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Weekend Reading For Financial Planners (March 23-24)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the SEC has recently been cracking down on firms for recordkeeping failures related to electronic communications, including their use of text messaging with prospects and clients.

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Drafting RIA Advisory Agreements: Best Practices And Essential Elements To Include

Nerd's Eye View

a single person, a couple, a business, or a retirement plan) and the date on which the agreement will become effective. To start, the agreement should contain basic information about the adviser-client relationship, including who the client is (e.g., The agreement should also lay out some acknowledgments for the client to review.

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Drafting RIA Advisory Agreements: Best Practices And Essential Elements To Include

Nerd's Eye View

a single person, a couple, a business, or a retirement plan) and the date on which the agreement will become effective. To start, the agreement should contain basic information about the adviser-client relationship, including who the client is (e.g., The agreement should also lay out some acknowledgments for the client to review.

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Offering Tax Preparation As A Solo Advisor: How To Attain Designations And Create A Schedule By Next Tax Season

Nerd's Eye View

investment reviews in the summer, retirement projection updates in the fall, and year-end tax planning in the winter) created enough efficiency through systematizing the ongoing financial planning process that allowed him to fit in tax preparation without reducing any of his other service offerings!

Taxes 246
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How Long to Keep Important Financial Records

MazumaBusinessAccounting

Whether you’re keeping the record for one month or 10 years, record-keeping best practices dictate you should store documents electronically (go paperless when you can), and always backup your files by saving them in the cloud. For electronic documents, store them in a password-protected folder on your desktop or another secure location.

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Average Net Worth By Age: Where Do You Stand?

Clever Girl Finance

This is very important for retirement, and knowing what your target net worth by age should be will help you better understand how to reach your personal financial goals. Also, keep in mind certain types of assets depreciate over time, like cars and electronics. The information here is just to guide you, not to set any rules.

Budgeting 119
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What is Retirement Planning & How a Certified Financial Planner Help You Achieve Your Goal

International College of Financial Planning

When we are busy working to earn a living and spending time with our family, first thing needs to think about is Retirement Planning. Generally, people think about Retirement planning after retirement. To plan for retired life important thing is financial plan. Regular income post-retirement is essential.