Nerd's Eye View

OCTOBER 8, 2024

In this episode, we talk in-depth about how Michael and his fellow partners used the perpetual purpose trust, which now "owns" the underlying RIA, to implement a succession that provided them with an up-front payment financed by a loan taken out by the business as well as ongoing earn-outs, and allowing them to monetize their original stakes in the (..)

Financial Advisor 246

Financial Advisor Clients Distribution Planning 246

Nerd's Eye View

JUNE 25, 2024

In this episode, we talk in-depth about Chris's efficient planning process, including how he works through clients' financial plans collaboratively during their annual meetings and sends them a final copy afterward (instead of conducting a lot of time-intensive plan preparation in advance), how Chris used to do in-depth cash flow analyses with his (..)

Clients 242

Clients Financial Advisor Financial Planning Planning 242

Nerd's Eye View

MAY 1, 2023

Rowe Price has acquired Retiree Income, the parent company of popular retirement income planning software SSAnalyzer and Income Solver, to put its resources behind developing and distributing the company’s planning tools (albeit perhaps more to its retail and employee retirement plan clients than to advisors?).

Taxes 245

Taxes Retirement Planning Advertising Retirement 245

Nerd's Eye View

JANUARY 1, 2024

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: JPMorgan has announced plans to shut down its robo-advisor offering after just four years, highlighting broadly the challenges of robo-advisors to overcome the challenging economics of acquiring and serving small clients, and in (..)

Retirement Planning 246

Retirement Planning Startup Compliance Clients 246

Nerd's Eye View

DECEMBER 4, 2023

Envestnet has announced a partnership with Empower to offer a turnkey 401(k) plan management solution for advisors with small business owner clients – but it isn't clear whether making 401(k) plan management 'easier' will actually convince more advisors to manage 401(k) plans, given how advisors have largely been averse to 401(k) plan management (..)

Financial Advisor 246

Financial Advisor Clients Planning Distribution 246

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 Investing Investments Marketing 246

Nerd's Eye View

JUNE 21, 2023

While most of the Rule’s requirements are relatively straightforward, there are detailed nuances that IAR advisers must be familiar with to enforce their own codes of ethics pursuant to the SEC’s rule.

Ethics 244

Ethics Fiduciary Duty Compliance Clients 244

Nerd's Eye View

MARCH 23, 2023

While there is no set rule on how long or short a manifesto used for marketing purposes needs to be, it is generally useful to provide it in a format that can be easily read and distributed.

Financial Advice 130

Financial Advice Communication Financial Planning Marketing 130

Trade Brains

JUNE 2, 2024

They plan to launch new products with advanced features for international markets along with increasing its distribution network and manpower deployment. They are implementing digitization initiatives across processes like integrated business planning, logistics, warehouse management and sales force efficiency.

Planning 104

Planning Manufacturing Sales Portfolio 104

Trade Brains

SEPTEMBER 21, 2024

It has specialized in generating, transmitting, and distributing electricity. Segment Analysis of Reliance Infrastructure Power Distribution The Power segment generates, transmits, and distributes electrical power at various locations. It is part of the Reliance Anil Dhirubhai Ambani Group. MW) wind farms.

Transportation 52

Transportation Engineering Distribution Planning 52

Fortune Financial

SEPTEMBER 25, 2023

Estate Planning Estate planning ensures your assets are distributed according to your wishes and can minimize tax liabilities, leaving additional resources to heirs. Services may include assisting with wills and trusts and developing a plan to transfer wealth to heirs or charitable organizations to create a legacy.

Wealth Management 59

Wealth Management Management Risk Tolerance Retirement Planning 59

Steve Sanduski

APRIL 22, 2023

A portion of these lost assets are often offset by existing clients adding new money so now we’re down to about 2 – 4% of new revenue needed to reach breakeven.

Clients 64

Clients Distribution Assets Financial Advising 64

Fortune Financial

SEPTEMBER 25, 2023

Estate Planning Estate planning ensures your assets are distributed according to your wishes and can minimize tax liabilities, leaving additional resources to heirs. Services may include assisting with wills and trusts and developing a plan to transfer wealth to heirs or charitable organizations to create a legacy.

Wealth Management 52

Wealth Management Management Risk Tolerance Retirement Planning 52

Good Financial Cents

JULY 17, 2023

Certified Financial Planner Mark Davis suggests, “For those with an entrepreneurial spirit, starting a business or investing in profitable ventures can be a great way to generate substantial income. It’s important to conduct thorough market research and develop a solid business plan to maximize your chances of success.”

Certified Financial Planner 69

Certified Financial Planner Wealth Accumulation Financial Planner Certification 69

Steve Sanduski

MAY 16, 2023

AI will accelerate the commodification of investing and “money-based financial planning.” If you’re hanging your hat on “retirement income distribution planning,” or answering the question, “Do I have enough money to retire?” I asked ChatGPT-4 to develop a retirement income distribution plan for me and it did a credible job.

Planning 52

Planning Financial Planning Financial Advisor Financial Advice 52

Trade Brains

FEBRUARY 8, 2023

Top Value Stocks in India #2 – Bayer CropScience Bayer CropScience is engaged in the Agri Care business which primarily includes the manufacture, sale, and distribution of insecticides, fungicides, herbicides, and various other agrochemical products and corn seeds. Profit (in Crores) ₹300.10 ₹337.10 ₹474.50 ₹493.10 ₹645.30

Pharmaceutical 52

Pharmaceutical Assets Investments Investing 52

Steve Sanduski

AUGUST 4, 2022

At that point, they focus on maintaining the business and the business grows through a few referrals (who replace distributions and lost clients) and rising markets over time. If they survive, they start making several hundred thousand dollars a year in personal income and they’re happy.

Math 52

Math Portfolio Numbers Financial Market 52

Clever Girl Finance

AUGUST 2, 2022

If you use a Roth IRA, you pay taxes on contributions but not on qualified distributions when you retire. Dividend investing means buying shares of companies that pay a dividend, or distribution from company profits. If you can start a business with no money at all, go for it. You have nothing to lose but some time and effort.

Education 59

Education Retirement Investments Investing 59

Steve Sanduski

JANUARY 30, 2023

Those two things typically offset clients who leave (2 – 3% per year on average), clients who take distributions (3 – 5% per year), and your 1% advisory fee. The net result is zero organic growth and a business wholly dependent on fickle markets. Yes, generating organic growth is much easier said than done.

Clients 52

Clients Distribution Communication Management 52

Good Financial Cents

APRIL 19, 2023

You can earn passive income whether you’re an entrepreneur with a brilliant business plan, a talented artist, or just happen to have extra cash to invest. REITs own and manage income-producing properties and distribute the profits to investors. Fundrise specializes in REITs ( real estate investment trust ).

Accounting 105

Accounting Investing Investments Media 105

Nerd's Eye View

DECEMBER 28, 2022

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, brought a wide range of changes to the retirement planning landscape, from the death of the ‘stretch’ IRA to raising the age for Required Minimum Distributions (RMDs) to 72. In addition, SECURE 2.0 backdoor Roth conversions).

Tax Planning 246

Tax Planning Planning Taxes Retirement Planning 246

Nerd's Eye View

DECEMBER 28, 2022

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, brought a wide range of changes to the retirement planning landscape, from the death of the ‘stretch’ IRA to raising the age for Required Minimum Distributions (RMDs) to 72. In addition, SECURE 2.0 backdoor Roth conversions).

Tax Planning 246

Tax Planning Planning Taxes Retirement Planning 246

The Big Picture

OCTOBER 19, 2022

And so we don’t do the payment for distribution. There is that same payment for distribution service, the mutual funds. Second, if there’s a dividend distribution, I capture some of that. And so we distributed through that through thousands of advisors, I mean, thousands of those engagements a year.

Financial Advisor 286

Financial Advisor Clients Taxes Investments 286

Nationwide Financial

MARCH 6, 2023

While clients are thinking about 2022’s taxes, it’s a good time to discuss income, estate, and business planning opportunities for 2023. Make sure they take their required minimum distributions Clients who are age 73 or over must take required minimum distributions (RMDs) from their qualified plans and IRAs.

Tax Planning 78

Tax Planning Taxes Planning Distribution 78

The Big Picture

SEPTEMBER 23, 2024

00:04:39 [Speaker Changed] At Citi and at Merrill, I ran a proprietary trading business. And proprietary trading is using the firm capital to kind of buy it and also to distribute it, to syndicated it more broadly at the same time. I have worked at Booz Allen and Hamilton, I’m a strategic planning guy. We should grow in.

Banking 147

Banking Investments Investing Assets 147

The Big Picture

MAY 30, 2023

And so these were two stories, maybe three, before I’m 9-years-old of bad economics, bad culture, and a bad business plan. By the way, there’s a difference between an entrepreneur and a businessman or a business woman. Different risk tolerance and different business plan. They have a dumb business plan.

Banking 147

Banking Economics Business Planning Economy 147

The Big Picture

MARCH 5, 2024

They really encouraged us to, to start businesses. So I remember writing the merger, our business plan there. And then implementing the business. And 00:27:26 [Speaker Changed] That sort of distributed computer has no ceiling in the real, essentially no capacity. So, so it’s pretty neat. Infinite capacity.

Banking 147

Banking Portfolio Assets Investments 147

Brown Advisory

FEBRUARY 13, 2017

Their compensation may take the form of consulting income, business distributions or equity ownership. With a well-vetted business plan, she came to us for guidance on how to proceed. Today, many of them find themselves in sectors shifting toward non-traditional corporate structures or work settings.

Clients 52

Clients Planning Portfolio Investing 52

Brown Advisory

FEBRUARY 13, 2017

Their compensation may take the form of consulting income, business distributions or equity ownership. With a well-vetted business plan, she came to us for guidance on how to proceed. Today, many of them find themselves in sectors shifting toward non-traditional corporate structures or work settings.

Clients 52

Clients Planning Portfolio Investing 52

The Big Picture

JULY 4, 2023

WEINSTEIN: Well, it was better for me in that the weight was relatively evenly distributed. We do case studies, idea pitches, mock portfolios, business plans. RITHOLTZ: Right. You look like, you must’ve looked like the snake that swallowed the goat. So I could, I gained 70 pounds when I was pregnant.

Management 147

Management Recruitment Numbers Banking 147

The Big Picture

JULY 18, 2023

And we have a great leadership team that Stephen Scherr is running that’s doing an exceptional job in prosecuting that business plan. WAGNER: There’s no question that we need to be modernizing our electric distribution system. And so, you know, that was really predicated on those three core tenets.

Investments 130

Investments Investing Assets Insurance 130

James Hendries

FEBRUARY 23, 2023

In the opening stages of the discussion regarding the succession plan, the question of compensation or other distributions will probably arise. If an unfunded plan is put into effect, the family owners who will ultimately be buying your interest in the business may not have the cash or the borrowing ability at your death.

Planning 40

Planning Startup Taxes Clients 40

Nerd's Eye View

DECEMBER 4, 2024

However, it's also possible for advisors to launch and manage their own private funds, which can allow them to further tailor their investment strategy to their clients' needs and to grow their business by attracting more high-net-worth clientele, while potentially cutting out some of the cost layers that clients face when using third-party alts distribution (..)

Clients 225

Clients Financial Advice Investing Investments 225

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: We, we distributed the stock to our LPs.

Media 290

Media Investments Investing Valuation 290

The Big Picture

FEBRUARY 4, 2025

So it is the reality, it’s not very comfortable for the Fed to talk about it this way, but it is with reality that fed policy has distributional consequences. And that’s exactly the distribution across the income distribution across age, across FICO scores.

Economy 257

Economy Banking Economics Taxes 257