FMG

APRIL 12, 2023

Client communication is easily one of the most crucial elements of a successful business. Being able to efficiently and effectively communicate with clients can be the difference between satisfied customers and scathing reviews. Findings to Be Aware Of Every financial advisor has a different way of communicating with their clients.

Communication 52

Communication Financial Advisor Clients Financial Planning 52

Wealth Management

JULY 26, 2022

The digitalization of the wealth management industry has brought on unique demands, shifting from personal interactions to multi-communication channels.

Wealth Management 105

Wealth Management Management Communication 105

MarketWatch

APRIL 27, 2023

Verizon Communications Inc.’s s stock VZ was headed for its best day in more than two years Thursday amid a rally in the communications sector. Verizon’s daily surge comes as the Communication Services Select Sector SPDR Fund XLC is up 6% and on track for its third largest one-day percentage rally over the past three years.

Communication 75

Communication Marketing Marketing 75

Nerd's Eye View

JANUARY 15, 2024

For clients, more frequent communication can be a source of behavioral coaching and helpful information that can better equip them to stay the course through rocky markets. Although newsletters are made to be sent to many people at once, from a client's perspective, they can be seen as a much more intimate form of communication.

Clients 213

Clients Communication Financial Advisor Wealth Management 213

Nerd's Eye View

NOVEMBER 4, 2024

This month's edition kicks off with the news that Holistiplan has announced the rollout of a new estate plan document extraction tool to stand alongside its highly popular tax return scanning tool – which highlights how advances in AI technology have allowed tools like Holistiplan to go beyond tax returns and scan nearly any kind of document (..)

Estate Planning 188

Estate Planning Planning Communication Taxes 188

Trade Brains

MAY 7, 2024

Cryptography:- It is a method to secure information and communication from unauthorized access by the process of encryption. It also assures secure data, privacy and a glitch-free user interface for traders to make informed trades.

Education 59

Education Accounting Portfolio Marketing 59

FMG

OCTOBER 13, 2022

According to Financial Advisor Magazine, poor communication is the number one reason clients leave their financial advisor. And during times of volatility, timely and effective communication is doubly important. Going too quickly can often result in poor quality, which can be almost just as bad as never communicating. .

Communication 52

Communication Financial Advisor Clients Marketing 52

Nerd's Eye View

JULY 29, 2024

Most financial advisors strive to provide excellent client care and prioritize a systematic process to maintain regular communication with their clients both on a scheduled (e.g., annual meeting) and an "on demand" basis. becomes a crucial one to solve.

Clients 227

Clients Communication Healthcare Planning 227

Nerd's Eye View

JULY 11, 2024

Meaningful communication is crucial to building strong, durable relationships, and asking effective questions is an essential part of facilitating impactful conversations. And with clear goals , the advicer can then ask about the client's current state, identifying what they owe and what they own.

Clients 167

Clients Communication Financial Planning Financial Advice 167

MarketWatch

JUNE 22, 2023

JPM to pay a $4 million penalty for allegedly violating rules for broker dealers to preserve all communications for at least three years. The SEC said JPMorgan deleted approximately 47 million communications between Jan. Visit MarketWatch.com for more information on this news. JPMorgan Chase stock is down 0.9% in recent trades.

Electronics 40

Electronics Communication Commission Banking 40

Nerd's Eye View

OCTOBER 6, 2023

Also in industry news this week: A new advisor benchmarking study indicates that high-growth firms are excelling in 3 areas: client acquisition, "relationship alpha", and strategic scale A recent survey indicates that while advisors increasingly are leveraging home office investment models to save time and scale more efficiently, they often customize (..)

Financial Planner 245

Financial Planner CFP Certification Communication 245

Nerd's Eye View

NOVEMBER 29, 2023

Second, they facilitate clear and organized communication between the advisor and client to ensure that important information is effectively conveyed.

Planning 229

Planning Financial Planning Clients Communication 229

Indigo Marketing Agency

JANUARY 25, 2022

But as a financial advisor, how should you communicate with your clients about market volatility? It’s your job to keep them calm and informed during volatility. But what’s the best way to communicate about the recent market events? Why You Should Communicate During Volatility. Call if they have questions.

Communication 52

Communication Clients Marketing Marketing 52

Nerd's Eye View

JUNE 1, 2023

In our 113th episode of Kitces & Carl, Michael Kitces and client communication expert Carl Richards discuss what it means to be a lead advisor, the paths associate advisors can take to advance into a lead advisor role, and how to communicate career growth goals with senior advisors.

Communication 220

Communication Financial Advisor Clients Management 220

Abnormal Returns

FEBRUARY 27, 2024

Markets Communications and health care are leading the U.S. wapo.st) Earlier on Abnormal Returns Research links: information and noise. market in 2024. capitalspectator.com) A closer look at Europe's answer to the Magnificent Seven stocks, GRANOLA. biopharmadive.com) Strategy What happens when you invest right before a bear market?

Advertising 286

Advertising Financial Advising Communication Economy 286

Nerd's Eye View

JANUARY 12, 2023

In our 103rd episode of Kitces & Carl, Michael Kitces and client communication expert Carl Richards discuss the challenges of finding an optimal balance between proactively providing value and the consistency of simply being available to respond to clients when they come to their advisor for assistance. and gaining their trust.

Clients 196

Clients Communication Fee Only Financial Advisor 196

Nerd's Eye View

DECEMBER 27, 2023

These responsibilities also extend to the use of any technology used in the process of giving advice: A recommendation made with the aid of technology still needs to be in the client's best interests, while the technology also needs to carry out any function as it's described in the advisor's marketing materials and client communications.

Financial Advice 214

Financial Advice Communication Compliance Clients 214

Nerd's Eye View

FEBRUARY 7, 2024

In earlier days, questions simply facilitated the process of gathering information in order to open accounts and recommend the appropriate products to be sold. From there, advicers can dig deeper into the iceberg by asking follow-up questions that are designed to discover the context around information gleaned from the fact-finding stage.

Clients 236

Clients Communication Financial Planning Retirement 236

The Big Picture

APRIL 5, 2023

decline in Financials, while only three are up ytd, namely Communication Services (18.4%), Information Technology (17.5%), and Consumer Discretionary (9.6%)” The three outperforming sectors are doing well because they include the MegaCap-8 stocks , which as a group are up 26.5% drop in Energy and a 9.4%

Communication 284

Communication Marketing Marketing 284

Nerd's Eye View

FEBRUARY 9, 2023

A simple way for advisors to educate prospects about asset minimums is to include the information on their firm’s website. This would help prospects searching for an advisor online to self-select themselves out from firms whose asset minimums may not apply to them.

Assets 214

Assets Communication Financial Advisor Financial Planning 214

FMG

OCTOBER 2, 2024

You’re juggling client meetings, market analysis, and a never-ending stream of communications. By enabling texting on your office line, you ensure that all client communications come through a single, familiar number. I’ll review it and get back to you if any additional information is needed.”

Financial Advisor 52

Financial Advisor Communication Clients Numbers 52

The Big Picture

FEBRUARY 11, 2023

There is (if possible) too much communication and too much communication from the Federal Reserve. He previously served roles as Chief Information Officer, as well as Chief Investment Officer. We also discuss the value of some mystery at the central bank.

Communication 184

Communication Banking Investing Investments 184

Nerd's Eye View

AUGUST 28, 2024

Alternatively, some advisors have instead opted to collect clients' login information so they can execute the trades in their clients' accounts themselves –presenting numerous data security and compliance issues for the advisor (and can lead to the advisor being considered to have custody over client assets).

Assets 224

Assets Management Clients Compliance 224

Nerd's Eye View

AUGUST 28, 2024

Alternatively, some advisors have instead opted to collect clients' login information so they can execute the trades in their clients' accounts themselves –presenting numerous data security and compliance issues for the advisor (and can lead to the advisor being considered to have custody over client assets).

Assets 200

Assets Management Compliance Retirement Planning 200

Abnormal Returns

MARCH 23, 2023

morningstar.com) Novel Investor, "Investors must make bets on imperfect information to earn sought-after long-run returns." cnbc.com) The banking crisis highlights the importance of good, clear communication. (theirrelevantinvestor.com) Bonds have had a rough five years. Things are different moving forward.

Financial Advising 237

Financial Advising Startup Banking Communication 237

Nerd's Eye View

JULY 13, 2023

Establishing successful client relationships as a financial advisor relies on good communication skills not just to present information persuasively and with confidence, but also to establish client rapport that allows meaningful and engaging relationships to be built.

Clients 224

Clients Financial Planning Financial Planner Communication 224

A Wealth of Common Sense

MARCH 20, 2024

Today’s Animal Spirits is brought to you by YCharts and Fabric by Gerber Life See here for YCharts’ 2024 advisor-client communication survey See here for more information on life insurance from Fabric by Gerber Life On today’s show, we discuss: Sorry stock bulls, the ‘Wall of Cash’ isn’t all headed your way A chart (..)

Communication 91

Communication Insurance Clients Marketing 91

Nerd's Eye View

FEBRUARY 23, 2023

For most financial advisors today, a website is a critical tool that allows them to market their services and communicate their fees to potential clients. Despite its growing popularity, though, financial planning remains a relatively mysterious concept for many people who don’t understand how financial advisors actually provide value.

Financial Planning 196

Financial Planning Planning Financial Planner Financial Advisor 196

Million Dollar Round Table (MDRT)

MARCH 26, 2024

But there are also other words that apply to them: independent, positive, multi-taskers, tech-savvy, hungry for information, optimistic. So advisors need to work with this growing population, but their overwhelming student debt and their different ways of communicating can present challenges. Cloud, Minnesota, USA, said.

Communication 76

Communication Management Clients Marketing 76

Nerd's Eye View

MAY 10, 2024

Also in industry news this week: The latest Social Security trustees report offered a slightly rosier picture for the health of the various Social Security trust funds thanks to improved economic conditions, though they warned that time is running out for legislators to take action to ensure the system will be able to pay out full benefits beyond the (..)

Financial Planner 228

Financial Planner Retirement Planning Retirement Valuation 228

The Irrelevant Investor

MARCH 19, 2024

Today’s Animal Spirits is brought to you by YCharts and Fabric by Gerber Life See here for YCharts’ 2024 advisor-client communication survey See here for more information on life insurance from Fabric by Gerber Life On today’s show, we discuss: Sorry stock bulls, the ‘Wall of Cash’ isn’t all headed your way A chart market skeptics (..)

Communication 83

Communication Insurance Clients Marketing 83

Nerd's Eye View

MAY 18, 2023

In our 112th episode of Kitces & Carl, Michael Kitces and client communication expert Carl Richards discuss best practices for gracefully letting an employee go when the advisory firm owner decides they no longer want to grow into a business but would rather revert to being a solo advisor instead.

Communication 196

Communication Management Clients Numbers 196

Nerd's Eye View

OCTOBER 20, 2022

In our 97th episode of Kitces & Carl, Michael Kitces and client communication expert Carl Richards discuss how advisors can address clients who want to change their portfolio strategy in response to the political environment and offer ways to communicate with clients about how their current investment strategy is the most optimal plan.

Portfolio 211

Portfolio Clients Financial Planning Communication 211

Nerd's Eye View

NOVEMBER 21, 2022

However, by creating a systematic annual process to monitor and update client plans based on seasons, not only can advisors save time and work more efficiently, but they can also communicate the value of ongoing financial planning services to prospects and clients more effectively.

Financial Planning 198

Financial Planning Planning Estate Planning Clients 198

Nerd's Eye View

APRIL 26, 2023

Second, firms are generally required to adopt and implement a set of written policies and procedures governing the firm's actions in areas including proxy voting, cybersecurity, personal trading of the firm's employees, material nonpublic information, and the firm's business continuity plan.

Compliance 242

Compliance Clients Advertising Accounting 242

Indigo Marketing Agency

AUGUST 22, 2024

How a Marketing Agency Can Help: A marketing agency can facilitate soliciting feedback through email communication and social posts. Communicate Regularly and Effectively One of the most impactful client retention strategies for financial advisors is regular and effective communication.

Financial Advisor 52

Financial Advisor Clients Communication Education 52

Nerd's Eye View

AUGUST 8, 2022

But while the messaging on many advisory firm websites speaks to a firm's capabilities, a better approach to drive engagement is to frame communication around the prospect's needs. First, it's important to make the consumer (rather than the firm) the main character in the firm's communications.

Communication 204

Communication Consulting Clients Numbers 204