More than one-third of Americans, some 36 percent, dont have a strong understanding of what a financial advisor does, according to a recent study from financial advisory firm McAdam. This goes up to 46 percent for millennial respondents.



“Staff in today’s employment environment want to be productive and earn more money but I cannot raise my rates for competitive purposes,” said Braglia who is a New York-based, fee-only advisor with $110 million assets under management.

According to Department of Labor data, the new overtime rules will impact 4.2 million Americans and financial advisory practices could soon find themselves requiring lower-level supervisors, managers and professional staff to maintain timesheets or to log in to a time tracking system even when they are telecommuting.
The psychological impact of time tracking on the average professional worker is limiting to their growth,” said Diya Obeid, founder and CEO of JobDiva, a Software as a Service (SaaS) staffing solution in New York.

Delegating to independent contractors is one way financial advisors are planning to navigate around stricter labor laws.
“I am leaning towards outsourcing to another financial advisor because paying overtime is expensive,” said Schmansky. “They have experience, they know the software and I don’t have to train them.”

SimplyParaplanner.com and a job board maintained by XY Planning Network connect advisory firms with financial planners who outsource services that include data entry, building reports, placing trades, processing account applications, scheduling, financial planning, running projections and even marketing and book-keeper duties.

“The good news,” Moore said, “is that the Uber-fication of our economy is such that smaller advisory firms don’t have to hire full time employees anymore.”

Juliette Fairley is a business and finance journalist who has written four personal finance books for John Wiley amp; Sons and has written for major news organizations, such as The New York Times and The Wall Street Journal. She is a member of the American Society of Journalists and the New York Financial Writers Association and a graduate of Columbia Universitys Graduate School of Journalism. Juliette can be reached at [email#160;protected]
 Entire contents copyright 2016 by AdvisorNews. All rights reserved. No part of this article may be reprinted without the expressed written consent from AdvisorNews, powered by InsuranceNewsNet.



(via Thenewswire.ca)

HALIFAX, NOVA SCOTIA / TheNewswire /June 21, 2016 - Greg Isenor, President and CEO of Merrex Gold Inc., (Merrex or the "Company") (TSX Venture: MXI) announces:

Financial Advisory

The Company has completed a financial advisory services engagement with Haywood Securities Ltd. and in consideration thereof has paid to Haywood Securities Ltd. $38,000 and, subject to the approval of the TSX Venture Exchange, will issue 190,000 share purchase warrants exercisable at $0.30 per warrant share for a term of 36 months from the date of granting. All securities issued will be subject to a four (4) month hold period.

Merrex is primarily a West African focused gold exploration company with experienced management, a solid exploration team, a prominent gold-producer as a JV partner and an expanding gold resource.

For further details about the Company's exploration activities visit Merrexs website at www.merrexgold.com. To be added to Merrex's email contact list please email your request to [email#160;protected].

On Behalf of the Board

Gregory Isenor

Gregory Isenor, P.Geo.
President CEO


MERREXGOLD
Suite 802, 1550 Bedford Highway,

Bedford, NS B4A 1E6

Tel.: (902) 832-5555 Fax: (902) 832-2223

Forward Looking Statement

This news release contains forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding expected, estimated or planned gold and niobium production, cash costs, margin expansion, capital expenditures and exploration expenditures and statements regarding the estimation of mineral resources, exploration results, potential mineralization, potential mineral resources and mineral reserves) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words may, will, should, continue, expect, anticipate, outlook, guidance, estimate, believe, intend, plan or project or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Companys ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation: changes in the global prices for gold, niobium, copper, silver or certain other commodities (such as diesel, aluminum and electricity); changes in US dollar and other currency exchange rates, interest rates or gold lease rates; risks arising from holding derivative instruments; the level of liquidity and capital resources; access to capital markets, financing and interest rates; mining tax regimes; ability to successfully integrate acquired assets; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; laws and regulations governing the protection of the environment; employee relations; availability and increasing costs associated with mining inputs and labour; the speculative nature of exploration and development; contests over title to properties, particularly title to undeveloped properties; and the risks involved in the exploration, development and mining business. Risks and unknowns inherent in all projects include the inaccuracy of estimated reserves and resources, metallurgical recoveries, capital and operating costs of such projects, and the future prices for the relevant minerals. Development projects have no operating history upon which to base estimates of future cash flows. The capital expenditures and time required to develop new mines or other projects are considerable, and changes in costs or construction schedules can affect project economics. Actual costs and economic returns may differ materially from estimates and the Company could fail to obtain the governmental approvals necessary for the operation of a project; in either case, the project may not proceed, either on its original timing or at all.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

.

Copyright (c) 2016 TheNewswire - All rights reserved.



Your Vision Financial Services, an independent financial advisory firm based in Palmyra, has been acquired by Riverview Bank. Your Vision Financial Services was opened in Palmyra by owner-operator Jeff Krall in November. Riverview Bank serves the communities of Somerset, Dauphin, Schuylkill, Berks, Perry and Northumberland counties, and is owned by Riverview Financial Corporation which has consolidated assets of $536.9 million, according to a news release issued by the corporation. Riverview Wealth Management has a different, highly unique model when compared to my past experiences with financial institutions, Krall said in the news release. While offering financial advisory services to their clients, Riverview favors an independent model of operation for their financial advisors, which is why I will continue to operate from my current location. Your Vision Financial Services, now known as Riverview Wealth Management, will continue to operate out of the office at 28 W. Main St., Palmyra. Brett Fulk, president of Riverview Financial Corporation, felt that Krall and his business are a good acquisition for his company. Jeff's local presence, knowledge of his market and commitment to delivering high quality, personalized service is an excellent fit for Riverview's 'hometown' style of banking, Fulk said in the news release.(Photo: Michael K. Dakota, Lebanon Daily News)Buy Photo