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

JUNE 3, 2024

This month's edition kicks off with the news that 'startup' custodian Altruist has completed a $169 million fundraising round as it continues to rebuild the RIA custodial tech stack layer-by-layer while positioning itself as the biggest RIA custodian built from scratch and solely for advisors – which, while making it the clear #3 custodian behind (..)

Risk Tolerance 246

Risk Tolerance Communication Startup Financial Planning 246

Nerd's Eye View

DECEMBER 6, 2023

Over the past several years, the financial services industry has undergone a tremendous evolution in how financial advisers deliver and charge for their services. While commission-based models remain in use, fee-for-service models (including AUM, hourly, retainer, and subscription) have become increasingly popular.

Investments 246

Investments Investing Retirement Planning Financial Advising 246

Nerd's Eye View

MARCH 4, 2024

This month's edition kicks off with the news that advisor lead generation platform Datalign Advisory reached nearly $15B in referred client assets (and almost $3B in actually-converted assets) in just its 2nd year of business, as advisor demand for paid leads continues to rise (especially with Datalign's flat-fee one-advisor-per-lead model)… (..)

Startup 246

Startup Clients Wealth Management Portfolio 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

OCTOBER 9, 2023

Notably, the point of an SEO strategy is to drive users to an advisory firm's website so that those visitors can eventually be converted into paying clients.

Engineering 245

Engineering Financial Advisor Management Clients 245

Nerd's Eye View

AUGUST 30, 2022

We also talk about how, while trying to educate himself on his own personal financial responsibility after receiving a small inheritance and seeing the lifestyle of his own financial advisor as a young adult, Ed was inspired to leave his career as a firefighter and instead pursue a career in the financial services industry, why Ed decided to go further (..)

Clients 244

Clients Financial Advisor Financial Services Education 244

Nerd's Eye View

SEPTEMBER 6, 2022

And be certain to listen to the end, where Andy shares how, even though he intentionally set out to be a solopreneur for the flexibility and control, he is looking to fill the gap of camaraderie and brainstorming that he misses from when he was part of a larger firm, how Andy didn’t realize he was inadvertently creating a virtual practice by (..)

Tax Planning 246

Tax Planning Financial Advisor Retirement Clients 246

Nerd's Eye View

SEPTEMBER 4, 2023

Onramp Invest, the platform that aimed to solve the challenges of cryptocurrency investing for financial advisors, was acquired by Securitize, a platform specializing in blockchain-based tokenization of private market investments, suggesting that advisors' interest in recommending digital assets for their clients – already limited during previous (..)

Startup 246

Startup Clients Financial Advisor Financial Planning 246

Nerd's Eye View

JANUARY 24, 2023

And be certain to listen to the end, where Jennifer shares how she was surprised at how far she has come in her career and business as though she admits she put in the hard work and dedication, she never realized it would lead to her running a multi-million-revenue practice and doing so as a female business owner, how, after discovering a valued, long-time (..)

Management 246

Management Financial Advisor Planning Retirement 246

Nerd's Eye View

OCTOBER 11, 2022

And be certain to listen to the end, where Libby shares how she began to track time and energy she was spending on each client, which allowed her to right-size her client load to only serve the ones that she truly enjoyed working with (and not just the ones that were profitable), why Libby believes that, while it is important for advisors to absorb (..)

Financial Advisor 246

Financial Advisor Clients Consulting Financial Services 246

Nerd's Eye View

OCTOBER 18, 2022

And be certain to listen to the end, where Louis shares why he feels that the financial planning profession is a helping profession and as an advisor it’s important to recognize that providing value in a client’s life can be as simple as giving one’s time and energy to help the client (as that is a rare commodity in life), why Louis (..)

Financial Planning 130

Financial Planning Planning Management Investing 130

Nerd's Eye View

DECEMBER 29, 2022

While newer advisors are faced with infinite pathways in the financial services industry, it can often be easy to focus solely on getting ahead professionally while putting aside personal interests and self-care.

Financial Services 130

Financial Services Communication Financial Advisor Financial Planning 130

Nerd's Eye View

AUGUST 27, 2024

Mark is the former CEO of Pershing Advisor Solutions, a former Principal with Moss Adams Consulting, and is a longtime practice management consultant and thought leader in the financial advisory industry.

Financial Advisor 130

Financial Advisor Consulting Accounting Clients 130

Nerd's Eye View

JULY 16, 2024

And be certain to listen to the end, where Christi discusses how she curates, onboards, and trains highly specialized and competent team members to be able to run with the firm's highly sensitive client interactions, how Christi manages the risk of serving relatively few high-dollar families and the potential revenue loss of being 'fired' by even just (..)

Clients 130

Clients Financial Advisor Consulting Financial Planning 130

Nerd's Eye View

JANUARY 10, 2023

In this episode, we talk in-depth about how Lisa realized that by visiting Coca-Cola’s headquarters consistently and engaging employees in-person about their financial issues, she could become known as a familiar and trusted financial expert in the Coca-Cola community, how Lisa leveraged writing white papers about preparing for retirement and (..)

Clients 130

Clients CFP Financial Advisor Wealth Advisor 130

Nerd's Eye View

DECEMBER 27, 2022

And be certain to listen to the end, where John shares how witnessing his father go through a layoff in New Zealand after a multi-decade career at a single company, and experiencing two layoffs himself early in his career, helped John see the value in focusing on people going through layoffs because he could connect more deeply with his clients based (..)

Financial Advisor 130

Financial Advisor Financial Planning Clients Planning 130

Nerd's Eye View

DECEMBER 6, 2022

In this episode, we talk in-depth about how, while working for LearnVest, Natalie realized that their financial advisors were much more limited by the constraints of data, time, and fees, than the traditional advisor, which inspired her to develop a framework that focuses on providing only the most impactful financial advice to help clients move forward (..)

Clients 130

Clients Financial Advice Financial Advisor Consulting 130

Nerd's Eye View

NOVEMBER 1, 2022

We also talk about how, after selling her first advisory practice, Mindy moved to Seattle where she began consulting and found that by being a CFP without a practice, she was receiving a lot of inquiries to share her expertise (as people seemed to feel more comfortable asking her advice because they knew she was not in the business to sell them anything), (..)

Fee Only 130

Fee Only Clients Financial Planning Financial Advisor 130

Nerd's Eye View

SEPTEMBER 28, 2022

In this episode, we talk in-depth about how Joe has witnessed firsthand as an advisory firm owner, and now a partner at a leading global investment management firm, how the financial services industry is evolving in real time as more banks and brokerage firms are truly adopting financial planning and implementing advisory services at national scale (..)

Financial Advisor 130

Financial Advisor Executive Compensation Wealth Management Recruitment 130

Nerd's Eye View

MARCH 7, 2023

And be certain to listen to the end, where Yonhee shares why she believes that a portion of the industry’s rising level of M&A deals is really a result of inconsistent definitions of advisor titles and insufficient career paths that are failing to nurture newer advisors into the next generation of owners, why Yonhee advises younger, newer (..)

Financial Advisor 130

Financial Advisor Recruitment Clients Financial Services 130

Nerd's Eye View

JANUARY 3, 2023

And be certain to listen to the end, where Sue shares how, as Delegated Planning has scaled over the years, she has dealt with the difficult task of shifting from being a manager of her growing team into more of a CEO mindset to help scale the business further, why, even though it may feel risky and scary, and requires a lot of preparation, Sue feels (..)

CFP 130

CFP Planning Financial Planning Financial Advisor 130

Nerd's Eye View

DECEMBER 13, 2022

And be certain to listen to the end, where Terry shares the tension he felt when working at a large firm where he was expected to recommend “good enough” products and strategies when he really wanted to be in a position where he could truly say he was performing due diligence across all products to find the best solutions for his clients, (..)

Financial Advisor 130

Financial Advisor Financial Planning Clients Planning 130

SEI

SEPTEMBER 6, 2022

Financial services organizations are at an inflection point as we usher in a new era of cybersecurity—one requiring a holistic approach. A well-executed plan for when a cyberattack occurs can significantly impact financials and reputation. . The Sphere blog. Build momentum now. .

Budgeting 52

Budgeting Financial Services Healthcare Nonprofit 52

Steve Sanduski

SEPTEMBER 13, 2023

On today’s show, Louis Barajas discusses how the desire to make a difference in his own community transformed how he felt about financial services. That emotional intelligence becomes even more important as our industry continues to improve its diversity and broaden the impact that we can have on a wider variety of people.

Wealth Advisor 59

Wealth Advisor CFP Wealth Management Financial Services 59

Carson Wealth

DECEMBER 13, 2022

Financial service professionals call themselves lots of things — most of the time using the title established by their firm. Regulators of financial planning firms and accrediting bodies do not lay out differences in nomenclature. Craig Lemoine, Ph.D., CFP ® , Director of Consumer Investment Research .

Wealth Management 52

Wealth Management Financial Advisor Management Financial Planner 52

Fortune Financial

SEPTEMBER 25, 2023

Cash Flow Management Efficient cash flow management is crucial for meeting your financial goals. Services may involve optimizing your cash flow to maximize savings and investments while managing day-to-day expenses.

Wealth Management 59

Wealth Management Management Risk Tolerance Retirement Planning 59

Fortune Financial

SEPTEMBER 25, 2023

Cash Flow Management Efficient cash flow management is crucial for meeting your financial goals. Services may involve optimizing your cash flow to maximize savings and investments while managing day-to-day expenses.

Wealth Management 52

Wealth Management Management Risk Tolerance Retirement Planning 52

James Hendries

OCTOBER 4, 2022

financial services companies, automobile manufacturers, and leading national brands worked towards negotiating agreements to partner with Chinese companies. China’s trade relationship with the United States grew at such a rapid pace that it became the chief manufacturer of most imported goods. At the same time, U.S. and Europe.

Marketing 52

Marketing Marketing Economy Economics 52

Midstream Marketing

NOVEMBER 5, 2024

You will learn about their financial goals and see the problems they deal with. In the financial services industry, competition is strong. It allows financial advisors to stand out. You could think about offering specific services. This way, you can understand your ideal clients better. Clients have various needs.

Financial Advisor 52

Financial Advisor Marketing Marketing Financial Advice 52

Nerd's Eye View

MARCH 21, 2023

Brenda is a financial planner with Objective Financial Partners, an advice-only advisory firm based in Ontario, Canada, that works with clients on project-based financial plans, and also offers outsourced paraplanning to other Canadian advisory firms.

Financial Advice 246

Financial Advice Insurance Financial Advisor Financial Planning 246

The Big Picture

OCTOBER 19, 2022

And you know, we’re financial services firm, so growth is good, but you have to have control on processes and quality. You know, you got to make sure you can handle the volumes, both from an investment perspective, but also importantly, from a processing and client service perspective. Just go with your business plan.”

Financial Advisor 286

Financial Advisor Clients Taxes Investing 286

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

So I saw many companies then taxed and financial services. So it was a great training ground to understand how, you know, theoretics went, went into the practical business. They really encouraged us to, to start businesses. So I remember writing the merger, our business plan there.

Banking 147

Banking Portfolio Assets Investing 147

The Big Picture

JULY 4, 2023

Their mainstay financial services practice, which was banking and equities, fell off a cliff. We do case studies, idea pitches, mock portfolios, business plans. And that might give me some insight functionally into what I wanted to do next. And at the same time, the dot com bubble collapsed.

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. Now what they’ve also done is they’ve worked really hard to build a real financial services sector there. Now, what happened was a bit of luck. Our employees are there.

Investing 130

Investing Investments Assets Insurance 130

Nerd's Eye View

APRIL 1, 2025

So, whether you're interested in learning about ways to help improve financial communication between members of client couples, the questions that can drive these conversations, or how to incorporate aspects of financial therapy into a practice, then we hope you enjoy this episode of the Financial Advisor Success podcast, with Nick Rodkin.

Financial Advisor 130

Financial Advisor Financial Planning Planning Clients 130