Abnormal Returns

OCTOBER 23, 2023

(riabiz.com) AI Is AI an existential threat to the business of financial advice? advisorperspectives.com) Vanilla is rolling out more AI tools for estate planning. kitces.com) The SEC's examination priorities for 2024 include the marketing rule and alternative assets. riabiz.com) The upside of pro bono financial planning.

Compliance 157

Compliance Estate Planning Financial Advice Financial Advisor 157

Nerd's Eye View

AUGUST 5, 2024

Welcome to the August 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Estate Planning 130

Estate Planning Accounting Assets Clients 130

Abnormal Returns

JANUARY 22, 2024

kitces.com) Zach Conway and Kelsey McKenna talk with Michael Conway, CEO of Conway Wealth, about the multifaceted roles financial advisors play beyond managing investments. morningstar.com) QCD limits have increased to $105,000 for 2024. riabiz.com) Vanguard is partnering with estate planning software provider Vanilla.

Wealth Management 157

Wealth Management Estate Planning Startup Retirement 157

Darrow Wealth Management

MARCH 13, 2025

The situational nature of planning to diversify one large position cannot be over-emphasized, so it’s important to work with a financial advisor who has experience in this area. Between 1987 and April 2024, roughly 67% of individual stocks underperformed the Russell 3000.

Management 72

Management Taxes Estate Planning Asset Allocation 72

Zoe Financial

DECEMBER 28, 2024

New Year, New Wealth: A Guide to Financial Resolutions for 2025 Updated December 30th, 2024 Reading Time: 7 minutes Written by: The Zoe Team As the New Year approaches, many of us set personal goals to make the coming year better than the last. Plan Your Tax Strategy Work with a financial advisor to optimize your tax situation.

Estate Planning 40

Estate Planning Financial Advisor Wealth Advisor Accounting 40

Harness Wealth

NOVEMBER 12, 2024

Checklist: Year-end Tax Planning Strategies Review the following tax strategies with your tax advisor and/or financial advisor before the end of the year. The 2024 contribution limit for a Roth IRA or traditional IRA is $7,000. The 2024 contribution limit for a Roth 401(k) or Traditional 401(k) is $23,000.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Darrow Wealth Management

OCTOBER 28, 2024

Put the plan into action. With the help of a financial advisor , cash proceeds from the sale of your business can be invested in the financial markets. It’s also important to implement other parts of your plan, such as ways to reduce tax from the sale, estate planning, charitable giving, and other goals.

Sales 104

Sales Taxes Estate Planning Planning 104

Darrow Wealth Management

FEBRUARY 19, 2024

A deep discussion of these strategies is outside the scope of this overview, and because every situation is so different, be sure to discuss your situation with your tax and financial advisor. With so many nuances in the tax system, always consult your tax and financial advisor before taking action.

Management 111

Management Taxes Portfolio Estate Planning 111

Harness Wealth

MARCH 5, 2024

In this guide, we’ll explore the average fees of tax advisors in the US for 2024. Average Tax Advisor Fees in 2024 Understanding the common tax planning and preparation fees, such as hourly rates, retainer or subscription fees, and fixed per-service fees, can guide you in making informed decisions when engaging with tax professionals.

Taxes 52

Taxes Tax Planning Education Ethics 52

Carson Wealth

FEBRUARY 1, 2024

The move comes as part of a strategic partnership with Fisher Financial Advisors, which will now be rebranded to Carson Wealth. Tim Fisher, Managing Director and Wealth Advisor of Fisher Financial Advisors, expressed his enthusiasm about the partnership stating, “Carson will be instrumental in elevating our client experience.

Financial Advisor 52

Financial Advisor Wealth Advisor Estate Planning Clients 52

WiserAdvisor

FEBRUARY 19, 2024

Overcoming these challenges can prove difficult if not addressed in retirement planning well in advance. A financial advisor can help you identify common retirement planning blind spots. This article will also uncover some of the key blind spots you need to be aware of in your retirement planning journey.

Retirement 66

Retirement Retirement Planning Healthcare Estate Planning 66

Nerd's Eye View

DECEMBER 30, 2024

Each week in Weekend Reading For Financial Planners, we seek to bring you synopses and commentaries on 12 articles covering news for financial advisors including topics covering technical planning, practice management, advisor marketing, career development, and more.

Financial Advisor 240

Financial Advisor Insurance Tax Planning Taxes 240

WiserAdvisor

JANUARY 3, 2024

You may ponder where to begin and how to create a portfolio that matches your goals, stands the test of time, and shields you from financial uncertainty. Consider consulting with a financial advisor who can help create a suitable investment portfolio for attaining your retirement goals.

Retirement 52

Retirement Portfolio Investments Investing 52

Harness Wealth

JUNE 9, 2023

If you hold startup equity either through equity compensation or other means, such as angel investing, consider working with an advisor from Harness Wealth or another qualified firm on how to best minimize the taxes on your shares. For many, the plan offered by their employer may be sufficient.

Financial Planning 52

Financial Planning Planning Financial Planner Wealth Management 52

WiserAdvisor

JANUARY 16, 2024

This data can serve as a baseline for tailoring your retirement plan, taking into account factors such as inflation, your current age, and your desired retirement age. Based on these factors, you can develop a solid financial strategy that aligns with your lifestyle and future goals. Need a financial advisor?

Retirement Planning 40

Retirement Planning Retirement Planning Financial Advisor 40

Carson Wealth

DECEMBER 17, 2024

By Brady Marlow, CFP, AEP, CAP, CPWA, CExP , Director, Carson Private Client Wealth Strategy Although most people focus first on loved ones in developing their estate plan, you may also want your legacy to include continuing support of issues and organizations youre passionate about. million per individual for 2024.

Estate Planning 52

Estate Planning Planning Distribution Taxes 52

Carson Wealth

DECEMBER 31, 2024

Your personal preferences and the potential good your bequests can do are factors to think about in your estate planning. What Is Estate Equalization? Basically, estate equalization is the process of helping ensure fairness in your estate plan, whether that means leaving all your primary heirs the same bequests or not.

Estate Planning 52

Estate Planning Planning Taxes Distribution 52

WiserAdvisor

MARCH 13, 2024

These pillars provide a comprehensive framework for building a resilient and sustainable plan. Adhering to these pillars can help you pave the way for a secure and fulfilling retirement supported by wise financial decisions and informed choices. However, it is a crucial component of a comprehensive retirement plan.

Retirement Planning 105

Retirement Planning Retirement Planning Estate Planning 105

Harness Wealth

JULY 29, 2024

covers some of the top estate planning trends that tax advisors should be tracking during the second half of 2024. Now that the mid-point of 2024 has passed, we are faced with an environment where little has changed with respect to the wait-and-see posture of estate and wealth transfer planning.

Estate Planning 59

Estate Planning Taxes Planning Tax Planning 59

Zajac Group

NOVEMBER 7, 2024

Creating wealth that can provide financial security for generations to come is an incredible feat, and it requires careful planning, consideration, and communication among family members. Transfer After Death The IRS does impose a federal estate tax—though the exemption limit in 2024 is at a historically high rate of $13.61

Planning 52

Planning Estate Planning Taxes Assets 52

The Big Picture

JANUARY 21, 2025

And I think you will also, if you are at all curious about estate planning or investing or personal finance, this is not the usual discussion and I think it’s very worthwhile for you to hear this and share it with friends and family. And I, I found it to be an absolutely fascinating conversation.

Investments 147

Investments Investing Management Retirement 147

Darrow Wealth Management

OCTOBER 1, 2024

Choosing whether to fund a trust with your assets is an important decision in the estate planning process. A will and a trust are two different estate planning tools. But some states , like Massachusetts, have their own estate tax and a much smaller exemption amount. Do I need a living trust if I have a will?

Assets 98

Assets Estate Planning Distribution Fiduciary Duty 98

Darrow Wealth Management

MAY 6, 2024

Checklist for executors of their parent’s estate Get organized Where are the original estate planning documents located? Who is the attorney who drafted the estate plan? Inform them of your parents passing and discuss options for support in settling the estate.

Estate Planning 109

Estate Planning Distribution Accounting Valuation 109

Carson Wealth

APRIL 25, 2024

Tax Planning: Optimize tax efficiency through strategies such as retirement contributions, tax-deferred accounts, and deductions and credits. Estate Planning: Draft essential documents such as wills, trusts, and powers of attorney to ensure the orderly transfer of assets. What Could Happen if You Don’t Have a Financial Plan?

Financial Planning 96

Financial Planning Planning Retirement Insurance Coverage 96

Carson Wealth

FEBRUARY 29, 2024

It’s a simple, human act – one that seems like it shouldn’t take too much planning to do it correctly. What do you need to consider about gifting as it relates to your overall estate plan? Let’s take a closer look at estate and gift taxes and how you can approach them with a financial planning mindset.

Financial Planning 96

Financial Planning Taxes Planning Estate Planning 96

Darrow Wealth Management

MAY 6, 2024

Checklist for executors of their parent’s estate Get organized Where are the original estate planning documents located? Who is the attorney who drafted the estate plan? Inform them of your parents passing and discuss options for support in settling the estate.

Estate Planning 52

Estate Planning Distribution Accounting Valuation 52

Harness Wealth

JANUARY 28, 2025

Below are the standard deductions and marginal tax rates for 2024 and 2025. in 2024 and are projected to increase by 3.9% Higher 401(k) contribution limits: Starting in 2025, individuals can contribute up to $23,500 to their 401(k) plans, marking an increase from the 2024 limit of $23,000. That said, U.S.

Taxes 52

Taxes Planning Retirement Estate Planning 52