Signet Financial Management LLC Acquires 506 Shares of Realty Income Corp (NYSE:O)

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Signet Financial Management LLC raised its holdings in shares of Realty Income Corp (NYSE:O) by 5.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,487 shares of the real estate investment trust’s stock after acquiring an additional 506 shares during the period. Signet Financial Management LLC’s holdings in Realty Income were worth $593,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Louisiana State Employees Retirement System boosted its stake in shares of Realty Income by 1.4% during the second quarter. Louisiana State Employees Retirement System now owns 14,800 shares of the real estate investment trust’s stock valued at $881,000 after purchasing an additional 200 shares during the period. Dowling & Yahnke LLC increased its position in Realty Income by

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Optimize Wealth Management Welcomes Stuart Proctor as Senior Financial Planner, Furthering its Nationwide Expansion

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TORONTO, Sept. 16, 2020 (GLOBE NEWSWIRE) — Optimize Wealth Management announced the recent addition of Senior Financial Planner Stuart Proctor to the firm. Stuart has an extensive history of helping clients in the Calgary region meet their desired long-term goals.

“We are thrilled to have a knowledgeable and skilled planner such as Stuart join our team,” said Matthew McGrath, Head of Advisory Channel and Corporate Development at Optimize Wealth. “We are confident that Stuart can aid in providing comprehensive financial planning to our clients through our entirely holistic approach.

Working alongside a competent and skilled team of licenced portfolio managers, Stuart will help clients to achieve prosperity and long-term success from Optimize Wealth’s newest office in Calgary.

“I’m pleased to be joining Optimize,” said Stuart Proctor, Senior Financial Planner. “Now with the help of Optimize Wealth’s multi-family office platform and their robust portfolio management, my clients will benefit from

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The Healthcare Financial Management Association Releases Best Practices for the Fair Resolution of Patients’ Medical Bills

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The MarketWatch News Department was not involved in the creation of this content.

Washington, D.C., Sep 17, 2020 (GLOBE NEWSWIRE via COMTEX) —
Washington, D.C., Sept. 17, 2020 (GLOBE NEWSWIRE) — The Healthcare Financial Management Association (HFMA) today published voluntary best practices for the fair resolution of patients’ medical bills. The best practices are designed for use by healthcare providers, providers’ business affiliates and credit bureaus. Jointly published with the Association for Credit and Collection Professionals (ACA International), the 28-page report updates and extends guidance that was originally published by HFMA in 2014. The report emphasizes the importance of educating patients and ensuring that they understand the account resolution process.

“Education and engagement are important throughout a patient’s financial experience,” said HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. “Transparency is important not only for price information but also with regard to financial assistance policies, identifying sources of coverage,

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Mobile financial management platform for business Monit makes debut

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Monit, a mobile financial platform designed for small business owners, will launch today with a demo at Finovate Fall 2020.

Monit keeps business owners on top of their key financial numbers and forecasts cash flow using advanced, patent-pending predictive technologies packaged in an intuitive, mobile experience. Responding to the COVID crisis, Monit includes features every PPP borrower can use, including automatically monitoring transactions and providing guidance to optimize PPP forgiveness. Monit is distributed through banks for their small business clients. For a limited time, small businesses under duress or challenged by PPP forgiveness will also have access, at no charge, directly at monitapp.io/free.

According to a study commissioned by a U.S. bank, more than 80 percent of small business failures are due to poor cash flow management. Monit puts visibility into current and future business vitals in the palm of the small business owner’s hand. The platform helps

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Treasury launches financial management projects leveraging automation, blockchain

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Written by

Dave Nyczepir

The Treasury Department is using emerging technologies to streamline how agencies manage their finances in two projects launched Monday.

Both projects are being run by the Bureau of Fiscal Service‘s Office of Financial Innovation and Transformation with support from Deloitte and are expected to save the government millions of dollars annually.

The first project, Digital End-to-End Efficiency (DEEE), is focused on digitizing and automating entire business processes, rather than using robotic process automation (RPA) or artificial intelligence to expedite parts.

“DEEE shifts away from the current trend in automating individual tasks with RPA and looks at the entire process,” said Cindy Good, program manager at BFS, in the announcement. “We want to identify improvements using a suite of automation choices, if needed, to support a
seamless process.”

Two unnamed agencies have partnered with Treasury to apply the repeatable, scalable DEEE framework

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American International Group, Inc. (AIG) Management Presents at Barclays Global Financial Services Conference (Transcript)

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American International Group, Inc. (NYSE:AIG) Barclays Global Financial Services Conference September 14, 2020 10:30 AM ET

Company Participants

Peter Zaffino – President & Global Chief Operating Officer

Mark Lyons – Chief Financial Officer

Conference Call Participants

Tracy Benguigui – Barclays

Tracy Benguigui

Good morning. I’m Tracy Benguigui. I joined Barclays recently as the new insurance analyst. I am pleased to chat this morning with Peter Zaffino, President and Global Chief Operating Officer; and Mark Lyons, CFO of AIG. Peter and Mark, thank you for being here with us.

Just some housekeeping items before we kick off. There’s a live polling question list on the left side of your screen. And if asked for user name, just please use Barclays and look for the next button when you move through the polling question. We can see the results in real time. And on the left side of the screen, there’s also

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LPL Financial Advisors Ranked Among Top 100 Independent Advisors Nationwide

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CHARLOTTE, N.C., Sept. 15, 2020 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq:LPLA), a leading retail investment advisory firm, independent broker-dealer and registered investment advisor (RIA) custodian, today announced that four of its affiliated advisors have been ranked on the 2020 list of the Top 100 Independent Financial Advisors in America published in Barron’s.

The annual list highlights the nation’s top 100 independent financial advisors based on data including assets under management, revenue generated for the firm and the overall quality of the advisor’s practice. LPL advisors recognized on this year’s list include:

  • Susan Kaplan, Kaplan Financial Services, Newton, Mass.
  • Laila Pence, Pence Wealth Management, Newport Beach, Calif.
  • Andy Schwartz, Bleakley Financial Group, Fairfield, N.J.
  • Charles Zhang, Zhang Financial, Portage, Mass.

View the full list.

“On behalf of LPL, we congratulate Susan, Laila, Andy and Charles for being included among this esteemed industry list,” said Andy Kalbaugh, LPL Financial

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10 Women Who Are Driving Growth In Wealth Management And Investing

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A recent report from McKinsey noted that women are the future of wealth and are poised to become the most important demographic to attract as clients within the wealth management and investment industries. With such opportunities comes the need to position more women leaders within these industries to help reach this significant force with the right products and services. 

Already, there is a positive shift toward more women of influence in wealth management and investing. Here are 10 women who are driving growth in these industries:

1. Selena Powers

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Convergence Of Financial Institutions’ Risk Management Aided By Artificial Intelligence

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The attention on technology and risk in financial institutions has often been laser focused on transactions. That makes sense because of the large volume of trades and other transactions that are at risk from fraud, hacking and other issues. However, financial institutions also have other risks. Organizations have been slowly increasing the use of artificial intelligence (AI) in other areas, and there are signs that AI is supporting a convergence of risk management tools in financial institutions.

Financial transactions, trading in particular, have long been a focus of technology. The faster institutions can trade, the more competitive advantage they have and the higher profits. That’s meant significant money spent on colocation, networking and other technologies. It has also meant that automated trading was one of the first area in finance where AI has been applied. That then led directly to AI being leveraged for

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Role of Financial Management in Corporate Structure | Small Business

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As your business grows, you will move from a flat organizational structure, or one where several key managers report directly to you, to a more traditional, or functional structure. A functional structure organizes your business by departments, with finance one of these. Although finance will be only one of your departments, financial management occurs throughout all of your departments to ensure your company’s profitability.

Corporate Structure

While there are a variety of ways to organize a business, most small businesses use the functional model, creating departments for human resources, marketing, finance, information technology, sales and production. As businesses grow larger, they might create a C-suite, or group of executives who oversee strategic planning for the corporation, rather than a specific function. The term C-suite comes from the titles of these executives, which include chief executive officer, chief financial officer and chief operating officer.

Finance Department

A finance department might evolve

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