Estate Planning, Insurance Coverage and Investments

What High-Net-Worth Prospects (Really) Want From A Financial Advisor

Nerd's Eye View

JANUARY 22, 2024

For example, an advisor may think of "risk management" in terms of life and property insurance coverage, whereas HNW clients may instead think of tax and estate-planning strategies as asset protection measures – particularly for the future wealth of their heirs.

Financial Advisor

Financial Advisor Insurance Coverage Estate Planning Charitable Planning

One-time and Ongoing Services to Offer Under the Fee-for-Service Model

AdvicePay

JUNE 13, 2024

Here are some examples of one-time and ongoing services you can offer clients under the fee-for-service model: One-Time Services Ongoing Services Comprehensive Financial Plan Ongoing Financial Planning Second Opinion Engagement Advising on Held-Away Accounts Student Loan Analysis Tax Planning Portfolio Tax Efficiency Review Estate Planning Housing (..)

Insurance Coverage

Insurance Coverage Financial Planning Estate Planning Tax Planning

11 Financial Tips for Starting a Family

MainStreet Financial Planning

JUNE 13, 2023

Update your life and disability insurance. Now more than ever you want to have appropriate life and disability insurance coverage, so if something unexpected happens your family will be OK. Open a 529 plan and begin contributing as soon as you can. Get your estate plan in order. Start saving for college now.

Insurance Coverage

Insurance Coverage Budgeting Healthcare Estate Planning

Webinars

Book of Secrets on the Month-End Close

What Your Financial Statements Are Telling You—And How to Listen!

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

MORE WEBINARS

The 5 Pillars of Retirement Planning You Should Be Aware of

WiserAdvisor

MARCH 13, 2024

This article will discuss the five pillars of retirement planning and why they are a critical component of your retirement plan. At its core, investment planning ensures that your financial resources are strategically allocated to various asset classes in accordance with your risk tolerance and investment objectives.

Retirement Planning

Retirement Planning Retirement Planning Estate Planning

Year-End Financial Checklist

Walkner Condon Financial Advisors

NOVEMBER 11, 2022

The owners of a 529 account receive tax benefits on the growth of the investment account and may also receive state tax benefits depending on each state plan. TAX AND ESTATE PLANNING. Investors have until year-end to realize capital losses by selling poorly performing investments. Insurance Amounts .

Insurance Coverage

Insurance Coverage Retirement Planning Financial Advisor Taxes

Financial Planning That Helps Clients Weather Disasters

eMoney Advisor

DECEMBER 6, 2022

After all, if your services include coordination with their estate planning, insurance, and more, you need to have a secure way they can share that data with you. They can check their homeowner’s insurance coverage before making a claim once the storm has passed. Sources: 1.

Financial Planning

Financial Planning Clients Planning Estate Planning

How Will My Financial Plan Change Over the Course of My Life?

Carson Wealth

JANUARY 4, 2024

Invest in yourself. When you’re in your 20s and just getting started in your career, take time to invest in yourself. Take the time to grow your human capital and build life experiences and knowledge – it doesn’t get easier to invest in yourself later on in life. Consider taking some risk.

Financial Planning

Financial Planning Planning Retirement Estate Planning

4 Pitfalls of Not Having a Financial Plan

Carson Wealth

APRIL 25, 2024

Investment strategy: Determine asset allocation and investment vehicles aligned with risk tolerance and financial goals. Retirement planning: Calculate retirement needs and contribute regularly to retirement accounts. What Could Happen if You Don’t Have a Financial Plan?

Financial Planning

Financial Planning Planning Retirement Insurance Coverage

Ten Steps To Creating A Solid Financial Plan For Yourself

Clever Girl Finance

DECEMBER 1, 2022

It details your current money situation, as well as your financial system, including things like investing, saving, retirement, and estate plans. A diversified portfolio of investments. The right type of insurance coverage (Life, health, disability, home, etc.). Determine the type of financial plan you need.

Financial Planning

Financial Planning Planning Budgeting Insurance

7 Types Of Financial Emergencies And How To Be Prepared

Clever Girl Finance

OCTOBER 13, 2022

This means your money stays in cash, rather than getting invested in the stock market. Invested funds take longer to access—it could take a couple of business days to sell your investments and cash out of your account. Invest in insurance. Property insurance. Life insurance. Pet insurance.

Medical

Medical Insurance Estate Planning Accounting

Serving Clients at All Stages of the Financial Planning Lifecycle Effectively and Efficiently

eMoney Advisor

FEBRUARY 9, 2023

Financial Planning Needs: Retirement planning Education and family planning Obtaining appropriate insurance coverage Business and tax planning Significant asset purchases Strategies for Serving Clients in This Stage: Clients at this stage are experiencing life events — both large and small — that will impact their financial planning needs.

Financial Planning

Financial Planning Clients Planning Education

Sound Strategies for Crafting Your Retirement Investment Portfolio

Fortune Financial

SEPTEMBER 29, 2022

Another common misconception is that people believe they must select the investments that generate the highest returns to build retirement funds. . The same philosophy applies to investing in your retirement account as early as possible. Inflation is a major factor to consider in retirement planning.

Retirement

Retirement Portfolio Retirement Planning Investments

Taking Control of Your Finances: Why Financial Planning Matters

International College of Financial Planning

MARCH 11, 2023

This blog post explains why financial planning is important and how it can benefit you in the future Understanding the Importance of Financial Planning: Financial planning involves setting financial goals, creating a budget, saving and investing managing debt, and planning for retirement and estate.

Financial Planning

Financial Planning Planning Insurance Coverage Financial Planner

12 Steps To Creating A Solid Financial Plan For Yourself

Clever Girl Finance

MARCH 19, 2024

What is a financial plan? It details your current money situation and financial system, including investing, saving, retirement, and estate planning. your short, mid-term, and long-term goals) The right types of insurance coverage (Life, health, disability, home, etc.) And do I have any money invested?

Financial Planning

Financial Planning Planning Budgeting Retirement

Protecting What’s Yours (After You Pass)

Yardley Wealth Management

JANUARY 18, 2022

Protecting What’s Yours (After You Pass) In our last piece, we emphasized the importance of estate planning as the greatest gift you can bequeath to your loved ones, to reduce their painful stress load during an already stressful time. What if you die intestate (without a will)? How Do You Get It Together? How Can We Help?

Estate Planning

Estate Planning Planning Assets Retirement Planning

Protecting What’s Yours (After You Pass)

Yardley Wealth Management

JANUARY 18, 2022

In our last piece, we emphasized the importance of estate planning as the greatest gift you can bequeath to your loved ones, to reduce their painful stress load during an already stressful time. If you’ve been putting off your estate planning, taking the initial steps can be daunting—but liberating. A Handy Checklist .

Estate Planning

Estate Planning Planning Assets Retirement Planning

The Money Tasks You’re Avoiding And How To Make Progress (Part 1)

Workable Wealth

NOVEMBER 11, 2020

Due to the comprehensive nature of these plans, premiums are nearly four times higher than term policies and often don’t offer enough benefits to justify the sky-high rates. While these policies can accumulate a cash balance and investment opportunities, you can usually see more substantial returns through regular portfolio contributions.

Estate Planning

Estate Planning Insurance Financial Planning Planning

5 Tips to Build an Investment Portfolio for Retirement

WiserAdvisor

JANUARY 3, 2024

But the one thing that remains constant in this advice is that investing is essential to secure a comfortable retirement. Yet, the path to building a robust investment portfolio for retirement can be an intimidating task. As your investments grow over time, you will not owe any taxes when you withdraw the funds in retirement.

Retirement

Retirement Portfolio Investments Investing

The Battle of Advice: ChatGPT vs. a Financial Advisor on Retirement Planning

WiserAdvisor

JULY 27, 2023

Calculate potential income from investments, such as retirement accounts (401(k), IRA), and other assets. Create a Savings Plan: Calculate how much you need to save regularly to reach your retirement goals. Manage Investment Risk: Reevaluate your investment portfolio to align with your retirement timeline and risk tolerance.

Retirement Planning

Retirement Planning Financial Advisor Retirement Planning

6 Financial New Year’s Resolutions for 2023

WiserAdvisor

JANUARY 10, 2023

New Year’s financial resolutions vary based on one’s financial situation and future goals, and can be anything from getting your finances in order, saving more for retirement, improving your credit score, to building an emergency fund, paying off your debts, creating an estate plan, and more. Eliminate your debt.

Estate Planning

Estate Planning Retirement Budgeting Financial Advisor

How To Start A New Chapter In Life (It’s OK To Start Over!)

Clever Girl Finance

DECEMBER 16, 2022

This includes bank accounts , investments, and real estate property. Planning is a matter of determining the steps necessary for getting from where you're at to where you really want to be. For instance, you can create a financial plan that includes: Your new budget. A savings plan. A debt repayment plan.

Budgeting

Budgeting Insurance Coverage Planning Accounting

Why do Physicians Need Financial Advisors and How to Find Them

WiserAdvisor

DECEMBER 1, 2023

It can also help them identify opportunities to save and invest wisely to grow their wealth over time. Reason 2: To eliminate debt Medical education often comes with a substantial financial investment. The more one succumbs to lavish spending, the less room there is for savings and investments.

Financial Advisor

Financial Advisor Medical Insurance Education

How Your Health Should Factor Into Your Financial Planning

WiserAdvisor

MAY 3, 2023

A financial advisor can help you understand how to factor your health into your financial planning. This article will further explore how health issues can impact your finances and investments that can help you target health-related expenses. What is health or medical financial planning? Here are some options: 1.

Financial Planning

Financial Planning Planning Medical Healthcare

REWORK: The Importance Of Life Insurance For Your Finances

Clever Girl Finance

JANUARY 4, 2024

All scenarios I don’t want, and that’s why I recognize the importance of life insurance, in addition to my savings and investments, as a safety net. Make the process of getting life insurance simple The truth is life can be hard, and unexpected situations happen. What are 3 things life insurance covers?

Insurance

Insurance Retirement Medical Taxes

Strategic Advisory Letter | 2015 Year-End Planning Checklist

Brown Advisory

NOVEMBER 12, 2015

As 2015 comes to a close, we remind our clients and friends of how important it is take time to review new tax rules, consider tax-saving opportunities and review investment and asset-protection plans before year’s end. The Medicare tax on net investment income (the NII tax) imposes an additional 3.8% Thu, 11/12/2015 - 11:10.

Planning

Planning Taxes Distribution Medical

The Benefits Of Life Insurance: Evaluating Your Needs

Clever Girl Finance

MAY 15, 2024

In most cases, the advantages of life insurance outweigh the disadvantages—by a lot. Let’s take a closer look at the distinct benefits of life insurance. Help protect your loved ones Life insurance is an important part of your estate planning checklist. When you pass, your beneficiaries pay off the house.

Insurance

Insurance Budgeting Taxes Medical

6 Financial Planning Mistakes Physicians Make

WiserAdvisor

JULY 3, 2023

It can require a deep understanding of personal finance, investment strategies, tax implications, and more. A financial advisor can help you understand the intricacies of financial planning for physicians. The high-income structures can be misleading and make one think they need not be diligent with their savings and investments.

Financial Planning

Financial Planning Planning Financial Advisor Medical

The Importance Of Life Insurance For Your Finances

Clever Girl Finance

JANUARY 4, 2024

All scenarios I don’t want, and that’s why I recognize the importance of life insurance, in addition to my savings and investments, as a safety net. Make the process of getting life insurance simple The truth is life can be hard, and unexpected situations happen. What are 3 things life insurance covers?

Insurance

Insurance Retirement Medical Taxes

Retirement Planning Tips: How Much an Average Person 65 and Older Spends Every Month

WiserAdvisor

JANUARY 16, 2024

Beyond retirement, 401(k) plans can play a crucial role in estate planning, too. Tip 3: Avoid emotional investing to avoid pitfalls Investors’ sentiments tend to sway with market cycles. The importance of avoiding emotional investing to secure a stable financial future cannot be stressed enough.

Retirement Planning

Retirement Planning Retirement Planning Financial Advisor

Financial Advisor Source

What High-Net-Worth Prospects (Really) Want From A Financial Advisor

One-time and Ongoing Services to Offer Under the Fee-for-Service Model

Webinars

Trending Sources

11 Financial Tips for Starting a Family

Webinars

The 5 Pillars of Retirement Planning You Should Be Aware of

Year-End Financial Checklist

Financial Planning That Helps Clients Weather Disasters

How Will My Financial Plan Change Over the Course of My Life?

4 Pitfalls of Not Having a Financial Plan

Ten Steps To Creating A Solid Financial Plan For Yourself

7 Types Of Financial Emergencies And How To Be Prepared

Serving Clients at All Stages of the Financial Planning Lifecycle Effectively and Efficiently

Sound Strategies for Crafting Your Retirement Investment Portfolio

Taking Control of Your Finances: Why Financial Planning Matters

12 Steps To Creating A Solid Financial Plan For Yourself

Protecting What’s Yours (After You Pass)

Protecting What’s Yours (After You Pass)

The Money Tasks You’re Avoiding And How To Make Progress (Part 1)

5 Tips to Build an Investment Portfolio for Retirement

The Battle of Advice: ChatGPT vs. a Financial Advisor on Retirement Planning

6 Financial New Year’s Resolutions for 2023

How To Start A New Chapter In Life (It’s OK To Start Over!)

Why do Physicians Need Financial Advisors and How to Find Them

How Your Health Should Factor Into Your Financial Planning

REWORK: The Importance Of Life Insurance For Your Finances

Strategic Advisory Letter | 2015 Year-End Planning Checklist

The Benefits Of Life Insurance: Evaluating Your Needs

6 Financial Planning Mistakes Physicians Make

The Importance Of Life Insurance For Your Finances

Retirement Planning Tips: How Much an Average Person 65 and Older Spends Every Month

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