Nerd's Eye View

NOVEMBER 6, 2023

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: FinanceHQ has launched as a new digital lead generation platform for financial advisors, which takes a more niche-focused approach to matching prospective clients with advisors – representing a bet that capturing prospects (..)

Compliance 246

Compliance Valuation Financial Advisor Clients 246

Nerd's Eye View

JUNE 21, 2023

As a starting point, investment advisers must address 3 important questions when designing and implementing a compliant code of ethics: who within the firm is subject to reporting their personal securities transactions; what information needs to be reported; and when this information must be reported.

Ethics 244

Ethics Fiduciary Duty Compliance Clients 244

Nerd's Eye View

JUNE 6, 2023

Adam is a principal with RubinGoldman and Associates, and the Founder and CEO of Asset-Map, a financial planning tool that helps financial advisors create a visual representation of their clients’ financial situation, reaching over 1.25 million users.

Assets 246

Assets Financial Advisor Financial Planning Insurance 246

Nerd's Eye View

JULY 12, 2022

And be certain to listen to the end, where Kamila shares how she was surprised by how much time it takes to manage aspects of her business, like compliance, technology, and having time to learn new industry information in order to build a successful practice, how Kamila now recognizes risk and fear are part of growth and wishes she could have taken (..)

Financial Advisor 246

Financial Advisor CFP Clients Financial Planning 246

Nerd's Eye View

JUNE 26, 2023

Firms seeking acquisitions may talk up their values prior to the sale, but the reality is that at a firm that is rapidly acquiring other businesses – particularly when funded by private equity ownership – the focus is often on the growth of assets and profitability, no matter what the core values are purported to be.

Compliance 246

Compliance Sales Planning Media 246

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

JUNE 12, 2024

Or if an advisor knowingly misled a client in giving information that led them to make an investment decision, they could be penalized for giving fraudulent advice under state or Federal law.

Fiduciary Duty 245

Fiduciary Duty Risk Tolerance Investments Investing 245

Nerd's Eye View

AUGUST 24, 2022

To start, the agreement should contain basic information about the adviser-client relationship, including who the client is (e.g., a single person, a couple, a business, or a retirement plan) and the date on which the agreement will become effective.

Electronics 242

Electronics Clients Retirement Planning Financial Advice 242

Nerd's Eye View

AUGUST 24, 2022

To start, the agreement should contain basic information about the adviser-client relationship, including who the client is (e.g., a single person, a couple, a business, or a retirement plan) and the date on which the agreement will become effective.

Electronics 238

Electronics Clients Retirement Planning Financial Advice 238

Nerd's Eye View

JANUARY 17, 2024

One of his most used prompts processes discovery meeting transcripts and allows users to gather, summarize, and organize key information, including demographic data, topics discussed, key points, action items, and next steps.

Financial Advice 130

Financial Advice Financial Planning Planning Clients 130

Nerd's Eye View

DECEMBER 7, 2022

Two final prohibitions under the Marketing Rule include restrictions on the use of predecessor performance (e.g.,

Advertising 246

Advertising Investments Investing Marketing 246

Nerd's Eye View

AUGUST 17, 2022

In terms of specific advisory agreement language, the Advisers Act focuses essentially on three items: First, the law restricts RIAs from charging performance-based fees unless the client is a “qualified client” (in most cases, a client with at least $1.1

Clients 246

Clients Assets Financial Planning Management 246

Nerd's Eye View

AUGUST 30, 2023

Ultimately, the key point is that non-solicit agreements that represent the investment that firms and their advisors make into attracting and serving clients can leave each side feeling confident that their interests will be respected if the advisor and firm ever decide to separate in the future.

Clients 246

Clients Communication Financial Planning Planning 246

Nerd's Eye View

AUGUST 17, 2022

In terms of specific advisory agreement language, the Advisers Act focuses essentially on three items: First, the law restricts RIAs from charging performance-based fees unless the client is a “qualified client” (in most cases, a client with at least $1.1

Clients 230

Clients Assets Financial Planning Management 230

MazumaBusinessAccounting

NOVEMBER 1, 2022

Take some time to gain more insight as to whether or not your business can make an impact within that industry. Understanding your potential market will allow you to better form your business plan. Create a Business Plan A business plan is important because it outlines your overall goals and shows how you plan to achieve them.

Business Planning 52

Business Planning Accounting Taxes Startup 52

MazumaBusinessAccounting

NOVEMBER 2, 2022

Take some time to gain more insight as to whether or not your business can make an impact within that industry. Understanding your potential market will allow you to better form your business plan. Create a Business Plan. When creating your business plan, be sure to consider all aspects of your business.

Business Planning 52

Business Planning Accounting Taxes Startup 52

Indigo Marketing Agency

JULY 1, 2024

When the economy is changing all the time, you need more than just a good business plan to stay ahead of the competition. It needs a personalized, cutting-edge marketing plan, which is where a marketing agency for financial services comes in. Here are five of the best reasons to work with such specialized companies.

Financial Services 52

Financial Services Marketing Marketing Media 52

Fortune Financial

SEPTEMBER 25, 2023

Certified Public Accountant (CPA) CPAs specialize in tax planning and accounting. Regulatory Compliance Ensure the wealth management firm is registered and compliant with relevant regulatory authorities. With our comprehensive range of services, we ensure that you have the knowledge and tools to make fully informed decisions.

Wealth Management 59

Wealth Management Management Risk Tolerance Retirement Planning 59

Fortune Financial

SEPTEMBER 25, 2023

Certified Public Accountant (CPA) CPAs specialize in tax planning and accounting. Regulatory Compliance Ensure the wealth management firm is registered and compliant with relevant regulatory authorities. With our comprehensive range of services, we ensure that you have the knowledge and tools to make fully informed decisions.

Wealth Management 52

Wealth Management Management Risk Tolerance Retirement Planning 52

Fortune Financial

MARCH 5, 2024

Regular contributions are vital, but so is ensuring the plan remains a good fit for your evolving business and workforce. This means staying informed about plan performance, fees and compliance requirements. Sustained Oversight: A successful 401k plan requires more than just initial enthusiasm.

Retirement Planning 52

Retirement Planning Financial Advisor Retirement Taxes 52

Nerd's Eye View

FEBRUARY 21, 2024

In 2021, Congress passed the Corporate Transparency Act, which, for the first time, required small business entities such as LLCs and corporations to report identifying information on their "beneficial owners" (i.e., those who own at least 25% of, or who otherwise exercise substantial control over the business). Read More.

Insurance 241

Insurance Numbers Clients Business Planning 241

Sara Grillo

MAY 23, 2022

They won’t tell me any of the information that’s important to me without taking control of my $3MM and charging me $30,000 a year. Why should I have to wait for that information?”. He saw the reality of the industry being that many fee-only wealth management firms may offer financial planning, but it was just a loss leader.

Financial Planner 52

Financial Planner CFP Financial Planning Education 52

The Big Picture

MAY 16, 2023

And I’m like, dad, I found I need 25 grand to get going and my dad said send me a business plan. I went to business school RITHOLTZ: He just wanted you to go through the exercise. LINDZON: No, so obviously, I did the business plan, I’m kidding. LINDZON: Information Arbitrage. RITHOLTZ: Yes.

Media 290

Media Investments Investing Valuation 290