Ballast Advisors

JUNE 18, 2024

Join us as we delve into the tax strategy, legal documentation, and insurance coverage considerations needed to successfully balance the ownership of multiple residences for snowbirds. Tax-related documents: When you have multiple residences, you may need to file state income tax returns in each state where you are considered a resident.

Insurance Coverage 52

Insurance Coverage Insurance Taxes Financial Planning 52

BlueMind

FEBRUARY 11, 2022

Therefore, digital documentation can be very critical for the onboarding process. This long and arduous process of client onboarding demands that you have all the required documentation lined up in a row before creating financial goals and plans with your client. Category: Technology.

Compliance 52

Compliance Financial Advisor Clients Electronics 52

Clever Girl Finance

JULY 24, 2023

Sorting paper, looking for that one document you need? The main benefit of sorting paper and documents is to your overall mental health and well-being and for your family’s benefit, in the case of an emergency. People who are incapacitated or have passed away still have bills to pay and important documents in their names.

Certification 52

Certification Medical Banking Taxes 52

Pacifica Wealth

FEBRUARY 17, 2022

Optional estate planning documents are generally not legally binding documents. . Optional estate documents focus on values, lessons, and legacy issues. If you have strong feelings about being a donor or not being a donor, you should write your wishes in a separate document or you can even include it as part of your Will.

Estate Planning 52

Estate Planning Planning License Wealth Advisor 52

MarketWatch

FEBRUARY 10, 2023

The FBI has found one extra classified document after searching former Vice President Mike Pence’s Indiana home, reports said Friday. Last month, Pence’s lawyers said they had discovered several documents with classification markings at his home.

Marketing 40

Marketing Marketing 40

NAIFA Advisor Today

MARCH 1, 2023

Co-founder of Prismm , a platform that allows you to securely store important documents, Martha focuses on executive advancement without compromising integrity or authenticity. Martha Underwood has been in the technology space for over 25 years and is skilled at successfully managing large-scale digital transformation initiatives.

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Wealth Management

FEBRUARY 27, 2024

Practitioners need to modify their procedures to accommodate new requirements.

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MarketWatch

APRIL 13, 2023

A Massachusetts Air National Guard member suspected of leaking Pentagon documents has been taken into custody by federal agents, according to the Associated Press Thursday. The AP reported earlier in the day that the FBI was seeking the 21-year-old suspected of leaking highly classified documents on the war in Ukraine.

Marketing 40

Marketing Marketing 40

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 220

Financial Planner Financial Advisor Estate Planning Compliance 220

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.

Estate Planning 237

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XY Planning Network

OCTOBER 30, 2023

With the overwhelming amount of rulemaking taking place at the SEC, the operational impact of maintaining compliance, when taking into account the totality of the rules recently finalized and currently being proposed, is sure to be significant for most investment advisers going forward.

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Compliance Investing Investments Accounting 94

Wealth Management

JULY 26, 2023

New York court allows minority owner to obtain information despite attorney-client privilege.

Clients 98

Clients 98

Norman Marks

OCTOBER 30, 2023

For years now, I have been preaching (sorry) about the need for internal auditors to cut out any activity that doesn’t create value for its customers in management and on the board. This is an essential element in the great discipline, originally used in manufacturing by Toyota, called Lean. James Paterson (formerly the CAE at […]

Manufacturing 85

Manufacturing Management Government 85

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 272

Wealth Management

OCTOBER 10, 2024

The emails started around Wednesday with an attached PDF document that the brokerage regulator warned could include “malicious” content.

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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 224

Estate Planning Accounting Clients Planning 224

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 222

Estate Planning Wealth Management Financial Advisor Planning 222

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.

Clients 218

Clients Estate Planning Accounting Planning 218

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 245

Estate Planning Taxes Assets Planning 245

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.

Compliance 206

Compliance Sales Financial Advisor Financial Planning 206

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.

Management 258

Management Marketing Marketing 258

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 212

Estate Planning Financial Planning Wealth Management Clients 212

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

Harness Wealth

OCTOBER 24, 2024

This article covers a comprehensive list of the most common forms, documents, and information needed to file taxes. Income Documentation Records showing income are the most common type of tax information used to file taxes. Social Security Benefits (SSA-1099): A form documenting any Social Security benefits received.

Taxes 52

Taxes Insurance Insurance Coverage Medical 52

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 261

Insurance Math Retirement Education 261

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

Wealth Management

JUNE 10, 2024

The Document-to-Portfolio tool aims to allow users to upload images or PDF files of account statements from brokerages and banks, automatically populate account transfer details and receive real-time financial analysis.

Accounting 116

Accounting Banking Portfolio 116

Wealth Management

JUNE 11, 2024

Instead of simply a question-and-answer format, Brightwave reports are “living documents” that can be expanded and manipulated based on an advisor’s interests.

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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 229

Planning Financial Planning Clients Communication 229

Nerd's Eye View

NOVEMBER 2, 2022

While there is some overlap between the specific documents to be submitted for those registering with the SEC as opposed to the states, the universe of documents is far from identical. Notably, along with certain standardized forms (e.g., Read More.

Compliance 130

Compliance Investing Investments Government 130

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

NAIFA Advisor Today

JULY 3, 2024

Documents are ever-present in the lives of insurance and financial professionals. Today, our nation celebrates one of its founding documents. Along with the Constitution, the Declaration of Independence ranks as the most revered document in the United States. I hope all of you who have come to Washington, D.C.,

Government 76

Government Insurance Clients 76

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 255

Retirement Retirement Planning Insurance Education 255

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 243

Compliance Clients Advertising Accounting 243

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 293

Accounting Medical Numbers Assets 293

Advisor Perspectives

AUGUST 30, 2024

College students may want to secure legal documents to ensure their parents can access important information and help them in medical emergencies. Our Bill Cass highlights the key documents students can prepare before leaving for college.

Medical 52

Medical 52

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