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

Sara Grillo

OCTOBER 21, 2022

There are better options than entering a predatory insurance or wirehouse training program and crossing your fingers (which is an AWFUL idea, by the way). Fee-only advisor – This is an advisor that does not charge commissions and hence is believed to be more aligned with the client’s best interests.

Insurance 98

Insurance Financial Planner Fee Only Financial Advisor 98

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

Walkner Condon Financial Advisors

APRIL 17, 2023

Fee-Only financial advisors and firms receive no sales-related compensation or incentives. They are compensated only by the fee the client pays. This can include mutual funds, insurance policies, annuities, and other financial products. Fee-based advisors are where it can get complicated.

Fee Only 52

Fee Only Financial Advisor Certified Financial Planner Commission 52

Nerd's Eye View

SEPTEMBER 10, 2024

So, whether you're interested in learning about how serving a niche can help a newer advisor gain credibility with clients, using a podcast to generate new client leads, or how to profitably transition from a broker-dealer platform to the RIA model, then we hope you enjoy this episode of the Financial Advisor Success podcast, with John Mason.

Financial Advisor 130

Financial Advisor Clients Fee Only Planning 130

Your Richest Life

MARCH 31, 2023

Typically, the FDIC insures a bank balance of up to $250,000. So the FDIC guaranteed both insured and uninsured deposits, because not doing so presented a threat to the U.S. It might sound scary, but this is an opportunity for everyone to familiarize themselves with FDIC insurance and the importance of diversification.

Banking 105

Banking Insurance Accounting Fee Only 105

Ron A. Rhodes

JANUARY 6, 2024

The insurance lobby is against the imposition of the fiduciary standard by the DOL, as it will lower the excessive commissions often paid on the sale of Fixed Index Annuities…

Insurance 67

Insurance Commission Sales Fee Only 67

Your Richest Life

FEBRUARY 24, 2025

The cost increase last month affected expenses like car insurance, airfare, medicine and groceries. Managing Investments During a Financial Crisis About Your Richest Life At Your Richest Life, Katie Brewer, CFP, believes you too should have access to financial resources and fee-only financial planning.

Financial Market 52

Financial Market Marketing Marketing Medicine 52

Nerd's Eye View

SEPTEMBER 3, 2024

In this episode, we talk in-depth about how Zack views fiduciary financial wellness to 401(k) plan participants as a 3-tiered offering consisting of education, one-on-one advice, and implementation support, how Zack's firm is able to generate incredibly strong email open rates of 75%–90%, and click-through rates of 40%–50%, on the (hyper-targeted) (..)

Financial Planning 130

Financial Planning Planning Retirement Planning Financial Advisor 130

Your Richest Life

OCTOBER 1, 2022

Have the Appropriate Insurance. Homeowners insurance covers many disasters, but it doesn’t always cover everything. Make sure you know what your insurance policy covers, as well as what it doesn’t. Insurance policies. Keep these photos somewhere secure, and make sure you have both physical and digital copies. .

Food 104

Food Insurance Certification Fee Only 104

Your Richest Life

NOVEMBER 26, 2024

There are several benefits that come along with working a bit longer, like continued insurance benefits, socialization, mental stimulation and increased retirement savings. These numbers show that retirement is becoming a more fluid concept, with many people opting for a “second act” career, side gig or part time work.

Retirement 52

Retirement Planning Fee Only Financial Planning 52

MainStreet Financial Planning

FEBRUARY 1, 2024

During recent conversations, I’ve come across several people unfamiliar with the concept of fee-only financial planning, let alone considering it as a feasible choice. To shed light on this, I want to articulate the distinctive approach we use at MainStreet Financial Planning.

Financial Advice 98

Financial Advice Planning Fee Only Financial Planning 98

MainStreet Financial Planning

OCTOBER 3, 2023

Reach out for support from a financial coach or fee-only financial planner can also be helpful. Here are a few resources: Garrett Planning Network for help on a flat-fee or hourly basis. Health, dental, and vision insurance are helpful to cover unexpected health related expenses.

Estate Planning 98

Estate Planning Financial Planner Insurance Retirement 98

Walkner Condon Financial Advisors

NOVEMBER 11, 2022

Marriages, divorces, children growing from minors to adults, and individuals passing away all represent significant events and will likely warrant changes to the beneficiaries listed on our retirement accounts, life insurance, and estate plans. Insurance Amounts . ABOUT THE AUTHOR. NATE CONDON. FINANCIAL ADVISOR.

Insurance Coverage 98

Insurance Coverage Retirement Planning Financial Advisor Taxes 98

Walkner Condon Financial Advisors

APRIL 21, 2023

What does it mean to be a Fee-Only financial advisor ? Fee-Only financial advisors and firms receive no sales-related compensation or incentives. They are compensated only by the fee the client pays. This can include mutual funds, insurance policies, annuities, and other financial products.

Certified Financial Planner 52

Certified Financial Planner Financial Advisor Fee Only Financial Planner 52

Your Richest Life

JANUARY 4, 2023

It’s meant to be a sort of insurance policy, so that even if an expensive surprise pops up, you won’t have to go into debt to cover it. . At Your Richest Life, Katie Brewer, CFP®, believes you too should have access to financial resources and fee-only financial planning. About Your Richest Life.

Accounting 105

Accounting Fee Only Financial Planning CFP 105

Your Richest Life

JUNE 3, 2024

Check Over retirement savings plans and health insurance Open enrollment begins in the fall, so you can use the summer to assess your benefits and make sure they’re working for you. Review your health insurance spending and retirement savings for the year, and make note of any major life changes this year.

Budgeting 97

Budgeting Taxes CFP Retirement 97

Walkner Condon Financial Advisors

FEBRUARY 28, 2023

Pros: Liquid FDIC insured up to $250k Cons: The highest interest rates may require astronomical balances, and even then you likely can get a higher rate with an online savings account with no (or much lower) minimums. This is arguably a better option for your cash compared to sticking it under your mattress, but that’s not saying much.

Accounting 98

Accounting Banking Certification Financial Advisor 98

Your Richest Life

OCTOBER 15, 2022

Health insurance is often the focus of open enrollment, but don’t forget about the other important benefits offered, like: Health Savings Account (HSA) – HSAs are savings accounts funded with pre-tax contributions. Disability insurance – Disability insurance is a frequently forgotten but very important benefit.

Insurance 52

Insurance Medical Accounting Taxes 52

Your Richest Life

OCTOBER 15, 2024

If your employer opts for a new insurance company, for example, that could change everything from your deductible and copays to covered providers and services. Review Your Benefits: Know Your Insurance and Healthcare Needs Your company may offer several different insurance policies.

Insurance 52

Insurance Healthcare Retirement Accounting 52

Your Richest Life

FEBRUARY 15, 2022

Get Trip Insurance. In the past, I’ve said that trip insurance was an unnecessary expense. It could be wise to opt for the travel insurance right now, while everything is in recovery mode. At Your Richest Life, Katie Brewer, CFP®, believes you too should have access to financial resources and fee-only financial planning.

Financial Planning 52

Financial Planning Planning Insurance Fee Only 52

WiserAdvisor

AUGUST 18, 2023

Below are the different types of financial advisors you can choose from based on their fee model: 1. Fee-only financial advisors Average cost: $200 to $400 an hour/ $1,000 to $3,000 per plan/ 1.18% to 0.59% of AUM Fee-only financial advisors are professionals who do not receive commissions from selling financial products.

Financial Advisor 52

Financial Advisor Commission Fee Only Financial Planning 52

International College of Financial Planning

AUGUST 2, 2021

The simplest definition of the role of a financial advisor would of that of a person who helps individuals, families, and organizations make decisions related to their investments, taxes, insurance planning, retirement planning, estate planning, and money management. Insurance Companies. Banks & NBFCs. Brokerage Firms.

Financial Advisor 52

Financial Advisor Certified Financial Planner Certification Fee Only 52

Truemind Capital

JANUARY 25, 2024

Sports and film celebrities who are masters of their respective skills endorse insurance, investment products, and yes cryptocurrencies as well to their followers who lap them up. Elon Musk is a brilliant engineer and a businessman but his followers also take his advice on cryptos. from all the available options.

Fee Only 52

Fee Only Certification Consulting Financial Advice 52

Your Richest Life

JULY 17, 2024

Money lesson #9:Plan for rainy days – Things like emergency funds and insurance policies might not be the most fun way to spend your money, but they are incredibly important. That’s why it’s vital to have a healthy emergency fund, plus disability and life insurance policies to protect you when you need it.

Financial Planner 59

Financial Planner Estate Planning Financial Planning Financial Advice 59

Ron A. Rhodes

DECEMBER 13, 2023

It is possible that all commission-based compensation involving the sale of investment products, life insurance products, and annuities could be eliminated. And it would be right and just to do…

Commission 59

Commission Insurance Sales Investments 59

Carson Wealth

AUGUST 28, 2022

Agents of an insurance company . Registered Representatives of a Broker/Dealer Firm or Agents of an Insurance Company . Financial advisors who are registered representatives of a broker/dealer or agents of an insurance company are paid differently. Advisors who are dual registered often use the term “fee-based.” .

Financial Advisor 52

Financial Advisor Commission Insurance Financial Planning 52

Sara Grillo

NOVEMBER 14, 2022

In today’s show we’re going to be debating a variety of topics related to the retirement crisis in America, the role that financial advisors and insurance agents play, and how to harmonize the two together (if even possible, lol). He is a flat fee advisor; not a licensed insurance agent. The insurance policies will lapse.

Insurance 59

Insurance Retirement Financial Advisor License 59

eMoney Advisor

MARCH 16, 2023

When I started Vincere Wealth as a fee-only practice, the vision was to become the go-to place for Millennials who need help with their money. Tax and insurance advice was also somewhat constrained. I knew these clients were being overlooked.

Financial Planning 88

Financial Planning Planning Clients Retirement 88

WiserAdvisor

AUGUST 3, 2023

A reputable financial advisor should provide a comprehensive range of services, including budgeting, debt management, insurance optimization, tax planning, retirement planning, estate planning, and investment management. Here’s how different types of fee models work in comparison to the 1 percent fee structure: 1.

Financial Advisor 52

Financial Advisor Retirement Planning Fee Only Retirement 52

Sara Grillo

MAY 9, 2022

Wall Street has engineered this term “direct indexing” to capture the attention of fee only advisors who are obsessed with John Bogle. You may wind up with way more tax losses than you need, and you can only apply a small amount of the loss to each year’s taxes – the rest you have to carry forward. #3

Portfolio 72

Portfolio Clients Financial Advisor Taxes 72

Truemind Capital

JANUARY 24, 2024

The only case for investing in an HF is in balanced advantage funds (which have wider ranges for equity allocation across market cycles) when you are too busy and do not have a reliable fee-only investment advisor to help you with asset allocation and are content with mediocre returns.

Asset Allocation 52

Asset Allocation Fee Only Assets Taxes 52

Sara Grillo

JANUARY 8, 2024

I’ve got Zack Hubbard , the director of financial planning and participant engagement at Greenspring Advisors, a fee only RIA. Nothing in these materials may be construed as an investment, insurance, or financial recommendation. While financial planning has become more popular, it’s still not center stage for most advisors.

Financial Planning 64

Financial Planning Accounting Planning Financial Advisor 64

Sara Grillo

JULY 10, 2023

He asked for help and found a support community Right now Thomas is a fee-only fiduciary financial advisor. He stumbled across a man named Russ Ford who was a fee-only flat fee advisor, and he liked the message. But when he started out, he was working for a broker-dealer firm that charged commissions.

Financial Advisor 72

Financial Advisor Media Communication Fee Only 72

Inside Information

FEBRUARY 27, 2023

The leading tip of the spear was the first fee-only financial planners, who publicly and even defiantly sat on the same side of the table with their clients. The whole idea of turning financial customers into clients was invented in the fee-only financial planning world.

Financial Planner 40

Financial Planner Fee Only Financial Planning Insurance 40

Sara Grillo

AUGUST 14, 2023

The broker-dealer and insurance industries are still built around being opaque. Insurance is opaque. For example, there is nothing that says that an insurance agent’s recommendations can’t be made in the best interests of clients. Consumer Federation of America The ambiguity and the lack of clarity is detrimental.

Financial Advisor 52

Financial Advisor Fiduciary Duty Insurance Financial Advice 52

Sara Grillo

MAY 8, 2023

Indexed Universal Life (IUL) insurance is all too commonly sold by smoke-and-mirrors. Today I have one of the insurance “good guys”, one of the more knowledgeable people in the field, Bobby Samuelson , to shed some light on IUL. Okay…but what is Indexed Universal Life insurance? The policyholder pays a premium.

Insurance 59

Insurance Clients Financial Advisor Accounting 59