Abnormal Returns

FEBRUARY 19, 2024

wealthmanagement.com) Do your clients have a digital estate plan? advisorperspectives.com) Fidelity Charitable distributed $11.8 (ofdollarsanddata.com) Social security Spousal claiming strategies for Social Security are nuanced. thinkadvisor.com) How to research a Social Security question. billion in donor-recommended grants in 2023.

Clients 279

Clients Estate Planning Wealth Management Financial Advice 279

Nerd's Eye View

FEBRUARY 15, 2023

One such strategy is to advise clients to keep track of any qualified medical expenses they incur after establishing the HSA – even those that are paid for from funds outside the HSA.

Distribution 246

Distribution Taxes Medical Accounting 246

Nerd's Eye View

APRIL 29, 2024

Financial advisors add value for their clients not only by helping them grow their wealth, but also by working with them to create a plan for how to use it. While much of this process may focus on the client's own lifetime planning needs (e.g., With this in mind, many financial advisors offer estate planning guidance to clients.

Estate Planning 246

Estate Planning Clients Planning Financial Advisor 246

Nerd's Eye View

JANUARY 29, 2025

When thoughtfully drafted, it aligns the interests of the firm's owners, sets clear expectations for operations, and establishes how profits will be distributed. The next step is establishing a profit distribution philosophy. As a foundational document, the operating agreement is essential for RIA firms.

Distribution 130

Distribution Government Financial Advice Planning 130

Nerd's Eye View

JANUARY 29, 2025

When thoughtfully drafted, it aligns the interests of the firm's owners, sets clear expectations for operations, and establishes how profits will be distributed. The next step is establishing a profit distribution philosophy. As a foundational document, the operating agreement is essential for RIA firms.

Distribution 130

Distribution Government Financial Advice Planning 130

Nerd's Eye View

JUNE 19, 2024

As while will-based transfers and cash gifts generally impose no restrictions on how they're used by their beneficiaries, certain types of trust-based estate plans can allow an individual to set very specific guidelines for how their assets are held and under which circumstances they can be distributed. Read More.

Estate Planning 189

Estate Planning Clients Distribution Assets 189

Nerd's Eye View

OCTOBER 20, 2022

In recent years, politically charged topics have become the forefront of news and media, and with the rise of access to digitally distributed media, it has become commonplace for clients to have concerns about the possible impact of political events on their portfolios.

Portfolio 246

Portfolio Clients Financial Planning Communication 246

Wealth Management

SEPTEMBER 5, 2024

The acquisition of Archer will help BNY Mellon handle the infrastructure and distribution of managed accounts to financial advisors and their clients.

Retail 278

Retail Distribution Financial Advisor Accounting 278

Nerd's Eye View

JUNE 25, 2024

Chris is the founder of Sparrow Wealth Management, an RIA based in Orlando, Florida, that oversees approximately $110 million in assets under management for 68 client households.

Clients 242

Clients Financial Advisor Financial Planning Planning 242

Wealth Management

APRIL 12, 2023

A Mississippi woman claimed Morgan Stanley erred when accepting her removal as a beneficiary to her dementia-striken, de facto mother's estate—as well as ignoring her challenges as they distributed the deceased woman's funds.

Distribution 264

Distribution Clients 264

Wealth Management

OCTOBER 19, 2022

The combined business will operate under The Standard brand, and include Securian's retirement solutions employees, management, client relationships and distribution networks.

Distribution 290

Distribution Retirement Clients Management 290

Nerd's Eye View

AUGUST 23, 2023

Act, passed in December 2022, created the ability for individuals over age 70 1/2 to make a one-time Qualified Charitable Distribution (QCD) of up to $50,000 of IRA funds into a CGA, with the amount distributed to the CGA being excludable from the donor's taxable income. But the SECURE 2.0 legislation at the end of 2022. Read More.

Taxes 246

Taxes Retirement Clients Estate Planning 246

Nerd's Eye View

AUGUST 29, 2023

Jeff is the Owner and Founder of Cypress Financial Planning, an independent RIA based in Haddon Heights, New Jersey, that oversees $275 million in assets under management for 380 client households.

Planning 245

Planning Clients Financial Planning Financial Advisor 245

Nerd's Eye View

JANUARY 4, 2023

Financial advisors have a wide range of strategies at their disposal to create financial plans for their clients. And when it comes to retirement planning, one popular technique is the use of ‘guardrails’, which set an initial monthly withdrawal rate that can be later adjusted as the size of the client’s portfolio changes.

Retirement 246

Retirement Distribution Retirement Planning Asset Allocation 246

Nerd's Eye View

AUGUST 7, 2024

Although the 'one big pot' mindset might be the simplest approach to estate distribution, it may not be the one that results in the most wealth being passed down or the most equitable distribution of assets between each beneficiary.

Estate Planning 246

Estate Planning Taxes Assets Planning 246

Indigo Marketing Agency

MARCH 17, 2025

The question that must be asked: How are you supposed to stand out and attract clients to work with you in a sea of sameness? He wanted to stay top-of-mind with clients and prospects, knowing this would help more people come off the fence and become clients. Thats a dizzying amount of competition! And he wasnt disappointed.

Financial Advisor 52

Financial Advisor Clients Marketing Marketing 52

Nerd's Eye View

JUNE 19, 2024

As while will-based transfers and cash gifts generally impose no restrictions on how they're used by their beneficiaries, certain types of trust-based estate plans can allow an individual to set very specific guidelines for how their assets are held and under which circumstances they can be distributed. Read More.

Estate Planning 190

Estate Planning Distribution Assets Planning 190

Nerd's Eye View

AUGUST 9, 2023

The original SECURE Act, signed into law in December 2019, changed many of the long-standing rules governing IRAs and other retirement accounts, and no single measure in the legislation had a more seismic impact on planning than the changes to the post-death distribution rules for retirement accounts. being passed so late in the year.

Accounting 246

Accounting Retirement Distribution Government 246

Nerd's Eye View

AUGUST 28, 2023

The announcement of the merger between Charles Schwab and TD Ameritrade in November 2019 kicked off a marathon of preparation for advisory firms to transition their clients on the TD Ameritrade custodial platform to Schwab. Additionally, any open trade orders (e.g.,

Financial Advisor 246

Financial Advisor Distribution Clients Accounting 246

The Big Picture

FEBRUARY 1, 2023

We are looking for client service associates who can help us continue to grow. Discretionary quarterly profit pool distribution after one year of employment. We are hiring! Want to learn more? See our Linked In job description here. The post We’re Hiring! appeared first on The Big Picture.

Distribution 235

Distribution Clients 235

Nerd's Eye View

AUGUST 2, 2023

Which means that financial advisors can play an important role in adoption planning – helping clients strategically plan for the costs involved in the process, including accessing tax credits that can significantly defray these expenses. At the same time, adoption can be expensive, with costs that can add up to $70,000 or more.

Taxes 246

Taxes Planning Financial Advisor Strategic Planning 246

Indigo Marketing Agency

OCTOBER 28, 2024

Indigo Can Help You Send Holiday Greetings to Your Clients The Power of Personal Connection During the Holidays The holiday season is the perfect time to reconnect with clients, show gratitude, and strengthen relationships. This helps you maximize reach, making sure your message touches all corners of your client base.

Clients 52

Clients Wealth Advisor Financial Advisor Wealth Management 52

Nerd's Eye View

APRIL 19, 2024

Also in industry news this week: The Office of Management and Budget (OMB) has completed its review of the Department of Labor's new "fiduciary rule ", indicating that it could be released in the coming days or weeks (though, like its predecessors, its ultimate disposition is likely to be determined in the courts) The IRS announced this week that it (..)

Financial Planner 246

Financial Planner CFP Financial Advisor Retirement Planning 246

Nerd's Eye View

NOVEMBER 23, 2022

And for advisors who serve self-employed clients, managing a solo 401(k) plan is often a different process than managing other types of investments. They can also permit participants to take loans from the plan, creating a source of emergency funds without the need to make a (potentially taxable) distribution. Read More.

Planning 246

Planning Distribution Assets Retirement Planning 246

Nerd's Eye View

NOVEMBER 18, 2022

From there, we have several articles on tax planning: How advisors can add value for their clients by managing their exposure to mutual fund capital gains distributions. How advisors can help their clients turn their HSAs into wealth-building machines.

Financial Planner 246

Financial Planner Tax Planning CFP Taxes 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

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 23, 2022

From gradually raising the RMD age to 75 to expanding opportunities to make Roth-style contributions, to increasing the annual limit for Qualified Charitable Distributions, this legislation will likely impact nearly all financial planning clients!

Financial Planner 246

Financial Planner Retirement Planning Financial Planning Budgeting 246

Nerd's Eye View

OCTOBER 8, 2024

billion in assets under management for 1,300 client households. Michael is the manager of Natural Investments, an RIA based in San Francisco, California that has offices across the country, overseeing $1.9 Read More.

Financial Advisor 246

Financial Advisor Clients Distribution Planning 246

Integrity Financial Planning

OCTOBER 3, 2023

Rather than acquire a target company, a savvy potential acquirer of a distributor could temporarily lower their price for whatever is being distributed and woo most of the target company’s customers without acquiring the company. It was a subsistence living, and Sheth was determined to build a more valuable company.

Distribution 97

Distribution License Financial Planning Planning 97

Nerd's Eye View

NOVEMBER 4, 2022

Morningstar has joined an increasingly competitive market of direct indexing platforms for advisors and their clients. From there, we have several articles on investment planning: While I Bonds have received significant attention during the past year, TIPS could be an attractive alternative for many client situations.

Financial Planner 240

Financial Planner Financial Advisor Retirement Planning Medical 240

Nerd's Eye View

FEBRUARY 23, 2024

Which suggests that instead of trying to go head-to-head with these larger firms (and their heftier marketing budgets) in attracting clients, smaller firms might instead demonstrate how they are 'different' by offering a unique service offering tailored to their ideal target clients.

Financial Planner 246

Financial Planner Certification CFP Financial Advice 246

Nerd's Eye View

JANUARY 13, 2023

In the advisor world, where noncompete agreements are fairly common, a ban on the practice could incentivize firms to reassess their employee value proposition and to consider ways to establish their clients’ relationships with the firm, and not just with their advisors.

Financial Planner 241

Financial Planner Retirement Planning Retirement Compliance 241

Nerd's Eye View

JUNE 21, 2023

All investment advisers are fiduciaries that owe a duty of care and loyalty to their clients, and, in an ideal world, advisory firms and their staff would abide by these requirements without the need for a prescriptive code of ethics. Read More.

Ethics 244

Ethics Fiduciary Duty Compliance Clients 244

Advisor Perspectives

SEPTEMBER 24, 2024

MassMutual Head of Annuity Distribution Matt DiGangi recently sat down with VettaFi to discuss the increasing demand he is seeing for annuities, and how MassMutual has sought to meet client investor needs.

Clients 105

Clients Distribution Retirement 105

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

NOVEMBER 1, 2023

There are many tax planning strategies that allow financial advisors to demonstrate the ongoing value they provide to clients in exchange for the fees they charge. The backdoor Roth strategy can be valuable for clients whose high income levels preclude them from making regular contributions to a Roth IRA. Read More.

Taxes 246

Taxes Accounting Clients Retirement Planning 246