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In the context of financialadvisors, surveys have shown that CFP certification serves as an important branding signal for consumers seeking the services of a qualified advisor. Similarly, CFP practitioners were found to have a lower practice-wide Client Acquisition Cost (CAC) and greater revenue growth in 2021!
Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that CFP Board announced that it has crossed the milestone of 100,000 CFP professionals in the United States, and despite having just celebrated its 50th anniversary last year, just set a record high in the number of advisors sitting (..)
Financialadvisors are generally required to abide by ethical standards, such as the duty to act in a client’s best interests when giving financial advice. in Journal of Financial Regulation, however, concludes the opposite. A forthcoming study by Jeff Camarda et al. Previous research by Derek Tharp et al.
Financialadvisors are generally required to abide by ethical standards, such as the duty to act in a client’s best interests when giving financial advice. in Journal of Financial Regulation, however, concludes the opposite. A forthcoming study by Jeff Camarda et al. Previous research by Derek Tharp et al.
Welcome to the 384th episode of the FinancialAdvisor Success Podcast ! Hannah is a partner and financialadvisor at Lomanto Provost FinancialAdvisors, a hybrid advisory firm based in Plattsburgh, New York, that oversees approximately $150 million in assets under management for about 380 client households.
Welcome back to the 360th episode of the FinancialAdvisor Success Podcast ! Suzanne is a Senior FinancialAdvisor at Meridian Wealth Management, an RIA based in Lexington, Kentucky, where she oversees approximately $110 million in assets under management for nearly 150 client households.
Also in industry news this week: While the FPA is going full steam ahead on its federal and state lobbying efforts to regulate the title “financial planner”, CFP Board is more focused on increasing recognition of the CFP marks. How individuals can best harness their willpower to achieve their biggest goals.
Podcasts Josh Brown and Michael Batnick talk advisor tech with fintech expert Jason Pereira. youtube.com) Daniel Crosby talks with Cady North, Founder and CEO of North FinancialAdvisor, about planning for a sabbatical. investmentnews.com) A checklist if a client gets laid off near retirement age. kitces.com)
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Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that CFP Board CEO Kevin Keller this week announced his plans to retire and step down from his position at the end of April next year.
Working as a financialadvisor can be both financially rewarding and emotionally satisfying. By helping clients develop financial goals, creating a financial plan, and supporting the implementation and monitoring of the plan, advisors help clients live their best lives.
Nonetheless, given Kitces Research findings that being 'too' comprehensive can eat into a firm's bottom line, advisors might seek a 'sweet spot' of providing a comprehensive slate of services (but not necessarily every possible service) that are most valuable for their ideal target client. Read More.
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Welcome back to the 336th episode of the FinancialAdvisor Success Podcast ! Adam is a principal with RubinGoldman and Associates, and the Founder and CEO of Asset-Map, a financial planning tool that helps financialadvisors create a visual representation of their clients’ financial situation, reaching over 1.25
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The requirements to run a successful, growing advisory firm are often less about doing the technical work with clients and more about marketing value to get prospects in the door in the first place. comprehensive, planning-centric, fee-based advisors) versus 'bad guy' (e.g., Read More.
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Advisor Metrics, Cerulli Associates predicts that 37.5% (or nearly 110,000) of financialadvisors will retire over the next 10 years. Which, in turn, has prompted some to wonder if firm owners have a specific obligation to their profession to hire and train next-gen talent. Read More.
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Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a study from Cerulli Associates indicates a lack of fee transparency represents a significant hurdle for many investors when considering working with a financialadvisor.
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Every year, we ask you – our readers – for feedback about what you want to make this website even better for you, to ensure we stay on the right track in adding value to the advicer community and making financialadvisors better and more successful. I hope you'll participate in this year's survey.
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