XY Planning Network

AUGUST 17, 2023

As fee-only planners, you dedicate your lives to your client’s financial well-being. A well-known piece of firm owner advice is to “put your clients first” when growing the business. And they’re right. Your clients are—and should be—the heart of your practice.

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Fee Only Clients Financial Advisor Financial Planning 75

Nerd's Eye View

SEPTEMBER 13, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the SEC this week fined 4 RIAs for violations of its marketing rule related to their claims that they offered 'conflict-free' financial advice.

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Yardley Wealth Management

MAY 30, 2023

The post What’s a Fiduciary & Fee-Only Advisor? What’s a Fiduciary & Fee-Only Advisor? A fiduciary and fee-only advisor is an expert who acts in your best interest and only charges a fee for their services. What is a Fee-Only Advisor? What is a Fiduciary?

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Fee Only Risk Tolerance Ethics Retirement Planning 52

Nerd's Eye View

NOVEMBER 28, 2024

Others may align with broader industry trends, like transitioning to fee-only structures to buffer against market volatility. Still others may choose a hybrid model, combining AUM fees with additional charges for other services like tax planning.

Clients 246

Clients Financial Planner Fee Only Financial Planning 246

Nerd's Eye View

DECEMBER 12, 2023

Christa is the Managing Director of Financial Planning and Business Development at Sebold Capital, a fee-only RIA based in Chicago, Illinois, which manages $300M across more than 100 client households. Welcome back to the 363rd episode of the Financial Advisor Success Podcast! My guest on today's podcast is Christa Madison.

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Financial Advisor Fee Only Financial Guidance Insurance 246

Nerd's Eye View

NOVEMBER 1, 2022

Welcome back to the 305th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Mindy Crary.

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Fee Only Clients Financial Planning Financial Advisor 130

Advisor Perspectives

APRIL 2, 2024

If you’re seeking greater flexibility, transparency, and even more ways to serve your clients, it’s time to start exploring the advantages of a being a fee-only advisor. Discover key insights to consider before embarking on this transition journey and explore the three distinct paths available for operating as an RIA.

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Nerd's Eye View

NOVEMBER 28, 2022

From advisors who earn commissions from the sales of financial products to fee-only investment advisors who charge based on client assets under management, the value advisors provide to their clients has often been centered on investment management.

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Clients Fee Only Planning Advertising 246

Nerd's Eye View

NOVEMBER 28, 2022

From advisors who earn commissions from the sales of financial products to fee-only investment advisors who charge based on client assets under management, the value advisors provide to their clients has often been centered on investment management.

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XY Planning Network

AUGUST 17, 2023

As fee-only planners, you dedicate your lives to your client’s financial well-being. A well-known piece of firm owner advice is to “put your clients first” when growing the business. And they’re right. Your clients are—and should be—the heart of your practice.

Fee Only 52

Fee Only Clients Financial Advisor Financial Planning 52

XY Planning Network

JULY 25, 2022

With regulatory changes driving advisors to rein in their fees along with clients yearning for more holistic fiduciary advice, it’s becoming increasingly imperative that entrepreneurial-minded advisors are focused on building firms that ensure their interests align with their clients’. 4 MIN READ.

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Fee Only Financial Advice Clients Financial Planning 70

The Chicago Financial Planner

FEBRUARY 2, 2024

Fee-only advisors receive no compensation from the sale of investment or insurance products. A part of this process might include hiring a financial advisor or hiring a new financial advisor if you have decided to move on from your current advisor. Hiring the right advisor for your needs is critical.

Financial Advisor 249

Financial Advisor Financial Planner Fee Only Clients 249

Nerd's Eye View

APRIL 5, 2024

Also in industry news this week: The SEC has penalized 2 firms for false and misleading claims related to their use of Artificial Intelligence (AI), signaling the regulator's interest in advisers' "AI-washing" practices A research report suggests that fee-only RIAs with strong organic growth and enhanced service offerings for their clients are likely (..)

Financial Planner 246

Financial Planner Fee Only Clients Investments 246

Nerd's Eye View

FEBRUARY 16, 2024

Which suggests that while advisors might be hesitant to publish their fees on their website before being able to meet face-to-face with prospects, doing so (and linking the fees to the value proposition they offer their ideal clients) could help certain consumers overcome their reluctance and start the process to becoming clients!

Financial Planner 246

Financial Planner Fee Only Compliance CFP 246

Nerd's Eye View

FEBRUARY 9, 2024

Also in industry news this week: A recent study finds that having a defined marketing strategy is a linchpin of marketing success, as advisors with a defined strategy were more likely to have seen an increase in inbound leads during the past 12 months and have more confidence in meeting their practice goals during the coming year than those without (..)

Financial Planner 246

Financial Planner Fee Only CFP Commission 246

XY Planning Network

JULY 18, 2022

6 MIN READ. Although seemingly obvious, it’s worth saying—a firm isn’t a firm without clients. It can be tempting to think of your marketing activities as aside from your actual firm and what it is you do day to day.

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Fee Only Marketing Marketing Communication 73

Nerd's Eye View

JANUARY 20, 2023

Read More.

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Financial Planner Financial Advice Fee Only Financial Planning 246

Wealth Management

FEBRUARY 6, 2024

Ryan Poterack shuttered his own RIA to join Private Advisor Group’s, as part of the firm’s growing cohort of fee-only advisors.

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Fee Only 119

Leading Advisor

MARCH 20, 2024

Banning commissions related to financial products and services has been on the horizon for decades, and Fee-Based Fee-Only is inevitable. The Challenge with Transitioning from… The post The Ultimate Mindset and Script to Seamlessly Transition to Fee-Based Fee-Only appeared first on Leading Advisor - Simon Reilly.

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Fee Only Commission Financial Advisor 40

Inside Information

JULY 25, 2024

My subscription service is paid for by the user, just like fee-only advisors are paid by their clients. Are there free insights and ideas and in-depth reporting on important topics that I’m somehow missing? And then I realized what is the point of this rant.

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Fee Only Commission Recruitment Advertising 40

Nerd's Eye View

JANUARY 12, 2023

And while providing fee-only advice or highlighting service as a fiduciary may have once been a fair differentiator, these services are now often considered table stakes, necessitating financial advisors to find more creative solutions that show current and prospective clients that they provide more value than other advisors.

Clients 244

Clients Communication Fee Only Financial Advisor 244

Nerd's Eye View

AUGUST 15, 2022

But while new fee models have allowed fee-only advisors to reach an expanding range of potential clients, there are many Americans who could benefit from professional financial advice but might not have sufficient income or assets to pay for it.

Clients 240

Clients Financial Advice Financial Planning Planning 240

Nerd's Eye View

OCTOBER 16, 2023

Which led many firms to market all the ways they were 'better' than other sources of financial advice by highlighting their status as fiduciaries, fee-only advisors, or by offering (more) comprehensive financial planning services beyond investment management, as just a few examples.

Financial Planning 246

Financial Planning Marketing Marketing Financial Advice 246

Nerd's Eye View

OCTOBER 24, 2023

Sarah-Catherine is the founder of Aptus Financial, a fee-only financial planning firm based in Little Rock, Arkansas, that is approaching $2M in revenue and works with over 480 client households. Welcome to the 356th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Sarah-Catherine Gutierrez.

Financial Advisor 246

Financial Advisor Financial Planning Planning Clients 246

Nerd's Eye View

AUGUST 15, 2022

But while new fee models have allowed fee-only advisors to reach an expanding range of potential clients, there are many Americans who could benefit from professional financial advice but might not have sufficient income or assets to pay for it.

Clients 227

Clients Financial Advice Financial Planning Planning 227

Nerd's Eye View

OCTOBER 30, 2024

However, in a landscape where the number of fee-only, fiduciary advisory firms has grown – making "commission-free" less of a differentiator for any one firm – it's worth questioning whether it makes sense for firms to describe themselves in terms of their relative lack of conflicts of interest at all.

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Advertising Commission Marketing Marketing 246

XY Planning Network

JANUARY 29, 2024

And since keeping clean books that can survive any audit threat is our specialty, we’ve collected the most common 1099 questions fee-only advisors have had for us.

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Fee Only Taxes Financial Advisor 88

Nerd's Eye View

JULY 26, 2022

In this episode, we talk in-depth about how after working for years in the financial industry, Amy realized there was a missed opportunity in working with career-driven Gen X women like her and decided to focus on serving that type of clientele she knew so well, how the initial fear of launching a firm on her own initially led Amy to partner with another (..)

Financial Planner 246

Financial Planner Management Planning Financial Advisor 246

Nerd's Eye View

MAY 21, 2024

, and the reason that Dann's firm has continued to stick with an AUM fee model despite an increasingly financial-planning-centric service offering.

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Clients Fee Only Financial Planning Financial Advisor 130

Abnormal Returns

SEPTEMBER 30, 2024

wealthmanagement.com) Advisers 7 more lessons from building an fee-only RIA from scratch. (kitces.com) Tax strategies if the TCJA expires in 2026. flowfp.com) Don't let the potential for estate law changes be an excuse to not do estate planning. kitces.com) A Q&A with Barry Mulholland about attracting new planners to the industry.

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Financial Advice Fee Only Estate Planning Taxes 130

Wealth Management

JULY 5, 2023

The membership organization for fee-only advisors will now allow for a de minimis amount of commission business, as long as it's relinquished.

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Commission Fee Only 105

Nerd's Eye View

SEPTEMBER 19, 2023

In this episode, we talk in-depth about how Jessica leveraged her investment banking experience in wealth management mergers and acquisitions to build her own business where she could provide more independent M&A advice, why and how Jessica developed her flat-fee advice model for mergers and acquisitions to, similar to the evolution of fee-only (..)

Financial Advisor 237

Financial Advisor Fee Only Sales Clients 237

Nerd's Eye View

JUNE 4, 2024

We also talk about how Freeman has been able to turbocharge growth in his RIA, going from $7 million to now approaching $50 million in AUM in under 4 years, by using a local SEO strategy that emphasizes their status as one of the only fee-only fiduciary firms in their geographic area, why Freeman created 3 different websites targeted at the separate (..)

Fee Only 130

Fee Only Financial Advisor Clients Estate Planning 130

Nerd's Eye View

JUNE 4, 2024

We also talk about how Freeman has been able to turbocharge growth in his RIA, going from $7 million to now approaching $50 million in AUM in under 4 years, by using a local SEO strategy that emphasizes their status as one of the only fee-only fiduciary firms in their geographic area, why Freeman created 3 different websites targeted at the separate (..)

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Fee Only Financial Advisor Clients Estate Planning 130

XY Planning Network

NOVEMBER 6, 2023

Each piece of information is tracked year-over-year to show trends and provide fee-only financial planning firm owners with key metrics which they can measure their own businesses against. The survey focuses on revenue and expenses, client services, sources of clients/business, and pricing.

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Fee Only Financial Planning Planning Clients 95

XY Planning Network

JANUARY 22, 2024

So how does a fee-only financial advisor (who probably prefers financial planning to marketing) go about creating and implementing higher-impact RIA marketing strategies?

Financial Planning 86

Financial Planning Fee Only Planning Engineering 86

Advisor Perspectives

JANUARY 17, 2023

As a financial coach whose mission is to talk fee-only advisors “off the fence” of procrastination, I frequently answer two questions.

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Fee Only Clients 98