Nerd's Eye View

SEPTEMBER 5, 2024

While strategic advice is crucial, advisors also face the challenge of presenting the strategies to clients in context, explaining different financial planning concepts, and showing clients how to implement these strategies (as well as pointing out any long-term consequences).

Education 221

Education Clients Financial Planning Communication 221

Nerd's Eye View

JANUARY 12, 2023

As comprehensive financial planning has become more widely adopted, many financial advisors have felt pressure to find new ways to differentiate themselves by demonstrating their unique value to clients. Others use frequent emails to stay in regular contact, sending reminders or helpful information relevant to their clients.

Clients 244

Clients Communication Fee Only Financial Advisor 244

Nerd's Eye View

OCTOBER 7, 2024

This month's edition kicks off with the news that digital estate planning platform Wealth.com has raised a whopping $30 million in Series A funding, following on the heels of Vanilla's follow-on $20M capital round just a few months ago – which on the one hand reflects the anticipated enthusiasm for solutions that can help advisors efficiently (..)

Clients 246

Clients B2B Estate Planning Planning 246

Nerd's Eye View

MARCH 25, 2025

AJ is the co-founder of Brooklyn Fi, an RIA based in Brooklyn, New York but operating as a fully remote business, that oversees $370 million in assets under management for more than 400 client households.

Financial Advisor 130

Financial Advisor Clients Recruitment Certification 130

Darrow Wealth Management

NOVEMBER 17, 2022

In November 2022, proponents of the Massachusetts ‘millionaires’ tax (question 1) won their bid to nearly double the income tax rate on individuals with taxable income over $1M a year. As proposed, the new legislation would increase these tax rates to 9% and perhaps even 16% , respectively, starting in 2023.

Taxes 110

Taxes Wealth Management Tax Planning Planning 110

The Big Picture

MAY 9, 2024

Not if you spend tax season on a boat! No audited returns, mathematically improbable claims, and zero accountability But none of these “influencers” sell securities to clients, so they do not fall under the regulatory oversight of the Securities and Exchange Commission (SEC).2 The advice ranges from wrong to risky to criminal: -401ks?

Media 337

Media Taxes Math Investing 337

Nerd's Eye View

JUNE 19, 2024

how to minimize the burden of estate taxes and avoid the public spectacle of the probate process). The key point is that as with most financial planning topics, advisors can play a role in helping to guide clients to the most appropriate solutions for their goals, including how to carry on their legacy of personal values. Read More.

Estate Planning 189

Estate Planning Clients Distribution Assets 189

Harness Wealth

APRIL 16, 2025

Let us face ittech startups encounter a unique set of tax challenges that can make or break their financial future. The complex interplay between traditional tax regulations and the innovative nature of tech businesses demands smart planning from day one.

Startup 52

Startup Taxes Tax Planning Transportation 52

Nerd's Eye View

MARCH 18, 2025

Ali is the Founder of the Wealth Integration System for Entrepreneurs, an education and coaching company based in Houston, Texas, that works with entrepreneurs facing a liquidity event and trying to figure out what's next… and financial advisors who serve them.

Financial Advisor 130

Financial Advisor Clients Financial Planning Taxes 130

The Big Picture

OCTOBER 18, 2022

At the beginning of each quarter, I prepare a short but in-depth conference call for RWM clients. The caveat these days is that a wicked combination of events — falling new home construction post-GFC, the pandemic purchase spree, and the low available inventory have made it more difficult to read into the usual home data.

Budgeting 363

Budgeting Economy Taxes Numbers 363

Nerd's Eye View

DECEMBER 15, 2023

Also in industry news this week: Most businesses that operate in the U.S., Also in industry news this week: Most businesses that operate in the U.S., Also in industry news this week: Most businesses that operate in the U.S.,

Financial Planner 246

Financial Planner Retirement Taxes Insurance 246

Nerd's Eye View

JANUARY 13, 2025

With another strong year in the markets, most advisory firms are near or at record highs for their revenue, their numbers of clients, and the headcounts of their teams. Which is surprising to some, given that a decade ago, the emergence of so-called "robo-advisors" was supposed to displace human financial advisors and compress advisory fees.

Financial Advice 147

Financial Advice Ethics Education Financial Planning 147

Zoe Financial

APRIL 7, 2025

Tariffs impact: Proposed increases could raise the effective tax rate on U.S. Consider speaking with a financial advisor about risk tolerance and strategies like tax loss harvesting. Actual economic or market events may turn out differently than anticipated. Oil: Also down nearly double digits for the week. imports from 2.3%

Marketing 81

Marketing Marketing Risk Tolerance Financial Advisor 81

Carson Wealth

APRIL 9, 2025

As the first quarter of 2025 comes to a close, the team at Carson Wealth Pella has been hard at work helping to ensure our clients remain on track with their financial goals. From tax season preparations to professional development and a few well-deserved breaks, heres a look at what weve been up to.

Taxes 52

Taxes License Wealth Advisor Clients 52

Harness Wealth

SEPTEMBER 18, 2024

If you’re thinking, “But my clients are high-net-worth…many more have an estate plan.” These numbers show an opportunity for tax practices to build deeper, meaningful relationships with their clients, helping them to navigate some of life’s most challenging financial decisions. What do these numbers tell us?

Taxes 52

Taxes Clients Planning Estate Planning 52

Nerd's Eye View

APRIL 1, 2024

Vanilla announced a new Scenarios tool to facilitate advisors working with ultra-HNW clients that need to model various four-letter estate planning strategies (e.g., GRATs, SLATs, CRUTs, and ILITs) to show the impact of the advisor’s advice (at least for those clients who still have Federal estate tax exposure).

Estate Planning 242

Estate Planning Financial Advisor Clients Startup 242

Zoe Financial

JANUARY 28, 2025

Nothing in these materials is intended to serve as personalized tax and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Actual economic or market events may turn out differently than anticipated. Economies and markets fluctuate.

Marketing 98

Marketing Marketing Financial Advisor Investing 98

Nerd's Eye View

OCTOBER 4, 2023

In reality, though, the economy is a complex web of interdependent factors where events often make sense only in hindsight – and sometimes, not at all. manufacturing sector, by the measures of employment and service prices, has been in a recession for nearly 12 months. And even though U.S.

Valuation 246

Valuation Economics Economy Marketing 246

Nerd's Eye View

JULY 17, 2023

Our newest course on Life Insurance Policies adds to our existing programs on reviewing Tax Returns and navigating Estate Documents as well, and we're committed to continue to expand our financial advicer curriculum in the years to come!

Ethics 245

Ethics Financial Advice CFP Financial Advisor 245

XY Planning Network

FEBRUARY 6, 2023

MIN READ Admit it: Do you have a shoebox full of “important” papers that you *think* might be needed for your taxes? Preparing” for tax preparation can be daunting. Today we want to put some of those anxieties to rest, for both you as an individual taxpayer, and for your clients. Do you know what’s in there? The kitchen counter?

Taxes 94

Taxes Tax Planning Clients Accounting 94

eMoney Advisor

JANUARY 31, 2023

A few years ago, I had a eureka moment that changed the way our firm approached client education. When we first started offering client webinars, we traveled to our regional offices to conduct events that were focused on market outlook. We also send a follow-up reminder prior to each event.

Education 103

Education Financial Planning Clients Planning 103

Nerd's Eye View

JUNE 19, 2024

how to minimize the burden of estate taxes and avoid the public spectacle of the probate process). The key point is that as with most financial planning topics, advisors can play a role in helping to guide clients to the most appropriate solutions for their goals, including how to carry on their legacy of personal values. Read More.

Estate Planning 190

Estate Planning Distribution Assets Planning 190

Nerd's Eye View

JANUARY 10, 2023

Lisa is a Partner and Wealth Advisor for CI Brightworth, an RIA under the CI Financial umbrella with offices in Atlanta, Georgia, and Charlotte, North Carolina, that oversees nearly $5 billion in assets under management * for over 1,500 client households.

Clients 130

Clients CFP Financial Advisor Wealth Advisor 130

Nationwide Financial

OCTOBER 18, 2022

As college costs rise, qualified tuition plans, or 529 college savings plans, can be an option for clients to save for their child or grandchild’s (or even their own!) These accounts can help your clients’ beneficiaries save for college and the funds can be used for various expenses relating to K-12 and higher education.

Clients 98

Clients Planning Education Taxes 98

Random Roger's Retirement Planning

APRIL 6, 2025

I think we are paid to generally have some sort of plan, see yesterday's post, that we can easily articulate to clients. The current market event really will end at some point and the market will go up again. It's easier to endure when you realize this event is not different in that regard.

Portfolio 59

Portfolio Clients Planning Taxes 59

MazumaBusinessAccounting

JUNE 30, 2021

But there are also many tax benefits business owners can take advantage of to maximize their profits. Here’s a quick guide that covers important tax deductions for your business. A deduction, or write-off, is a business expense that can help lower your taxes. How much will that deduction actually save you on your taxes?

Taxes 98

Taxes Insurance Education Retirement 98

Sara Grillo

NOVEMBER 11, 2024

Andy Panko started a taxes in retirement Facebook group. It’s been difficult to leverage existing clients. I’ve been doing dinners, lunches and seminars for clients and encouraging them to bring people they know along and they can learn for free. The post “Worried I’ll exclude qualified clients if I niche down.”

Clients 59

Clients Financial Advisor Marketing Marketing 59

Carson Wealth

JULY 3, 2024

In the event of an audit, it can add layers of complexity not in your favor. While the event itself can be a surprise and unknown, you should always have cash ready to meet these costs head on and keep your business operating. Get Help with Tax Planning Tax planning is a critical component of financial management.

Financial Planning 142

Financial Planning Planning Retirement Planning Tax Planning 142

Random Roger's Retirement Planning

APRIL 8, 2025

First up, I sent this out as an email to clients about 40 minutes into the day with subject Market Up Big, So Is It Over? The history of huge up days during events like this isn't great. I am fascinated by these, there are several others, even if I'm not going to use them for clients. The answer is probably not.

Marketing 59

Marketing Marketing Clients Portfolio 59

Nationwide Financial

APRIL 20, 2023

Tax season is here! For many of us, that means a tax refund. Some general, popular advice you may have heard before, is that if you receive a tax refund, a bonus, or an unexpected financial windfall, you should invest or save it for the long-term, rather than spending it now. Immediate gratification can be hard to resist.

Taxes 59

Taxes Clients Investing Investments 59

Indigo Marketing Agency

MARCH 5, 2025

Seminars get maximum leads and new client conversion rates. Event Marketing for Maximum Lead Generation So, were talking about the power of event marketing, including in-person seminars and webinars. By leveraging both formats, you can attract clients as a financial advisor while expanding your network.

Financial Advisor 52

Financial Advisor Marketing Marketing Clients 52

Zoe Financial

MARCH 24, 2025

Nothing in these materials is intended to serve as personalized tax and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Actual economic or market events may turn out differently than anticipated. Economies and markets fluctuate.

Marketing 52

Marketing Marketing Economics Taxes 52

Harness Wealth

OCTOBER 16, 2024

We recently connected with Michael Paley, Chief Operating Officer of Klingman & Associates , for a Q&A on how tax advisors can collaborate with wealth managers to better serve clients. Q: How can tax advisors align with the work of wealth advisors? Unlike an endowment, taxes really matter.

Wealth Management 52

Wealth Management Taxes Clients Management 52

Abnormal Returns

SEPTEMBER 26, 2022

Podcasts Christine Benz and Jeff Ptak talk with Tim Steffen, director of tax planning for Baird. morningstar.com) Michael Kitces and Carl Richards talk about repurposing lessons from clients for content. thinkadvisor.com) Morgan Stanley ($MS) sold computers with unencrypted client data on them.

Tax Planning 130

Tax Planning Startup Compliance Financial Planning 130

Zoe Financial

NOVEMBER 11, 2024

Nothing in these materials is intended to serve as personalized tax and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Actual economic or market events may turn out differently than anticipated. Economies and markets fluctuate.

Marketing 52

Marketing Marketing Taxes Financial Advisor 52

Nerd's Eye View

MARCH 25, 2024

For example, while a seasoned team who has just finished a busy tax season may need a retreat that leaves them feeling "recharged", a more recently formed team full of new hires may benefit more from feeling "aligned" with each other and with the company's vision.

Planning 246

Planning Taxes Management Clients 246

Harness Wealth

OCTOBER 8, 2024

Key Takeaways: The Harness Marketplace allows your tax firm to be paired with high-value tax clients whose unique needs align with your expertise. We built the Marketplace to help your tax practice source curated client leads, leading to increased revenue and a healthy book of business. Interested in learning more?

Taxes 52

Taxes Clients Tax Planning Healthcare 52