Reasons Clients Leave Their Financial Advisors

Reasons Clients Leave Their Financial Advisors

Financial transactions are important and risky deals, and to carry out these deals you need someone whom you can trust completely and agree with their decisions. Share market is a volatile market, you cannot exactly guarantee how all the deals will turn out, hence you need someone who understands the market trends and can at least make sure that you lose less money in these transactions. But the financial advisor and client relation may not work out always as expected and this is when the clients decide to leave their financial advisors. Here are some of the top reasons why a client chooses to do so.

1) Losing Money: When a client invests his money in the firm, he expects the advisors to handle it with care. If the advisor makes some transaction-related mistakes the client may lose a lot of money in the process and no one will like that. Investing money in the financial market comes with a risk of losing it completely but if the financial advisor is making mistakes in every deal losing a lot of money every time, the clients will definitely look for better options.

2) Mistakes in accounts: It is the financial advisor’s duty to keep all the accounts and documentation updated. Another reason to leave the advisors can be the mistakes in handling these accounts and documents. The client may not like advisors who fail to keep the documentation updated in a correct order.

3) It is easy to use automated robots: With advanced technology, we can see a lot of automated robots in the market. People find it easy to use these robots and do the transactions on their own instead of depending on the financial advisors to do that, especially, if they are not able to deal with these advisors. These automated robots are easy to use, check Crypto Soft Review to know its amazing benefits.

4) Communication: Clients like advisors who are constantly in touch with them, and let them know about all the changes happening in the market. It can be a frustrating experience if the clients have to chase the advisors every time they want to do any transactions. It is important that the financial advisors are available whenever the clients want to communicate with them.

5) Fees and commissions: The Financial firm or the advisors charge a commission for every transaction they do. Usually, it is a nominal amount, but together it can make up a huge amount, especially if you are not making any profit on the transactions. This can be another reason the clients leave their advisors.

Do it yourself: Be an Independent Financial Advisor

Do it yourself: Be an Independent Financial Advisor

There are so many investment options in the market that it can be difficult to choose the right option. If you are not aware of the market trends and do not know how to go forward with investing, it is better to look for investment advisors. It is an upcoming career trend as many people are looking for help to guide them through investments. If you are a financial advisor and want to start your own independent firm, this article is perfect for you. Here is what you should consider before starting your own firm.

1) Customer relationship: Clients want to be in constant touch with their Financial Advisors and understand every transaction they do. So if you are planning to work independently you need to understand how to deal with your clients, answer all their queries and provide them sufficient time. Clients usually want to deal with the same financial advisors if they like them, irrespective of the firm they are working for so it is important to create and maintain a good relationship with your clients.

2) Hold onto your clients: Many firms allow you to take basic information from your clients with you when you leave the firm, they may also allow you to contact these clients after you leave the firm. This way the clients get an option to follow the financial advisor where ever he is moving. But many firms do not allow this and so it can be difficult for you to contact your clients once you leave the firm. In this case, you can share your personal details with the clients and let them know that you are moving and what your future plans are. So if they want the clients can contact you and you won’t be in any trouble with your previous employer.

3) Know the technology: As an independent financial advisor, you can take help from modern technology by using various automated robots available in the market. Check out Crypto Soft Review here. You can be in constant touch with the market trends using this software and can inform your clients about the changes happening.

4) Check your finances: As with any independent work, finances are important while starting anything new. Money won’t come in as soon as you start so it is important to plan your finances before you think of starting independent work. You can start with some other financial advisors in the beginning and go independent once you have enough finance.

The History Of Ethereum

By now, the Ethereum cryptocurrency is as famous as the Bitcoin, where it is even predicted to overtake the Bitcoins in this 2018, appreciably! This prediction might be true, as the Ethereum is going strong as the second-most cryptocurrency by market cap, only next to the ‘Big Daddy’ Bitcoins. Despite all these, how many of us care to know the reason for the success of the Ethereum aka the History of the Ethereum to understand its popularity better? If you are in the very list, here you go with the facts about the origin of the Ethereum that would help you understand better its purpose and the reason for its surging popularity!

Ethereum’s introduction to the world

Ethereum was developed by the Russian programmer VitalikButerinin 2013! Intrigued by the blockchain technology, he got himself associated with the Bitcoins in 2011 and that was when he felt the urge to create a new platform, whose purpose is beyond the financial use cases of the Bitcoin. About his idea of creating this new platform called Ethereum in his own words,

“I thought [those in the Bitcoin community] weren’t approaching the problem in the right way. I thought they were going after individual applications; they were trying to kind of explicitly support each [use case] in a sort of Swiss Army knife protocol.”


So, in 2013 Buterin released his first white paper describing the purpose of the Ethereum and in the early 2014, along with the other co-founders of Ethereum, Buterin launched a crowdsourcing campaign, in where the Ether tokens, the Ethereum network’s very own cryptocurrency was sold to the participants to raise a whopping $18 million fund for the Ethereum project. In 2015, the Frontier aka the first live release of Ethereum was launched successfully and since then, no going back for the Ethereum at all!

Buterin has also kept his promise of providing a blockchain-based platform, whose purpose is beyond the financial use cases and therefore, with Ethereum

  • It is possible to enjoy several methods of exchange, such as the cryptocurrency exchange using its very own Ether, Smart Contracts, and the Ethereum Virtual Machine, appreciably!
  • Both permission and permission-less transactions are possible, unlike the Bitcoins that allows permission-less or public transactions alone.

Thus, Ethereum with its wide variety of benefits is set to take over the market position of the Bitcoin by 2018, according to experts like Olaf Carlson-Wee, the CEO of hedge fund Polychain Capital! Hence, it is the right time for you to invest in this amazing cryptocurrency, for which this Ethereum Code review would be helpful!


Jobs In Corporate Finance

Jobs In Corporate Finance

A job in corporate finance is concerned with working with an organization to help out them to find funds to run the operations, make acquisitions, grow business, manage the money in hand and plan ahead for the financial future.  You could either work for a huge organization or a small company that has high growth prospects.  You would be having quite a lot of responsibility in the job and the problem-solving skills of yours will be tested in this job.

You could also take time out to indulge in trading to earn additional income while holding the job.  Trading would come easier to you while you are at this job as you are up to date about all the corporate news and economic reforms.  Go through the full report here to know the process.

Characteristics of jobs in corporate finance

The main job of corporate finance is to generate value for the organization.  Majorly all organizations will perform the below-mentioned activities to meet the organizational goals:

  • Creating and implementing the financial policies
  • Monitoring the financial policies
  • Planning and executing financial programs
  • Management of cash resources
  • Interfacing with investors and the financial community

The corporate finance jobs are stable relatively. Continuous performs in the job matter as in this job it is not only about the sales revenue you generate this week or getting great deals by the end of the quarter.  Rather performing well in this job is to ensure that the organization be successful and work with a long-term goal in mind.

Benefits of getting a job in corporate finance

  • You work in teams generally to help you work along with others
  • It gives you immense responsibility and you feel that you matter to the organization when you tackle the business problems.
  • You get the opportunity to travel a lot and meet with people
  • The corporate finance jobs pay well

Various job options in corporate finance

Treasurer – The duties of this job are:

  • Financial planning
  • Cash management
  • Disposing and also acquiring of assets
  • Raising funds

Credit manager- Duties are:

  • Establishing policies to grant credit to the suppliers
  • Setting guidelines for the collection of credit
  • Considering to Securitize receivables

Financial analyst- Duties include:

  • Long-range financial planning
  • Capital budgeting projects
  • Working on budgets
  • Analyzing lease agreements
  • Dealing with derivatives




Apply For A Loan The Right Way

Apply For A Loan The Right Way

To apply for a business loan is quite intimidating.  One would be quite excited about the thought of their business growing but would be scared about the effect it would have on the finances.  Whenever a businessman is in short of the fund, they would approach a financial institution for a loan. Hence it is crucial that one should understand the process and what goes into getting a loan approved.   If you are in a hurry to raise funds, you can trade in cryptocurrency where money could be earned quickly.  One could use the software’s available online.  Read the full report to know more about it.

Below mentioned are a few things you should know before applying for the business loan.

Know your finances- It is quite easy to start preparing for loan application than most businessmen realize.  The first and foremost thing one needs to do is to organize the finances and knowing all the options available to you. Each lender would require a different amount of information. But more or less the information required would be similar and one could easily get access to the checklist for loan application from various websites.

Know about the desired loan amount- The chances of getting loan largely depends on the loan amount. Mostly the financial institution will never give a loan that is more than 8 to 12% of the annual revenue.

Know your purpose- Every lender would want to know for what the purpose you are taking the loan.  You should be specific and upfront in showing you the intent of applying for the loan. If you have an expansion plan, you need to mention clearly the actual usage of the fund.

Annual revenue- The lender should know whether your business is able to make enough money to pay back the loan. If you are generating good revenue, then chances are that you will surely be sanctioned the loan if all other criteria’s are met.

Profitability of business- It is great that if the business is generating strong sales and your bank balance is solid. However, if the business is not showing a profit, then the lenders would be hesitant to grant you a loan. Low in profitability happens when the businesses experience sudden and high growth.

 Follow only best practices- Whenever you fill up the loan application, you need to be truthful and all the information you provide should be accurate. Do not try to give out any misleading information as it will only result in getting your loan rejected.


How To Make Better Returns On Equity?

How To Make Better Returns On Equity?

We all want to make lots of return on our stock market investments. Learn more about how it can be done. Those who are looking at ways evaluate the stocks to better their portfolio end up in some suggestions from the brokers which are normally in a language that they do not understand. The agent also uses jargons that seem complicated like the ROE or the return on equity which is used to evaluate the return on the company stocks.

Understanding ROE

The return on investment is something that that is used to understand and decide which company or industry is the best to do an investment into. ROE is calculated in various ways and this is the net income which the company makes in relations to the equity shareholders.

The shareholder’s equity is the total company assets minus the liabilities and this is only when you consider the common stocks. These do not include the preferred shares. This could be a positive or a negative number. It is positive when the company has more assets as compared to liabilities. It is negative when it has more liabilities as compared to assets.

You want to invest in companies that have positive ROE because if the debt of the company is high then this could cause bankruptcy.

What should you look in an ROE?

The higher is the return the better it is in case of an ROE. When the ROE is high then it indicates that the company is able to generate more income through the operations that happen internally.

The average ROE will be different for each stock sector but when you compare the companies stats are in the same sector then the higher the ROE the better it is.

ROE is not to be used as a static figure. The average ROE can tell you if the company is able to grow and also be profitable. Many of the financial websites offer the ROE which is used as a statistic and this can be used by the investors to gauge which companies are performing well.

You get a better picture of the health of the company when you compare the average ROE of the company over a long time period. First, you will need to view the financial health of the company and then calculate the ROE for each of the financial periods. This takes some time and research but there are also the best of the investment ratios that you can use to make your portfolio.


Meeting Potential Investors for a Small Business

Meeting Potential Investors for a Small Business


You ought to distinguish the speculators who will put resources into your venture and afterward set up together a convincing introduction. While meeting with speculators learn more and make sure to answer inquiries with certainty.


  1. Create an important introduction

You will likely do an introduction to financial specialists that can accept numerous structures. Demonstrate the financial specialist your item or administration. You have to provide the financial specialist a solid thought of your business. Keep in mind that photos speak louder than words. While creating PowerPoint presentations, avoid too much text slides.


  1. Keep it Short

Your introduction ought not to consume over 20 minutes. For PowerPoint presentations, it presentable not to exceed 15 slides. Prepare your introduction until the point you have attained the required length.


  1. Ask for exhortation at the initial meet up

Try not to make a plunge and request cash. A potential speculator requires time to think about the business thought prior to choose if they need to contribute. Similarly, you ought to utilize the initial gathering of the financial specialist’s business learning.


  1. Be genuine

A speculator won’t slack till the point they work diligently. They will need to investigate the company’s financials and will reveal any distortion you create. Continuously be straightforward in your strategy and in your discussions with potential financial specialists. Concede when you don’t have a clue about an answer. A financial specialist will value your genuineness.


  1. Project certainty

Potential financial specialists need to view that you have confidence in the business. Abstain from being haughty, which demonstrates that you are unreliable.


  1. Ask the speculator questions

Any financial specialist will take a proprietorship stake in your business. Hence, you will have to check them too by making inquiries.


  1. Follow up

Following an initial gathering, express gratitude to the speculator by an email. It’s far-fetched that they will consent to contribute after just a single gathering, so you need to maintain the entryways of correspondence receptive always.


  1. Maintain professionalism if rejected

It’s difficult to explain why individuals pick not to put resources into organizations. You probably won’t have been a correct fit, or they may have just put resources into a comparable business. Despite the answer, monitor how you react. Remain proficient and express gratitude toward them for their chance.


  1. Keep attempting

Abstain from being debilitated in case you don’t receive numerous offers, or if the introduction you do ends up in a dismissal. Continue looking, as the ideal financial specialist may turn up anytime.

How Can You Avoid ATM Fees?

How Can You Avoid ATM Fees?

It is no doubt very convenient to be able to withdraw cash wherever and whenever you want thanks to the umpteen ATMs all over the globe. Technology has advanced so much that it is now possible to withdraw cash even in a foreign land.

Being able to withdraw money from an ATM in an emergency is a blessing no doubt more so when you can do it from any bank ATM. But what is not so nice is the fee charged by the bank and not just by one bank but by both the banks – your own bank and the other bank from which you withdrew money. Irrespective of what amount you withdraw you end up paying these two charges. The charges are minuscule in the bigger scheme of things but in the long run, it will add up to a substantial amount. According to a Bankrate survey, ATM fees charged by banks have grown significantly higher over the last two decades.

If you do not want to pay these fees, follow the below tips.

  1. Your bank is your savior: Unless in a dire emergency do not use any other banks’ ATM. Rely on technology and use your banks’ app if it has one, or google to find out where your bank’s nearest ATM is. Ideally, you must plan in advance and make note of your bank branches and ATM en route to your destination and also in the final location. Or the best option is to withdraw the cash you anticipate to spend before you leave.
  2. Put your debit card to use: Not many people are aware that you can use your debit card in storefronts to withdraw cash. Just use your card for some basic purchase and in return ask for cash back. There is a minimum limit that the store can provide but that is still better than paying ATM fees. Moreover, the stores do not charge any service charge for giving you cash against your debit card.
  3. Open an online bank account: It is only the brick and mortar banks that have problems when you use another bank’s ATM. With an online bank, you will never encounter any ATM fees because they do not have their own ATM’s but you can use any bank’s ATM and your online bank will reimburse the fees charged by the bank.

If you do your research you will realize that there are many ways to prevent paying additional charges levied by banks. the onus is on you to find out the complete truth just as I did when I read everything about Crypto VIP Club before trading in it. See this like I did to realize that this system is not a scam and works as a charm for supplementing your income.

How much do you know about binary options?

How much do you know about binary options?

Trading in binary options is not always successful. Despite having access to all financial news 24×7 traders fail to make profits. But this has not deterred others from trying because of the easy availability of online trading platforms not only in binary options but also in cryptocurrency like the Crypto Code; these platforms promise high profits. You can read more about crypto code here in case cryptocurrencies intrigue you, but if your heart is still on binary options read on.

How can you become successful binary options trader?

  1. Know your trading tools

There are several trading tools and they are easily available too and hence it is quite normal to accumulate all the trading tools but if you don’t know how to use them and interpret charts then all your efforts are in vain.  You must develop the skill of reading the charts and be in a position to tell if a price will rise or fall.

  1. Always rely only on tested strategies

The correct trading strategy is the difference between success and failure. You must do your research and identify a strategy that has been consistent and has provided positive results. There are several sites that offer demo trading accounts. You can make use of such accounts and try your strategies till you refine them. Just because it is a demo account doesn’t mean that you must stake large amounts; you must learn all basics of binary options.

  1. Use indicators wisely

A common mistake that all binary options traders do is that they keep using indicators until they realize that they are not as good as they are thought to be. It is time traders realized that relying on indicators completely is a fallacy.

  1. Keep your emotions in check

Actually, this is something that traders in all fields must excel at because uncontrolled emotions can lead to disasters. Trading requires a cool calm mind that can think with clarity and execute with confidence. Don’t let a few losses or hits cloud your decision-making strategies; be disciplined in your trading style.

  1. Never underestimate signals

The market can disrupt the best-laid plans and strategies and those who step aside from their signals pay the price. Unless you are a seasoned player always trade only when the market is right; it does not pay to take any risks of any kind.

There is no easy route to make money and be successful. The above-stated tips should be a part of your skill set and foundation for all trading.

Don’t Make These Costly Mistakes While Banking

Don’t Make These Costly Mistakes While Banking

Knowledge is power, ignorance is a crime especially in the field of finance. It is important for individuals and business to know everything about banking because a single mistake can turn into a costly affair. Don’t make the below mistakes.

  1. As a conscientious individual, it is your responsibility that you never end up paying a maintenance fee for your checking account. It is within your capabilities to ensure that you maintain the minimum balance in your account. You can choose to have your salary deposited into this account or a better option is to choose a bank whose minimal requirements are meetable.
  2. If you are not alert you will have to pay overdraft fees when your account has insufficient funds; overdraft fees are always high. Irrespective of whether the bank approves a transaction or rejects it if you have insufficient funds in your account for a particular transaction you will end up paying a hefty To prevent this from happening to opt out of the overdraft protection. When this happens, if your debit card is not accepted due to insufficient funds you will not be penalized and dumped with a fee. But you cannot opt for overdraft protection in all transactions. The best option is to link your savings and checking accounts and ensure that the checking account has the maximum cash. Even for internal transfer of funds, banks will charge you fees.
  3. Even though using a credit card is an easy option, do not use it as overdraft protection. Not even when the immensely friendly and all-knowing bank representative tries to convince you to link your checking account to the credit card. While it will not be as costly as paying an overdraft fee it is still not cheap by any standards. In this case, you will end up paying several fees instead of one overdraft fee. You will pay:
    • Overdraft protection fee
    • Cash advance fee for the credit card because this transaction will be treated as a cash advance
    • You will also end up paying interest on the cash advance.

A better solution is to use the credit card directly for your purchases.

  1. Savings account must always have minimum balance because the interest rates are really low at 0.01%. But this is not true for all banks, some internet banks offer better interest rate.

Everything is in your hands. With prudence and sense of responsibility, you can avoid all the additional charges banks sneak into your fees all the time. Take the example of Crypto VIP Club, I invested in this trading system only after making sure that it is not a scam like several other systems online. See this to believe that all trading systems are not scams.