Nerd's Eye View

APRIL 29, 2024

However, because few advisors are also legal professionals (who can offer more detailed guidance and draft legal documents), many often collaborate with estate planning attorneys to ensure their clients' estate planning needs are met. With this in mind, many financial advisors offer estate planning guidance to clients.

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The Reformed Broker

JANUARY 28, 2023

Nathan is the author of the new book For Blood and Money, which documents the story behind the biggest winners the stock market has ever. We had a great time learning from Nathan Vardi this week.

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Management Marketing Marketing 258

Wealth Management

FEBRUARY 27, 2024

Practitioners need to modify their procedures to accommodate new requirements.

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Nerd's Eye View

JANUARY 24, 2024

Moreover, even if durability is established, it's important to distinguish between an immediate POA, which is effective as soon as the document is signed, and a springing POA, which won't be effective until the grantor becomes incapacitated, and that incapacitation has been certified by a doctor as well! Unfortunately, nearly half of all U.S.

Estate Planning 246

Estate Planning Accounting Clients Planning 246

Nerd's Eye View

JANUARY 24, 2024

Moreover, even if durability is established, it's important to distinguish between an immediate POA, which is effective as soon as the document is signed, and a springing POA, which won't be effective until the grantor becomes incapacitated, and that incapacitation has been certified by a doctor as well! Unfortunately, nearly half of all U.S.

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Clients Estate Planning Accounting Planning 246

Abnormal Returns

JULY 4, 2024

wsj.com) How the NDA became the defining legal document of the day. (asteriskmag.com) Longreads America is thriving in spite of government ineptitude. notboring.co) Average traffic speeds in Manhattan are the worse they have ever been. thecut.com) The combination of AI, robots and weapons is inevitable.

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Insurance Government 275

Nerd's Eye View

APRIL 3, 2023

Read the analysis about these announcements in this month's column, and a discussion of more trends in advisor technology, including: FP Alpha unbundles its Estate Planning Lab solution for automatically reading and summarizing clients' estate planning documents available as a stand-alone option, and rolls out a new P&C Insurance Snapshot tool, (..)

Estate Planning 246

Estate Planning Financial Planning Wealth Management Clients 246

Nerd's Eye View

AUGUST 7, 2023

This month's edition kicks off with the news that estate planning platform Wealth.com has launched Ester, an AI-driven 'legal assistant' that uses machine learning to help advisors quickly review and extract the key information from clients' estate planning documents, as it joins FP Alpha in the competition to become 'Holistiplan for estate planning (..)

Estate Planning 246

Estate Planning Wealth Management Financial Advisor Planning 246

Nerd's Eye View

OCTOBER 25, 2024

Also in industry news this week: The SEC this week released its list of priorities for 2025 examinations, which include advisers' use of Artificial Intelligence tools, adviser recommendations of complex investment products, and broker-dealers' compliance with Regulation Best Interest CFP Board has introduced a refreshed ad campaign encouraging students (..)

Financial Planner 246

Financial Planner Financial Advisor Estate Planning Compliance 246

Nerd's Eye View

NOVEMBER 22, 2023

Once they are comfortable with the information and documents that have been shared, they can sign a Letter Of Intent that, while still high-level, provides enough detail about the proposed transaction for the seller to make an informed decision about whether to proceed.

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Compliance Sales Financial Advisor Financial Planning 246

The Big Picture

MAY 28, 2023

A painstakingly documented new book by Jonathan Howard, a neurologist at New York University and a veteran debunker of the pseudoscience contaminating our efforts to fight the pandemic. My Sunday morning look at incompetency, corruption and policy failures: • We Want Them Infected : These ‘experts’ sold the U.S.

Accounting 299

Accounting Medical Numbers Assets 299

Abnormal Returns

APRIL 24, 2024

vox.com) What financial documents you need to hold onto. (tonyisola.com) How to bunch your charitable donations to maximal effect. forbes.com) The financial reasons couples are cohabitating before marriage. wapo.st) Everybody needs a will, everybody. crr.bc.edu) Costco ($COST) gold bar buyers are seeing the downsides of holding physical gold.

Insurance 264

Insurance Math Retirement Education 264

Abnormal Returns

JANUARY 17, 2024

evidenceinvestor.com) Frazer Rice talks with Jenny Rozelle about the roles and responsibilities in trust and estate documents. (peterlazaroff.com) Robin Powell talks retirement planning with Justin King author of "The Retirement Café Handbook: Nine Accelerators for a Successful Retirement."

Retirement 258

Retirement Retirement Planning Insurance Education 258

Abnormal Returns

FEBRUARY 21, 2024

nytimes.com) Why you should update your estate documents. (wsj.com) An increasing number of retirees feel 'trapped' in their Medicare Advantage plans. finance.yahoo.com) A solution to higher home owner insurance premiums is to reduce coverage. whitecoatinvestor.com) Big collections come with a big burden. humbledollar.com)

Retirement 275

Retirement Retirement Planning Portfolio Management Financial Advisor 275

Nerd's Eye View

APRIL 26, 2023

The 1st category of tasks that advisory firms must handle involves renewing their registration with the applicable state(s) in which they do business each year, which typically involves submitting select documents (e.g.,

Compliance 246

Compliance Clients Advertising Accounting 246

Abnormal Returns

AUGUST 14, 2023

safalniveshak.com) Six documents to have in place before your child goes off to college. (abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. newsletter.abnormalreturns.com) Mixed media Seven life lessons for a new college student. wsj.com)

Financial Advising 245

Financial Advising Media Economy Banking 245

Nerd's Eye View

AUGUST 7, 2024

Notably, an asset-by-asset approach to estate planning isn't 'just' about drafting documents like wills or trusts; it requires full knowledge of the client and the details of their (and their beneficiaries') financial, tax, and overall life circumstances.

Estate Planning 246

Estate Planning Taxes Assets Planning 246

Abnormal Returns

MARCH 15, 2023

wsj.com) How poorly drafted legal documents can land you in trouble. (humbledollar.com) Advice How to fire your financial advisor in four steps. kindnessfp.com) When does it make sense to get help with your taxes? humbledollar.com) Don't rely on ChatGPT to answer your personal finance questions.

Retirement Planning 246

Retirement Planning Retirement Financial Services Financial Advisor 246

Abnormal Returns

JULY 3, 2023

financial-planning.com) Wealth.com's Ester will help you read estate planning documents. (matts-newsletter-7a3f46.beehiiv.com) beehiiv.com) A round-up of the past month's advisor-tech news including Vanilla's new "estate advisory" platform. kitces.com) Estate planning Four things to consider in anticipation of 2026.

Estate Planning 240

Estate Planning Recruitment Wealth Management Startup 240

Nerd's Eye View

JULY 17, 2023

Our newest course on Life Insurance Policies adds to our existing programs on reviewing Tax Returns and navigating Estate Documents as well, and we're committed to continue to expand our financial advicer curriculum in the years to come!

Ethics 245

Ethics Financial Advice CFP Financial Advisor 245

Nerd's Eye View

NOVEMBER 29, 2023

The traditional way that most financial planning has been offered was for an advisor to create "The Plan": a comprehensive document outlining a client's financial strategy that was delivered either on a one-time basis or updated annually.

Planning 246

Planning Financial Planning Clients Communication 246

Nerd's Eye View

AUGUST 24, 2022

The agreement should also lay out some acknowledgments for the client to review.

Electronics 242

Electronics Clients Retirement Planning Financial Advice 242

Nerd's Eye View

AUGUST 24, 2022

The agreement should also lay out some acknowledgments for the client to review.

Electronics 238

Electronics Clients Retirement Planning Financial Advice 238

Nerd's Eye View

APRIL 26, 2023

The 1st category of tasks that advisory firms must handle involves renewing their registration with the applicable state(s) in which they do business each year, which typically involves submitting select documents (e.g.,

Compliance 246

Compliance Clients Advertising Accounting 246

The Big Picture

MAY 2, 2024

Leases are contracts, and they lay out the specific terms for renewals within the document. Almost two-thirds of all existing leases for apartments or house rentals get renewed. Nearly all of these renewals were signed one or two years ago. They obviously reflected the inflation rates then — which were peaking.

Budgeting 363

Budgeting 363

Nerd's Eye View

JUNE 13, 2023

We also talk about how Danika’s former career in corporate finance at a number of tech startups inspired her to work with women in tech, as she realized that she understood the financial issues they faced and by being specifically niche-focused, she could create more repeatable processes and it would be easier to scale the business over time, (..)

Financial Advisor 246

Financial Advisor Clients Startup Financial Planning 246

Nerd's Eye View

JULY 4, 2023

What's unique about Melissa, though, is how she originally built her career following a path of becoming a partner in a large ensemble firm, but when she finally got the opportunity to make partner she still had an external lawyer review the partnership documents and the company’s operating agreement like a prenup – hoping for the best (..)

Financial Advisor 246

Financial Advisor CFP Clients Assets 246

Mish Talk

NOVEMBER 30, 2022

TradeLens was designed to be an industry-supported supply-chain data, document, and analytics platform that could be used by importers, exporters and anyone else involved in global trade, making use of distributed blockchain technology for its backend. The research results (Fig. Code Map of Shipping Industry Code. 2018 ; Green et al.

License 219

License Transportation Distribution Banking 219

The Big Picture

MAY 6, 2023

ProPublica ) • How companies make it difficult to unsubscribe : I unsubscribed from 16 online services and documented the ways companies made it, knowingly (or unknowingly), challenging. Ron DeSantis are locked in a blood feud over a peculiar tract of land with a wild history.

Wealth Management 311

Wealth Management Engineering Assets Management 311

Nerd's Eye View

MAY 5, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week’s edition kicks off with the news that the House Financial Services Committee unanimously passed a bill that would direct the SEC to conduct a study and carry out a rulemaking on the definition of a "small entity" to reduce the compliance burden on small businesses, (..)

Financial Planner 246

Financial Planner Financial Services Electronics Compliance 246

The Big Picture

MARCH 16, 2024

BBC ) • What Deathbed Visions Teach Us About Living : Researchers are documenting a phenomenon that seems to help the dying, as well as those they leave behind. ( But after recent crackdowns, some Florida cities may be “breaking up” with the popular pastime. (

Clients 277

Clients Management Numbers Assets 277

Carson Wealth

APRIL 4, 2024

Information you’ll want to document includes: Bank accounts Investments Retirement accounts Estate planning documents (wills, trusts, etc.) But note, in order for a power of attorney (POA) document to be valid, it must be signed by your parents while they are still mentally competent.

Management 137

Management Healthcare Medical Estate Planning 137

Nerd's Eye View

SEPTEMBER 8, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the SEC this week issued a risk alert outlining how it selects firms to examine, the areas it focuses on during exams, and how it chooses which firm documents to request, details that could ultimately help firms (..)

Financial Planner 246

Financial Planner CFP Clients Investment Planning 246

Abnormal Returns

AUGUST 31, 2024

newsletter.abnormalreturns.com) Mixed media Why legal documents read the way they do. (abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. fastcompany.com) The return to the office has stalled out. sherwood.news)

Financial Advising 276

Financial Advising Transportation Food Insurance 276

Nerd's Eye View

NOVEMBER 26, 2024

In this episode, we talk in-depth about how Kevin's firm's new hire training program ramps up through the first 6 months, starting with an initial 90-day stage that uses standardized case studies to teach the firm's financial planning process and how to review and input data into the firm's systems, followed by a second 90-day stage that builds new (..)

Wealth Management 246

Wealth Management Financial Advisor Clients Planning 246

Nerd's Eye View

FEBRUARY 2, 2024

Also in industry news this week: A recent study from advisor digital marketing firm Snappy Kraken suggests firms that invest in Search Engine Optimization (SEO), have a regular cadence of emails to their subscriber list, and include video content in these messages tend to get greater returns from their marketing efforts CFP Board has created a guide (..)

Financial Planner 246

Financial Planner Compliance CFP Clients 246

Nerd's Eye View

FEBRUARY 21, 2024

Additionally, companies formed on or after January 1, 2024, will need to include "company applicants", which are the individuals who filed and/or directed the filing of the company's business formation documents at the state level in their BOI reporting. And if any of the company's beneficial owners change (e.g.,

Insurance 241

Insurance Numbers Clients Business Planning 241