Abnormal Returns

SEPTEMBER 30, 2024

Podcasts Michael Kitces talks with Ann Garcia, partner of Independent Progressive Advisors, about planning for mid-work professionals. kitces.com) Dan Haylett talks with George Kinder author of "The Three Domains of Freedom." humansvsretirement.com) Bogumil Baranowski talks with Dan Solin, author of "Ask: How to Relate to Anyone."

Financial Advice 130

Financial Advice Fee Only Estate Planning Taxes 130

Nerd's Eye View

JUNE 24, 2024

The requirements to run a successful, growing advisory firm are often less about doing the technical work with clients and more about marketing value to get prospects in the door in the first place.

Financial Advice 190

Financial Advice Clients Financial Planning Planning 190

Nerd's Eye View

NOVEMBER 27, 2023

One of the main goals of financial advisors who market themselves is to build a foundation of trust with their prospective clients so that they feel comfortable in discussing often-sensitive financial topics and ultimately acting on the advisor's recommendations.

Distribution 246

Distribution Financial Advice Clients Financial Advisor 246

A Wealth of Common Sense

SEPTEMBER 21, 2022

Kanye West went on CNBC last week to discuss why he terminated his contract with the Gap: We’re only getting one side of the story here so it’s difficult to tell exactly what caused the rift here but Kanye is sure there is only one person who could have fixed the struggling retailer. ” He was referring to himself, of course.

Financial Advice 142

Financial Advice Retail 142

Wealth Management

MARCH 3, 2023

Financial advice delivered too early—or worse, too late—can have the opposite effect of its intention, says Bento Engine's Philipp Hecker

Financial Advice 103

Financial Advice Engineering 103

Nerd's Eye View

SEPTEMBER 26, 2022

Accordingly, advisor licensing could mean establishing a requirement involving a professional designation like the CFP certification for those who provide financial advice.

Financial Advice 130

Financial Advice Financial Planner License Financial Advisor 130

Nerd's Eye View

NOVEMBER 18, 2024

The possibilities at the intersection of AI and financial advice are exciting – faster processes, better connections, less time on ‘busy work’ – but also come with uncertainty about the future of the field. What might the field of financial advice even look like in 10 years?

Financial Advice 246

Financial Advice Clients Portfolio Marketing 246

Abnormal Returns

DECEMBER 31, 2023

morningstar.com) Six lessons learned from 20 years in the business of financial advice. (blakebmillard.substack.com) 10 questions for 204 including 'What happens to all the cash on the sidelines?' awealthofcommonsense.com) Putting an estimate on long term equity market returns.

Financial Advice 298

Financial Advice Investments Investing Marketing 298

Wealth Management

OCTOBER 31, 2024

Q&A with Orion Advisor Solutions Chief Behavioral Officer Dr. Daniel Crosby.

Financial Advice 115

Financial Advice 115

The Reformed Broker

FEBRUARY 26, 2023

He’s in his early twenties and knows less than nothing about stocks, bonds, mutual funds, investing, the economy, financial advice or anything else germane to the profession. Act I Our hero Josh Brown spends a decade working at a succession of third-tier brokerage firms on Long Island and in New York City.

Financial Advice 294

Financial Advice Economy Investing Investments 294

A Wealth of Common Sense

NOVEMBER 1, 2024

Paul Tudor Jones made some waves last week on a CNBC interview: He’s worried government spending and deficit levels are going to lead to a crisis: “The question is after this election will we have a Minsky moment here in the United States and U.S. debt markets?”

Financial Advice 145

Financial Advice Management Government Assets 145

MainStreet Financial Planning

FEBRUARY 1, 2024

Planning for college Taking a gap year Relocating to another state or country Retirement income planning And so much more In embracing the Garrett Planning Network model, clients gain not just financial advice, but a partnership built on trust, transparency, and a commitment to their financial well-being.

Financial Advice 86

Financial Advice Planning Fee Only Financial Planning 86

Abnormal Returns

MAY 13, 2024

papers.ssrn.com) Advisers There is an tension inherent in the practice of financial advice. investmentecosystem.com) Reflections on eight years of running a financial planning practice. (investmentnews.com) Research The problematic math of passing down generational wealth.

Math 288

Math Retirement Planning Financial Advice Retirement 288

Abnormal Returns

MARCH 13, 2024

morningstar.com) Should financial advice be gentle or authoritarian? tonyisola.com) The best financial advisor for you may not be local. (mr-stingy.com) How shipping offerings from Amazon, Target, and Walmart compare. wsj.com) Personal finance Higher interest rates have upended the mortgage paydown decision.

Financial Advice 306

Financial Advice Retirement Financial Advisor Financial Planning 306

Abnormal Returns

DECEMBER 25, 2023

wealthmanagement.com) Advisers Six lessons learned from 20 years in the business of financial advice. (investmentnews.com) Startup Arch wants to build a better private capital markets workflow. riabiz.com) MSCI ($MSCI) is buying Fabric Risk. blairbellecurve.com) Former Schwab ($SCHW) employees are finding a home at RIAs.

Financial Advising 290

Financial Advising Startup Commission Financial Advice 290

Abnormal Returns

DECEMBER 4, 2023

standarddeviationspod.com) Brendan Frazier on getting clients to actually implement your advice. podcasts.apple.com) The biz Software is eating financial advice. thereformedbroker.com) How financial advisers can publish their own book. riabiz.com) Demand for financial advice is only increasing.

Wealth Management 258

Wealth Management Financial Advice Financial Advising Communication 258

Abnormal Returns

SEPTEMBER 18, 2023

Podcasts Daniel Crosby talks with Michael Kitces about automation and the future of financial advice. kitces.com) Brendan Frazier talks with Samantha Lamas and Danielle Labotka about why clients hire and fire their financial advisers. smokestack.beehiiv.com) The first rule of financial advice is 'do no harm.'

Planning 265

Planning Financial Advice Wealth Management Math 265

Wealth Management

NOVEMBER 3, 2023

This is a pivotal moment in this ever-changing landscape, requiring advisors to weigh the benefits against the drawbacks and make informed decisions about their future path.

Financial Advice 119

Financial Advice 119

Abnormal Returns

OCTOBER 7, 2024

advisorservices.schwab.com) Advisers More people say they are willing to pay for financial advice. (riabiz.com) The Schwab Independent Advisor Outlook Study 2024 on the importance of technology decisions. citywire.com) How to help clients understand the state of Social Security. kitces.com) How to choose a name for your practice.

Compliance 290

Compliance Wealth Management Financial Advice Government 290

Nerd's Eye View

NOVEMBER 29, 2024

Which could prove to be a boon for the financial advice industry as more consumers are willing to entrust their assets to an advisor (while at the same time possibly making it tougher for some advisors to differentiate themselves primarily by how they put their clients' interests first?).

Financial Planner 246

Financial Planner Financial Advice Retirement Financial Advisor 246

Wealth Management

JUNE 16, 2023

Proactive engagement reflects a commitment to comprehensive financial wellness, creating a meaningful and long-lasting impact on clients’ lives.

Financial Advice 122

Financial Advice Clients 122

Nerd's Eye View

JANUARY 25, 2024

Few service industries have as much potential to impact lives as financial advice, and it's that very ability for financial advicers to help their clients achieve positive outcomes that can often compound for decades and beyond that make the profession deeply satisfying for so many.

Financial Advice 246

Financial Advice Clients Financial Planning Numbers 246

Nerd's Eye View

OCTOBER 23, 2024

While the financial advice industry has transformed in many ways over the past several decades, one aspect that has remained relatively constant is the use of the Assets Under Management (AUM) fee model as a common way for many advisors to get paid.

Clients 246

Clients Financial Advice Financial Planning Financial Advisor 246

Nerd's Eye View

JULY 17, 2023

has increasingly made financial services products available directly to consumers, financial advisors have focused more and more on the business of financial advice itself. But as technology (in particular, the internet!)

Ethics 244

Ethics Financial Advice CFP Financial Advisor 244

Abnormal Returns

JANUARY 15, 2024

riabiz.com) Why women are still struggling to make progress in the world of financial advice. (kitces.com) Thomas Kopelman and Jacob Turner talk Roth IRA conversions with Steven Jarvis. podcasts.apple.com) Hiring RIAs need to think more broadly when it comes to hiring.

Financial Planner 279

Financial Planner Wealth Management Retirement Planning Financial Advising 279

Abnormal Returns

SEPTEMBER 30, 2024

axios.com) Earlier on Abnormal Returns Adviser links: AI-assisted financial advice. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? (awfulannouncing.com) Economy Is election uncertainty holding back the economy? ft.com) Immigration is making it harder to gauge the labor economy.

Financial Advising 265

Financial Advising Financial Advice Economy Media 265

Abnormal Returns

SEPTEMBER 9, 2024

youtube.com) Brendan Frazier talks with Michael Kitces about mastering the human side of financial advice. (kitces.com) Dave Zoller talks with Brian Portnoy about the essential skills of the best advisers. podcasts.apple.com) Daniel Crosby talks with Emily Blue, co-founder of Hue Partners, about the M&A process.

Financial Planner 277

Financial Planner Estate Planning CFP Financial Advice 277

Nerd's Eye View

MARCH 27, 2023

Accordingly, promoting the brand of the CFP marks to the public can be a good way for advisors to boost their own personal brands in the minds of consumers, and at the same time serve to promote recognition of CFP certification more broadly as a sign of high-quality financial advice (and supporting CFP Board’s own publicity efforts).

CFP 246

CFP Clients Certification Financial Advice 246

Wealth Management

JULY 25, 2024

The research survey also found that this audience said it was more likely to follow advice from a human than computer-generated recommendations.

Financial Advice 111

Financial Advice 111

Nerd's Eye View

OCTOBER 27, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the shift in financial advice from pure investment management to comprehensive financial planning continues, with more individuals becoming CFP professionals than CFAs in the past few years as consumers increasing the diversity (..)

Financial Planner 246

Financial Planner Financial Advice Financial Advisor Tax Planning 246

Abnormal Returns

FEBRUARY 19, 2024

downtownjoshbrown.com) How indexing has made for a better financial advice industry. (washingtonpost.com) Daniel Crosby offers another sneak preview of an essay from his upcoming book, "The Soul of Wealth." standarddeviationspod.com) Trends The wealth management industry is going to be slammed with demand.

Clients 280

Clients Estate Planning Wealth Management Financial Advice 280

Abnormal Returns

AUGUST 26, 2024

riabiz.com) How AI could be deployed in financial advice. (kitces.com) The pleasures of going from investment FOMO to JOMO. advisorperspectives.com) What does it mean to be a robo-advisor anymore? riaintel.com) Why Ryan Eisenman co-founded alternative asset data provider Arch. citywire.com)

Taxes 264

Taxes Financial Advising Financial Advice Planning 264

Abnormal Returns

OCTOBER 16, 2023

wiredplanning.com) Daniel Crosby talks with Matt Reiner partner at Capital Investment Advisors about the future of financial advice. Podcasts Brendan Frazier talks with Meghaan Lurtz about re-engaging with existing clients. standarddeviationspod.com) M&A Are smaller RIAs at risk because of national, full-service firms?

Compliance 263

Compliance Financial Planner Financial Advice Investment Advisor 263

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. Read More.

Clients 237

Clients Financial Advice Financial Planning Planning 237

Abnormal Returns

NOVEMBER 7, 2022

standarddeviationspod.com) Compliance Jason Zweig, "In 30 years of writing about the financial-advice industry, I never learned that advisers can provide less-comprehensive disclosures than stockbrokers." (kitces.com) Daniel Crosby talks with Kurt Brown, CEO and CIO, of TownSquare Capital.

Compliance 280

Compliance Wealth Management Advertising Financial Advice 280

Nerd's Eye View

JANUARY 20, 2023

Also in industry news this week: While the number of RIA M&A deals increased in 2022, the size of these deals declined, perhaps reflecting challenging market and economic headwinds A recent survey suggests that nearly half of financial advisory clients have changed advisors or have considered doing so since the start of the pandemic and that portfolio (..)

Financial Planner 246

Financial Planner Financial Advice Fee Only Financial Planning 246

Abnormal Returns

OCTOBER 30, 2023

(podcasts.apple.com) Michael Kitces talks with Sarah-Catherine Gutierrez, founder of Aptus Financial, about operating as a flat-fee advice-only firm. riaintel.com) How AI will play a role in the provision of financial advice. kitces.com) AI How recommendation engines could work in wealth management.

Wealth Management 264

Wealth Management Retirement Planning Financial Advising Financial Advice 264