Nerd's Eye View

MAY 28, 2024

Jenny is a Principal and Wealth Manager at Modera Wealth Management, an RIA based in Westwood, New Jersey, that oversees $12.5 billion in assets under management for approximately 4,700 client households. Welcome to the 387th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jenny Martella.

Wealth Management 130

Wealth Management Financial Advisor Fee Only Communication 130

Nerd's Eye View

MAY 28, 2024

Jenny is a Principal and Wealth Manager at Modera Wealth Management, an RIA based in Westwood, New Jersey, that oversees $12.5 billion in assets under management for approximately 4,700 client households. Welcome to the 387th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jenny Martella.

Wealth Management 130

Wealth Management Financial Advisor Fee Only Communication 130

Sara Grillo

OCTOBER 21, 2022

In this blog, I interview paraplanning professionals to get their take on what the role is, what it pays, and what it potential is for someone who wants to get a job as a financial paraplanner, possibly as a stepping stone to other wealth management jobs. Fee-only advisors are bound to the fiduciary standard.

Insurance 98

Insurance Financial Planner Fee Only Financial Advisor 98

XY Planning Network

DECEMBER 18, 2023

From RIA compliance best practices to using behavioral marketing tactics to get more clients, this list is loaded with one helpful resource after another to send you into 2024. Over the past year, we've published articles written with one purpose in mind: to help independent financial advisors be successful. Enjoy, and happy reading!

Financial Advisor 111

Financial Advisor Compliance Clients Marketing 111

XY Planning Network

FEBRUARY 12, 2024

How do I manage compliance? And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I market myself? What's this going to cost?

Compliance 104

Compliance Financial Planning Planning Management 104

XY Planning Network

APRIL 1, 2024

How do I manage compliance? And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I market myself? What's this going to cost?

Compliance 102

Compliance Financial Planning Planning Management 102

XY Planning Network

APRIL 15, 2024

How do I manage compliance? And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I market myself? What's this going to cost?

Compliance 91

Compliance Financial Planning Planning Management 91

XY Planning Network

JUNE 13, 2022

Outside investment managers—such as TAMPs and robo-advisors—are a popular solution for advisors seeking to offer clients expert asset management services without needing to hone that expertise themselves or simply spend the time doing it (as in financial planning-only firms).

Management 52

Management Investments Investing Compliance 52

XY Planning Network

APRIL 3, 2023

If it often feels as if your to-do list never ends with administrative tasks and compliance management, on top of your regular client meetings, you’re not alone! 3 MIN READ Raise your hand if you've ever wondered how you can boost your productivity and become more efficient. ?

Financial Advisor 82

Financial Advisor CFP Compliance Management 82

XY Planning Network

AUGUST 28, 2023

How do I manage compliance? And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I market myself? What's this going to cost?

Compliance 95

Compliance Financial Planning Planning Management 95

XY Planning Network

MARCH 18, 2024

How do I manage compliance? And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I market myself? What's this going to cost?

Compliance 89

Compliance Financial Planning Planning Management 89

Walkner Condon Financial Advisors

APRIL 21, 2023

What does it mean to be a Fee-Only financial advisor ? Fee-Only financial advisors and firms receive no sales-related compensation or incentives. They are compensated only by the fee the client pays. How we are Compensated At Walkner Condon we use the assets under management (AUM) model.

Certified Financial Planner 52

Certified Financial Planner Financial Advisor Fee Only Financial Planner 52

Sara Grillo

DECEMBER 13, 2024

Advice-only financial planning is fee-only comprehensive financial planning without the expectation or even the option to manage any client investments. Financial planning is offered as a stand-alone product; it is the only thing that an advice-only financial planner does.

Financial Planning 52

Financial Planning Compliance Financial Planner Fee Only 52

Sara Grillo

MARCH 22, 2024

Steven Kampschmidt Home Freedom Found Financial Andy Panko [link] Tenon Financial New Mexico Jose Sanchez [link] Flat fee financial planning for families living with and through Alzheimer’s New York State Laura Rotter www.trueabundanceadvisors.com I am an annual retainer, flat fee advisor. Tax preparation is also available.

Financial Planning 52

Financial Planning Fee Only Financial Planner Financial Advisor 52

XY Planning Network

AUGUST 19, 2024

But with growth comes the challenge of building a cohesive team and managing turnover. Transitioning from a solo operation to a dynamic team can be a game-changer for boutique financial planning firms. The key to overcoming these hurdles is intentionally defining and nurturing your firm’s culture.

Financial Planning 97

Financial Planning Planning Management Fee Only 97

Inside Information

APRIL 26, 2024

The broker-dealers would tell their reps (and some still do) that if they were to venture outside of the BD’s compliance umbrella and go fee-only, the SEC would come after them with a vengeance. Or that FINRA is going to take over the regulation of all advice-givers, and bring the hammer down on those fee-only ‘rogue brokers.’

Fee Only 40

Fee Only Professional Services Clients Management 40

XY Planning Network

JUNE 10, 2024

This raises questions about whether these findings reflect broader management trends in advisory firms or point to deeper systemic issues.

Financial Planning 92

Financial Planning Clients Accounting Planning 92

XY Planning Network

AUGUST 28, 2023

How do I manage compliance? And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I market myself? What's this going to cost?

Compliance 52

Compliance Financial Planning Planning Management 52

XY Planning Network

MAY 21, 2024

With the rapidly increasing use of digital technology in the fintech space to aid in delivering investment management and financial planning services or to supplement an adviser’s existing services, many more firms are working with clients virtually and relying on technology to support their advisory business.

Financial Planning 88

Financial Planning Clients Planning Management 88

XY Planning Network

NOVEMBER 28, 2022

We see many advisors with successful careers in financial planning and investment management influenced at some level by the ability to cross every “T” and dot every “I.” 7 MIN READ.

Financial Planning 96

Financial Planning Clients Investing Investments 96

XY Planning Network

JANUARY 16, 2023

From the advisor’s perspective, they’ve worked very hard to build those client relationships and manage them with the client’s best interests at heart. So, it’s understandable that, should that day come, they find themselves unaware of the restrictions placed on them when it comes to notifying their clients or bringing them with them.

Clients 86

Clients Assets Management Recruitment 86

Sara Grillo

JANUARY 9, 2023

Specific examples: Educating financial advisors of all business models (AUM, fee only, commission, etc.) Executing outreach to college students to encourage them to avoid predatory wirehouse and insurance training programs and pursue fee-only paraplanning jobs instead. There is a record of it. What can advisors do?

Financial Planning 52

Financial Planning Planning Financial Planner CFP 52

Inside Information

MAY 30, 2023

In the more comprehensive surveys, you will see the percentage or dollar revenues collected by each BD on annuity, life insurance and other product sales, vs. fees (defined by asset management fees, shared between the reps and the broker-dealer). The compliance people have to pre-approve their communications.

Communication 40

Communication Sales Insurance Compliance 40

XY Planning Network

DECEMBER 19, 2022

5 MIN READ. Over the past year, we've published articles written with one purpose in mind: to help independent financial advisors be successful. As 2022 comes to a close, we rounded up our top 10 most-viewed blogs published this year.

Financial Advisor 85

Financial Advisor Fee Only Financial Planner Financial Planning 85

Sara Grillo

MAY 23, 2022

What is an advice-only financial planner? Advice-only financial planning is fee-only comprehensive financial planning without the expectation or even the option to manage any client investments. Financial planning is offered as a stand-alone product; it is the only thing that an advice-only financial planner does.

Financial Planner 52

Financial Planner CFP Financial Planning Education 52

Sara Grillo

APRIL 11, 2022

Please conduct your own diligence on any wealth manager you are considering hiring. After the session, he provides them with a 3-5 page letter containing recommendations which they then implement on their own or hire an investment manager to execute. I have to kind of restructure things and make them simpler so that they can manage it.

Financial Advisor 52

Financial Advisor Portfolio Clients Management 52

Inside Information

OCTOBER 30, 2021

He thinks that the distinction has been deliberately (and very effectively) blurred by the brokerage industry, which advertises itself as helping facilitate peoples’ dreams with financial planning and investment advice, whose brokers call themselves, on their business cards, advisors, vice presidents of investments or wealth managers. “If

CFP 40

CFP Commission Investing Investments 40

The Big Picture

APRIL 25, 2023

Brian Hamburger has been one of the leading authorities in the world of registered investment advisories, broker-dealers, SEC regulatory compliance. Now, full disclosure, Ritholtz Wealth Management has been around a decade. You turned out to be the first dual economics financial management major at Quinnipiac. I said, yes.

Compliance 162

Compliance Clients Wealth Management Management 162

The Big Picture

JANUARY 21, 2025

The second highest paying job he was offered at 700 pounds a year was as a management trainee for Shell Oil. Barry Ritholtz : You go from Forbes pretty much during the golden era of, of mutual funds and star managers like the eighties and nineties, that was Peak mutual fund. And it was very formulaic.

Investing 147

Investing Investments Management Retirement 147

Sara Grillo

MARCH 16, 2024

This was the first and largest in-person gathering of flat fee advisors! pricing, technology, compliance) as they build their transparent advice businesses.” Flat fee advisor “Highly qualified community with a shared vision for fairness, honesty, and transparency for clients. I look forward to more!

Financial Advice 52

Financial Advice Communication Financial Advisor Consulting 52

Sara Grillo

MAY 8, 2023

These meetups are free and the goal is to learn from each other about how to grow and manage a transparent practice for the benefit of clients. SARA GRILLO: Okay, what resources have you availed yourself of, they can provide us with more knowledge and transparency as a fee-only advisors or the advisors that are listening to this.

Insurance 59

Insurance Clients Financial Advisor Accounting 59

Sara Grillo

SEPTEMBER 26, 2022

The debaters are: Robert Wright, CFP®, a financial consultant with Advocacy Wealth Management. Division of Investment Management. Assuming we all agree that financial planning does not yet meet the standard for being considered a” profession”, what do you believe is required in order for that to happen? 2022, August 1).

CFP 59

CFP Financial Advisor Financial Planner Ethics 59

XY Planning Network

NOVEMBER 4, 2024

Staying on top of your compliance tasks and responsibilities as an RIA can often seem overwhelming – especially for those whose compliance accountabilities are only part of their role. This business area may often seem the least exciting and have the least amount of management training or experience.

Compliance 96

Compliance Consulting Accounting Management 96

XY Planning Network

JANUARY 13, 2025

Ive been deep in the trenches of social media for over five years nowyes, I know, five years might not sound like a lot but from content manager to social media manager, Ive seen the highs, lows, and ever-evolving algorithms that can either make or break your presence. Though, who doesnt love a good cat meme?)

Financial Advisor 111

Financial Advisor Media Compliance Marketing 111

XY Planning Network

FEBRUARY 17, 2025

The financial planning industry is evolving fast, and advisors are searching for better ways to build, grow, and run their firmswithout feeling bogged down by compliance and operational headaches. Historically, starting an RIA meant tackling high startup costs, navigating complex regulations, and juggling every aspect of running a firm alone.

Startup 62

Startup Compliance Financial Planning Planning 62