Communication and Management - Financial Advisor Source

Monday links: changed communication

Abnormal Returns

DECEMBER 2, 2024

capitalspectator.com) Crypto Why managing a leveraged Microstrategy ($MSTR) ETF is harder than it looks. Markets How major asset classes performed in November 2024. wsj.com) Crypto ETFs continue to attract record inflows. msn.com) Silk Road Bitcoin are in motion. coindesk.com) Crypto is a 24/7/365 enterprise.

Communication

Communication Manufacturing Media Banking

Adviser links: proactive communication

Abnormal Returns

JANUARY 20, 2025

podcasts.apple.com) Dan Haylett talks with Susan Latremoille author of"The RichLife Managing Wealth and Purpose, Its Not Just about the Money The Whole Life Approach to Wealth Management." riabiz.com) M&A Wealth management M&A keeps rolling on. citywire.com) Post-UBS, Wealthfront is thriving.

Communication

Communication Wealth Management Financial Advising Retirement

AssetBook Launches Valian Communications App

Wealth Management

SEPTEMBER 22, 2022

Valian complements the firm's established Pulse portfolio management and reporting platform.

Communication

Communication Portfolio Management Portfolio Management

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

Brad McMillan on Communication Strategies for Uncertain Times

Wealth Management

DECEMBER 9, 2022

Brad McMillan, managing principal and chief investment officer of Commonwealth Financial Network, explains the importance of strong communication during challenging markets.

Communication

Communication Management Investing Investments

How to Create an Employer Brand That Attracts the Best Global Talent

Advertiser: G-P

Employer branding is a long-term strategy that helps companies manage the knowledge and perceptions of current and potential employees, convey the values and characteristics that define your organization’s culture, and promote commitment and pride in belonging to your company’s workforce on a global scale.

Communication

FINRA: 'Persistent' Noncompliance on Crypto Communications

Wealth Management

MAY 20, 2023

Preliminary results from a targeted exam indicated communications related to crypto asset securities products and services had four times the non-compliance rate of other kinds of products.

Communication

Communication Compliance Assets

Adviser links: communication skills

Abnormal Returns

APRIL 29, 2024

Podcasts Ben Johnson and Julie Willoughby talk with Jen Abate, Head of Financial Institutions Group at Lazard Asset Management (morningstar.com) Cameron Passmore and Benjamin Felix talk with Meir Statman author of the new book "A Wealth of Well-Being: A Holistic Approach to Behavioral Finance."

Communication

Communication Wealth Management Management Assets

Adjusted for Risk: Client Communication Is Key to Investing Alternatives

Wealth Management

NOVEMBER 5, 2024

UniFi by CAIA's Aaron Filbeck details the evolution of alternative investments and the importance of client communication.

Communication

Communication Clients Investing Investments

The Rapid Pace Of Communications-Focused Generative AI For Advisors

Wealth Management

JUNE 30, 2023

Our human technology columnist does his best to keep up with the latest generative AI for communications now available (or soon will be) to advisors.

Communication

Four Information Management Barriers Wealth Management Professionals Face

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

Wealth Management Management Communication

Ripping off the Band-Aid of Self Reporting ‘Off-Channel’ Communications

Wealth Management

APRIL 16, 2024

The SEC has repeatedly rewarded firms who self-reported their use of WhatsApp and other unauthorized communication means with leniency.

Communication

SEC Fines Firms $81M For Off-Channel Communications Lapses

Wealth Management

FEBRUARY 9, 2024

mirror other allegations concerning retaining electronic communications. The settlements with Northwestern Mutual, Guggenheim and Oppenheimer & Co.

Communication

Communication Electronics

How Outsourcing Marketing Can Unlock Growth Potential For Advisory Firms: Key Steps For Choosing The Right Provider

Nerd's Eye View

NOVEMBER 11, 2024

Advisors might consider outsourcing roles such as social media management, search engine optimization, web development, event management, and performance analytics, among other options. Advisors may also want to consider a contractor's communication style and marketing philosophy to assess compatibility with the firm's values.

Marketing

Marketing Marketing Communication Engineering

Is Open Communication Actually Achievable?

Wealth Management

FEBRUARY 3, 2023

One would think that adding more ways to communicate and collaborate with teammates would make things easier.

Communication

Weekend Reading For Financial Planners (March 22–23)

Nerd's Eye View

MARCH 21, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a report from Cerulli Associates found that, amidst an industry-wide trend towards comprehensive financial planning and away from pure transaction-based investment management, asset-based fees currently represent 72.4%

Financial Planner

Financial Planner Commission Communication Clients

WMIQ: Stark Differences Exist Between High-Growth Firms, Others in Marketing and Client Communications

Wealth Management

JANUARY 6, 2023

New research from WealthManagement.com's WMIQ suggests firms are inhibiting growth by minimizing, and in many cases mishandling, marketing and client communications.

Communication

Communication Clients Marketing Marketing

Adjusted for Risk: Client Communication Is Key to Investing Alternatives

Wealth Management

NOVEMBER 5, 2024

UniFi by CAIA's Aaron Filbeck details the evolution of alternative investments and the importance of client communication.

Communication

Communication Clients Investing Investments

Adjusted for Risk: Client Communication Is Key to Investing Alternatives

Wealth Management

NOVEMBER 5, 2024

UniFi by CAIA's Aaron Filbeck details the evolution of alternative investments and the importance of client communication.

Communication

Communication Clients Investing Investments

Financial Advisors Communicating About Market Volatility

Indigo Marketing Agency

MARCH 20, 2025

Recession Concerns & Market Volatility: How Financial Advisors Should Communicate With Clients As financial advisors , youre well aware that so far the 2025 financial market has been more unpredictable than a toddler. Why Proactive Communication Matters If theres one thing more unpredictable than the markets, its human emotion.

Communication

Communication Financial Advisor Marketing Marketing

FINRA Launches Targeted Exam on Firms’ Crypto Communications

Wealth Management

NOVEMBER 14, 2022

The regulatory organization’s interest in firms’ communications on “crypto asset products and services” follows the collapse of FTX last week.

Communication

Communication Assets

Q&A: Smarsh's CEO on the Role of AI in Communications Compliance

Wealth Management

OCTOBER 11, 2024

Our tech columnist discusses AI and compliance with the chief executive of one of the industry’s largest providers of communications compliance technology.

Compliance

Compliance Communication

Why the Mode of Communication Matters for Advisors

Wealth Management

AUGUST 4, 2023

True personalization means taking the time to understand your clients' preferred learning styles and communication preferences to lay the foundation for fruitful dialogue, genuine comprehension of your advice, and ultimately, sound decision-making and action by the client.

Communication

Communication Clients

Adviser links: managing behavior

Abnormal Returns

JANUARY 30, 2023

Podcasts Daniel Crosby talks with Jamie Hopkins, Managing Partner of Wealth Solutions at Carson Group, about understanding our money stories. thinkadvisor.com) Practice management How Thomas Kopelman used content marketing thoughtfully to build an advisory practice. kitces.com) How to communicate with a client leaving your practice.

Management

Management Nonprofit Financial Planning Communication

Holistiplan Launches Estate Plan Document Extraction Tool (And More Of The Latest In Financial #AdvisorTech – November 2024)

Nerd's Eye View

NOVEMBER 4, 2024

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: Advisor sales enablement platform Nitrogen has announced its own feature for extracting information from prospects' investment statements that can be automatically fed into Nitrogen's analysis and proposal generation tools, which (..)

Estate Planning

Estate Planning Planning Communication Taxes

The Value of Client Communication

Wealth Management

JANUARY 29, 2025

Clearly explaining the technical aspects of the planners proposals aids in the successful implementation of estate plans.

Communication

Communication Estate Planning Clients Planning

A Failure to Communicate

Wealth Management

NOVEMBER 20, 2024

When the fiduciary and the beneficiary don’t engage with each other, it can create discord that leads to litigation.

Communication

Graduating Clients The Right Way: A Thoughtful Approach To Sustainably Transition ‘Small’ Clients To On-Demand

Nerd's Eye View

FEBRUARY 24, 2025

He explains how they identified which clients were no longer profitable, developed an alternative service model to offer these clients, mentally prepared for the transition, and effectively communicated the changes. staff time, technology, and custodial fees) and indirect costs (e.g., rent, marketing, and training). Read More.

Clients

Clients Communication Numbers Management

SEC Charges 26 Firms for Off-Channel Communications Violations

Wealth Management

AUGUST 14, 2024

More than two dozen broker/dealers and RIAs agreed to pay a combined $392.75 million in penalties, including Raymond James, LPL, Edward Jones and Osaic, among others.

Communication

Raymond James Nears SEC Settlement for Off-Channel Communications

Wealth Management

AUGUST 9, 2024

According to the firm’s two recent quarterly filings, Raymond James has reached “a settlement in principle” with the commission’s Enforcement Division, including a $50 million fine.

Communication

From New-Hire To Confident Advisor: Structuring A First-Year Associate Advisor Onboarding Plan To Develop Technical And Client Skills

Nerd's Eye View

MARCH 24, 2025

A few key principles can make the onboarding process smoother for both the associate advisor and their manager. First, clarity: both the advisor and manager should be able to clearly define the core financial planning skills that a new hire is expected to develop in their first year. building an initial financial plan).

Planning

Planning Clients Financial Planning Communication

The Need to Add ‘Communications Surveillance’ to Compliance

Wealth Management

OCTOBER 31, 2023

The modern workplace requires financial firms to move with the times.

Compliance

Compliance Communication

Morningstar Office To Shut Down And Push Advisors To Black Diamond (And More Of The Latest In Financial #AdvisorTech – March 2025)

Nerd's Eye View

MARCH 3, 2025

This month's edition kicks off with the news that Morningstar Office will be shutting down in early 2026 as a part of Morningstar's ongoing effort to refocus on its core investment data and analytics business – forcing advisors currently using the tool to switch (which might be a net positive for many of those advisors who have long complained (..)

Estate Planning

Estate Planning Portfolio Management Communication Planning

Kitces & Carl Ep 153: Evaluating The Tradeoffs That Come With Retaining ‘Legacy’ Clients

Nerd's Eye View

DECEMBER 12, 2024

In this 153rd episode of Kitces and Carl, Michael Kitces and client communication expert Carl Richards discuss how advisors can navigate the challenge of managing underpaying clients.

Clients

Clients Communication Financial Planning Accounting

Communicate (The Necessity Of) Fee Increases With A Client-Centric, Value-Based Approach

Nerd's Eye View

JUNE 19, 2023

A better way to implement and communicate fee increases may be one that is centered around providing more value to the client in exchange for the higher fee.

Communication

Communication Clients Planning Financial Advisor

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

More Firms to Pay $79M To Settle SEC Off-Channel Communication Charges

Wealth Management

SEPTEMBER 29, 2023

The firms, ranging from broker/dealers and dual registrants to affiliated investment advisors, include Interactive Brokers, Nuveen Securities and Baird, among others, and are similar to 2022 charges against Wall Street firms resulting in $1.1 billion in collective penalties.

Communication

Communication Investment Advisor Investing Investments

Kitces & Carl Ep 155: How Do You Know You Are Adding Value Versus Just Trying To Justify Your Fees?

Nerd's Eye View

JANUARY 9, 2025

On the other hand, the term "financial advice" often refers to much more than asset allocation and wealth management. Many firms also offer regular meetings, webinars, client portals, and other services to enhance the client experience. Yet, with so many services available, it isn't always clear which ones truly make a meaningful difference.

Financial Advice

Financial Advice Asset Allocation Clients Wealth Management

Weekend Reading For Financial Planners (February 1–2)

Nerd's Eye View

JANUARY 31, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that following the change of administration (and a new incoming chair of the SEC), the Investment Adviser Association is seeking to find ways to help RIAs (particularly smaller firms) manage the compliance responsibilities they (..)

Financial Planner

Financial Planner Retirement Planning Compliance Taxes

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

Nerd's Eye View

DECEMBER 30, 2024

Each week in Weekend Reading For Financial Planners, we seek to bring you synopses and commentaries on 12 articles covering news for financial advisors including topics covering technical planning, practice management, advisor marketing, career development, and more.

Financial Advisor

Financial Advisor Insurance Tax Planning Taxes

Advisors Must Master Communicating Complex Financial Concepts in Simple Terms

Don Connelly & Associates

DECEMBER 16, 2024

Whether planning for retirement, investing in volatile markets, or managing tax implications, clients are often presented with intricate information that can leave them overwhelmed, confused, and anxious, undermining their ability to make informed decisions.

Communication

Communication Financial Advisor Financial Planning Clients

RIA Senvest To Pay $6.5M for Text Message Record-Keeping Failures

Wealth Management

APRIL 3, 2024

Senvest Management, a $3 billion AUM firm, will pay $6.5 million to settle SEC charges it didn't retain off-channel business-related communications.

Communication

Communication Management

Kitces & Carl Ep 151: What’s Holding You Back From Delegating What You Need To Let Go Of?

Nerd's Eye View

NOVEMBER 14, 2024

As the financial advice industry began shifting from a sales-based model to a more sustainable asset management approach, advisors found their roles shifting along with it. Yet, even for advisors who understand the value of delegation, actually letting go is often easier said than done.

Financial Advice

Financial Advice Communication Sales Assets

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

Nerd's Eye View

NOVEMBER 29, 2024

Also in industry news this week: While many financial advisors are paying close attention to the potential extension of sunsetting measures within the Tax Cuts and Jobs Act (TCJA) in the coming year, legislation related to retirement savings could be on Congress' agenda as well Fidelity is planning to change the default for its existing RIA non-retirement (..)

Financial Planner

Financial Planner Financial Advice Retirement Financial Advisor

$2B MultiFamily Office Goes Robo With New AI Fintech Qdeck

Wealth Management

MARCH 19, 2024

Lee, CEO of Keebeck Wealth Management, is teaming up with a new asset management, research and communications platform to achieve scale via ‘digital army.’

Wealth Management

Wealth Management Communication Assets Management

Monday links: changed communication

Adviser links: proactive communication

Webinars

Trending Sources

AssetBook Launches Valian Communications App

Webinars

Brad McMillan on Communication Strategies for Uncertain Times

How to Create an Employer Brand That Attracts the Best Global Talent

FINRA: 'Persistent' Noncompliance on Crypto Communications

Adviser links: communication skills

Adjusted for Risk: Client Communication Is Key to Investing Alternatives

The Rapid Pace Of Communications-Focused Generative AI For Advisors

Four Information Management Barriers Wealth Management Professionals Face

Ripping off the Band-Aid of Self Reporting ‘Off-Channel’ Communications

SEC Fines Firms $81M For Off-Channel Communications Lapses

How Outsourcing Marketing Can Unlock Growth Potential For Advisory Firms: Key Steps For Choosing The Right Provider

Is Open Communication Actually Achievable?

Weekend Reading For Financial Planners (March 22–23)

WMIQ: Stark Differences Exist Between High-Growth Firms, Others in Marketing and Client Communications

Adjusted for Risk: Client Communication Is Key to Investing Alternatives

Adjusted for Risk: Client Communication Is Key to Investing Alternatives

Financial Advisors Communicating About Market Volatility

FINRA Launches Targeted Exam on Firms’ Crypto Communications

Q&A: Smarsh's CEO on the Role of AI in Communications Compliance

Why the Mode of Communication Matters for Advisors

Adviser links: managing behavior

Holistiplan Launches Estate Plan Document Extraction Tool (And More Of The Latest In Financial #AdvisorTech – November 2024)

The Value of Client Communication

A Failure to Communicate

Graduating Clients The Right Way: A Thoughtful Approach To Sustainably Transition ‘Small’ Clients To On-Demand

SEC Charges 26 Firms for Off-Channel Communications Violations

Raymond James Nears SEC Settlement for Off-Channel Communications

From New-Hire To Confident Advisor: Structuring A First-Year Associate Advisor Onboarding Plan To Develop Technical And Client Skills

The Need to Add ‘Communications Surveillance’ to Compliance

Morningstar Office To Shut Down And Push Advisors To Black Diamond (And More Of The Latest In Financial #AdvisorTech – March 2025)

Kitces & Carl Ep 153: Evaluating The Tradeoffs That Come With Retaining ‘Legacy’ Clients

Communicate (The Necessity Of) Fee Increases With A Client-Centric, Value-Based Approach

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

More Firms to Pay $79M To Settle SEC Off-Channel Communication Charges

Kitces & Carl Ep 155: How Do You Know You Are Adding Value Versus Just Trying To Justify Your Fees?

Weekend Reading For Financial Planners (February 1–2)

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

Advisors Must Master Communicating Complex Financial Concepts in Simple Terms

RIA Senvest To Pay $6.5M for Text Message Record-Keeping Failures

Kitces & Carl Ep 151: What’s Holding You Back From Delegating What You Need To Let Go Of?

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

$2B MultiFamily Office Goes Robo With New AI Fintech Qdeck

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