Nerd's Eye View

FEBRUARY 18, 2025

Sebastian is the President of Guerra Wealth Advisors, a hybrid advisory firm based in Miami, Florida, with nearly $15M of revenue and almost 60 team members, supporting over 1,700 client households.

Financial Planning 148

Financial Planning Clients Planning Wealth Advisor 148

Nerd's Eye View

MARCH 10, 2025

These services may range from 'standard' offerings like retirement planning to less traditional areas like credit card consulting. While advisors may make educated guesses about client preferences, this approach has its limits.

Clients 246

Clients Financial Advice Retirement Planning Financial Services 246

The Big Picture

MARCH 31, 2025

But the way this sell-off feels, and especially how sentiment measures from consumers and CFOs are running on future spending plans and CapEx plans, implies the market is fearing something wicked this way comes. Any interpretation is more art than science, so take this with a grain of salt. I hope this take is wrong.

Taxes 294

Taxes Economics Education Planning 294

Wealth Management

OCTOBER 28, 2024

The value of education is increasingly scrutinized.

Financial Planning 290

Financial Planning Planning Education 290

Abnormal Returns

SEPTEMBER 18, 2023

(citywire.com) Creative Planning is getting creative to retain former United Capital advisers. theirrelevantinvestor.com) Taxes Why clients need to start planning now for the coming dip in the estate tax exemption. riaintel.com) Selling a service, like financial planning, is different than selling a product.

Planning 264

Planning Financial Advice Wealth Management Math 264

Nerd's Eye View

SEPTEMBER 5, 2024

A cornerstone service that many financial advisors provide is education. This puts advisors in a challenging situation to re-educate or redirect the client without becoming combative or condescending.

Education 222

Education Clients Financial Planning Communication 222

Nerd's Eye View

JUNE 26, 2024

Traditionally, the challenge in using a 529 plan to save for higher education expenses has been figuring out how much to save to cover the beneficiary's college costs without overshooting and saving more in the 529 plan than is actually needed. The Secure 2.0

Education 189

Education Retirement Taxes Distribution 189

Wealth Management

AUGUST 2, 2022

Empty certifications that require no experience and limited interaction only adds to plan sponsors’ mistrust of the industry.

Education 263

Education Certification Planning 263

Nerd's Eye View

JUNE 28, 2023

One of the key steps in the financial planning process is presenting the plan to the client, which has traditionally been done as part of a single 'plan presentation' meeting that takes place once the advisor has gathered and analyzed all of the client's data.

Planning 246

Planning Clients Financial Planning Education 246

Nerd's Eye View

SEPTEMBER 6, 2023

While asset protection is a popular planning topic for High-Net-Worth (HNW) and ultra-high-net-worth clients, those who are not HNW are susceptible to the same threats to wealth. For instance, qualified plan assets (e.g.,

Education 246

Education Assets Clients Estate Planning 246

Calculated Risk

APRIL 8, 2024

Over the month, commercial planning fell 3.2% and institutional planning dropped 17.2%. “In In 2023, commercial planning decreased while institutional planning notably improved, sitting 29% above year-ago levels in February 2024. in March to 164.0 2000=100) from the revised February reading of 179.5.

Education 305

Education Planning Accounting Economics 305

Nerd's Eye View

APRIL 24, 2023

But by focusing on advice engagement strategies and encouraging clients to become more engaged in the planning process, advisors can help clients become more motivated to take action, which will ultimately serve to improve their planning outcomes.

Financial Planning 246

Financial Planning Clients Planning Education 246

The Chicago Financial Planner

NOVEMBER 27, 2022

One of the best tax deductions for a small business owner is funding a retirement plan. If you don’t plan for your own retirement who will? Two popular small business retirement plans are the SEP-IRA and Solo 401(k). I generally consider this a plan for the self-employed. You need to start a retirement plan today.

Retirement Planning 263

Retirement Planning Retirement Planning Financial Planner 263

Nerd's Eye View

AUGUST 3, 2022

For financial advisors, dealing with issues concerning clients’ children, from education costs to legacy goals, is a common part of the planning process. And no matter the reason, clients without children have unique planning needs that are important for advisors to recognize. Read More.

Financial Planning 246

Financial Planning Planning Insurance Clients 246

Wealth Management

SEPTEMBER 25, 2024

Expressive Wealth's Vanessa Martinez details how her journey shaped her commitment to empowering clients through education and comprehensive wealth management.

Financial Planning 277

Financial Planning Wealth Management Education Planning 277

Wealth Management

JULY 29, 2024

The revamped educational platform will feature multimedia content to help advisors become more comfortable with estate planning topics.

Estate Planning 290

Estate Planning Education Planning 290

Nerd's Eye View

JULY 19, 2023

Continuing Education (CE) requirements are common for many professions, but historically there has been no minimum CE requirement for individual Investment Adviser Representatives (IARs) of advisory firms. While holders of certain credentials (e.g.,

Education 49

Education Investing Investments CFP 49

International College of Financial Planning

NOVEMBER 18, 2024

My education had been in engineering, and I spent over two decades working in technical IT roles. It wasn’t just about numbers; it was about making smart decisions and planning for the future. I reached out to an advisory service, and they helped me create my first financial plan. At 46, I found myself at a turning point.

Education 52

Education Financial Planning Consulting Management 52

Calculated Risk

DECEMBER 9, 2022

Commercial planning experienced a healthy increase in hotel and data center projects and modest growth in stores and office projects. On a year-over-year basis, the DMI was 25% higher than in November 2021, the commercial component was up 28%, and institutional planning was 21% higher. emphasis added Click on graph for larger image.

Healthcare 358

Healthcare Education Planning Government 358

Calculated Risk

AUGUST 9, 2022

The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning. Commercial planning in July was led by an increase in data center, office and warehouse projects, while fewer education and healthcare projects drove the institutional component lower.

Healthcare 362

Healthcare Education Planning 362

Nerd's Eye View

SEPTEMBER 21, 2022

In other words, instead of focusing on a complex, customized plan based on a person's unique circumstances that might make for an ideal financial plan on paper, the Baby Steps are geared toward laying out a clear and inviting path for action – which might be more attractive (and effective) from a non-expert's perspective.

Financial Planning 246

Financial Planning Planning Financial Advice Clients 246

Nerd's Eye View

SEPTEMBER 25, 2023

In the mid-20th century, the first phone call for a person who needed guidance on saving or planning for retirement was likely to be to a stockbroker or a mutual fund or insurance salesperson. So, in the late 1960s, a movement began to organize and promote best practices that would establish financial planning as a true profession.

CFP 246

CFP Financial Planning Planning Certification 246

Nerd's Eye View

JANUARY 10, 2025

Also in industry news this week: A survey indicates that nearly 71% of new financial advisors drop out in the first 5 years, with firms offering better training and mentorship opportunities (as well as entry-level positions that don't come with business development targets) seeing higher employee retention rates How broker-dealer self-regulatory organization (..)

Financial Planner 189

Financial Planner Clients Financial Advice Numbers 189

NAIFA Advisor Today

NOVEMBER 15, 2024

Raised in Orland Park, Illinois, Colin’s values were shaped by a family deeply committed to service and education. This blend of education and finance set a solid example for Colin, who now brings elements of both worlds into his work, valuing both knowledge and community-focused financial planning.

Financial Services 98

Financial Services Education Financial Planning Planning 98

Wealth Management

MAY 16, 2023

The idea behind baby bonds is to establish trust funds for children when they’re born, allowing the money to grow over time and then be accessed in young adulthood for wealth-building purposes like education, buying a home, starting a small business or saving for retirement.

Education 233

Education Planning Retirement 233

Calculated Risk

JULY 10, 2024

Over the month, commercial planning increased 14.5% and institutional planning ticked up 0.2%. Data centers continued to dominate planning projects in June – fueling another strong month for commercial planning,” stated Sarah Martin, associate director of forecasting at Dodge Construction Network.

Healthcare 278

Healthcare Planning Education Retail 278

Calculated Risk

NOVEMBER 8, 2022

Commercial planning was bolstered by a solid increase in office and hotel projects. The institutional component was varied, experiencing growth in recreational and education projects, countered by a decline in the number of healthcare and public planning projects. emphasis added Click on graph for larger image.

Healthcare 313

Healthcare Education Planning Numbers 313

Abnormal Returns

OCTOBER 9, 2023

Podcasts Dan Haylett talks with George Kinder on the true impact of Life Planning on retirement. wiredplanning.com) Michael Kitces talks with Brett Danko who is the Founder of Brett Danko Educational Center, and the CEO and Managing Partner for Main Street Financial Solutions. alphaarchitect.com) Should you have a friend as a client?

CFP 299

CFP Financial Planning Education Planning 299

Nerd's Eye View

SEPTEMBER 27, 2023

However, the number of Federal student loan borrowers over the age of 50 has increased significantly in the past 20 years, with many of these borrowers holding Parent PLUS loans that were used to help fund their children's undergraduate education. Read More.

Education 246

Education Financial Advisor Planning Clients 246

Nerd's Eye View

NOVEMBER 14, 2023

What's unique about Eric, though, is how he leverages a custom-built financial planning assessment he calls their Financial Prosperity Index, which he gives to both prospective and ongoing current clients so that they can better understand their financial health, target the financial planning domains where clients need the most help, and even more (..)

Financial Planning 246

Financial Planning Clients Planning Financial Advisor 246

Calculated Risk

SEPTEMBER 11, 2023

“Overall activity remains above historical norms, but weaker market fundamentals continue to undermine planning growth,” said Sarah Martin, associate director of forecasting for Dodge Construction Network. Also, planning in the sector continues to revert from the strong spike in activity back in May.

Healthcare 304

Healthcare Planning Education Economics 304

The Chicago Financial Planner

OCTOBER 21, 2021

Many of you have the option to enroll in high-deductible insurance plans that allow the use of a health savings account via your employer. High deductible health insurance plans . These types of plans are becoming more common with employers and are available privately as well. How the HSA works . Click To Tweet.

Retirement Planning 193

Retirement Planning Accounting Retirement Planning 193

Abnormal Returns

MARCH 5, 2025

(humbledollar.com) There is no 'right answer' in financial planning. awealthofcommonsense.com) On the limits of personal finance literacy education. timmaurer.com) Uncertainty can't be cured, only mitigated. contessacapitaladvisors.com) Taxes How to get an IRS PIN. wsj.com) What Form 1098-T is for.

Retirement 162

Retirement Financial Planning Education Taxes 162

Nerd's Eye View

FEBRUARY 28, 2024

Initial outreach to a financial advicer rarely (if ever) results from a prospective client waking up in the middle of the night in a cold sweat because they just figured out that they're in desperate need of a comprehensive financial plan. The "it seems" framework is particularly useful when prospects need help prioritizing multiple goals.

Planning 246

Planning Financial Advice Financial Planning Clients 246

Calculated Risk

MAY 8, 2024

Over the month, commercial planning improved 12.6% and institutional planning dropped 6.3%. The Dodge Momentum Index (DMI) saw positive progress in April, alongside a deluge of data center projects that entered the planning stage ,” stated Sarah Martin, associate director of forecasting at Dodge Construction Network.

Healthcare 267

Healthcare Planning Education Economics 267

Wealth Management

FEBRUARY 21, 2023

A plan, a little forethought and a lot of free education have helped James Bogart build an RIA with an organic growth rate 10 times the industry average.

Education 246

Education Planning 246

MainStreet Financial Planning

NOVEMBER 8, 2024

As December unfolds, it’s easy to overlook year-end tax planning amid the holiday hustle. For 2024, the IRS has increased contribution limits: – 401(k), 403(b), and most 457 plans: You can contribute up to $23,000. However, dedicating a few moments now can lead to significant savings come tax season.

Taxes 98

Taxes Medical Consulting Education 98