June 2015

Viewing posts from June , 2015

Today’s definition of ‘wealth’.


Today’s definition of ‘wealth’ seems to have changed from what it used to be a couple of years ago, at least by the standards of wealth managers.

In recent studies conducted by the Financial Times, they found that the clients who were looking to seek the advice of a wealth manager on how to best spend their capital, needed to invest on average around £806,000 – a figure which is up a staggering 48% compared to last year. 

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“One look at your email can rob you of 15 minutes of focus”


“One look at your email can rob you of 15 minutes of focus” – a rather accurate quote from Jacqueline Leo, Editor in Chief of the Fiscal Times.

It is becoming more and more apparent that the use of email is slowly being fizzled out of peoples lives, both in a professional and personal capacity. Having the luxury of state of the art technology, where we are able to transfer money with the tap of a button or have our weekly shop delivered to us with a few quick clicks, there is no wonder modern man is seeing email and its lack of efficiency as more of a burden than a benefit. 

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FinTech & the New Parliament


This morning saw Innovate Finance hosting a breakfast at the Houses of Parliament with the aim of introducing the new members to the financial technology sector and key firms in the industry.

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Innovate finance week returns.

As proud members of Innovate Finance, we are incredibly thrilled to congratulate them on their return for a second year.

Kicking off Technology Week in London, novastone directors, Douglas Orr and Andrew Hodson, attended ‘Catching the Big Phish’, a talk which highlighted the importance of cybersecurity for corporations across the UK, with emphasis on the financial sector. 

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IN THE PRESS: Wealth managers need to look to retail sector to learn to embrace ‘omni-channel’ services.

EXCLUSIVE: Wealth managers need to look to retail sector to learn to embrace ‘omni-channel’ services, Douglas Orr of Novastone told PAM Annual Finance Dinner

08:04 GMT , Tristan Blythe, Group Editor

Read the article on : www.thewealthnet.com

The wealth management sector needs to learn from the retail sector and how it has embraced an “omni-channel”, according to Douglas Orr, founder and chief executive of Novastone.

Mr Orr told diners at the inaugural PAM Annual Finance Dinner earlier this week (09/06/2015) that he was a “serial entrepreneur” and that before creating Novastone, which aims to provide a safe method for wealth managers to communicate with clients (see thewealthnet 02/03/2015), he had worked in the retail sector.

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Cyber Crime Strikes Again!

Cyber Crime is something we all have heard of or even worse, something we have been unfortunate enough to fall victim to ourselves.

We are currently in the midst of major technological developments. Everyday life has become so much simpler thanks to the likes of smart phones and tablets, which provide us with instant information at the click of a button. Not only has technology brought efficiency to our daily lives, it has also been a key contributor to major advances in sectors such as health, business, intelligence and finance.

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