Nerd's Eye View

APRIL 15, 2025

based business and financial services conglomerate OneDigital to provide the financial backing and corporate connections to support PWL Capital in its next growth phase (including through acquisitions of its own with other like-minded firms in Canada). million U.S. million U.S.

Financial Advisor 130

Financial Advisor Financial Advice Planning Clients 130

Abnormal Returns

DECEMBER 25, 2024

morningstar.com) Investing Three easy ways to simplify your portfolio. morningstar.com) Boring is always appropriate when it comes to investing resolutions. wsj.com) Personal finance You need to put on your own (financial) oxygen mask first. nytimes.com) Be careful who you trust for financial advice.

Financial Advice 146

Financial Advice Retirement Taxes Insurance 146

Nerd's Eye View

NOVEMBER 14, 2024

As the financial advice industry began shifting from a sales-based model to a more sustainable asset management approach, advisors found their roles shifting along with it.

Financial Advice 246

Financial Advice Communication Sales Assets 246

Abnormal Returns

MARCH 31, 2025

wealthmanagement.com) Custody Dynasty Financial Partners has a custody agreement with Goldman Sachs ($GS). riabiz.com) Schwab and Fidelity are blocking investments in third party money market ETFs. wealthmanagement.com) There are three different flavors of PE investment.

Wealth Management 146

Wealth Management Financial Advice Portfolio Management Consulting 146

Nerd's Eye View

MARCH 28, 2025

Which suggests that, amidst ongoing debate over fiduciary-related regulations, an advisor's status as a fiduciary could both lead to greater client trust (both in their individual advisor relationship and perhaps in the financial advice industry as a whole) and, ultimately, higher client retention rates.

Financial Planner 228

Financial Planner Retirement Retirement Planning Clients 228

Nerd's Eye View

JUNE 12, 2024

For example, if an advisor recommends an investment that prioritizes the commission they would receive rather than any benefit the client would derive from it, they could incur fines and sanctions for violating their fiduciary duty as an advisor. Read More.

Fiduciary Duty 245

Fiduciary Duty Risk Tolerance Investments Investing 245

Nerd's Eye View

JANUARY 10, 2025

Also in industry news this week: A survey indicates that nearly 71% of new financial advisors drop out in the first 5 years, with firms offering better training and mentorship opportunities (as well as entry-level positions that don't come with business development targets) seeing higher employee retention rates How broker-dealer self-regulatory organization (..)

Financial Planner 189

Financial Planner Clients Financial Advice Numbers 189

Nerd's Eye View

DECEMBER 6, 2023

And because many service offerings have traditionally focused on areas like investments and securities recommendations, there has been little debate about the need to register as an advisor. Thus, Advice, Business, Compensation, and Securities (ABCS) are the key elements in this definition.

Investments 246

Investments Investing Retirement Planning Financial Advising 246

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 Investments Investing 294

Abnormal Returns

DECEMBER 31, 2023

Top clicks this week Some investment sites worth reading every week including Sam Ro's TKer. morningstar.com) Six lessons learned from 20 years in the business of financial advice. morningstar.com) Six lessons learned from 20 years in the business of financial advice.

Financial Advice 295

Financial Advice Investing Investments Marketing 295

Abnormal Returns

FEBRUARY 24, 2025

citywire.com) The biz Joe Duran's Rise Growth Partners made another investment. citywire.com) Your (potential) clients are looking online for financial advice. (kitces.com) Morningstar Why Morningstar ($MORN) is getting out of the RIA software business. riabiz.com) Orion wants those former Morningstar customers.

Wealth Management 146

Wealth Management Retirement Planning Financial Advice Clients 146

Nerd's Eye View

JANUARY 13, 2025

Which is surprising to some, given that a decade ago, the emergence of so-called "robo-advisors" was supposed to displace human financial advisors and compress advisory fees. In reality, though, the robos struggled to gain traction, and the human financial advice business just continues to grow.

Financial Advice 147

Financial Advice Ethics Financial Planning Education 147

Abnormal Returns

DECEMBER 11, 2024

Podcasts Barry Ritholtz talks with Meb Faber of Cambria Investments about deferring capital gains with ETFs. podcasts.apple.com) Christine Benz and Jeff Ptak talk with Tom Idzorek and Paul Kaplan about their new book "Lifetime Financial Advice: A Personalized Optimal Multilevel Approach."

Retirement 146

Retirement Financial Advice Taxes Financial Planning 146

Abnormal Returns

SEPTEMBER 9, 2024

(youtube.com) Brendan Frazier talks with Michael Kitces about mastering the human side of financial advice. kitces.com) Advisortech Is Vanguard really going to invest enough in technology to level up? kitces.com) Advisortech Is Vanguard really going to invest enough in technology to level up?

Financial Planner 274

Financial Planner Estate Planning CFP Financial Advice 274

Abnormal Returns

OCTOBER 7, 2024

kitces.com) A profile of Dave Duffield, the founder of Ridgeline, 'a cloud-based platform for the investment-management industry that aims to bring everything from trading to accounting to compliance under one umbrella.' advisorservices.schwab.com) Advisers More people say they are willing to pay for financial advice.

Compliance 287

Compliance Wealth Management Financial Advice Government 287

Abnormal Returns

AUGUST 26, 2024

riabiz.com) Joe Duran's RIse Growth Partners just made its first (big) investment. riabiz.com) Going solo Not every financial adviser wants to build a lasting franchise. kitces.com) The pleasures of going from investment FOMO to JOMO. riabiz.com) How AI could be deployed in financial advice. citywire.com)

Taxes 262

Taxes Financial Advising Financial Advice Planning 262

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. kitces.com) Vanguard is ending its INVEST partnership with American Express ($AXP). thereformedbroker.com) How financial advisers can publish their own book.

Wealth Management 256

Wealth Management Financial Advice Financial Advising Communication 256

Abnormal Returns

SEPTEMBER 18, 2023

Podcasts Daniel Crosby talks with Michael Kitces about automation and the future of financial advice. standarddeviationspod.com) Michael Kitces talks with Jason Wenk, CEO of Altruist, about how he is trying to build an all-in-one investment OS. smokestack.beehiiv.com) The first rule of financial advice is 'do no harm.'

Planning 263

Planning Financial Advice Wealth Management Math 263

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

SEPTEMBER 30, 2024

apolloacademy.com) OpenAI SoftBank is planning to invest $500 million in OpenAI. 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? wsj.com) OpenAI has an ongoing need for capital.

Financial Advising 263

Financial Advising Financial Advice Economy Media 263

MainStreet Financial Planning

FEBRUARY 1, 2024

No Minimums, Maximum Accessibility: Unlike traditional financial advisors, being a Garrett Advisor means that we have no income or investment account minimums for hourly engagements. If you’re intrigued by this innovative approach to financial planning, feel free to reach out with any questions.

Financial Advice 97

Financial Advice Planning Fee Only Financial Planning 97

Nerd's Eye View

JULY 17, 2023

In the early days when financial advisors were first and foremost salespeople for insurance and investments products, the reality is that "advisor training and education" wasn't really about finance or advice… it was mostly just about learning how the company's products worked and how to effectively sell them to consumers.

Ethics 245

Ethics Financial Advice CFP Financial Advisor 245

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 260

Compliance Financial Planner Financial Advice Investment Advisor 260

Midstream Marketing

OCTOBER 30, 2024

Key Highlights The financial advice world is changing. Introduction In today’s changing finance world, registered investment advisors (RIAs) must comply with the provisions of the marketing rule, including entering into a written agreement, and must not include any untrue statement of a material fact to stand out from others.

Investment Advisor 52

Investment Advisor Investments Investing Ethics 52

The Big Picture

MAY 9, 2024

Bad financial advice reaches naïve, impressionable consumers of social media without any guardrails or controls. TikTokInvestors: “Apart from his misleading arrogance and the inaccurate market statistics mentioned, a 401K is possibly the best investment vehicle for the average American.

Media 337

Media Taxes Math Investments 337

Nerd's Eye View

SEPTEMBER 12, 2023

In this episode, we talk in-depth about why Jason built Altruist as a solution to help RIAs based on his own experience as an engineer, RIA owner, and TAMP owner, to leverage the economics being an RIA custodian in order to offer advisors their core investment systems at a lower cost, how Jason leveraged many of the programs' infrastructures and processes (..)

Financial Advisor 246

Financial Advisor Investments Investing Financial Advice 246

Abnormal Returns

SEPTEMBER 22, 2023

rcmalternatives.com) Barry Ritholtz talks investment edges with Elizabeth Burton, managing director and client investment strategist at Goldman Sachs Asset Management. ritholtz.com) Howard Lindzon talks with Chris Temple about his documentary "This is Not Financial Advice."

Financial Advice 261

Financial Advice Numbers Management Assets 261

Abnormal Returns

JULY 19, 2023

humbledollar.com) Investing Why you should think global when it comes to your equity portfolio. morningstar.com) When it comes to investing, doing nothing should be the default. humbledollar.com) Advice Provide people with financial advice when and where they need it. (wsj.com) The upside of using senior movers.

Financial Counseling 49

Financial Counseling Retirement Financial Advice Portfolio 49

Nerd's Eye View

MAY 7, 2024

So, whether you're interested in learning about entering the financial advice industry as a career changer, how to build a partnership with a more senior advisor, or how to maintain work-life balance while advancing in your career, then we hope you enjoy this episode of the Financial Advisor Success podcast, with Hannah Provost.

Banking 246

Banking Financial Advisor CFP Financial Advice 246

Nerd's Eye View

MAY 22, 2024

Which can allow companies to protect the 'investments ' they have made in their employees and maintain continuity amongst their staff.

Financial Advice 246

Financial Advice Commission Clients Financial Advisor 246

The Big Picture

SEPTEMBER 10, 2022

This week, we speak with Kristen Bitterly Michell, Head of North American Investments for Citi Global Wealth, which manages $800 billion in client assets. She leads the investments organization for Citi Global Wealth in North America. Her focus includes investments as well as the technology and platform as digitalization takes over.

Financial Advice 201

Financial Advice Clients Investments Investing 201

Nerd's Eye View

OCTOBER 16, 2023

Consumers have a wide range of options when it comes to choosing a provider of financial advice, from larger wirehouses and asset managers to smaller Registered Investment Advisers (RIAs).

Financial Planning 246

Financial Planning Marketing Marketing Financial Advice 246

Nerd's Eye View

AUGUST 2, 2024

market during the past decade, historical data suggest that they could serve as a helpful ballast against sharp inflation-adjusted drawdowns in U.S. market during the past decade, historical data suggest that they could serve as a helpful ballast against sharp inflation-adjusted drawdowns in U.S.

Financial Planner 246

Financial Planner Financial Advice Investment Planning Planning 246

A Wealth of Common Sense

SEPTEMBER 17, 2024

I’m at Future Proof this week with 4,000 friends in the financial advice space. In 2014 I wrote a piece called What If You Only Invested at Market Peaks? Here’s a look back at the most popular post in A Wealth of Common Sense history. *

Investments 103

Investments Investing Financial Advice Marketing 103

Nerd's Eye View

AUGUST 2, 2024

market during the past decade, historical data suggest that they could serve as a helpful ballast against sharp inflation-adjusted drawdowns in U.S. market during the past decade, historical data suggest that they could serve as a helpful ballast against sharp inflation-adjusted drawdowns in U.S.

Financial Planner 243

Financial Planner Financial Advice Investment Planning Planning 243

Nerd's Eye View

SEPTEMBER 21, 2022

There are many financial advisors who take issue with the financial advice offered by popular personal finance personalities such as Dave Ramsey.

Financial Planning 246

Financial Planning Planning Financial Advice Clients 246

Nerd's Eye View

DECEMBER 12, 2022

Earlier this year, we introduced our own Investment Adviser Representative (IAR) CE programs that allow those in the growing number of states that have adopted the NASAA Model Rule to meet their 12 hours/year CE requirement. All in pursuit of our mission: Making Financial Advicers Better, And More Successful. Read More.

Education 246

Education CFP Certification License 246