First Allied team managing $130 million forms own RIA

first_img Newsletters 2 InvestCloud to acquire Advicent and NaviPlan planning software Subscribe for original insights, commentary and analysis of the issues facing the financial advice community, from the InvestmentNews team. 1 A First Allied Advisor Services team managing $130 million assets in Honolulu has established its own registered investment adviser, Mission Financial Group. 5 3 ESG offers new way to view companies, says Innovator Amy Domini center_img For reprint and licensing requests for this article, click here,MOST READ House panel unanimously passes SECURE 2.0 House committee poised to advance SECURE 2.0 retirement savings bill 4 The Gates divorce: Lessons for financial advisers Why Tony Robbins, tax shelters and financial advisers don’t mix [More: RIAs led in a year of recruiting slowed by the pandemic]Nick Abbott and Clifton Yasutomi, the firm’s founders, will retain their registered representative affiliations through First Allied.In setting up their firm, the team used the services of TruClarity Management Solutions.last_img read more

Sports camera brand CONTOUR returns under new ownership

first_imgSports camera brand CONTOUR is now under new ownership and, with a new head of steam the company notes that it is once again a key contender in the Point of View (POV) camera market. After completing a ‘financial overhaul, reorganizing its plans for new product innovation and building a framework for vastly improved distribution, CONTOUR is back on the map as a legitimate player in the POV world.’Contour shut its doors on 2 August 2013 after protracted negotiations with investors failed to produce a viable funding solution. Having entered into receivership – the tail-end of 2013 saw the receivers enabling the sale of Contour assets through a competitive bid process.Now with a new financial framework, CONTOUR is already focused on regaining market share through select distributors worldwide. The brand’s financial outlook is reported to be solid with ‘key retailers committing to the product line in every target market.’“The aim is clear—we want to create a world class company to support this world class product,” said Danny Lysenko, CEO of CONTOUR. “While recovering CONTOUR’s position in the market, we’ll continue the long tradition of being at the forefront of innovation and bringing to market beautifully simple, yet ultimately professional cameras.”In the coming months CONTOUR plans to launch new cameras that feature the same award winning, streamlined styling that has given its products a point of difference for more than a decade. With industry-leading technology that includes a one-touch locking record switch, laser alignment system and 270-degree rotating lens, the new CONTOUR cameras ‘will deliver unsurpassed digital clarity and easy-to-use convenience that will ensure every moment of adventure is captured.’The company’s return to the market is punctuated by the re-launch of its website that currently offers the Contour+2 with wireless smartphone connectivity, the waterproof ROAM2 and a full range of accessories.While the new ownership and management are excited to move forward, they recognize that some consumers may have warranty issues. Those affected are encouraged to contact CONTOUR’s support team via support[at], place ‘Warranty’ in the subject line and include an RMA number. Further details can be found by clicking the Warranties & Service tab located under the Support section of the Relatedlast_img read more

Five tips on … professional indemnity insurance

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With Pospyhalla’s late 3, Columbus Catholic girls basketball sinks Gilman

first_imgDons win road game in overtimeBy Paul LeckerSports ReporterGILMAN — Natalie Pospyhalla hit a 3-pointer with less than 1 second left in overtime to lift the Marshfield Columbus Catholic girls basketball team to a 53-52 victory over Gilman on Tuesday night at Gilman High School.Columbus coach Rhonda Keding said neither team led by more than five points, and there were numerous lead changes throughout the game.Pospyhalla used a screen from Morgan Albrecht to get open, received an inbounds pass from Maren Seefluth, and drained the game-winner with 0.8 seconds remaining on the clock.“I’m really happy how the girls didn’t give up,” Keding said. “Our shots weren’t falling again. We are taking descent shots, just not getting any luck for them to fall through. I’m hoping that turns around for the girls. On the plus side, our defense keeps us in the game.”Pospyhalla finished with 17 points, making three 3-pointers, and Albrecht had four 3-pointers to tally 12 points for the Dons.Columbus is now 10-7 overall and 6-6 in the Cloverbelt East. Gilman falls to 6-12 and 3-11 in the conference.Columbus Catholic hosts Greenwood on Friday at 7:15 p.m.(Hub City Times Sports Reporter Paul Lecker is also the publisher of 53, Pirates 52COLUMBUS CATHOLIC (53): Morgan Albrecht 4-12 0-0 12, Hailey Roehl 0-0 2-2 2, Baylie Neider 4-11 0-1 9, Maren Seefluth 1-10 3-4 5, Kendra Baierl 2-9 0-0 4, Natalie Pospyhalla 7-15 0-0 17, Marissa Immerfall 2-7 0-0 4. FG: 21-54. FT: 5-7. 3-pointers: 8-23 (Albrecht 4-8, Pospyhalla 3-6, Neider 1-6, Seefluth 0-3). Rebounds: 34 (Seefluth 8, Immerfall 8). Assists: 13 (Seefluth 4, Neider 4). Turnovers: 11. Fouls: 12. Fouled out: none. Record: 10-7, 6-6 Cloverbelt Conference East Division.GILMAN (52): Camryn Skabroud 4-8 1-2 11, Taylor Hendricks 4-9 0-1 11, Amanda Wisocky 0-5 0-0 0, Grace Grunseth 2-11 1-4 7, Kayla Chause 3-7 3-4 11, Evelyn Fryza 3-5 1-1 7, Cooper Sherfield 3-5 0-0 6. FG: 19-51. FT: 6-12. 3-pointers: 9-22 (Hendricks 3-8, Grunseth 2-3, Chause 2-4, Skabroud 2-5, Fryza 0-1, Wisocky 0-1). Rebounds: 31 (Skabroud 7). Assists: 12 (Hendricks 3, Sherfield 3, Chause 3). Turnovers: 13. Fouls: 8. Fouled out: none. Record: 6-12, 3-11 Cloverbelt Conference East Division.last_img read more

Protect and support each other

first_imgSam Nzima with his iconic photograph (Image: Denis Farrell) A depiction of the so-called Bantu Education system. (Image: City of Joburg) The June 16, 1976 Memorial at the Hector Pieterson Museum in Soweto. (Image: Enoch Lehung, City of Joburg) Ahead of Youth Day, Sam Nzima urges the young people of South Africa to protect and support each other. (Images: MEDIA CONTACTS • Kwezi Gule  Curator for the Hector Pieterson Museum   +271 725 3130 RELATED ARTICLES • Youth Day: lessons from 1976 • Playing a part to give youth a future • Let’s learn and honour Children’s Act • How does Mandela Day inspire you?Cadine Pillay“Take back your courage!” declares Sam Nzima, former apartheid photojournalist, urging young people of South Africa to assume the strength and courage of their predecessors. Nzima took the legendary photograph of the fatally wounded 12-year-old Hector Pieterson being carried by Mbuyisa Makhubo, while Hector’s sister Antoinette Sithole runs alongside. It is a photograph that captured and exposed not just the Soweto uprising on 16 June 1976, but the entire struggle of black people during apartheid.That event is commemorated on the annual Youth Day, 16 June, and the whole month around the day is focused on strategies to develop and uplift South Africa’s young people.The government’s theme for Youth Month 2012 – Together we can do more to build infrastructure and fight youth unemployment – is an ambitious one, but conveys hope to many South Africans who recognise the struggles that were overcome.Ahead of the countrywide celebrations, Nzima conveys a message to young South Africans in his gripping and courageous story, and carefully reflects on the events of that fateful day.June 16, 1976 revisitedNzima, 78, is a warm-spirited man who remembers that day as if it were yesterday.“I will never forget that day in Soweto,” he says with candour in his voice. “It is in my blood and now part of me.”On 16 June 1976, thousands of South African schoolchildren marched in protest of the so-called Bantu Education system – the rest is history.  Nzima arrived in Soweto early that morning, assigned to cover what he thought would be peaceful protests.“I thought it would just be an ordinary day,” he says. “I had no idea it would be a day that would go down in the history books of South Africa, or that a child would be killed.“The students were just going to protest their rights and take a memorandum of demands to the education department,” he recalls and then pauses. “They did not even reach their destination.”Nzima watched from a distance as students painted signs that said “Afrikaans must be abolished” and “We are being fed the crumbs of education” – at the time black students were forced to study a sub-standard curriculum and were taught in Afrikaans, the language that, to them, represented their oppressor.As they began marching, the students were confronted by the police and began to sing “Nkosi Sikelel’ iAfrika” – the national anthem of South Africa today, but a protest song that was banned back then.The police began shooting, and Nzima saw a boy fall. The tall Mbuyisa Makhubo, then just 18, quickly picked him up and began to run. Nzima took six pictures as the wounded boy was taken to the nearest car, driven by a colleague from his newspaper, and rushed to a clinic. There, he was pronounced dead and identified as Pieterson.Nzima, working at a time when restrictions on reporting on conflict were draconian, removed the film and hid it in his sock. Later, police forced him to expose the film in his camera, but the photos of Pieterson were safe.Pieterson was one of the first to die from police gunfire after Soweto students were ordered to disperse. Reports varied on the number of people killed – some say about 180, others 400. Trials of the man behind the photographThe police were enraged by the attention his photograph drew, and Nzima left Johannesburg and his newspaper, fearing for his life. For a long time he lived under house arrest, and was constantly harassed by the police. But his photograph continued to garner attention and would later go right around the world.Nzima now enjoys a peaceful existence in his hometown of Lillydale in Mpumalanga, where he is a humble community leader.Although he was honoured on Freedom Day 2011 with a National Order for his contribution to photojournalism and for exposing apartheid brutality, the fame the photograph has brought him is equally matched with loss as it resulted in the end of his career, and banishment from Johannesburg, to live in abject poverty.Despite these unfortunate circumstances, Nzima does not regret the path fate chose for him that day.“At first I hated the picture, because I thought I would be killed for taking it,” he says. “But even though it was the end of my journalism career and my life in Johannesburg, it gave back so much tenfold.”Nzima’s photograph tells a courageous story because it has lived for over three decades and made its way to the 18-year-old democratic South Africa.“You don’t even need a caption to see that something terrible has happened,” Nzima says, describing his photograph.The heartfelt photograph has received worldwide recognition over the years and has even been honoured in the Hector Pieterson Schule in Berlin – a school named after the young victim.“I’m happy that the Germans saw the opportunity to name one of their high schools after Pieterson,” Nzima says. “This means the picture I took left its mark on them as well.”Nzima wishes to one day open a photojournalism school of his own for young people. He hopes in turn they will go out and take truthful photos of history that the whole world will see and remember.‘Young people must carry each other’Nzima’s advice to teenagers and young adults of today is clear as it is in his photograph – young people must carry each other.“Every day is a struggle for young people today and that is all the more reason they should protect and support each other,” he says.Back then, Nzima reflects, young people were so eager to learn that they fought for it.“Today’s youth do not appreciate their freedom because they did not struggle for it. It was given to them and therefore they do not know the worth.“If protesting students did not take into their own hands the fight for their right to education 36 years ago, the youngsters of today would not enjoy their freedom and education.“Fighting for a better education is not something that is demonstrated these days by the younger generation. Today, they have so much of freedom that they are fighting HIV/AIDS, alcohol and drug abuse and rape instead.”Nzima remembers the restrictions black people had during apartheid.“We could not even enter a grocery store. If we wanted to buy groceries we had to purchase them through the windows in the back. We could not walk around freely and do as we please because of those restrictions.”‘Take back your courage’“Take back your courage”, is the message from Nzima.“The respect of the younger generation must be strengthened, and at the same time children must be guided,” he asserts.Every year the children of South Africa are born further away from 1976, and memories of those long-ago Sowetan students are fleeting. The country has just one day a year to recreate and remember, and educate young people on the sacrifices that were made so they could enjoy free and equal education.“They need to learn about June 16 and the Soweto massacre every day, not just one day a year,” Nzima says.Although the history of apartheid and the Soweto Uprising are taught in schools across South Africa, it is imperative for young people to acknowledge the sacrifices made for them, in every aspect of their lives today – not by force or obligation, but out of willingness, respect and appreciation.While some still suffer the aftermath of apartheid, we can take comfort in knowing that today every child is born into a free South Africa with the right to education.Former president Nelson Mandela said: “Education is the most powerful weapon which you can use to change the world.”It is important, says Nzima, for the young people to remember how far we all have come and recognise the people who helped get us here. Most importantly we must remember – much like back then – that the courage of the youth ensures the victory of our country.last_img read more

Rodriguez out of Roma-Milan

first_imgRicardo Rodriguez and Giacomo Bonaventura are out of the Milan squad travelling to Roma for tomorrow evening. It kicks off on Sunday at 17.00 GMT, click here for a match preview. New coach Stefano Pioli was held to a 2-2 draw by Lecce on his debut and has some changes to his squad at the Olimpico. Davide Calabria and Samu Castillejo return from suspension, but full-back Rodriguez pulls out with a muscular issue. Also absent is midfielder Bonaventura, who continues treatment and a separate training regime. Milan squad for Roma: A Donnarumma, G Donnarumma, Reina; Calabria, Conti, Duarte, Gabbia, Theo Hernandez, Musacchio, Romagnoli; Bennacer, Biglia, Calhanoglu, Kessie, Krunic, Paqueta; Borini, Castillejo, Leao, Piatek, Rebic, Suso Watch Serie A live in the UK on Premier Sports for just £11.99 per month including live LaLiga, Eredivisie, Scottish Cup Football and more. Visit: read more

5 days agoCeltic striker Odsonne Edouard urged to target Arsenal move

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Celtic striker Odsonne Edouard urged to target Arsenal moveby Paul Vegas5 days agoSend to a friendShare the loveCeltic striker Odsonne Edouard should be targeting a move to Arsenal.That’s according to former Rangers forward Kris Boyd.Edouard has been in fine form for the Glasgow club this season, scoring nine goals and providing five assists in 17 appearances.Boyd isn’t surprised by the reported interest in the Hoops’ star man but believes the 21-year-old should stay put until the likes of Manchester United or Arsenal come calling.He told the Scottish Sun: “For what it’s worth, if it’s the Premier League he heads for, it should be for one of the giants, Manchester United or Arsenal, and not, with respect, to a Brighton or Southampton.“But I’ve got a funny feeling he’ll have to go and prove himself first at one of those clubs.” last_img read more

By leaking suspended viceadmiral Norman broke rules he swore to uphold Crown

first_imgOTTAWA — New court documents have sketched out the Crown’s case against Vice-Admiral Mark Norman, alleging the suspended military officer broke the rules he was sworn to uphold when he leaked cabinet secrets to a Quebec shipyard and the media.The breach-of-trust case against Norman revolves around a $700-million contract the federal government signed in 2015 with Davie Shipbuilding to refit a commercial vessel into a temporary supply ship for the navy.The contract was in doubt for a period after the Liberals were elected that fall.The Crown alleges that Norman intentionally tried to undermine the cabinet’s decision-making on the project, which he supported, by leaking information to the company, lobbyists and the media. Prosecutors say his use of a private email address shows that he knew he was out of bounds.The Crown argues that whether Norman truly believed the Davie project was the best option for the navy is irrelevant to whether he actually committed a crime.Norman has denied any wrongdoing and vowed to fight the charge. His case is scheduled to go to trial next August and run through much of the next federal election.The Canadian Presslast_img read more

Nunatsiavut faces deepening housing crisis

first_imgAPTN National NewsA news study is painting a pretty bleak picture of the housing issue in Nunatsiavut, on Labrador’s north coast.The population is quickly outgrowing the number of available homes.And many of the houses are in dire need of repair.APTN’s Ossie Michelin was in Hopedale and bring us the story of one resident looking for a place of his own.last_img

Bombardier has runway to recover from share price collapse say analysts

first_imgCompanies in this story: (TSX:BBD.B) The Canadian Press MONTREAL — Transportation industry analysts say Bombardier Inc. is a high-risk investment that has room to grow after the recent share price collapse they called overdone.The Montreal-based company’s shares are trading near where they were in early 2015 even though its profitability has nearly doubled.Bombardier shares have fallen more than 60 per cent since July on concerns about its hefty debt and its ability to generate promised free cash flow.Even with Monday’s 24 per cent rebound to $2.07, Cameron Doerksen of National Bank Financial says the selloff is unjustified, maintaining his target price at $5.50.Given market conditions, analysts expect Bombardier will delay the repurchase of the Caisse de depot’s 27.5 per cent stake in its railway division valued at more than US$2 billion beyond the February date when it can act.They also describe the investigation by Quebec’s securities regulator into Bombardier’s executive stock plan as “noise”, adding it could take a few months to resolve.last_img read more