Nerd's Eye View

AUGUST 16, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Securities and Exchange Commission (SEC) announced that a total of 26 broker-dealers, investment advisers, and dually-registered firms agreed to pay combined civil penalties of almost $400 million for failing to maintain (..)

Financial Planner 246

Financial Planner Communication Retirement Commission 246

Nerd's Eye View

SEPTEMBER 23, 2022

How DPL Financial Partners’ growth is a sign of advisor interest in fee-based annuities. We also have a number of articles on advisor marketing: The latest trends in advisor marketing, from the continued dominance of client referrals to the return of in-person gatherings.

Financial Planner 246

Financial Planner Compensation Planning Compliance Insurance 246

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 246

Financial Planner Retirement Planning Retirement Valuation 246

Nerd's Eye View

AUGUST 23, 2024

financial planning, CRM, portfolio management), while taking a more tailored approach to selecting tech in other categories. The survey found that most firms fall into the middle category, utilizing tech in categories that provide an assessed high return on investment (e.g.,

Financial Planner 245

Financial Planner Retirement Estate Planning Clients 245

Nerd's Eye View

FEBRUARY 9, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a recent survey sponsored by CFP Board demonstrates the upsides of a career in financial planning, from a median salary of nearly $200,000 to flexible work schedules and a strong sense of purpose among advisors.

Financial Planner 246

Financial Planner Fee Only CFP Commission 246

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

Nerd's Eye View

JULY 5, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent U.S.

Financial Planner 246

Financial Planner Retirement Commission Financial Advice 246

Nerd's Eye View

MARCH 22, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the SEC has recently been cracking down on firms for recordkeeping failures related to electronic communications, including their use of text messaging with prospects and clients.

Financial Planner 246

Financial Planner Retirement Communication Electronics 246

Nerd's Eye View

JANUARY 12, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Securities and Exchange Commission this week authorized 11 Spot Bitcoin Exchange-Traded Funds (ETFs), which could provide financial advisors and their clients with a convenient way to invest in the cryptocurrency without (..)

Financial Planner 246

Financial Planner Financial Advisor Commission Budgeting 246

Nerd's Eye View

SEPTEMBER 1, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Massachusetts Supreme Judicial Court ruled that the state's fiduciary rule for broker-dealers can stand, potentially opening the door for other states to impose similar standards that exceed the requirements of the Securities (..)

Financial Planner 246

Financial Planner Strategic Planning Retirement Planning Retirement 246

Nerd's Eye View

JANUARY 6, 2023

We also have a number of articles on practice management: Why the most successful firms in the coming years might be those who dominate individual market segments rather than those that are ‘overdiversified’ Four ways firms can attract next-generation advisor talent.

Financial Planner 246

Financial Planner Retirement Planning Commission Retirement 246

Nerd's Eye View

SEPTEMBER 27, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study by Cerulli has shown a sharp increase in the number of affluent investors willing to pay for advice, which on the one hand reflects the increasing financial complexity in peoples' lives (while they've also gotten (..)

Financial Planner 246

Financial Planner Fiduciary Duty CFP Accounting 246

Nerd's Eye View

JANUARY 13, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the Federal Trade Commission has proposed a nationwide ban on noncompete clauses in employee contracts, aiming to give employees more freedom to change jobs within the same industry.

Financial Planner 241

Financial Planner Retirement Planning Retirement Compliance 241

Nerd's Eye View

JULY 12, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that at a time when employee retention has heightened importance for advisory firms given the ongoing competition for advisor talent, recent studies indicate that factors such as firm culture and leadership, as well as providing advisors (..)

Financial Planner 189

Financial Planner Tax Planning Clients Accounting 189

Nerd's Eye View

JULY 18, 2022

But these positions are often tenuous for new advisors, with extremely high failure rates, driven in large part by compensation that is reliant primarily on commissions from product sales.

CFP 246

CFP Recruitment Certification Sales 246

eMoney Advisor

DECEMBER 15, 2022

In an era of uncertainty, the value Americans place on professional advice from a financial planner has increased. adults said their most trusted source of financial advice was a financial advisor. Financial Planner Job Growth in the Next Decade. The Financial Planning Workforce. population.

Financial Planner 74

Financial Planner CFP Certified Financial Planner Financial Advisor 74

The Chicago Financial Planner

JANUARY 17, 2022

I’ll let the Securities and Exchange Commission (SEC) explain this in a quote from their website : “An annuity is a contract between you and an insurance company that is designed to meet retirement and other long-range goals, under which you make a lump-sum payment or series of payments. is a post from: The Chicago Financial Planner.

Retirement 185

Retirement Insurance Financial Planner Commission 185

International College of Financial Planning

SEPTEMBER 3, 2021

When it comes to choosing a financial planner, it’s important to choose the right fit for you. Do the research of the available advisors – the first step is to find a financial planner who will help you plan your finances. A planner should be able to answer any question that you may have regarding his services.

Financial Planner 52

Financial Planner Financial Advisor Certified Financial Planner Commission 52

eMoney Advisor

MAY 1, 2023

When asked about how they started in the industry, many of the Asian-American financial planners I admire say the same thing: At first, they didn’t even know the profession existed. ” Only 4 percent of Certified Financial Planner™ professionals identify as Asian American or Pacific Islander (AAPI), though they make up 6.2

Financial Planning 101

Financial Planning Planning Financial Planner CFP 101

Inside Information

JULY 31, 2022

If you’re as old as Methuselah, like I am, you might remember a pivotal moment in the evolution of the planning profession, when Forbes magazine noticed that brokers, life insurance and tax shelter salespeople were starting to call themselves ‘financial planners.’ But not as a financial planner.).

Financial Planner 45

Financial Planner Financial Planning Ethics CFP 45

WiserAdvisor

AUGUST 18, 2023

Fee-only financial advisors Average cost: $200 to $400 an hour/ $1,000 to $3,000 per plan/ 1.18% to 0.59% of AUM Fee-only financial advisors are professionals who do not receive commissions from selling financial products. Choosing a fee-only financial advisor offers several benefits.

Financial Advisor 52

Financial Advisor Commission Fee Only Financial Planning 52

International College of Financial Planning

AUGUST 2, 2021

Some organizations require candidates to have a bachelor’s or master’s degree in finance or specialization in accounting and financial management to go with their bachelor’s or master’s degree. However, if you are looking to scale the top of the pyramid you must opt for CFP or the Certified Financial Planner Charter.

Financial Advisor 52

Financial Advisor Certified Financial Planner Certification Fee Only 52

Inside Information

FEBRUARY 1, 2024

Mutual fund companies, particularly those that paid commissions, would recommend their own products, and all of them recommended savings rates beyond what would actually be needed. The common theme of these innovations is that they did not, last time I checked, replace financial planners as the primary providers of financial advice.

Financial Planner 40

Financial Planner Financial Planning Clients Planning 40

Harness Wealth

JUNE 30, 2023

In this article, we’ll dive into the many tax and financial considerations of buying and selling real estate, how real estate fits into estate planning, and the role that a wealth manager or financial planner can play in guiding your decision-making.

Financial Planning 52

Financial Planning Planning Financial Planner Taxes 52

Harness Wealth

JUNE 23, 2023

As you navigate the complexities of tax and financial planning for estate planning, a wealth manager or financial planner can offer invaluable assistance to optimize your financial strategy for future generations. At Harness Wealth, our wealth managers and financial planners are well-versed in estate planning.

Estate Planning 52

Estate Planning Financial Planning Planning Taxes 52

Sara Grillo

DECEMBER 12, 2022

Watch as all h&#@ breaks loose discussing the question of broker vs. financial advisor, commissions, fees, value, and more! The advisors made the point that the cost of insurance can’t be separated from the “cost of service” or the commission the agent makes. The commission is the commission. Doug Twiddy.

Financial Advisor 52

Financial Advisor Commission Clients Insurance 52

The Big Picture

MAY 7, 2024

She has a number of investments as as really a entrepreneur and a venture investor. But yeah, I was making commission at that point in time. So when I was a salesperson at Business week, I sold more ads than anybody, and I made $2 million commission when I was 29 years old. And so the magic number was $388 a month.

Startup 148

Startup Advertising Engineering Numbers 148

Harness Wealth

JUNE 9, 2023

Table of Contents What is a Financial Plan? Why is Financial Planning so Important? Crafting Your Personalized Financial Plan: A Step-by-Step Guide The Role of a Wealth Manager or Financial Planner Harness Wealth Can Help What is a Financial Plan? If you have a positive number, you have positive cash flow.

Financial Planning 52

Financial Planning Planning Financial Planner Wealth Management 52

Park Place Financial

NOVEMBER 29, 2022

Securities and Exchange Commission. Our team will analyze your financial situation and leverage data insights and. expertise from our certified financial planner and other advisors. your complimentary financial checkup. ** We have reviewed this material with the understanding the firm disclosure and. derivative.

Certified Financial Planner 52

Certified Financial Planner Fiduciary Duty Retirement Planning Retirement 52

Sara Grillo

AUGUST 26, 2024

Early on in his entrepreneurial journey, Scott saw firsthand the inherent flaws and conflicts of interest in the traditional sales and product driven approach, as several family members had lost a significant portion of their hard-earned life savings to high-cost, commission-based investment products and inappropriate advice.

License 52

License Certified Financial Planner Financial Advisor CFP 52

Carson Wealth

MAY 30, 2023

However, stock compensation, large bonuses, commissions, etc., Performance-Based Restricted Stock Awards Some companies offer a variation of restricted shares in which the number of shares transferred at vest is subject to a predetermined performance metric. are typically paid outside the routine payroll cycle.

Executive Compensation 52

Executive Compensation Tax Planning Taxes Planning 52

Midstream Marketing

DECEMBER 10, 2024

These campaigns help build a strong marketing plan for financial advisors. By adding these campaigns to your plan, you can connect with more clients and increase the number of clients you onboard, growing your business over time. Regular Updates and Check-ins With Clients In financial planning, talking with clients is very important.

Financial Advisor 52

Financial Advisor Marketing Marketing Clients 52

Sara Grillo

AUGUST 14, 2023

If their sole method of compensation is a product, and/or they are taking commissions, then in reality it is less likely they are embracing all the values that the standard requires. Commissions are opaque. Scott has been serving families for 29 years in the financial services space. This is where the confusion comes in.

Financial Advisor 52

Financial Advisor Fiduciary Duty Insurance Financial Advice 52

Sara Grillo

APRIL 11, 2022

And that’s why I’m writing this blog; because I feel that financial advice rendered by the hour is a great thing for the American public (for the reasons we’re going to discuss below). But the idea of becoming an hourly financial planner is met with such resistance you would think you told people to saw off their left arm.

Financial Advisor 52

Financial Advisor Portfolio Clients Management 52

International College of Financial Planning

OCTOBER 5, 2021

In short, if you don’t have an analytical mind, you are unlikely to succeed in this profession.Investment planning, retirement planning, tax planning, and estate planning require you to dig deep into numbers and make information out of the raw data at hand. Would you term such conduct professional?

Financial Advisor 52

Financial Advisor Communication Clients Retirement Planning 52

Good Financial Cents

AUGUST 11, 2022

You also get free access to a digital financial planner, who can help you tweak your investments so they align with your long-term goals. Both of these platforms let you buy and trade stocks without any commissions or fees. Step 10: Invest in Stocks. Step 11: Invest in Crypto.

Investments 110

Investments Investing Marketing Marketing 110

Harness Wealth

JUNE 1, 2023

Retirement Planning: Financial advisors can guide you in creating a strategy to ensure a steady retirement income, helping manage your retirement accounts, like traditional IRA. That said, several studies have been conducted to quantify the return on investment when working with a financial advisor or wealth manager.

Wealth Management 52

Wealth Management Financial Advisor Management Risk Tolerance 52