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Showing posts from April, 2019

Why Are You Paying For A Financial Services Transfer Agency Company?

Why Are You Paying For A Financial Services Transfer Agency Company? As a consultant in the IT Database world, I was once hired by boutique financial services company in Massachusetts who performed what is called Transfer Agency & GTC services.  As much as I loved the money that I earned there I could not understand why any company would pay for services to transfer trades from their made up and sometimes registered funds for retirement to the actual investable market funds and pay a separate company to do it.  First it may have to do with trust by having a go between to track all trades and then the resulting prices that either rise and fall with the market. Second, it could be that it's just not worth their time to do this work because its just the ability to track what each participant paid into the fund, where the money is split by percentage, and where it ends up so in 20 to 30 years, there is a pool of dollars the participant can now pull out. A friend ...

10 Ideas to Turn On Your Wife

10 Ideas to Turn On Your Wife Do the dishes Play with the children Change diapers Sweep and mop the floor Vacuum the rug Massage her feet Run a bath and shampoo her hair Wipe the toilet seat and toilet Put the toilet seat down Put your phone down and ask her about her day and listen.

10 Corporate Loss Prevention Ideas

Here are 10 Corporate Loss Prevention Ideas: 1. Place signs for every customer to see that they should have a receipt for every transaction made with your establishment.  2. Automatically have that transaction put into your corporate database. This ties in with the next idea 3. In large cash offices, have at least two people that do not interact with each other and preferably separated by rooms. Randomly have a cash box sent out and audit the previous against the transactions in the system. Then the manager or you the owner needs to audit what that person brings to the bank.   4. If you have been mulling a decision to promote one of two people into a high position of management and have made the mistake of telling both they were possibly going to get it. You may want to release the one you did not promote. History shows in both of Norman Jaspan's books ( a famous loss prevention management consultant) that a disgruntled manager has been the reason for $1000s...