Last minute financial tips for students going abroad
News from Times of India:
Rajesh Subramanian is flying out of India on September 5th to pursue his Masters in Information Management at the University of Washington, Seattle. It’s an exciting time in his life and he wants to make sure he’s in control of everything. A few things concern him though, especially with respect to his money matters. “Right now, questions like how to remit fees and living expenses, how much travel insurance to take, how much foreign exchange to carry etc. are on the top of my mind,” he says.

Rajesh’s concerns are justified given the number of regulations and processes involved in foreign exchange transactions. In this article, we try and find answers to all his questions.

1. Best way to remit fees
The total fee for Rajesh’s course adds up to $ 42,000. His fee for the first semester, $ 8,000, need…………… continues on Times of India
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4 Tips to Boost Client Referrals
News from AdvisorOne:

While financial advisors agree that client referrals are critical to a firm’s growth, nearly half say they’ve asked only “a small percentage” of their clients for a referral, according to an SEI Quick Poll released Monday.

Additionally, only one in five advisors said that seeking referrals is a “regular routine and a key reason of my success,” the Quick Poll finds.

“It’s clear that the majority of advisors aren’t capitalizing on the valuable opportunity sitting right in front of them,” John Anderson, head of practice management solutions for the SEI Advisor Network, said in a statement.

“Every good advisor knows they should be utilizing existing clients to generate referrals. The only question is how,” added Taylor Ranker of The Ranker-Hanshaw Group in Harrisburg, Pa.

SEI A…………… continues on AdvisorOne

… Read the full article

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