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

APRIL 26, 2023

The 1st category of tasks that advisory firms must handle involves renewing their registration with the applicable state(s) in which they do business each year, which typically involves submitting select documents (e.g.,

Compliance 246

Compliance Clients Accounting Advertising 246

Nerd's Eye View

AUGUST 24, 2022

The agreement should also lay out some acknowledgments for the client to review.

Electronics 242

Electronics Clients Retirement Planning Financial Advice 242

Nerd's Eye View

AUGUST 24, 2022

The agreement should also lay out some acknowledgments for the client to review.

Electronics 238

Electronics Clients Retirement Planning Financial Advice 238

Nerd's Eye View

APRIL 26, 2023

The 1st category of tasks that advisory firms must handle involves renewing their registration with the applicable state(s) in which they do business each year, which typically involves submitting select documents (e.g.,

Compliance 246

Compliance Clients Advertising Accounting 246

Nerd's Eye View

JUNE 13, 2023

We also talk about how Danika’s former career in corporate finance at a number of tech startups inspired her to work with women in tech, as she realized that she understood the financial issues they faced and by being specifically niche-focused, she could create more repeatable processes and it would be easier to scale the business over time, (..)

Financial Advisor 246

Financial Advisor Clients Startup Financial Planning 246

Nerd's Eye View

JULY 4, 2023

What's unique about Melissa, though, is how she originally built her career following a path of becoming a partner in a large ensemble firm, but when she finally got the opportunity to make partner she still had an external lawyer review the partnership documents and the company’s operating agreement like a prenup – hoping for the best (..)

Financial Advisor 246

Financial Advisor CFP Clients Assets 246

James Hendries

DECEMBER 25, 2022

A well-crafted business plan can be a blueprint for entrepreneurial confidence. This multifaceted tool is as important to established business owners looking to grow their companies as it is to budding entrepreneurs. A business plan defines your business, outlines your goals, and lays a strong foundation for achieving them.

Business Planning 52

Business Planning Planning Startup Engineering 52

Nerd's Eye View

JULY 25, 2022

And in the coming month, we’ll be rolling out our newest course on “How To Spot Planning Opportunities when Reviewing Estate Planning Documents” Because, the reality is, while we may learn about tax and estate planning in our CFP classes, there’s remarkably little to show us as advisors how best to navigate the reams of tax (..)

Financial Planning 244

Financial Planning Education Estate Planning CFP 244

Nerd's Eye View

MAY 6, 2024

WhatsApp ), in a reminder to all advisory firms that all business-related communication must be archived (and reviewed!)

Financial Advisor 233

Financial Advisor Retirement Planning CFP Clients 233

Nerd's Eye View

FEBRUARY 21, 2024

Additionally, companies formed on or after January 1, 2024, will need to include "company applicants", which are the individuals who filed and/or directed the filing of the company's business formation documents at the state level in their BOI reporting. And if any of the company's beneficial owners change (e.g.,

Insurance 241

Insurance Numbers Clients Business Planning 241

Nerd's Eye View

NOVEMBER 21, 2022

This may be done through a Client Engagement Standards document, which can ensure clients understand the process and their obligations to provide the advisor with the requested information.

Financial Planning 244

Financial Planning Planning Estate Planning Clients 244

Nerd's Eye View

AUGUST 28, 2023

While many RIAs have already tackled some of the bigger issues around the conversion such as informing clients of the changes and updating regulatory documents, there are still some operational intricacies in the TD Ameritrade to Schwab transition process for advisors to address that could cause headaches if they're missed.

Financial Advisor 246

Financial Advisor Distribution Clients Accounting 246

Nerd's Eye View

MAY 30, 2023

In this episode, we talk in-depth about why Tim and another G2 partner decided to transition the firm from a siloed advisor structure to an ensemble to both fulfill the vision of first-generation partners to evolve the firm into an enterprise and also create equitable partnership opportunities for all employees of the firm, how Tim and his firm worked (..)

Financial Advisor 246

Financial Advisor Financial Planning Clients Planning 246

Nerd's Eye View

DECEMBER 12, 2022

We will also be hiring a new Director of Advisor Education, Instructional DesigNerd, and Director of Advisor research soon to support our efforts to provide the best educational content for Advicers.

Education 246

Education CFP Certification License 246

Nerd's Eye View

JANUARY 16, 2024

We also talk about Thomas' growth in leads led him to create an increasingly stringent filtering process to ensure he only spends time with the most qualified prospects, and minimize discovery calls that would otherwise turn out to be a bad fit, how Thomas' planning process builds up to what can be a 20 to 40 itemized list of recommendations but uses (..)

Media 246

Media Financial Advisor Financial Planning Planning 246

Nerd's Eye View

JANUARY 2, 2023

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: Docupace launches an ‘RIA Productivity Toolkit’ as it increasingly expands beyond its document management roots in a bid to become more of the back-office workflow engine of small-to-mid-sized advisor enterprises.

Insurance 246

Insurance Engineering Financial Advisor Clients 246

Nerd's Eye View

JUNE 21, 2023

Ultimately, the key point is that an investment adviser’s code of ethics is not just a pro forma document, but rather a key part of ensuring that the firm is living up to its fiduciary duty to its clients.

Ethics 244

Ethics Fiduciary Duty Compliance Clients 244

Nerd's Eye View

NOVEMBER 2, 2022

While there is some overlap between the specific documents to be submitted for those registering with the SEC as opposed to the states, the universe of documents is far from identical. Notably, along with certain standardized forms (e.g., Read More.

Compliance 130

Compliance Investing Investments Government 130

Nerd's Eye View

JULY 3, 2023

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: All-in-one software platform Blueleaf has launched a new “aggregation-as-a-service” solution, promising better client data aggregation capabilities than existing solutions by automating the process of weaving multiple (..)

Estate Planning 246

Estate Planning Clients Media Wealth Management 246

Nerd's Eye View

JUNE 5, 2024

Ultimately, transitioning from a solo-advicer to an employer responsible for hiring and supervising others is a big step that requires serious consideration.

Compliance 189

Compliance Clients Consulting Taxes 189

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

MazumaBusinessAccounting

JULY 15, 2021

Plan for Current Business Needs. First, let’s talk about the importance of a business plan. How does an idea develop into a fully functioning business? It takes vision, work, and a good plan. For entrepreneurs, we call this map a business plan. Creating a marketing plan.

Business Planning 105

Business Planning Taxes Planning Retirement 105

Nerd's Eye View

JUNE 4, 2024

And be certain to listen to the end, where Freeman shares how he has attracted clients and won their loyalty by expanding his comprehensive suite of services including in-house tax return preparation (by becoming an Enrolled Agent) and outsourced estate document services using EncorEstate, how Freeman feels that operating as an RIA has allowed him (..)

Fee Only 130

Fee Only Financial Advisor Clients Estate Planning 130

Nerd's Eye View

JUNE 4, 2024

And be certain to listen to the end, where Freeman shares how he has attracted clients and won their loyalty by expanding his comprehensive suite of services including in-house tax return preparation (by becoming an Enrolled Agent) and outsourced estate document services using EncorEstate, how Freeman feels that operating as an RIA has allowed him (..)

Fee Only 130

Fee Only Financial Advisor Clients Estate Planning 130

Sara Grillo

OCTOBER 18, 2022

Other tools make it easy to write business plans, digitize important formation documents, create logo designs and websites, and tackle other essential tasks. This guide from Able Futures will tell you how to put your entrepreneurial plans into action, find the funding you need, and get your business up and running in no time.

Financial Planner 59

Financial Planner Business Planning Electronics Planning 59

Nerd's Eye View

JULY 16, 2024

In this episode, we talk in-depth about how Christi provides families with 4 primary pillars of administrative family office services – bookkeeping for their personal financial household, payroll for household employees, property management for their multiple homes, and information and document management – in order to both manage the day-to-day (..)

Clients 130

Clients Financial Advisor Consulting Financial Planning 130

Steve Feinberg

NOVEMBER 9, 2021

However, there are several obligations that any prospective business must meet, so it’s important to learn the process to register a business in NH from start to finish. Making a Business Plan. It’s an obvious but tremendously important question when registering a new company: What’s my business going to be?

Taxes 52

Taxes Business Planning License Budgeting 52

Harness Wealth

FEBRUARY 13, 2023

Annual tax filing through a CPA (Certified Public Accountant), which includes compiling documents, preparing, and filing all tax forms for your household or small business. In a 1 hour tax-planning session, an expert advisor will: 1. Review your equity and tax documents 2. How does it work?

Taxes 52

Taxes Tax Planning Planning Accounting 52

Steve Feinberg

OCTOBER 31, 2022

You might know how much money your business made that year, but without a bookkeeping service, you might not know if your materials cost has gone up, for example, or if your employment structure is costing more on year-end taxes. Tips on Successful Bookkeeping for a Landscape Business. Following some of these tips can help: 1.

Budgeting 52

Budgeting Accounting Taxes Business Planning 52

Clever Girl Finance

OCTOBER 27, 2022

Revamp your business plan annually. This is one of those small business goals you can check off your list every year! As your business changes and evolves, it’s wise to revisit your plans on a regular basis. A business plan is a specific type of document that details everything about your company.

Business Planning 59

Business Planning Budgeting Planning Media 59

Clever Girl Finance

NOVEMBER 1, 2023

Is everything on your credit report documented accurately? That means using it to obtain a home loan, get a cell phone, sign a lease for an apartment , or for business financing (with a solid business plan). This is essentially the starting point when it comes to the best way to build credit.

Accounting 91

Accounting Retirement Planning Retirement Planning 91

Brown Advisory

FEBRUARY 13, 2017

With a well-vetted business plan, she came to us for guidance on how to proceed. Our next priority was to ensure Sharon’s estate plan was in place and up to date. Additionally, as part of the review, we implemented a thoughtful succession plan and updated her personal and liability insurance.

Clients 52

Clients Planning Portfolio Investments 52

Brown Advisory

FEBRUARY 13, 2017

With a well-vetted business plan, she came to us for guidance on how to proceed. Our next priority was to ensure Sharon’s estate plan was in place and up to date. Additionally, as part of the review, we implemented a thoughtful succession plan and updated her personal and liability insurance.

Clients 52

Clients Planning Portfolio Investments 52

Sara Grillo

MAY 23, 2022

CODY GARRETT, CFP®: The second meeting is the data gathering meeting, which is after I’ve reviewed typically 40 to 50 documents, I found opportunities to have deeper conversations quantitatively and qualitatively, and then the third meeting is the plan presentation where that’s where I present really in an educational format.

Financial Planner 52

Financial Planner CFP Financial Planning Education 52

Nerd's Eye View

DECEMBER 4, 2024

Attorneys are needed to draft the fund's offering documents, and if the advisor wants to avoid the need to register the securities or the investment company with the SEC, the firm will need to implement policies and procedures to ensure the fund meets the exemptions for those requirements.

Clients 225

Clients Financial Advice Investing Investments 225

Nerd's Eye View

NOVEMBER 26, 2024

In this episode, we talk in-depth about how Kevin's firm's new hire training program ramps up through the first 6 months, starting with an initial 90-day stage that uses standardized case studies to teach the firm's financial planning process and how to review and input data into the firm's systems, followed by a second 90-day stage that builds new (..)

Wealth Management 246

Wealth Management Financial Advisor Clients Planning 246