Nerd's Eye View

JULY 5, 2022

Welcome back to the 288th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Patrick Kilbane. Patrick is a Partner and the Director of the Divorce Advisory Group for Ullmann Wealth Partners, an independent RIA based in Jacksonville Beach, Florida, that oversees $800 million in assets under management for 350 client households.

Financial Advisor 221

Financial Advisor Clients Assets Management 221

Trade Brains

JULY 6, 2022

Understanding How Does Stock Market Affect The Economy: The stock market and the economy are in a lot of talk in recent days. Seeing the market indexes declined by over 30% within a month, an obvious question among people is to understand how does the stock market affects the economy. In this article, we are going to answer the same and discuss the effect of rising or falling stock markets on the economy.

Economy 98

Economy Marketing Marketing Economics 98

Carson Wealth

JULY 7, 2022

Tom Fridrich, Senior Wealth Planner . Once upon a time, people would put money in their 401(k) or IRA accounts and know that – should their retirement savings outlive them – their loved ones would inherit the rest and all would essentially be well. . But then the SECURE Act went into effect on January 1, 2020, and the story changed. . Today, someone who inherits money that’s sitting in a 401(k) or a traditional IRA could also get another, less welcome gift: higher taxes. .

Accounting 98

Accounting Retirement Distribution Taxes 98

Mullooly Asset Management

JULY 6, 2022

Social security benefits are a key part of any retirement plan. But deciding when to claim those benefits is something all retirees should think long and hard about. Deciding when to tap into your social security is a highly personalized decision. You paid money into the system during your working years, that money has compounded […].

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Retirement Planning Retirement Planning 96

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Accounting

Nerd's Eye View

JULY 6, 2022

Advisors occasionally encounter situations where their recommendations conflict with a prospect’s or a client’s opinions or beliefs. When encountering this resistance, the advisor has a choice to make: either to alter their recommendation to make it more acceptable to the client’s way of thinking, or to dig in and attempt to change the client’s mind on the subject (or, in the most extreme cases where the difference cannot be resolved, to re-evaluate the engagement and per

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Clients Asset Allocation Financial Advisor Portfolio 198

Brown Advisory

JULY 7, 2022

Annual Report: Mountains. mhannan. Thu, 07/07/2022 - 10:44. We usually think of mountains as the Earth’s surface rising abruptly toward the sky, but with a broader perspective, we find their likeness in the challenges that we face as investors and advisors for our clients, as teammates of our colleagues and as citizens in our communities. No matter the shape of the mountain, our climb is fueled by deep curiosity, incisive questions and critical listening.

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Clients Investing Investments 95

Good Financial Cents

JULY 6, 2022

Helping kids pay for college can be a wonderful gift, yet parents and families should always conduct due diligence before they take out any type of loan. For example, families should know exactly how much in loans they’re taking out, the interest rate they’ll be asked to pay, and the monthly payment they’ll need to plan for. Parent borrowers in particular should also understand they’ll be legally responsible for repaying student loan balances they co-sign for — even if th

Education 95

Education Planning Accounting Banking 95

Nerd's Eye View

JULY 8, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with a recent study indicating that 15% of employee advisors at wirehouse firms and 7% of independent advisors affiliated with a broker-dealer are considering leaving their firm in the next one to two years. Of those most likely to stay, retention was driven primarily by the quality of the firms’ technology offering, the breadth of its products and services, and the c

Financial Planner 150

Financial Planner Clients Assets Media 150

Norman Marks

JULY 8, 2022

In my last post, I outlined (at a very high level, with no detail) what I considered effective risk management entailed: When setting objectives, goals, and strategies, consider the things that might happen (both positive, opportunities, and negative, risks) and set achievable (if a bit of a stretch) objectives that will achieve the purpose of […].

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Risk Management Management 96

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Accounting

Trade Brains

JULY 8, 2022

Investing requires a more or less simple strategy to make great returns. Find the next big thing and make sure that the company is financially sound. This search has led many investors to jump into renewable energy, a concept drilled into our heads since childhood, as the future once fossil fuels are exhausted. This has led to multiple stocks in the renewable energy sector turning multi-baggers this year.

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Manufacturing Commission Government Investing 81

Random Roger's Retirement Planning

JULY 8, 2022

Yesterday we looked at mimicking the Bridgewater All-Weather Portfolio and contrasted it with the idea of building your own sort of all weather-ish effect for your portfolio. Today I'd like to take another look at the Return Stacked: 60/40 Absolute Return Index which is a joint collaboration between ReSolve Asset Management and Newfound Research. Here's the first post from a few weeks ago.

Portfolio 80

Portfolio Communication Management Assets 80

Good Financial Cents

JULY 5, 2022

It’s a sad fact, but we’re all mortal and one day we will all die. This is true whether we have retired or not and there’s a 100% chance of that happening. According to Vanguard, over 25% of all Americans have a 401k plan. This means 1 out of every 4 Americans will be forced to deal with a 401k plan after someone passes away. That brings us to the all-important question: What happens to our 401k when we die?

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Distribution Accounting Retirement Planning 74

The Better Letter

JULY 7, 2022

This week brings the eighth installment of my series on making behavioral finance actionable. The previous seven are linked below. Part One: The Experiment Part Two: The Misinformation Milieu Part Three: The Method Part Four: The Mindset Part Five: The Great Mistake Part Six: Make Fewer Decisions Part Seven: Need Help If you like The Better Letter, please subscribe, share it, and forward it widely.

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Math Communication Economics Planning 65

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

Accounting

Million Dollar Round Table (MDRT)

JULY 7, 2022

By Bryce Sanders Often, the first step to converting a suspect into a prospect and then into a client is to schedule a face-to-face meeting. This can be tougher than it seems. Inviting prospects to a seminar is a good strategy to meet halfway. They are present in person, which shows a degree of interest. You can meet and shake hands, yet they are in a group setting, so they do not feel like they are being “sold something.”.

Clients 61

Clients Marketing Marketing 61

Random Roger's Retirement Planning

JULY 7, 2022

With all the conversations we've had lately about using alternatives to smooth out the ride of the equity market and now we have to consider smoothing out the ride of the bond market too, should we consider whether it makes sense for investors to try to mimic the Bridgewater All Weather Portfolio (capitalizing All Weather) versus instead, what we've been talking about, trying to capture some sort of all weather (lower case all weather) effect ?

Portfolio 73

Portfolio Asset Allocation Clients Numbers 73

Walkner Condon Financial Advisors

JULY 8, 2022

We have experienced quite a start to the year. The equity markets have had a difficult start to 2022, with the S&P 500, the Dow Jones Industrial, and NASDAQ all seeing double-digit losses. Many of the bond indexes have seen historically bad beginnings to the year as well. The year-to-date losses in the equity and bond markets, coupled with rising inflation rates and a persistent war in Ukraine, have greatly increased the likelihood of a recession.

Economics 59

Economics Financial Advisor Economy Portfolio 59

Sara Grillo

JULY 8, 2022

This isn’t some made up crap because I want to sell on something. Here are real accounts of what a day in the life of a financial advisor entails, from real professional financial advisors. Why I wrote this blog. Why did I find it necessary to write about the day in the life of a financial advisor? Well… Because there is so much smoke-and-mirrors about the profession, nobody is given a clear picture of what an advisor actually does.

Financial Advisor 59

Financial Advisor Financial Planner Clients Financial Planning 59

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Banking

Trade Brains

JULY 7, 2022

Best Battery Sector Stocks in India for 2022: Across all major automotive markets globally, we are witnessing a transformative shift to electric mobility. Even during the ongoing Covid-19 pandemic, while vehicle sales have dropped significantly in many of these markets, the uptake of electric vehicles (EVs) has bucked the trend in 2020. India also is keen on following this global trend.

Manufacturing 59

Manufacturing Marketing Marketing Sales 59

Norman Marks

JULY 3, 2022

I have to admit that the book is a bit thicker than I expected. But I am happy with it and hope that others will find my first novel a decent read – about the first week or two in a new job of a chief audit executive. I now have more books than I […].

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Good Financial Cents

JULY 8, 2022

Options trading is becoming increasingly popular, especially as investors look for new and different strategies to improve retirement portfolio performance. Options trading is a higher-risk activity than other types of investing, but it can be profitable if you are knowledgeable and understand those risks. To help you improve your options trading game, we offer this guide with what we believe to be the six best options trading platforms of 2022.

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Commission Accounting Financial Services Investing 53

Getting Your Financial Ducks In A Row

JULY 4, 2022

Photo credit: jb. While many folks would tell you that it can be a good idea to make non-deductible contributions to your traditional IRA, I believe it’s in the “Bad Idea” category for most situations. This is primarily due to the way the tax law works for IRA and non-IRA money. There can be good reasons for non-deductible IRA contributions, but today we’ll focus on the downside.

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Taxes Distribution Accounting Investing 53

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

Numbers

The Irrelevant Investor

JULY 8, 2022

Today’s show is brought to you by Allocate We had Samir Kaji, CEO and Co-Founder on the show to talk about private market opportunities in today's venture environment. On today’s show we discuss: Samir Kajis experience in private markets The late 90s vs today Typical VC fund investors How the process works with Allocate An update on current private markets and deal activity Listen here: Links: Allocate solution suite VC FAQs Series A announcement TechCrunch on Allocate Apply here to join All

Marketing 52

Marketing Marketing 52

Trade Brains

JULY 8, 2022

How often do you come across industries that are extremely vital for the economy but are often underrated from an investment perspective? One such industry is the Rubber Manufacturing Industry. Finished products of this industry are seen across various other industries like automobiles, tyres, clothes, furniture, footwear, hose and every other machinery.

Manufacturing 52

Manufacturing Economy Pharmaceutical Sales 52

Good Financial Cents

JULY 6, 2022

Where investors use crypto exchanges as trading platforms to buy, sell, and trade various cryptocurrencies, the best cryptocurrency wallets give them a place to store their digital assets. This distinction is important since crypto exchanges don’t always offer the best security, and since having a digital wallet ensures you always have exclusive access to your own private keys.

Assets 52

Assets Investing Investments Accounting 52

Mullooly Asset Management

JULY 8, 2022

It’s often said that the stock market looks forward, while economic data looks in the rearview mirror. The stock market reacts to what it thinks is going to happen. While the economic data represents what has already happened. It is not uncommon to see the stock market bottom while the economic news worsens. Tom and […] It’s often said that the stock market looks forward, while economic data looks in the rearview mirror.

Economy 52

Economy Marketing Marketing Economics 52

Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

Financial Advice

Brown Advisory

JULY 7, 2022

2022 Annual Report | Mountains mhannan Thu, 07/07/2022 - 10:44 We usually think of mountains as the Earth’s surface rising abruptly toward the sky, but with a broader perspective, we find their likeness in the challenges that we face as investors and advisors for our clients, as teammates of our colleagues and as citizens in our communities. No matter the shape of the mountain, our climb is fueled by deep curiosity, incisive questions and critical listening.

Clients 52

Clients Investing Investments 52

Steven J. Wilson

JULY 7, 2022

To grow your business, a strong personal brand can be a massive advantage. Why? Competing with giant companies in your niche with sheer costly exposure is tough. You don’t have as many resources to spend on advertising as large businesses do. Also, people don’t trust business brands like they use too. It’s not entirely your fault, as […]. The post The Competitive Advantage of Personal Branding appeared first on Steven J.

Advertising 52

Advertising 52

Diamond Consultants

JULY 7, 2022

By Jason Diamond and Mindy Diamond. Independence in the wealth management industry is much like your local ice cream shop: There are many different flavors to choose from. Each year around July 4 th , we pause to reflect on the tremendous progress that our industry has made in transitioning, supporting, and fostering independent advisors. But independence in the wealth management industry is a lot like your local ice cream shop: There are many different flavors to choose from.

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Compliance Wealth Management Management Clients 52