MainStreet Financial Planning

NOVEMBER 14, 2024

Passing on Your Legacy: Planning for Smooth Asset Transfer Hosted by: Vida Jatuils , CFP® & Anna Sergunina , CFP® Guest: Barry W. Finkelstein Are you prepared for how your assets will pass to your loved ones? The essential documents for effective asset transfer, including trusts, wills, and powers of attorney.

Assets 52

Assets Planning Estate Planning CFP 52

Nerd's Eye View

APRIL 8, 2025

Seth is the founder of Heartwood Financial Planning, an advisory firm affiliated with PlanMember Securities Corporation that is based in Fresno, California, and oversees approximately $100 million in assets under management for 850 client households.

Financial Planning 130

Financial Planning Clients Planning Financial Advisor 130

The Big Picture

MAY 6, 2023

ProPublica ) • How companies make it difficult to unsubscribe : I unsubscribed from 16 online services and documented the ways companies made it, knowingly (or unknowingly), challenging. Ron DeSantis are locked in a blood feud over a peculiar tract of land with a wild history.

Wealth Management 311

Wealth Management Engineering Assets Management 311

Nerd's Eye View

JANUARY 24, 2024

In this guest post, David Haughton, the Team Lead for Advanced Planning at Commonwealth Financial Network, explores the importance of comprehensive POAs and how they can be constructed to avoid many of the common pitfalls that loved ones may encounter when accessing an incapacitated person's assets. Unfortunately, nearly half of all U.S.

Estate Planning 246

Estate Planning Accounting Clients Planning 246

Nerd's Eye View

JANUARY 24, 2024

In this guest post, David Haughton, the Team Lead for Advanced Planning at Commonwealth Financial Network, explores the importance of comprehensive POAs and how they can be constructed to avoid many of the common pitfalls that loved ones may encounter when accessing an incapacitated person's assets. Unfortunately, nearly half of all U.S.

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Clients Estate Planning Accounting Planning 246

Nerd's Eye View

APRIL 10, 2024

Every document that considers the facts around any particular asset class will invariably include that disclaimer, but constructing a portfolio consisting of a mix of equities, fixed income, and other assets requires investors and advicers to make some fundamental assumptions around long-term expected returns and correlations between assets.

Asset Allocation 246

Asset Allocation Wealth Accumulation Assets Portfolio 246

Alpha Architect

OCTOBER 14, 2022

It is well documented in the literature that over the long term, low-investment firms have outperformed high-investment firms—with the negative relation between asset growth (AG) and future stock returns particularly featured by the overvaluation of high AG stocks.

Assets 104

Assets Investments Investing 104

The Big Picture

MAY 28, 2023

A painstakingly documented new book by Jonathan Howard, a neurologist at New York University and a veteran debunker of the pseudoscience contaminating our efforts to fight the pandemic. The commingling of these funds put client assets at risk by obscuring their whereabouts. regulators said.

Accounting 299

Accounting Medical Numbers Assets 299

Nerd's Eye View

AUGUST 7, 2023

This month's edition kicks off with the news that estate planning platform Wealth.com has launched Ester, an AI-driven 'legal assistant' that uses machine learning to help advisors quickly review and extract the key information from clients' estate planning documents, as it joins FP Alpha in the competition to become 'Holistiplan for estate planning (..)

Estate Planning 246

Estate Planning Wealth Management Financial Advisor Planning 246

Nerd's Eye View

NOVEMBER 22, 2023

Once they are comfortable with the information and documents that have been shared, they can sign a Letter Of Intent that, while still high-level, provides enough detail about the proposed transaction for the seller to make an informed decision about whether to proceed.

Compliance 246

Compliance Sales Financial Advisor Financial Planning 246

Nerd's Eye View

NOVEMBER 23, 2022

Setting up and maintaining a solo 401(k) plan involves creating plan paperwork (including a written plan document and adoption agreement), keeping records of contributions and withdrawals, and for plans with more than $250,000 in assets, filing Form 5500-EZ annually with the IRS.

Planning 246

Planning Distribution Assets Retirement Planning 246

Nerd's Eye View

JULY 4, 2023

Melissa is the Founder of Pearl Planning, an independent RIA based in Dexter, Michigan, that oversees more than $175 million in assets under management for 251 client households.

Financial Advisor 246

Financial Advisor CFP Clients Assets 246

Nerd's Eye View

MAY 5, 2023

Also in industry news this week: Legislation working its way through Congress would allow for electronic delivery of documents to clients of advisors and other financial services firms by default, though it has been met with some opposition While RIAs have outpaced wirehouses in terms of client asset growth and headcount, industry consolidation has (..)

Financial Planner 246

Financial Planner Financial Services Electronics Compliance 246

Nerd's Eye View

DECEMBER 8, 2023

Also in industry news this week: In a new whitepaper, industry consultant Mark Hurley predicts that the environment for wealth management firms will grow much more competitive amid higher interest rates and greater PE funding of advisory firms, although opportunities exist for RIAs that can successfully attract and serve younger clients at scale According (..)

Financial Planner 246

Financial Planner Numbers Clients Assets 246

Nerd's Eye View

SEPTEMBER 8, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the SEC this week issued a risk alert outlining how it selects firms to examine, the areas it focuses on during exams, and how it chooses which firm documents to request, details that could ultimately help firms (..)

Financial Planner 246

Financial Planner CFP Clients Investment Planning 246

The Big Picture

MARCH 16, 2024

BBC ) • What Deathbed Visions Teach Us About Living : Researchers are documenting a phenomenon that seems to help the dying, as well as those they leave behind. ( BBC ) • What Deathbed Visions Teach Us About Living : Researchers are documenting a phenomenon that seems to help the dying, as well as those they leave behind. (

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Clients Management Numbers Assets 277

The Big Picture

AUGUST 23, 2022

We throw parties, showers, weddings, and funerals to mark these milestones, formalize them with legal documents, write articles, how-to’s, and self-help books about them. Investors Are Shunning Vanguard’s Best Funds : The company’s actively managed funds are shedding assets. These are major life events that receive lots of attention.

Management 299

Management Retirement Economy Accounting 299

Darrow Wealth Management

OCTOBER 1, 2024

Choosing whether to fund a trust with your assets is an important decision in the estate planning process. Here are three main reasons you may want to consider putting your assets in a trust. Funding a trust means retitling assets in the name of your trust. During your life, you can add, use, or remove assets in the trust.

Assets 98

Assets Estate Planning Distribution Taxes 98

Abnormal Returns

OCTOBER 23, 2023

investmentnews.com) Compliance How to conduct and document an annual compliance review. kitces.com) The SEC's examination priorities for 2024 include the marketing rule and alternative assets. (advisorperspectives.com) Vanilla is rolling out more AI tools for estate planning.

Compliance 162

Compliance Estate Planning Financial Advice Financial Advisor 162

Nerd's Eye View

MAY 30, 2023

billion in assets under management for 1,000 client households. My guest on today's podcast is Tim Wyman. Tim is a Managing Partner for the Center for Financial Planning, a hybrid advisory firm based in Southfield, Michigan, that oversees $1.5

Financial Advisor 246

Financial Advisor Financial Planning Clients Planning 246

Brown Advisory

SEPTEMBER 6, 2022

Asset Allocation: Developing a Long-Term Investment Strategy for Mission-Driven Organizations. When putting a plan in place, we believe it is critical for any mission-driven organization to develop an effective, long-term asset allocation strategy to manage its endowment assets. Tue, 09/06/2022 - 10:30. 70–90% vs. 80%).

Asset Allocation 98

Asset Allocation Assets Investing Investments 98

Carson Wealth

JANUARY 3, 2023

Before we dive into the estate planning documents you need to have, it helps to understand how property passes after a death. What Documents Do You Need for Estate Planning? . The following are some of the key documents you should consider including in your estate plan. How to Prepare Estate Plan Documents .

Estate Planning 52

Estate Planning Planning Insurance Financial Advisor 52

Good Financial Cents

JANUARY 16, 2023

Access to wide array of alternative asset classes Access to ultra-wealthy investments Can invest for income or growth Learn More Now. Because the platform holds various assets – real estate , cryptocurrencies , artwork , and more – the average user holds about seven investments. Unique Asset Classes. Yieldstreet IRA.

Assets 94

Assets Investing Investments Accounting 94

Nerd's Eye View

JULY 24, 2024

Beyond the confirmation of the general post-death RMD rules, the 260-page Final Regulations document offers a slew of other regulatory guidance for specific circumstances where the new rules for Eligible and Non-Eligible Designated Beneficiaries apply. Act passed in late 2022.

Distribution 190

Distribution Accounting Retirement Tax Planning 190

Carson Wealth

OCTOBER 5, 2023

Without a will, you are leaving the disposition of your assets and the guardianship of your minor children to a court. In my state, Nebraska, for example, if I were married at the time of my death and died without a will, my surviving spouse would not receive all of my assets if I had children. What Is a Will?

Estate Planning 142

Estate Planning Planning Assets Taxes 142

Nerd's Eye View

AUGUST 5, 2024

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: Envestnet has announced that it is being acquired and taken private in a $4.5

Estate Planning 130

Estate Planning Accounting Assets Clients 130

Carson Wealth

DECEMBER 31, 2024

The simplest form of estate equalization would be dividing all your assets equally by the number of children you have. You would divide all assets equally among beneficiaries, giving each person an equal percentage of each asset. Each of the two children in the prior example might receive different types of assets.

Estate Planning 52

Estate Planning Planning Taxes Distribution 52

Carson Wealth

APRIL 4, 2024

Information you’ll want to document includes: Bank accounts Investments Retirement accounts Estate planning documents (wills, trusts, etc.) But note, in order for a power of attorney (POA) document to be valid, it must be signed by your parents while they are still mentally competent.

Management 137

Management Healthcare Medical Estate Planning 137

Alpha Architect

MAY 28, 2024

The research literature on diversity in asset management, while promising, is limited with respect to the breadth of the evidence produced to date. We don't really understand the broad-based benefits of diversity nor how diversity delivers value in asset management. Does Diversity add value to asset management?

Assets 57

Assets Management Education Communication 57

Pacifica Wealth

FEBRUARY 17, 2022

Optional estate planning documents are generally not legally binding documents. . Their purpose has little or nothing to do with the transfer of assets and do not effect estate tax. Optional estate documents focus on values, lessons, and legacy issues. 1) Organ donor. 2) “What I want you to know.”. 3) Autobiography.

Estate Planning 52

Estate Planning Planning License Wealth Advisor 52

Darrow Wealth Management

MAY 6, 2024

If your parent had a trust, the individual(s) named in the trust documents as successor trustee will control the distribution of the trust assets. Checklist for executors of their parent’s estate Get organized Where are the original estate planning documents located? Gather tax documents and consult a CPA for help.

Estate Planning 100

Estate Planning Distribution Accounting Valuation 100

Integrity Financial Planning

MAY 23, 2023

An estate plan is a legal document that outlines a person’s wishes for the distribution of their assets and property after their death. Here are the basic components of an estate plan: Will : A will is a legal document that outlines how you want your assets and property to be distributed after your death.

Estate Planning 95

Estate Planning Planning Healthcare Medical 95

Carson Wealth

MARCH 14, 2024

2. Leave It Where It Is You may elect to do nothing and leave your assets in your old 401(k). Your plan documents will outline the specifics of this provision, so be sure to check the balance requirement and if there are any deadlines by which you need to move your assets out.

Financial Advisor 143

Financial Advisor Consulting Taxes Retirement 143

A Wealth of Common Sense

JANUARY 10, 2023

It’s now well-documented that 2022 is one of the worst years in history for financial markets. Last year was one of the worst years ever for stocks and the worst year ever for bonds. The logical next step is to look at what has happened next following the prior worst years for stocks, bonds and diversified portfolios.

Financial Market 145

Financial Market Portfolio Marketing Marketing 145

Darrow Wealth Management

NOVEMBER 11, 2024

Each time you take money out from individual retirement accounts, you won’t need to pay taxes on the proportion of nondeductible contributions to all IRA assets. lifetime non-deductible contributions – previous nontaxable distributions) d ivided by Total IRA Assets (e.g. This is called the pro-rata rule.

Taxes 95

Taxes Distribution Retirement Retirement Planning 95

The Chicago Financial Planner

NOVEMBER 27, 2022

A Roth feature is available for a Solo 401(k) if allowed by your plan document. For those wishing to invest in alternative assets inside of their SEP or solo 401(k), a number of self-directed retirement plan custodians offer this option. This might be the better alternative for those with plenty of cash and a variable income.

Retirement Planning 263

Retirement Planning Retirement Planning Financial Planner 263

Validea

MARCH 18, 2025

For measuring fundamental strength, Twin Momentum analyzes seven critical financial metrics: Earnings growth Return on equity (ROE) Return on assets (ROA) Accrual operating profitability to equity Cash operating profitability to assets Gross profit to assets Net payout ratio Pioneered by financial researcher Dashan Huang and documented in his “Twin (..)

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Food Assets Sales Investments 52