively engage them. Some key discussions could include: 1. Fostering financial literacy skills 2. Helping them understand asset allocation strategies to weather market volatility 3. Educating them on the role of insurance in comprehensive financial planning and risk management 4. Engaging the next generation early in wealth planning conversations, such as estate planning and wealth preservation It was great to engage with many future leaders and discuss how insurance can help build financial resilience in their portfolios. By having these thoughtful dialogues today, we can better position them for success in the years to come. #howdenprivatewealth #nextgen #successionplanning #insurance
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Managing Director | GRC focused. Passionate about Compliance, Cybersecurity, AML, ESG, Regulatory Technologies and other solutions for Financial Services. Strong SAAS background with a client centric mindset.
$128.9tn worldwide. This is the Assets under Management forecast for the Wealth Management industry in 2024, with ~5% estimated annual growth rate, projecting a market volume of $158.7tn by 2028. (statista.com) To continue supporting our Wealth Management clients, it is apparent dedicating a practice to enrich our services is paramount. I am excited to introduce the enhanced offering and discuss how we may continue to curate our services to deliver the sophisticated expertise and guidance our clients expect. #compliance #wealthmanagement
Our team understands the unique challenges wealth managers face in today's dynamic regulatory environment. We're excited to announce the next chapter in our journey with the official launch of a dedicated practice group tailored to the needs of wealth management firms. ACA Wealth represents our commitment to support wealth managers in navigating their regulatory obligations and challenges while safeguarding against reputational and financial risks. ACA Wealth signifies our unwavering dedication to providing top-tier expertise and supporting wealth managers as they launch, grow, and protect their business. Click to read more about today’s news here: https://hubs.ly/Q02qf3L40 #ACAwealth #wealthmanagers #partnershipforgrowth
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Supporting vulnerable clients is a crucial part of financial services, ensuring that each individual’s unique needs are identified, understood, and respected. The Vulnerable Customers Professional Assessment from The Chartered Institute for Securities & Investment (The CISI) highlights the importance of empathy, awareness, and applying the right strategies to provide tailored and compassionate guidance. Here’s to continuously raising standards for all clients across the industry. #FinancialAdvisor #ProfessionalDevelopment #ClientCare
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## Latest Industry Alert: Understanding Investment Risks and the Importance of Advisor Due Diligence In an unfolding story that underscores the crucial importance of suitability in investment decisions, Kevin Gutwein, a broker and advisor affiliated with MML Investors Services, faces allegations concerning the advisability of products recommended to clients. According to complaints, disputes have arisen over whole life policies and alternative investment options recommended around July 2022 and December of the same year, respectively. This situation reminds us of the paramount importance of thorough due diligence and the advisor's critical role in aligning investment products with client needs and profiles. Whether you are a consumer or a professional in the financial industry, staying informed about these developments is vital for ensuring that investment practices remain transparent and client-focused. For a comprehensive understanding and ongoing updates on this case, you can access detailed insights [here](https://lnkd.in/ev6YjEWC). 🔍 Remember: The right investment advice is not just about market opportunities; it is equally about matching financial products with investor contexts and objectives. #Finance #InvestmentRisks #DueDiligence #FinancialServices #Legal #Ethics #Transparency https://lnkd.in/ev6YjEWC
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In the global insurance edition of our 2024 institutional investor survey #EQuilibrium, we explore the tactical and strategic themes shaping today’s insurance company investment portfolios. #insuranceinsights https://ow.ly/u96w50QY67H
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CRI TPA Services collaborates with the CRI Family of Companies to support individuals and organizations across various industries in achieving their objectives. Learn more by visiting https://lnkd.in/dDsNC9Sj #CRITPA #TPAServices #FinancialServices #FinancialPlanning #RetirementPlanning
Since its inception, Carr, Riggs & Ingram (CRI) has been dedicated to growing in tandem with our clients' expanding requirements. Our expansion isn't just about size; it's about the scope and quality of our services. From CRI Simple Numbers for strategic business insights to Level Four Advisory Services® for personalized wealth management, and extending to specialized entities like The Preferred Legacy National Trust Bank, our network of portfolio companies ensures that we can meet the unique needs of individuals and organizations across various industries. This strategic expansion is a testament to our commitment to being your trusted partner in navigating personal and professional financial landscapes. Discover how our comprehensive range of services can help you reach your goals by clicking the link below! https://lnkd.in/gia4TmYm #CRIcpa #FinancialServices #WealthManagement #BusinessGrowth #IndustryLeaders #TrustedAdvisor #FinancialPlanning
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•Carr, Riggs & Ingram, LLC •Business Development Executive •Transaction Advisory Services •Strategic Relationship Proponent •High-Level Connector •Networking Evangelist
It is an exciting time to work for such a dynamic organization - I thoroughly enjoy working with all of the portfolio companies that make up the Carr, Riggs & Ingram ecosystem. I keenly anticipate what the future holds. Auditwerx CRI Advanced Analytics Carr, Riggs & Ingram Capital Advisors CRI Simple Numbers Level Four Advisory Services Paywerx The Preferred Legacy National Trust Bank #CarrRiggsandIngram #CPAs #accounting #advisory #MichaelTBingham #BusinessDevelopmentExecutive #businessdevelopment #highnetworthindividuals #familyoffices #privateequityfirms #hedgefunds #venturecapital #angelinvestors #financialinstitutions #communitybanks #healthcareconsulting #hospitalsystems #physiciangroups #learninginstitutions #investmentbanking #realestateinvestmenttrusts #realestatebrokerages #realestatedevelopers #realestateinvestors #businessvaluation #litigationsupport #expertwitnesses #audits #mergersandacquisitions #mortgagecompanies #titlecompanies
Since its inception, Carr, Riggs & Ingram (CRI) has been dedicated to growing in tandem with our clients' expanding requirements. Our expansion isn't just about size; it's about the scope and quality of our services. From CRI Simple Numbers for strategic business insights to Level Four Advisory Services® for personalized wealth management, and extending to specialized entities like The Preferred Legacy National Trust Bank, our network of portfolio companies ensures that we can meet the unique needs of individuals and organizations across various industries. This strategic expansion is a testament to our commitment to being your trusted partner in navigating personal and professional financial landscapes. Discover how our comprehensive range of services can help you reach your goals by clicking the link below! https://lnkd.in/gia4TmYm #CRIcpa #FinancialServices #WealthManagement #BusinessGrowth #IndustryLeaders #TrustedAdvisor #FinancialPlanning
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Podcaster and Insurance Asset Management Expert | Proud Girl Dad | Home of the World's Smartest Money 👩🎓👨🎓 | Register and start learning today | CFA/CAIA CE Credits | Dial 988 for Mental Health Crisis ;🎗️💚
Manulife Investment Management highlights how post-crisis regulatory frameworks aim to strengthen banks' capital reserves, but with evolving accounting rules like IFRS9 and CECL, what’s the long-term impact on profitability? Explore the details by reading the full analysis. https://lnkd.in/gqJFnng6 #InsuranceAUM #RiskManagement #FinancialRegulations
ABC of Regulatory Capital
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### Addressing Allegations in the Financial Industry: A Focus on Accountability In a recent development that underscores the importance of integrity in the financial sector, Samuel Phillips, a seasoned broker and investment advisor at Cape Securities Inc., is facing serious allegations. The claims against him involve serious issues such as misrepresentation, over-concentration, negligence, and insufficient due diligence and supervision, particularly concerning direct investment products like DPP & LP interests. These accusations, detailed in a customer dispute filed on March 27, 2024, are not only significant because of their seriousness but also because they highlight the potential vulnerabilities that investors face in the financial landscape. Such cases serve as a crucial reminder of the need for meticulous oversight and unwavering ethical standards within financial advisory services. The ongoing investigation into these claims is being closely watched by the industry and serves as a critical call to action for all stakeholders to reinforce their commitment to transparency and accountability, ensuring that the trust placed in them by clients is well-founded. For anyone involved in financial services, whether you are on the advising or receiving end, this unfolding situation is a paramount learning opportunity and a reminder of the roles and responsibilities that come with the management of others' assets. 🔗 Learn more about how such issues are being addressed and the implications for both advisors and investors [here](https://lnkd.in/eCkrTVU6). #Finance #InvestmentAdvisory #Ethics #Accountability #Transparency #FinancialServices #InvestmentFraudLawyers #CapeSecurities https://lnkd.in/eCkrTVU6
Broker Samuel Phillips Under Fire for Major Misconduct Allegations at Cape Securities Inc.
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Regulatory Outlook 2024: Uncertainty is the Only Certainty in Policymaking Here’s my insights on the year ahead. 2024 is the “Year of the Vote” across the globe and certain macro themes (technology, geopolitics, sustainability) are obvious however there practical impacts and pace of change are less certain. In an ever changing world the regulatory landscape is also likely to shift; at times erratically! Happy to discuss the report here or with anyone who wishes to get in touch at Adrian.whelan@bbh.com #regulatoryoutlook2024 #ontheregs #BBHInsightsExchange #bbh #geopolitics #esgiseverywhere #yearofthevote #assetmanagement #banking #newparadigm #rabbitorduck #SEC #AML #ESMA #tplus1 #SFDR #systemicrisk #MMFR #ELTIF #LTAF #UCITS #AIFMD #EMIR #ICIGlobal #EFAMA Victor van Hoorn Janet Du Chenne Bevin Wallace Louise Fraser-Mitchell Lisa Faulkner Sarah Teh Killian Lonergan Eamon Brennan Alan O'Sullivan Shawn McNinch Eoin FitzGerald John Siena Sinead McIntosh James Dalton Chris Adams Simone T. Jean Marc Crépin Kate Opie Andrea Dietrich Murray Lydia Gregory Andrew Ritchie Yash Moolchandani Khubchandani Tania Mahler Kishan Singh Kate Kelly
Regulatory Outlook 2024: Uncertainty is the Only Certainty in Policymaking
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In the global insurance edition of our 2024 institutional investor survey #EQuilibrium, we explore the tactical and strategic themes shaping today’s insurance company investment portfolios. #insuranceinsights
Global institutional investor survey | Insurance edition
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