Credi Corp Securities Headlines: MacMillan wins AFA Adviser of the Year

http://credicorpsecurities-news.com/2011/10/credi-corp-securities-headlines-macmillan-wins-afa-adviser-of-the-year/

West Australian financial planner, Troy MacMillan, has taken out the top gong at the Association of Financial Advisers (AFA) annual conference and been named Adviser of the Year for 2011.

The award, sponsored by Zurich Financial Services Australia, was announced last night at the closing Gala Awards Dinner in front around 650 delegates.

AFA chief executive, Richard Klipin, said MacMillan was chosen due to his superior client service, strong community involvement and streamlined systems and processes.

“Troy’s strong all-round practice and absolute commitment to excellence ultimately set him apart from his peers.”

MacMillan, from The Wealth Designers, said he was honoured by the award and to be part of the advice community.

In an earlier address, MacMillan said his firm of four advisers specifically focuses on clients across a broad spectrum of $12,000 to $70,000 annual fees with its advisers providing 12 “value-add” items for a client every year.

“We have operated in a full fee-for-service model for two years now and we have one fee that we give clients. No entry fees, no management fees, nothing like that.”

Wealth Designers already operates under an annual opt-in arrangement with a yearly re-engagement meeting with all clients.

“Being a value-based financial planning practice, we engage a client for 12 months. At the end of that 12 months, we re-engaged them again and discuss their strategy, how the year progressed and plans for the next 12 months,” said MacMillan.

“We have been doing opt-in for a couple of years now and we have had no trouble re-engaging the client, if anything, it allows us to lift the fees once we have demonstrated significant value to the client.”

MacMillan also said his practice works closely with accountants and lawyers to maintain strong referral relationships.

“We have a 75% referral rate from accountants.”

There were five finalists in this year’s event besides MacMillan, including Craig Ball, The Carter Group (QLD), Anne Graham, McPhail HLG Financial Planning (VIC), Mark Rando, Rando & Associates (WA), Nicholas Sinclair, Wealthfarm ( QLD) and Brian Woods, Nexus Wealth Management (WA).

“It’s fair to say that all of this year’s finalists excelled in the four key areas – giving advice, business acumen, community service and industry service,” Klipin said.

The judging panel including Klipin, Dr Rebecca Sheils, director of research at Beaton Research and Consulting, Brad Fox, president of the AFA, Peter Sobels, director of Riskinfo, Philip Kewin, general manager sales and marketing for Zurich Retail Risk, Marc Fabris, national manager sales strategy and research for Zurich Life Risk and Graham Peatey, managing director for Encore Group.

Financial Headlines

http://credicorpsecurities-news.com/category/financial-headlines/


Credi Corp Securities Headlines: MacMillan wins AFA Adviser of the Year

West Australian financial planner, Troy MacMillan, has taken out the top gong at the Association of Financial Advisers (AFA) annual conference and been named Adviser of the Year for 2011.
The award, sponsored by Zurich Financial Services Australia, was announced last night at the closing Gala Awards Dinner in front around 650 delegates.




AFA chief executive, Richard Klipin, said MacMillan was chosen due to his superior client service, strong community involvement and streamlined systems and processes.
“Troy’s strong all-round practice and absolute commitment to excellence ultimately set him apart from his peers.”





MacMillan, from The Wealth Designers, said he was honoured by the award and to be part of the advice community.
In an earlier address, MacMillan said his firm of four advisers specifically focuses on clients across a broad spectrum of $12,000 to $70,000 annual fees with its advisers providing 12 “value-add” items for a client every year.
“We have operated in a full fee-for-service model for two years now and we have one fee that we give clients. No entry fees, no management fees, nothing like that.”
Wealth Designers already operates under an annual opt-in arrangement with a yearly re-engagement meeting with all clients.
“Being a value-based financial planning practice, we engage a client for 12 months. At the end of that 12 months, we re-engaged them again and discuss their strategy, how the year progressed and plans for the next 12 months,” said MacMillan.
“We have been doing opt-in for a couple of years now and we have had no trouble re-engaging the client, if anything, it allows us to lift the fees once we have demonstrated significant value to the client.”
MacMillan also said his practice works closely with accountants and lawyers to maintain strong referral relationships.
“We have a 75% referral rate from accountants.”
There were five finalists in this year’s event besides MacMillan, including Craig Ball, The Carter Group (QLD), Anne Graham, McPhail HLG Financial Planning (VIC), Mark Rando, Rando & Associates (WA), Nicholas Sinclair, Wealthfarm ( QLD) and Brian Woods, Nexus Wealth Management (WA).
“It’s fair to say that all of this year’s finalists excelled in the four key areas – giving advice, business acumen, community service and industry service,” Klipin said.
The judging panel including Klipin, Dr Rebecca Sheils, director of research at Beaton Research and Consulting, Brad Fox, president of the AFA, Peter Sobels, director of Riskinfo, Philip Kewin, general manager sales and marketing for Zurich Retail Risk, Marc Fabris, national manager sales strategy and research for Zurich Life Risk and Graham Peatey, managing director for Encore Group.

Credicorp Securities Headlines: New World Order – so it really does exist

http://credicorpsecurities-info.com/2011/10/credicorp-securities-headlines-new-world-order-%E2%80%93-so-it-really-does-exist/

Three complex systems theorists at the Swiss Federal Institute of Technology in Zurich analysed the relationships between 43,000 transnational corporations (TNCs) and identified that a relatively small number of companies, mainly banks, hold a ‘disproportionate’ level of power over the global economy.

The top ten names involved will be well known to most people:

1. Barclays plc
2. Capital Group Companies Inc
3. FMR Corporation
4. AXA
5. State Street Corporation
6. JP Morgan Chase & Co
7. Legal & General Group plc
8. Vanguard Group Inc
9. UBS AG
10. Merrill Lynch & Co Inc

The one name that a lot of people would expect to see at or near the top especially after the Alessio Rastani / BBC interview), Goldman Sachs inc, comes in at number 18.

The research, conducted by Stefania Vitali, James B. Glattfelder, and Stefano Battiston was conducted with the reality of the situation in mind, not any political dogma. But what it brings to light should concern us all, “We find that transnational corporations form a giant bow-tie structure and that a large portion of control flows to a small tightly-knit core of financial institutions. This core can be seen as an economic “super-entity” that raises new important issues both for researchers and policy makers” it says in the report (The network of global corporate control).

But before all the conspiracy theorists get excited, this research indicates that it came about more as a system evolution, not with any controlling force behind it.

Whatever your feelings about how this came about some are saying that this shows how delicate the whole system is because the tight connectedness is so prone to contagion.

But while it shows a ‘super-entity’ of 147 companies holds huge control over much of the money it does say that the ability for them to exert any real political control is very limited. It seems that the connections are all based on business rather than politics.

But therein lies the politics. If all the world’s economic and financial decisions are made purely on making money for the few and retaining it within their grasp, as well as it being a very vulnerable set-up, how can that possibly be good for the rest of us who have no say over its use?

Credi Corp Securities Financial Capital Management Reviews News Blog CrediCorp Securities Zurich News Reviews

http://credicorpsecurities-info.com/

uthor: Credi Corp SecuritiesCategory: Technology

Three complex systems theorists at the Swiss Federal Institute of Technology in Zurich analysed the relationships between 43,000 transnational corporations (TNCs) and identified that a relatively small number of companies, mainly banks, hold a ‘disproportionate’ level of power over the global economy.

The top ten names involved will be well known to most people:

1. Barclays plc
2. Capital Group Companies Inc
3. FMR Corporation
4. AXA
5. State Street Corporation
6. JP Morgan Chase & Co
7. Legal & General Group plc
8. Vanguard Group Inc
9. UBS AG
10. Merrill Lynch & Co Inc

The one name that a lot of people would expect to see at or near the top especially after the Alessio Rastani / BBC interview), Goldman Sachs inc, comes in at number 18.

The research, conducted by Stefania Vitali, James B. Glattfelder, and Stefano Battiston was conducted with the reality of the situation in mind, not any political dogma. But what it brings to light should concern us all, “We find that transnational corporations form a giant bow-tie structure and that a large portion of control flows to a small tightly-knit core of financial institutions. This core can be seen as an economic “super-entity” that raises new important issues both for researchers and policy makers” it says in the report (The network of global corporate control).

But before all the conspiracy theorists get excited, this research indicates that it came about more as a system evolution, not with any controlling force behind it.

Whatever your feelings about how this came about some are saying that this shows how delicate the whole system is because the tight connectedness is so prone to contagion.

But while it shows a ‘super-entity’ of 147 companies holds huge control over much of the money it does say that the ability for them to exert any real political control is very limited. It seems that the connections are all based on business rather than politics.

But therein lies the politics. If all the world’s economic and financial decisions are made purely on making money for the few and retaining it within their grasp, as well as it being a very vulnerable set-up, how can that possibly be good for the rest of us who have no say over its use?