Nerd's Eye View

JUNE 30, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that NAPFA has announced that it will no longer exclude advisors who receive up to $2,500 in annual trailing commissions from previous product sales, if they agree to donate that money to a non-profit organization (..)

Financial Planner 246

Financial Planner Fee Only Commission Retirement Planning 246

Inside Information

JULY 25, 2024

You might be interested to know that Arkadios Capital recruited a former LPL team that manages $850 million in client assets. And by the way, LPL recruited Summit Planning Group away from Lincoln Financial. Whenever one broker-dealer recruits an office from another, we are told about it.

Fee Only 40

Fee Only Commission Recruitment Advertising 40

Sara Grillo

OCTOBER 21, 2022

Fee-only advisor – This is an advisor that does not charge commissions and hence is believed to be more aligned with the client’s best interests. Fee-only advisors are bound to the fiduciary standard. He knew before graduating fee-only was the path for him, his conscience, and his personality.

Insurance 98

Insurance Financial Planner Fee Only Financial Advisor 98

Sara Grillo

JULY 18, 2022

I’ve come to rescue you from the terrible financial advisor jobs pitched at you by recruiters at wirehouse, bank, and insurance company “training programs.” Instead, he got his first job at a fee only RIA firm instead which worked out brilliantly for him! For those of you who are new to my blog/podcast, my name is Sara.

Financial Advisor 52

Financial Advisor Recruitment Insurance Financial Planning 52

Inside Information

MAY 30, 2023

In some of the surveys, you will also see the ‘payout range,’ which basically says how much of the rep or rep office’s compensation (commissions and AUM fees) they get to keep, which gives you a back-door way to estimate how much of their revenues are taken by the BD.

Communication 40

Communication Sales Insurance Compliance 40

Sara Grillo

SEPTEMBER 26, 2022

Securities and Exchange Commission. Securities and Exchange Commission. 2022, August 1). CFP® Professional Demographics. 2013, March). Staff of the Investment Adviser Regulation Office. Division of Investment Management. Regulation of Investment Advisers by the U.S. Zweig, Jason, and Fuller, Andrea. 2019, July 30). Wall Street Journal.

CFP 59

CFP Financial Advisor Financial Planner Ethics 59