Clients and Retirement Planning - Financial Advisor Source

How Much Does Having The ‘Right’ Capital Market Assumptions Matter In Retirement Planning?

Nerd's Eye View

DECEMBER 11, 2024

"How much can I spend in retirement?" is perhaps the most fundamental question a client brings to their advisor. Advisors want to help clients set a secure, reliable retirement plan, yet even the most comprehensive assumptions will inevitably deviate from reality at least to some degree.

Retirement Planning

Retirement Planning Retirement Planning Marketing

Gathering Feedback That Counts: Crafting Client Surveys To Offer Services That Matter Most

Nerd's Eye View

MARCH 10, 2025

These services may range from 'standard' offerings like retirement planning to less traditional areas like credit card consulting. In a firm's early years, there tends to be more room for experimentation, with advisors adding new services to provide value and attract clients.

Clients

Clients Financial Advice Retirement Planning Financial Services

Helping Clients Grasp Abstract Retirement Income Strategies With Historical Market Visualization

Nerd's Eye View

APRIL 2, 2025

For many financial advisors, a core part of the retirement planning process involves simulating whether the client's assets will last through retirement. Yet while these tools offer mathematical metrics, they often fall short in helping clients connect the numbers to their real lives.

Retirement

Retirement Clients Retirement Planning Marketing

Webinars

Book of Secrets on the Month-End Close

What Your Financial Statements Are Telling You—And How to Listen!

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

MORE WEBINARS

Expanding Horizons: Driving Convergence of Wealth Management and Retirement Planning

Wealth Management

OCTOBER 4, 2023

Advisors look toward holistic client-focused strategies with converging retirement planning and wealth management.

Retirement Planning

Retirement Planning Wealth Management Retirement Management

Weekend Reading For Financial Planners (January 18–19)

Nerd's Eye View

JANUARY 17, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that at a time when brokerage firms' cash sweep programs come under increased scrutiny (and as the Federal Reserve has cut interest rates), Charles Schwab (the largest RIA custodian) continues to slash sweep rates for client (..)

Financial Planner

Financial Planner Retirement Planning Retirement Financial Advisor

Firms Not Offering Tax, Retirement Planning Are Getting it Wrong

Wealth Management

OCTOBER 4, 2023

Advisors are overdelivering services such as health care, estate and business planning, while falling short in the areas their clients most desire.

Retirement Planning

Retirement Planning Planning Retirement Business Planning

The Best Of Weekend Reading 2024: Top 24 Articles You Might Have Missed

Nerd's Eye View

DECEMBER 30, 2024

We start with several articles on retirement planning: Why considering a client's retirement time horizon and spending flexibility could lead to more accurate (and often higher) safe withdrawal rates than the simpler "4% rule" Four unique risks retirees face when drawing down their assets, from sequence of returns risk to tax risk, and how financial (..)

Financial Advisor

Financial Advisor Insurance Tax Planning Taxes

Weekend Reading For Financial Planners (November 30–December 1)

Nerd's Eye View

NOVEMBER 29, 2024

Which could prove to be a boon for the financial advice industry as more consumers are willing to entrust their assets to an advisor (while at the same time possibly making it tougher for some advisors to differentiate themselves primarily by how they put their clients' interests first?). Read More.

Financial Planner

Financial Planner Financial Advice Retirement Financial Advisor

#FASuccess Ep 432: Crafting “Input Deliverables” That Show Financial Planning Value To Clients Without Creating Busy-Work, With Seth Scott

Nerd's Eye View

APRIL 8, 2025

Seth is the founder of Heartwood Financial Planning, an advisory firm affiliated with PlanMember Securities Corporation that is based in Fresno, California, and oversees approximately $100 million in assets under management for 850 client households.

Financial Planning

Financial Planning Clients Planning Financial Advisor

Weekend Reading For Financial Planners (December 28–29)

Nerd's Eye View

DECEMBER 27, 2024

The report suggests this might be due in part to increased RIA valuations and the assumption of some firm founders that next-generation employees won't be financially able to buy out the firm from them, though additional data indicates that many firms don't have career paths in place that could help next-generation advisors envision their path to firm (..)

Financial Planner

Financial Planner Insurance Coverage Insurance Valuation

Weekend Reading For Financial Planners (February 1–2)

Nerd's Eye View

JANUARY 31, 2025

Also in industry news this week: While RIA M&A deal flow hit record levels in 2024 (both in terms of volume and the speed of completing them), firm valuations saw relatively modest gains In its latest annual regulatory oversight report, FINRA joined the SEC in flagging the potential risks to firm and client data from the use of third-party vendors (..)

Financial Planner

Financial Planner Retirement Planning Compliance Taxes

Values, Purpose, Action: A 3-Part Approach To Establish A “Statement Of Financial Purpose” And Unlock Deeper, More Meaningful Planning Conversations With Clients

Nerd's Eye View

NOVEMBER 6, 2024

In the early days of financial planning, serving clients often meant developing transactional relationships focused on facilitating trades and selling insurance. Over time, advisors shifted toward more analytical approaches, such as investment management and retirement planning.

Clients

Clients Planning Financial Planner Financial Planning

Weekend Reading For Financial Planners (February 8–9)

Nerd's Eye View

FEBRUARY 7, 2025

Also in industry news this week: Financial Planning Association CEO Patrick Mahoney died this week after a battle with cancer, leaving behind a legacy that includes rejuvenating the relationship between FPA National and its chapters A group of advisory trade groups and broker-dealers have sent a letter to Congressional committees requesting that the (..)

Financial Planner

Financial Planner CFP Financial Planning Retirement

Wild Cards, Would-Be Clients and a New Breed of Annuity

Wealth Management

FEBRUARY 23, 2023

A new WMIQ study on retirement planning, conducted in collaboration with annuity provider Midland Advisory, found more than 3/4 of potential clients feel it’s important for advisors to be fiduciaries and nearly 2/3 prioritize retirement expertise.

Clients

Clients Retirement Planning Retirement Planning

Adviser links: estate uncertainty

Abnormal Returns

MARCH 10, 2025

(kitces.com) Estate planning Estate plans are a big lift for everyone, including advisers themselves. kindnessfp.com) Why clients need to organize their digital assets for estate planning purposes. riabiz.com) This money manager's ETF business was built on entertaining clients. abnormalreturns.com)

Estate Planning

Estate Planning Retirement Planning CFP Portfolio Management

How to Build a Comprehensive Financial Plan that Protects Assets and Grows Wealth

Wealth Management

AUGUST 7, 2024

Including permanent life insurance can help prevent blind spots in retirement planning and enable clients to live longer.

Financial Planning

Financial Planning Retirement Planning Planning Assets

Survey: Financial Advisors Have Larger Role To Play In Clients' Retirement Planning

Wealth Management

JANUARY 31, 2023

Vestwell conducted the fourth-annual “Retirement Trends Report” in fall 2022 and received responses from almost 1,300 savers, 500 financial advisors and 250 small businesses.

Financial Advisor

Financial Advisor Retirement Planning Retirement Clients

Why Held-Away Asset Management Technology Is Being Scrutinized By State Regulators (And How Advisors Can Compliantly Manage Clients’ 401(k) Assets)

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets

Assets Management Clients Compliance

Your Retirement Planning Starter Pack

Carson Wealth

MARCH 7, 2024

By Jake Anderson, CFP ® , Wealth Planner When helping clients begin retirement planning, the same questions often arise: What should my retirement plan look like? Your lifestyle, goals, family situation, and risk tolerance will give a unique signature to your retirement plan. Talk to us today.

Retirement Planning

Retirement Planning Retirement Planning Risk Tolerance

The WealthStack Podcast: Demystifying the Decumulation Phase of Retirement Planning with Sheryl O’Connor

Wealth Management

JUNE 30, 2023

IncomeConductor's Sheryl O'Connor details why it's important for an advisor not just to get clients to retirement, but through it as well.

Retirement Planning

Retirement Planning Retirement Planning Clients

Adviser links: dissolving structures

Abnormal Returns

FEBRUARY 24, 2025

morningstar.com) Carl Richards and Michael Kitces on whether a client should take time before coming on as a client. How to do better for clients. kitces.com) Working with UNHW clients is more complex. citywire.com) Your (potential) clients are looking online for financial advice.

Wealth Management

Wealth Management Retirement Planning Financial Advice Clients

Wealthies Circle Podcast: Addressing Client Retirement Concerns Post-Pandemic

Wealth Management

DECEMBER 16, 2022

Our panel of experts share their approaches to wealth accumulation and planning for longevity in a changing retirement planning environment.

Wealth Accumulation

Wealth Accumulation Retirement Retirement Planning Clients

Transform client relationships by asking better questions

Million Dollar Round Table (MDRT)

NOVEMBER 17, 2024

By Jamie McIntyre, CFP When you sell, it implies that the client’s main interest is you. What clients want are solutions to help them achieve what they want out of life. The best way to discover clients’ goals, problems and needs is to invest time in them and ask clients questions that are not product-based.

Clients

Clients CFP Financial Advisor Insurance

“How Much More Will I Get?”: Calculating The Impact Of WEP And GPO’s Repeal On Social Security Benefits

Nerd's Eye View

FEBRUARY 12, 2025

While it may take a while for the adjustments to take place, advisors can still help their clients plan for the effect of WEP and GPO's repeal by estimating how much the client will be receiving in Social Security benefits once the new law is implemented. will be top of mind for clients affected by the WEP and GPO.

Retirement

Retirement Government Clients Planning

Solo RIAs Not Planning for Retirement Risk Extinction

Wealth Management

DECEMBER 16, 2024

Succession planning can be as simple as recreating the retirement planning process you walk clients through every day.

Retirement

Retirement Planning Retirement Planning Clients

Pershing X Knitting More Services into New Wove Platform

Wealth Management

JUNE 7, 2023

Collaborations with Salesforce, PureFacts and Pontera will add retirement planning, billing and client onboarding capabilities to the multi-custodial platform announced this week at INSITE.

Retirement Planning

Retirement Planning Retirement Clients Planning

Wealth.com Raises $30M To Provide Estate Documents To Advisors’ Clients (And More Of The Latest In Financial #AdvisorTech – October 2024)

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

Clients B2B Estate Planning Planning

Helping Hesitant Clients Boost Their Retirement Spending

Nerd's Eye View

NOVEMBER 8, 2023

For instance, after a lifetime of 'maximizing' their finances (likely seeing their net worth increase steadily over time), some clients might find it difficult to see their portfolio balances decline in retirement as they draw down their assets to support their lifestyles. market conditions or their own longevity). Read More.

Retirement

Retirement Clients Planning Food

Oswego Crest Financial Group Leaves Commonwealth Financial for Steward Partners

Wealth Management

AUGUST 2, 2023

The Oregon quartet specialized in retirement planning manages around $230 million in client assets.

Retirement Planning

Retirement Planning Retirement Assets Clients

Adviser links: objectives and aspirations

Abnormal Returns

MAY 13, 2024

blogs.cfainstitute.org) How life events affect retirement planning. investmentecosystem.com) Reflections on eight years of running a financial planning practice. wealthmanagement.com) Why 4% retirement withdrawal rates are still a thing. (riabiz.com) Archive Intel has entered the adviser communications archiving space.

Math

Math Retirement Planning Financial Advice Retirement

Adviser links: an existential issue

Abnormal Returns

SEPTEMBER 2, 2024

investmentnews.com) Retirement Retirement planning is challenging because we simply don't know how long someone will live. kitces.com) Retirement spending is by its nature dynamic. thinkadvisor.com) Advisers Four things clients value in advisers. morningstar.com) These clients have more than one adviser.

Retirement Planning

Retirement Planning Retirement Food Clients

The WealthStack Podcast: How Does 401(k) and Held Away Account Management Fit into Holistic Advice?

Wealth Management

MARCH 17, 2023

Pontera CMO Nicole Zheng how advisors should approach the concept of holistic advice with clients, especially surrounding retirement planning.

Retirement Planning

Retirement Planning Accounting Retirement Management

SECURE Act 2.0: Later RMDs, 529-to-Roth Rollovers, And Other Tax Planning Opportunities

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 Read More.

Tax Planning

Tax Planning Planning Taxes Retirement Planning

SECURE Act 2.0: Later RMDs, 529-to-Roth-Rollovers, And Other Tax Planning Opportunities

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 Read More.

Tax Planning

Tax Planning Planning Taxes Retirement Planning

Weekend Reading For Financial Planners (Oct 22-23)

Nerd's Eye View

OCTOBER 21, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that Congress appears poised to pass a series of changes affecting retirement planning, dubbed “SECURE ACT 2.0”, ”, by the end of the year. Social Security COLA for 2023.

Financial Planner

Financial Planner Retirement Planning Retirement Insurance

6 Signs It’s Time to Ditch DIY Retirement Planning

Carson Wealth

MARCH 28, 2024

Retirement planning is a journey that generally takes decades to complete and most of us start out along the do-it-yourself path. More than likely, your first step was to enroll in an employer-provided plan such as a 401(k) or setting up an individual retirement account, also known as an IRA.

Retirement Planning

Retirement Planning Retirement Planning Taxes

Weekend Reading For Financial Planners (May 11-12)

Nerd's Eye View

MAY 10, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners"– this week's edition kicks off with the news that a recent analysis from Morningstar suggests that the Department of Labor's (DoL's) new Retirement Security Rule (aka Fiduciary Rule 2.0)

Financial Planner

Financial Planner Retirement Planning Retirement Valuation

Adviser links: demonstrating confidence

Abnormal Returns

OCTOBER 30, 2023

Podcasts Brendan Frazier talks with Jake Northrup of Experience Your Wealth about how he infuses the human side to help clients live their ideal life. nextavenue.org) Advisers Comprehensive financial planning takes more time and effort. kitces.com) Why formal retirement plans provide clients with additional confidence.

Wealth Management

Wealth Management Retirement Planning Financial Advising Financial Advice

The Power of RILAs in Retirement Planning

Advisor Perspectives

APRIL 25, 2024

He did this research on behalf of Equitable to look at how to improve the efficient frontier, enhance risk-adjusted returns and help advisors – and their clients – make the most of their assets through their retirement.

Retirement Planning

Retirement Planning Retirement Planning Financial Services

How Communicating Guardrails Withdrawal Strategies Can Improve Client Experience And Decrease Stress

Nerd's Eye View

MARCH 20, 2024

Monte Carlo simulations have become a central method of conducting financial planning analyses for clients and are a feature of most comprehensive financial planning software programs. the Great Depression or the Global Financial Crisis), showing clients when and to what degree spending cuts would have been necessary.

Communication

Communication Clients Financial Planning Risk Tolerance

Weekend Reading For Financial Planners (January 27-28)

Nerd's Eye View

JANUARY 26, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news of a survey indicating that about 90% of financial advisors would switch firms based on bad technology at their current firm, and that 44% have already done so.

Financial Planner

Financial Planner Retirement Planning Financial Advisor Retirement

Why Regulators Are Questioning The Use Of Held-Away Asset Management Technology (And What Advisors Can Do About It)

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets

Assets Management Compliance Retirement Planning

Adviser links: an honest promise

Abnormal Returns

DECEMBER 16, 2024

morningstar.com) How sensitive are retirement planning models to capital market assumptions? riabiz.com) What happens to a HSA when a client dies. (riabiz.com) What Vanguard and Robinhood ($HOOD) have in common. barrons.com) Safe withdrawal rates How safe withdrawal estimates have changed over the past year.

Wealth Management

Wealth Management Financial Advising Retirement Planning CFP

Adviser links: limited progress

Abnormal Returns

JANUARY 15, 2024

riaintel.com) HNW clients want additional services. thinkadvisor.com) Advisers Financial planning is seeing a battle between growing complexity and rising technology. kitces.com) Client's lives are growing more complex. flowfp.com) Small businesses overstate the costs of starting a retirement plan.

Financial Planner

Financial Planner Wealth Management Retirement Planning Financial Advising

How Much Does Having The ‘Right’ Capital Market Assumptions Matter In Retirement Planning?

Gathering Feedback That Counts: Crafting Client Surveys To Offer Services That Matter Most

Webinars

Trending Sources

Helping Clients Grasp Abstract Retirement Income Strategies With Historical Market Visualization

Webinars

Expanding Horizons: Driving Convergence of Wealth Management and Retirement Planning

Weekend Reading For Financial Planners (January 18–19)

Firms Not Offering Tax, Retirement Planning Are Getting it Wrong

The Best Of Weekend Reading 2024: Top 24 Articles You Might Have Missed

Weekend Reading For Financial Planners (November 30–December 1)

#FASuccess Ep 432: Crafting “Input Deliverables” That Show Financial Planning Value To Clients Without Creating Busy-Work, With Seth Scott

Weekend Reading For Financial Planners (December 28–29)

Weekend Reading For Financial Planners (February 1–2)

Values, Purpose, Action: A 3-Part Approach To Establish A “Statement Of Financial Purpose” And Unlock Deeper, More Meaningful Planning Conversations With Clients

Weekend Reading For Financial Planners (February 8–9)

Wild Cards, Would-Be Clients and a New Breed of Annuity

Adviser links: estate uncertainty

How to Build a Comprehensive Financial Plan that Protects Assets and Grows Wealth

Survey: Financial Advisors Have Larger Role To Play In Clients' Retirement Planning

Why Held-Away Asset Management Technology Is Being Scrutinized By State Regulators (And How Advisors Can Compliantly Manage Clients’ 401(k) Assets)

Your Retirement Planning Starter Pack

The WealthStack Podcast: Demystifying the Decumulation Phase of Retirement Planning with Sheryl O’Connor

Adviser links: dissolving structures

Wealthies Circle Podcast: Addressing Client Retirement Concerns Post-Pandemic

Transform client relationships by asking better questions

“How Much More Will I Get?”: Calculating The Impact Of WEP And GPO’s Repeal On Social Security Benefits

Solo RIAs Not Planning for Retirement Risk Extinction

Pershing X Knitting More Services into New Wove Platform

Wealth.com Raises $30M To Provide Estate Documents To Advisors’ Clients (And More Of The Latest In Financial #AdvisorTech – October 2024)

Helping Hesitant Clients Boost Their Retirement Spending

Oswego Crest Financial Group Leaves Commonwealth Financial for Steward Partners

Adviser links: objectives and aspirations

Adviser links: an existential issue

The WealthStack Podcast: How Does 401(k) and Held Away Account Management Fit into Holistic Advice?

SECURE Act 2.0: Later RMDs, 529-to-Roth Rollovers, And Other Tax Planning Opportunities

SECURE Act 2.0: Later RMDs, 529-to-Roth-Rollovers, And Other Tax Planning Opportunities

Weekend Reading For Financial Planners (Oct 22-23)

6 Signs It’s Time to Ditch DIY Retirement Planning

Weekend Reading For Financial Planners (May 11-12)

Adviser links: demonstrating confidence

The Power of RILAs in Retirement Planning

How Communicating Guardrails Withdrawal Strategies Can Improve Client Experience And Decrease Stress

Weekend Reading For Financial Planners (January 27-28)

Why Regulators Are Questioning The Use Of Held-Away Asset Management Technology (And What Advisors Can Do About It)

Adviser links: an honest promise

Adviser links: limited progress

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