Nerd's Eye View

APRIL 5, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that customer arbitration claims related to the SEC's Regulation Best Interest (Reg BI) nearly doubled between 2022 and 2023, suggesting that greater awareness among investors of the increased standards for broker-dealers and their (..)

Financial Planner 246

Financial Planner Fee Only Clients Investing 246

Nerd's Eye View

JANUARY 19, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study has found that while total financial advisor headcount across all channels only increased by 0.3% in 2023, the RIA space showed significantly more strength, with 10.4%

Financial Planner 246

Financial Planner Fiduciary Duty Retirement Retirement Planning 246

Nerd's Eye View

NOVEMBER 3, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Department of Labor this week released its long-awaited "retirement security rule", its latest effort to curb conflicts of interest around retirement savings recommendations.

Financial Planner 246

Financial Planner Retirement Planning Retirement Insurance 246

Nerd's Eye View

MARCH 8, 2024

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that RIA clients of an insurance broker providing Errors & Omissions (E&O) coverage saw a 213% increase in claims paid in 2023, attributed to significant jumps in suitability claims (likely stemming (..)

Financial Planner 246

Financial Planner Asset Allocation Clients Risk Management 246

Nerd's Eye View

OCTOBER 21, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that Congress appears poised to pass a series of changes affecting retirement planning, dubbed “SECURE ACT 2.0”, ”, by the end of the year.

Financial Planner 234

Financial Planner Retirement Planning Retirement Insurance 234

Nerd's Eye View

AUGUST 12, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the U.S.

Financial Planner 245

Financial Planner Retirement Healthcare Numbers 245

Nerd's Eye View

AUGUST 12, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the U.S.

Financial Planner 179

Financial Planner Retirement Healthcare Numbers 179

The Chicago Financial Planner

NOVEMBER 27, 2022

The maximum for 2022 is $61,000, this has been increased to $66,000 for 2023. For 2022, the employer and employee combined contribution limit is a maximum of $61,000 and $67,500 for those who are 50 or over, respectively. Employee contribution limits are $20,500 for 2022 and $22,500 for 2023. Employer contributions only.

Retirement Planning 263

Retirement Planning Retirement Planning Financial Planner 263

Nerd's Eye View

SEPTEMBER 19, 2022

2022 marks the 50 th anniversary of the enrollment of students into the first Certified Financial Planner (CFP) course, and in the years since then, financial planning (and the process of creating a financial plan) has changed extensively. Read More.

Financial Planner 245

Financial Planner Certified Financial Planner Financial Planning CFP 245

Abnormal Returns

JULY 31, 2023

(wsj.com) Fraud Sadly, family members engage in a lot of elder financial exploitation. theatlantic.com) 2022 saw a jump in investment fraud. financial-planning.com) Why some people feel the need to take Social Security early. marketwatch.com) Advisers How much attention should financial planners pay to academic research?

Financial Planner 245

Financial Planner Estate Planning Portfolio Management Retirement 245

eMoney Advisor

DECEMBER 14, 2022

What were financial planners interested in reading this year? Fact-finding, retirement literacy, and leading with planning round out the list of hot topics for 2022. 6 Effective Financial Professional Prospecting Tactics. Here’s your opportunity to catch up with what your peers have been learning this year.

Financial Planner 78

Financial Planner Financial Planning Retirement Clients 78

Abnormal Returns

DECEMBER 26, 2022

Podcasts Michael Kitces talks setting boundaries with Emily Rassam who is the Senior Financial Planner for Archer Investment Management. morningstar.com) Why Morningstar ($MORN) is optimistic its new portal can help financial advisers simplify their setups. morningstar.com).

Risk Tolerance 241

Risk Tolerance Financial Planner Financial Advising Compliance 241

eMoney Advisor

DECEMBER 15, 2022

In an era of uncertainty, the value Americans place on professional advice from a financial planner has increased. adults said their most trusted source of financial advice was a financial advisor. Financial Planner Job Growth in the Next Decade. The Financial Planning Workforce. Examining Median Pay.

Financial Planner 74

Financial Planner CFP Certified Financial Planner Financial Advisor 74

The Chicago Financial Planner

OCTOBER 21, 2021

Health insurance plans with an annual deductible of at least $1,4000 for a single person and $2,800 for a family qualify for use with HSAs in 2021, with no change in these limits for 2022. These limits increase to $3,650 and $7,300 for 2022. Premiums are generally less expensive than plans with lower deductibles. How the HSA works .

Retirement Planning 193

Retirement Planning Accounting Retirement Planning 193

The Chicago Financial Planner

FEBRUARY 3, 2022

Today’s decline is on top of high levels of market volatility that we’ve seen so far in 2022. Check out my freelance financial writing services including my ghostwriting services for financial advisors. At the end of 2021, Meta shares comprised 1.96% of the Vanguard S&P 500 Index ETF (ticker VOO).

Asset Allocation 190

Asset Allocation Financial Planner Marketing Marketing 190

Nerd's Eye View

OCTOBER 23, 2023

The results of the 2022 Kitces Research study on "How Financial Planners Actually Do Financial Planning" show that financial plan comprehensiveness has increased over time as advisors try to do more and more for clients to validate their fees, hitting them with a proverbial "sledgehammer of value".

Financial Planning 246

Financial Planning Planning Clients Financial Planner 246

Nerd's Eye View

JUNE 10, 2024

It quickly became a perennial favorite on Nerd's Eye View, and so I've updated it every year, with new lists of books in 2014 , 2015 , 2016 , 2017 , 2018 , 2019 , 2020 , 2021 , 2022 , and a fresh round last year in 2023. Read More.

Financial Advisor 246

Financial Advisor Financial Planner Clients Communication 246

The Chicago Financial Planner

JUNE 13, 2022

After a strong finish in 2020 and very solid returns in 2021, we’ve seen a lot of market volatility so far in 2022. Check out my freelance financial writing services including my ghostwriting services for financial advisors. The S&P 500 index was down about 17.6% on a year-to-date basis as of Friday’s close.

Risk Tolerance 188

Risk Tolerance Marketing Marketing Financial Planner 188

Nerd's Eye View

MARCH 27, 2023

According to the 2022 Kitces Research study, “How Financial Planners Actually Market Their Services”, advisors without the CFP marks typically spend more of their time on marketing activities relative to CFP practitioners (allowing them to spend more time on higher-value tasks).

CFP 246

CFP Clients Certification Financial Advice 246

Nerd's Eye View

JUNE 12, 2023

It quickly became a perennial favorite on Nerd's Eye View, and so I've updated it every year, with new lists of books in 2014 , 2015 , 2016 , 2017 , 2018 , 2019 , 2020 , 2021 , and a fresh round last year in 2022. Read More.

Financial Advisor 246

Financial Advisor Financial Planner Professional Services Clients 246

The Chicago Financial Planner

OCTOBER 20, 2021

This increases to $19,560 for 2022. For 2021 this increased limit is $50,520, for 2022 this limit is $51,960. Check out my freelance financial writing services including my ghostwriting services for financial advisors. Social Security and Working – What You Need to Know is a post from: The Chicago Financial Planner.

Retirement 192

Retirement Financial Planner Taxes Distribution 192

The Chicago Financial Planner

FEBRUARY 6, 2022

For 2022 the maximum contribution is $20,500 if you are under 50 and $27,000 if are 50 or over at any point during the year. Check out my freelance financial writing services including my ghostwriting services for financial advisors. Increase your contributions . Don’t miss any future posts, please subscribe via email.

Retirement Planning 189

Retirement Planning Retirement Financial Planner Planning 189

Nerd's Eye View

SEPTEMBER 18, 2023

Data from the 2022 Kitces Research Study on “How Financial Planners Actually Do Financial Planning” provide some answers about what advisors can expect when going beyond a solo practice, shedding light on the impact that hiring has on advisor capacity. What type(s) of employee should they hire?

Financial Planner 246

Financial Planner Clients Planning Financial Planning 246

Nerd's Eye View

MAY 23, 2023

Welcome back to the 334th episode of the Financial Advisor Success Podcast ! Meg is the Founder and Lead Financial Planner for Flow Financial Planning, a virtual RIA serving mid-career women in tech that oversees almost $60 million in assets under management for 60 client households.

Clients 246

Clients Financial Advisor Financial Planner Financial Planning 246

The Chicago Financial Planner

DECEMBER 5, 2021

For 2022 these limits increase to $61,000 and $67,500. For 2022 these contribution limits increase to $20.500 and $27,000, plus the employer-funded profit sharing component in both years. Check out my freelance financial writing services including my ghostwriting services for financial advisors.

Retirement Planning 155

Retirement Planning Retirement Financial Planner Accounting 155

Abnormal Returns

NOVEMBER 21, 2022

Podcasts Jeff Ptak and Christine Benz talk with Feraud Calixte who is the founder and lead financial planner of Vantage Pointe Planning. riabiz.com) What mid-life women need from a financial adviser. investmentnews.com) A Q&A with Jamie Hopkins co-author of “Find Your Freedom: Financial Planning for a Life on Purpose.”

Financial Planner 147

Financial Planner Asset Allocation Recruitment Financial Advising 147

eMoney Advisor

FEBRUARY 1, 2023

At the 2022 Financial Planning Association National Conference, I and fellow researchers Dr. Sonya Lutter and Dr. Megan McCoy presented research-based evidence that people who have experienced financial stress and hardship in the past are often more resilient in the face of future financial shocks.

Financial Planner 93

Financial Planner Clients Financial Advisor Financial Planning 93

Park Place Financial

MARCH 16, 2022

FINANCIAL PLANNING 4 Areas Your Financial Planner Should Cover as a High-Net-Worth Individual Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Given the complex nature of their portfolios, HNWIs require assistance from experienced financial planners who understand their unique situations and needs.

Financial Planner 52

Financial Planner Estate Planning Certified Financial Planner Retirement Planning 52

International College of Financial Planning

DECEMBER 9, 2024

The financial planning industry has witnessed remarkable growth, making the Certified Financial Planner (CFP) certification increasingly valuable for professionals seeking to advance their careers. This accelerated program enables qualified candidates to obtain their certification within just 4 months.

CFP 52

CFP Financial Planner Certification Certified Financial Planner 52

Investment Writing

JULY 6, 2023

” Why I manage money the way I do Why I became a financial planner or an investment manager Why I changed my mind about a topic important to how I help clients Why investors should pay less attention to financial news WHO Who can you trust with your money? I aimed for that in “ Why I write for you.”

Financial Planner 137

Financial Planner Financial Advisor Financial Planning Retirement 137

Sara Grillo

MAY 23, 2022

What’s up with these “advice-only financial planners?” I am a CFA® charterholder and financial advisor marketing consultant. I am an irreverent and fun marketing consultant for financial advisors. What is an advice-only financial planner? The benefits of advice-only financial planners.

Financial Planner 52

Financial Planner CFP Financial Planning Education 52

eMoney Advisor

MAY 1, 2023

When asked about how they started in the industry, many of the Asian-American financial planners I admire say the same thing: At first, they didn’t even know the profession existed. ” Only 4 percent of Certified Financial Planner™ professionals identify as Asian American or Pacific Islander (AAPI), though they make up 6.2

Financial Planning 101

Financial Planning Planning Financial Planner CFP 101

eMoney Advisor

JANUARY 12, 2023

If you’ve resolved to add more meaning to your work in 2023 using your skills as a financial planner, you’ve come to the right place. We’ve gathered seven unique volunteer opportunities for financial professionals, including pro bono financial planning. It will make you a better financial planner.”

Financial Planning 107

Financial Planning Planning Financial Planner CFP 107

XY Planning Network

DECEMBER 19, 2022

Over the past year, we've published articles written with one purpose in mind: to help independent financial advisors be successful. As 2022 comes to a close, we rounded up our top 10 most-viewed blogs published this year. 5 MIN READ.

Financial Advisor 83

Financial Advisor Fee Only Financial Planner Financial Planning 83

FMG

JULY 5, 2022

The Only Three Things Financial Planners Need to Say in the First Meeting via Streamline My Practice. As a financial planner, you know how important that first meeting can be, so it’s important that you are thinking about what you say. The post Trending This Tuesday, July 5, 2022 appeared first on FMG Suite.

Financial Planner 52

Financial Planner Media Engineering Planning 52

eMoney Advisor

NOVEMBER 10, 2022

Londell McMillan said in a 2022 hearing. As a financial planner, you’re well-positioned to collaborate with a client’s estate attorney to make sure their wishes are carried out. Many financial planners offer clients a secure online vault where they can upload estate planning documents. April 27, 2022.

Estate Planning 78

Estate Planning Clients Planning Financial Planner 78

eMoney Advisor

MAY 25, 2023

Nearly 3 in 4 married or cohabitating Americans say financial decisions have caused tension in their relationship, and 1 in 5 American couples say money is their most prominent relationship challenge. For the answer to that, look to the field of financial psychology. The Psychology of Financial Planning. April 27, 2022.

Financial Planner 88

Financial Planner Financial Planning Clients CFP 88