Abnormal Returns

OCTOBER 18, 2024

abnormalreturns.com) Longform links: facilitating communication. (vox.com) Earlier on Abnormal Returns Podcast links: crime and disorder. abnormalreturns.com) What you missed in our Thursday linkfest. abnormalreturns.com) Celebrating our nineteenth blogiversary. Then check out our weekly e-mail newsletter.

Assets 278

Assets Financial Advising Communication Banking 278

Nerd's Eye View

AUGUST 28, 2024

For advisors who want to advise on clients' 401(k) plan assets but who can't manage them directly, there have generally been 2 options. And yet the fact remains that technology like Pontera may still be preferable to the alternatives that exist for advisors to advise on and manage clients' 401(k) assets (e.g., Read More.

Assets 246

Assets Management Clients Compliance 246

Nerd's Eye View

APRIL 24, 2024

Over the past few decades, advicers have used Monte Carlo analysis tools to communicate to clients if their assets and planned level of spending were sufficient for them to realize their goals while (critically) not running out of money in retirement.

Communication 246

Communication Retirement Clients Accounting 246

Nerd's Eye View

JANUARY 9, 2025

On the other hand, the term "financial advice" often refers to much more than asset allocation and wealth management. On one hand, a client's willingness to pay an ongoing fee for financial advice suggests that they find the advisor's services worthwhile.

Financial Advice 228

Financial Advice Asset Allocation Clients Wealth Management 228

Nerd's Eye View

NOVEMBER 14, 2024

As the financial advice industry began shifting from a sales-based model to a more sustainable asset management approach, advisors found their roles shifting along with it. Yet, even for advisors who understand the value of delegation, actually letting go is often easier said than done.

Financial Advice 246

Financial Advice Communication Sales Assets 246

Nerd's Eye View

NOVEMBER 29, 2024

Which could prove to be a boon for the financial advice industry as more consumers are willing to entrust their assets to an advisor (while at the same time possibly making it tougher for some advisors to differentiate themselves primarily by how they put their clients' interests first?).

Financial Planner 246

Financial Planner Financial Advice Retirement Financial Advisor 246

Nerd's Eye View

AUGUST 28, 2024

For advisors who want to advise on clients' 401(k) plan assets but who can't manage them directly, there have generally been 2 options. And yet the fact remains that technology like Pontera may still be preferable to the alternatives that exist for advisors to advise on and manage clients' 401(k) assets (e.g., Read More.

Assets 245

Assets Management Compliance Retirement Planning 245

Nerd's Eye View

DECEMBER 30, 2024

We start with several articles on retirement planning: Why considering a client's retirement time horizon and spending flexibility could lead to more accurate (and often higher) safe withdrawal rates than the simpler "4% rule" Four unique risks retirees face when drawing down their assets, from sequence of returns risk to tax risk, and how financial (..)

Financial Advisor 240

Financial Advisor Insurance Tax Planning Taxes 240

Wealth Management

MARCH 19, 2024

Lee, CEO of Keebeck Wealth Management, is teaming up with a new asset management, research and communications platform to achieve scale via ‘digital army.’

Wealth Management 280

Wealth Management Communication Assets Management 280

Abnormal Returns

OCTOBER 14, 2024

standarddeviationspod.com) Brendan Frazier talks with Kathi Balasek about communicating with grieving clients. podcasts.apple.com) Eric Golden talks with Robbie Cannon is the founder of Horizon Investments about the blurring of lines between asset and wealth management. fa-mag.com) How the Dynasty deal came together.

Estate Planning 279

Estate Planning Financial Planner Wealth Management Retirement 279

Abnormal Returns

OCTOBER 17, 2024

wsj.com) Asset management Asset managers are rushing to launch CLO ETFs. wsj.com) India's asset management market is fiercely competitive. econbrowser.com) Earlier on Abnormal Returns Longform links: facilitating communication. Markets Global market correlations are higher than they used to be, but aren't 1.0.

Financial Advising 276

Financial Advising Communication Assets Economy 276

Random Roger's Retirement Planning

FEBRUARY 8, 2025

Barron's had a very quick look at the recent popularity of private assets to try to figure out whether investors should wade into the space. I would imagine that once the new communications sector begins to get ten year rolling periods under its belt, it too will outperform in a similar manner with the same tradeoff.

Assets 52

Assets Engineering Food Communication 52

Nerd's Eye View

FEBRUARY 9, 2023

For many financial advisors, setting asset minimums helps ensure that their firm can generate enough revenue to maintain business costs and compensate the advisor appropriately. A simple way for advisors to educate prospects about asset minimums is to include the information on their firm’s website.

Assets 246

Assets Communication Financial Advisor Financial Planning 246

Nerd's Eye View

JULY 26, 2024

The study also identified attributes of "top performing" firms across a range of metrics, finding that they are more likely than other firms to have a clear ideal client persona, client value proposition, and marketing plan.

Financial Planner 246

Financial Planner Retirement Communication Financial Advisor 246

The Big Picture

AUGUST 15, 2022

The asset class has exploded in popularity over the past two decades — but that doesn’t mean it’s about to blow up, argues our columnist. ( Institutional Investor ). • 100 Tips for a Better Life : You can improve your communication skills with practice much more effectively than you can improve your intelligence with practice.

Communication 298

Communication Startup Management Economics 298

Nerd's Eye View

JUNE 1, 2023

In our 113th episode of Kitces & Carl, Michael Kitces and client communication expert Carl Richards discuss what it means to be a lead advisor, the paths associate advisors can take to advance into a lead advisor role, and how to communicate career growth goals with senior advisors.

Communication 246

Communication Financial Advisor Clients Management 246

Abnormal Returns

NOVEMBER 16, 2023

Active management Why asset allocators usually fail when it comes to manager selection. newsletter.abnormalreturns.com) Mixed media Apple ($AAPL) is planning to adopt the RCS (Rich Communication Services) messaging standard. investmentecosystem.com) When does conviction turn into arrogance? Then check out our weekly e-mail newsletter.

Asset Allocation 264

Asset Allocation Financial Advising Insurance Communication 264

Abnormal Returns

FEBRUARY 12, 2024

Podcasts Brendan Frazier talks with Sten Morgan, the founder of Legacy Investment Planning, about better communicating with clients. trillion in assets. wiredplanning.com) Michael Kitces talks with David Savir who is the Co-Founder and CEO of Element Pointe Family Office, about crafting an employee equity program.

Wealth Management 262

Wealth Management Retirement Communication Investment Planning 262

Million Dollar Round Table (MDRT)

JANUARY 14, 2025

And that’s gone across into our social media communications. We’re talking on social media about things that can help people learn more, understand more, and engage more with us as financial planners and also as a financial planning community. Lead with advice and understanding them and what it is they really need.

Financial Planner 98

Financial Planner Education Communication CFP 98

The Big Picture

MAY 20, 2023

The firm manages about $145 billion in client assets and is the world’s largest publicly traded hedge fund. She is also a member of Man Group’s senior executive governance committee.

Compliance 312

Compliance Communication Government Banking 312

Abnormal Returns

JULY 24, 2023

thinkadvisor.com) Charles Schwab Charles Schwab ($SCHW) and TDA continues to grow RIA assets. marknewfield.substack.com) Why open communication is vital when it comes to inheritance dynamics. (thinkadvisor.com) A Q&A with Rob Meyerson, founder and principal of Heirloom, about naming your firm.

Valuation 243

Valuation Communication Financial Planning Management 243

Indigo Marketing Agency

MARCH 14, 2023

As a financial advisor, it’s crucial to effectively communicate this event to your clients to help them understand the potential impact it may have on their investments and overall financial well-being. Proactive communication is good client service. Does this level of communication feel overwhelming? Provide context.

Communication 98

Communication Banking Clients Financial Advisor 98

Abnormal Returns

DECEMBER 5, 2022

riabiz.com) Communication Having a public presence can be scary for advisers. advisorperspectives.com) IRAs Why asset location matters from a tax-perspective. (cnbc.com) Startup 401(k) provider Blooom has abruptly closed its doors. wealthmanagement.com) Should you write your clients an annual letter?

Financial Planner 246

Financial Planner Estate Planning Startup Communication 246

Abnormal Returns

DECEMBER 7, 2022

tonyisola.com) How couples communicate about money is more important than the details. theatlantic.com) Investing Rubin Miller, "We, and those who may rely on or eventually benefit from our assets, deserve more than us ineffectually winging it." wsj.com) More Americans are entering old age without any family.

Communication 243

Communication Taxes Retirement Planning 243

Nerd's Eye View

JULY 31, 2024

Which means the firm will need to provide records of holdings and transactions for each of its clients (which may require some training and practice for employees to be able to quickly pull the needed data from the firm's custodian), as well as archived client communications and any advertisements produced by the firm.

Compliance 246

Compliance Ethics Advertising Clients 246

Abnormal Returns

MARCH 20, 2023

Podcasts Brendan Frazier talks with Deirdre Van Nest about communicating with clients in an emotionally-compelling way. wiredplanning.com) Daniel Crosby talks with Emily Koochel about defining and seeking financial wellness. standarddeviationspod.com) Banks The combined UBS-CS will be a money management giant.

Estate Planning 245

Estate Planning Retirement Communication Financial Planning 245

Abnormal Returns

SEPTEMBER 4, 2023

citywire.com) Charles Schwab ($SCHW) is on track to retain ~95% of TDA assets. Communicate your understanding of the client’s underlying issues and concerns in terms that the client can understand. (advisorhub.com) How Creative Planning plans to integrate Goldman Sachs' PFM unit. Then explain how you will address them."

Estate Planning 264

Estate Planning Retirement Financial Planning Planning 264

Abnormal Returns

MARCH 14, 2023

portfoliocharts.com) Safe assets aren't safe if there is a duration mismatch. ft.com) SVB failed in its communication strategy. Strategy What investing lessons can we cull from the downfall of SVB? fortunesandfrictions.com) Even great companies will 'decline eventually.'

Startup 244

Startup Financial Guidance Financial Advising Banking 244

Nerd's Eye View

JULY 22, 2024

Good teams are valuable not just from a productivity standpoint (as they allow the firm to serve more clients); they can also be an asset when it comes to developing new business and attracting high-net-worth clients.

Clients 246

Clients Communication Compliance Management 246

Abnormal Returns

JULY 18, 2023

axios.com) Space Viasat's new $700 million communications satellite is likely a full write-off. morningstar.com) Strive Asset Management is toning down its anti-woke agenda. (technologyreview.com) Future AI models may end up getting trained on AI-generated content. om.co) Hollywood strikes are, in part, about the prospects of AI use.

Financial Advising 246

Financial Advising Media Communication Financial Advisor 246

Nerd's Eye View

AUGUST 8, 2022

But while the messaging on many advisory firm websites speaks to a firm's capabilities, a better approach to drive engagement is to frame communication around the prospect's needs. First, it's important to make the consumer (rather than the firm) the main character in the firm's communications.

Communication 245

Communication Consulting Clients Numbers 245

Nerd's Eye View

AUGUST 8, 2022

But while the messaging on many advisory firm websites speaks to a firm's capabilities, a better approach to drive engagement is to frame communication around the prospect's needs. First, it's important to make the consumer (rather than the firm) the main character in the firm's communications.

Marketing 241

Marketing Marketing Communication Consulting 241

The Big Picture

SEPTEMBER 19, 2023

The transcript from this week’s, MiB: Elizabeth Burton, Goldman Sachs Asset Management , is below. Elizabeth Burton is Goldman Sachs asset management’s client investment strategist. It depends on your asset allocation. And they took it out of their asset allocation in favor of other strategies.

Assets 147

Assets Management Investing Investments 147

The Big Picture

DECEMBER 12, 2022

Has private equity avoided the asset-price crash? Gen Z’s use of emojis, slang and punctuation is confusing older colleagues as workplace communications are increasingly online. The bond market certainly DID NOT see the pandemic-induced inflation coming. ( New York Times ). • No, but everyone is enjoying the charade. Economist ).

Math 306

Math Economy Communication Economics 306

Million Dollar Round Table (MDRT)

MAY 21, 2023

By Jeffrey Scott, CFP, ChFC We sell an intangible asset that is nothing more than a promise to pay a particular amount at a specific point in time. We must convince our clients of the importance of life insurance in their individual lives. Here’s how we can do that.

Insurance 98

Insurance Communication CFP Clients 98

Nerd's Eye View

AUGUST 30, 2024

Nonetheless, given that adding services requires an investment on the part of the firm (often in the form of increased staffing to offer high-touch services and add needed expertise), firms appear to be analyzing the costs and benefits of offering these services in-house versus adding value to clients by referring them to trusted professionals in these (..)

Financial Planner 241

Financial Planner Financial Advisor Retirement Clients 241

Nerd's Eye View

OCTOBER 16, 2023

Consumers have a wide range of options when it comes to choosing a provider of financial advice, from larger wirehouses and asset managers to smaller Registered Investment Advisers (RIAs). This lets prospective clients know what to expect (and helps them understand the value they will be receiving in exchange for their fees!).

Financial Planning 246

Financial Planning Marketing Marketing Financial Advice 246