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 244

Communication Management Clients Numbers 244

Nerd's Eye View

JUNE 17, 2024

by referring the prospect to another advisor who might be able to better meet their needs ) so that the individual does not feel compelled to leave a negative review. Further, advisers can potentially reduce the number of negative reviews received by ensuring that prospect and client relationships that do not work out (e.g.,

Financial Advising 246

Financial Advising Compliance Advertising Marketing 246

Nerd's Eye View

MAY 4, 2023

If revenue can support a new hire, the firm owner can then refer back to their least enjoyable tasks as a starting point to create a job description. Furthermore, determining the right time to hire an employee and which role to hire first can also be challenging decisions for solo firm owners.

Clients 244

Clients Communication Management 244

Investment Writing

MARCH 4, 2025

For example, if youre talking about the market setting new highs, you might refer to historic highs. Susan has an exceptional ability to tailor investment communications to the sophistication level of any audience. Historic versus historical Do you know when to use historic instead of historical in your financial writing?

Clients 113

Clients Communication Investments Investing 113

Nerd's Eye View

AUGUST 15, 2022

Pro bono financial planning refers to free, no-strings-attached financial advice and planning for underserved people. AGB also offers dedicated assistants who help with administrative tasks, communicating with clients and tracking their progress between meetings, which saves advisors even more time.

Clients 239

Clients Financial Advice Financial Planning Planning 239

Nerd's Eye View

AUGUST 15, 2022

Pro bono financial planning refers to free, no-strings-attached financial advice and planning for underserved people. AGB also offers dedicated assistants who help with administrative tasks, communicating with clients and tracking their progress between meetings, which saves advisors even more time.

Clients 226

Clients Financial Advice Financial Planning Planning 226

Nerd's Eye View

MAY 16, 2023

We also talk about how Jim has structured his virtual-family-office-style approach not by delivering tax, legal, and other services in-house but instead by continually building a list of external tax, legal, and other professionals that he and his firm don’t just refer out to but have actively sought out and vetted based on their credentials, (..)

Valuation 246

Valuation Financial Advisor Financial Planning Recruitment 246

Midstream Marketing

OCTOBER 30, 2024

It’s important to offer great rewards and make it easy for clients to refer their friends. This will make it easier to reward those who refer. Referral Email Templates: You can create these in advance to help clients easily refer their friends. You might also donate to the favorite charity of the referring client.

Financial Advisor 52

Financial Advisor Marketing Marketing Clients 52

Nerd's Eye View

FEBRUARY 27, 2024

In this episode, we talk in-depth about how Dianne became conscious of the service offerings of the firm, the impact it has had on clients over the years, and how that realization has allowed Argent Bridge to start to more accurately bill for the actual time spent with each and every client, how sticking with a client through their divorce and transitioning (..)

Financial Advisor 130

Financial Advisor Clients Communication Financial Planning 130

Million Dollar Round Table (MDRT)

NOVEMBER 6, 2023

A personal brand allows you to consistently communicate what makes you different from your competitors. When your personal brand is strong, it is also much easier for others to refer you, especially when there are multiple articles, videos and social media sources that showcase your brand.

Clients 104

Clients Communication Financial Advisor Media 104

Million Dollar Round Table (MDRT)

MARCH 24, 2024

In a 2022 survey supervised by Julie Littlechild, of Absolute Engagement, her team determined that 98% of engaged clients had referred at least one new prospect to their advisor during the previous year. What if, however, there was something special you could do that would drive many more referrals to you?

Clients 105

Clients Communication Financial Advisor Marketing 105

Nerd's Eye View

JULY 6, 2022

And if the advisor is not familiar enough with such religious funds to advise on, the advisor may simply refer the client out to another advisor who is a better fit. For example, when a client and advisor are divided on a subject stemming from the client’s religious beliefs (e.g.,

Clients 242

Clients Asset Allocation Financial Advisor Portfolio 242

Nerd's Eye View

OCTOBER 25, 2022

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Clients 130

Clients Financial Advisor Communication Financial Planning 130

The Big Picture

NOVEMBER 2, 2023

Lingering inflation can’t explain all of the unhappiness; maybe it is referred pain from the wider world. Vice ) • At Fidelity, AI Provides Extra Eyes to Spot Red Flags : The artificial intelligence application Saifr uses natural language processing to help portfolio managers, sales and other staff review public-facing communication.

Advertising 130

Advertising Portfolio Management Economy Food 130

Carson Wealth

JANUARY 28, 2025

This refers to the potential for your fund or foundation to lose financial value, due to poor investment decisions, insufficient tax planning, etc. Reputational risk refers to events that could cause a foundation or donor to lose face. Losing value means you may be unable to donate at the desired level to meet your goals.

Risk Management 52

Risk Management Management Nonprofit Compliance 52

Midstream Marketing

DECEMBER 10, 2024

Including video marketing in your plan can improve communication with clients. This program can encourage your clients to refer others. You can think about offering rewards for people who refer others to you. It is nice to show gratitude to clients who refer others. Make it simple for clients to refer people to you.

Financial Advisor 52

Financial Advisor Marketing Marketing Clients 52

Steve Sanduski

DECEMBER 11, 2024

Consider recording this conversation, summarizing it, and storing it within your CRM system for easy reference. Develop a Comprehensive Communication Plan Its vital that your entire team is aligned on the communication strategy for the transition. The communication plan should also be personalized for key clients.

Financial Advisor 52

Financial Advisor Clients Communication Planning 52

Harness Wealth

MARCH 7, 2025

Learn about his insights into effective communication and transparent expectations for remote teams, shared recently at the AICPA Personal Financial Planning Summit 2025. Senate committee during the pandemic. Explore how Reconciled’s culture promotes purpose and engagement, setting a standard for modern practice management.

Taxes 52

Taxes Retirement Financial Advisor Retirement Planning 52

Investment Writing

MAY 7, 2024

Also, if you’re writing for an audience of individual investors, pay attention to my list of “ Words to avoid in your investment communications with regular folks. ” You must also ensure that the diverse group can communicate freely so don’t get an echo chamber. What my clients say about me “Fast, effective, insightful.

Asset Allocation 109

Asset Allocation Communication Clients Assets 109

Investment Writing

APRIL 3, 2023

Words into Type , an older reference book, says, “The correct spelling of words with the terminations -able or -ible is often puzzling. The student of orthography can find rules for the use of these endings, but it is more practical to learn the spelling of each word and refer to the dictionary if memory fails for the moment.”

Investing 98

Investing Investments Assets Clients 98

Darrow Wealth Management

MARCH 3, 2025

For reference, a correlation of 1.0 This is a general communication for informational and educational purposes only and not to be misinterpreted as personalized advice or a recommendation for any specific investment product, strategy, or financial decision. means the assets are perfectly correlated and will move in tandem.

Risk Tolerance 60

Risk Tolerance Asset Allocation Assets Portfolio 60

Indigo Marketing Agency

FEBRUARY 23, 2023

Small businesses, particularly service-based companies (like financial advising), can greatly benefit from a revamped image that clearly communicates your vision, values, and services. What separates you from your competition, and how are you communicating that to your clients and prospects? Should You Rebrand?

Financial Advisor 97

Financial Advisor Marketing Marketing Financial Advising 97

Harness Wealth

MARCH 14, 2025

Taxpayers often find email-based requests confusing and may forget to attach all necessary documents, leading to frustrating back-and-forth communication. Harness Tax LLC is affiliated with Harness Wealth Advisers LLC, collectively referred to as Harness. Client experience is another area where manual processes fall short.

Taxes 52

Taxes Compliance Tax Planning Clients 52

MarketWatch

APRIL 5, 2023

regulators on Wednesday said they were “proposing to refer” the cloud services market to the Competition and Markets Authority, the U.K. MSFT could be stifling competition in the cloud-computing market, U.K. antitrust regulator, for further investigation.

Communication 75

Communication Media Economy Marketing 75

Million Dollar Round Table (MDRT)

JUNE 6, 2024

And the more likely you are to be referred to their family and friends.” This provides increasing earnings from current clients and strengthens his relationship with them. The more business you’re doing with them, the stronger the bond,” he said.

Insurance 77

Insurance Clients Management Communication 77

Million Dollar Round Table (MDRT)

NOVEMBER 6, 2022

For example, a client referred me to a physician. By Takanori Shinohara More than colorful illustrations and complicated charts, sometimes the best way to help a prospect is to listen and be patient. In fact, I’ve closed cases by simply proactive listening. I went to visit Mrs. Physician and her husband.

Insurance 93

Insurance Clients Communication 93

FMG

OCTOBER 6, 2022

Whenever CRM is mentioned, it’s usually in reference to a tool that can manage customer relationships across an entire lifecycle. CRM systems make it easier to juggle tasks, opportunities, and communications. The right CRM platform can help you stay on track, be on point, and communicate better with clients and staff.

Financial Advisor 83

Financial Advisor Clients Communication Financial Planning 83

Indigo Marketing Agency

JULY 23, 2024

Clear, Direct Content The content gets straight to the point, with a headline that instantly communicates what PFA does, who they serve, and their location, while providing a clear call to action. Trendy Visual Welcome A strong, large image at the top offers a trendy, eye-catching welcome. Reach out to us anytime.

Financial Advisor 98

Financial Advisor Certified Financial Planner Retirement Clients 98

Discipline Funds

NOVEMBER 17, 2023

I’ve previously stated that the worst narrative in finance is the way we communicate time horizons to investors. Fiscal dominance refers to an environment in which the government is printing so much money that it doesn’t even matter what the Central Bank does to counteract it because fiscal policy is so dominant.

Financial Planner 114

Financial Planner Budgeting Taxes Retirement 114

Validea

JANUARY 25, 2023

For example, it might be possible to identify value traps or potential bankruptcies by analyzing what management has been communicating to investors on quarterly earnings calls or in analyst presentations. You can actually ask ChatGPT to give you references, but it often makes those up too.

Investing 103

Investing Investments Communication Education 103

Clever Girl Finance

JULY 16, 2023

There are two ways that you can easily track your spending with your spouse: Shared spreadsheets or templates You can house your budget spreadsheet on Google Drive or Dropbox so that you and your spouse have access to reference or edit it at any time. You should be in constant communication about your finances and spending.

Budgeting 97

Budgeting Communication Certified Financial Planner Accounting 97

Indigo Marketing Agency

SEPTEMBER 28, 2024

The problem with this approach is that it often lacks a cohesive strategy and doesn’t communicate the specific value of the advisor posting it. Personalize Your Outreach Instead of sending out generic messages, take the time to personalize your communications.

Financial Advisor 95

Financial Advisor Media Compliance Sales 95

FMG

JANUARY 23, 2023

From specific tools to examples, the information below will provide ways advisors can personalize their emails and enhance their communication. This way you’ll still receive the benefits of referring to your reader, without over-doing it. Consider Other Forms of Communication Personalizing doesn’t end with this list.

Financial Advisor 59

Financial Advisor Communication Clients Numbers 59

eMoney Advisor

JUNE 8, 2023

This could be as simple as asking whether there is anything they want you to know about their pronouns and name in your meeting request form so it’s easy for them to communicate how they want to be recognized. “I You and your staff members need to be prepared to discuss those goals without judgment.

CFP 85

CFP Financial Planning Clients Financial Planner 85

Good Financial Cents

MARCH 30, 2023

The person establishing the trust—generally referred to as the grantor—transfers all of his/her assets so that the trust itself is the owner, not the individual. This includes managing investments, paying bills, filing tax returns, and communicating with beneficiaries about the status of the trust. Law Firm, LLC.

Estate Planning 111

Estate Planning Taxes Assets Distribution 111

eMoney Advisor

MARCH 21, 2023

By using your expertise to communicate, educate, and provide perspective, you’ll likely magnify the loyalty of your clients. Loss aversion refers to having an emotional reaction to a loss rather than making a rational conclusion. Here are some important steps to follow.

Financial Planning 72

Financial Planning Planning Marketing Marketing 72

Good Financial Cents

APRIL 27, 2023

Sales Sales is all about communication and convincing someone to do something. Consulting Consulting involves using soft skills like communication, negotiation, and presentation to help clients find better solutions. It requires creativity, technical skills, and the ability to communicate a message visually.

Engineering 94

Engineering Media Healthcare Education 94