Abnormal Returns

MAY 13, 2024

blogs.cfainstitute.org) How life events affect retirement planning. 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. kitces.com) How one advisory firm uses Salesforce.

Math 287

Math Retirement Planning Financial Advice Retirement 287

Abnormal Returns

MARCH 13, 2024

open.spotify.com) Retirement A lot of things can upend a successful retirement. humbledollar.com) Managing withdrawals in retirement is a real challenge. morningstar.com) Should financial advice be gentle or authoritarian? tonyisola.com) The best financial advisor for you may not be local.

Financial Advice 305

Financial Advice Retirement Financial Advisor Financial Planning 305

Abnormal Returns

FEBRUARY 24, 2025

citywire.com) Your (potential) clients are looking online for financial advice. advisorperspectives.com) Retirement planning models are just uncertainty piled on uncertainty. How to do better for clients. kitces.com) Working with UNHW clients is more complex.

Wealth Management 147

Wealth Management Retirement Planning Financial Advice Clients 147

Abnormal Returns

SEPTEMBER 30, 2024

riabiz.com) Taxes How pre-tax retirement contributions provide flexibility down the road. (riabiz.com) Kitces' FinTech Solutions Map just keeps growing. riabiz.com) Charles Schwab ($SCHW) is mothballing the Institutional Intelligent Portfolios platform. kitces.com) Tax strategies if the TCJA expires in 2026.

Financial Advice 130

Financial Advice Fee Only Estate Planning Taxes 130

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 264

Planning Financial Advice Wealth Management Math 264

Abnormal Returns

JANUARY 15, 2024

riabiz.com) Why women are still struggling to make progress in the world of financial advice. obliviousinvestor.com) It's hard to say you are a holistic financial adviser without tax management. thinkadvisor.com) Retirement Baby Boomers were supposed to retire in penury. It hasn't happened. blairbellecurve.com)

Financial Planner 278

Financial Planner Wealth Management Retirement Planning Financial Advising 278

Abnormal Returns

OCTOBER 7, 2024

(riabiz.com) Charles Schwab Charles Schwab ($SCHW) CEO Wal Bettinger is retiring. 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.

Compliance 289

Compliance Wealth Management Financial Advice Government 289

Abnormal Returns

APRIL 1, 2024

youtube.com) Christine Benz and Amy Arnott talk with Peter Mallouk, President and CEO of Creative Planning, about the 'messy' business of financial advice. getelements.com) Brendan Frazier talks about the importance of listening as a financial adviser. thinkadvisor.com) Not everyone is happier in retirement.

Wealth Management 258

Wealth Management Math Retirement Retirement Planning 258

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. So too does the impact of the infamous daily latte.

Clients 246

Clients Financial Advice Financial Planning Financial Advisor 246

Nerd's Eye View

JANUARY 29, 2025

While some RIA owners might be tempted to prioritize moving quickly to the more enjoyable work of providing financial advice, neglecting to thoughtfully draft and update an operating agreement can lead to mismatched expectations, legal risks, and costly disputes.

Distribution 130

Distribution Government Financial Advice Planning 130

Nerd's Eye View

JANUARY 29, 2025

While some RIA owners might be tempted to prioritize moving quickly to the more enjoyable work of providing financial advice, neglecting to thoughtfully draft and update an operating agreement can lead to mismatched expectations, legal risks, and costly disputes.

Distribution 130

Distribution Government Financial Advice Planning 130

Abnormal Returns

DECEMBER 25, 2023

(wealthmanagement.com) Advisers Six lessons learned from 20 years in the business of financial advice. morningstar.com) Wealthy couples have some tax levers to pull in retirement. advisorperspectives.com) Do financial advisers recommend annuities to their clients? riabiz.com) When should you hire?

Financial Advising 289

Financial Advising Startup Commission Financial Advice 289

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 148

Financial Advice Ethics Financial Planning Education 148

Abnormal Returns

APRIL 12, 2023

(open.spotify.com) Christine Benz and Jeff Ptak talk with James Choi about personal financial advice and the importance of defaults. awealthofcommonsense.com) Retirement How much of the things on your retirement to-do list do you really want to do? humbledollar.com) What we can learn about retirement from pro athletes.

Financial Advice 246

Financial Advice Retirement Financial Advisor Insurance 246

Abnormal Returns

AUGUST 26, 2024

riabiz.com) Going solo Not every financial adviser wants to build a lasting franchise. investmentnews.com) Retirement savings Capitalize is helping people transfer old 401(k) accounts. riabiz.com) How AI could be deployed in financial advice. investmentnews.com) The pros and cons of going solo. citywire.com)

Taxes 263

Taxes Financial Advising Financial Advice Planning 263

Abnormal Returns

JULY 3, 2023

(financial-planning.com) Wealth.com's Ester will help you read estate planning documents. investmentnews.com) Retirement It's inevitable we will see more older workers. klementoninvesting.substack.com) The reasons why people un-retire. investmentnews.com) Advisers Who do investors trust with financial advice?

Estate Planning 240

Estate Planning Recruitment Wealth Management Startup 240

Abnormal Returns

JULY 19, 2023

(peterlazaroff.com) Tim Ranzetta talks with Jonathan Clements, editor of the new book "My Money Journey, How 30 People Found Financial Freedom And You Can Too." ngpf.org) Retirement FAT Fire. How to retire at any age with confidence. ofdollarsanddata.com) Take retirement surveys with a big grain of salt.

Financial Counseling 49

Financial Counseling Retirement Financial Advice Portfolio 49

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. nextavenue.org) Advisers Comprehensive financial planning takes more time and effort.

Wealth Management 263

Wealth Management Retirement Planning Financial Advising Financial Advice 263

Abnormal Returns

JULY 29, 2024

Podcasts Josh and Michael talk with Alec Crawford, CEO of AI Risk, about the future of financial advice, how AI will be used by most advisors, and the critical role of AI cybersecurity in the financial industry (youtube.com) Michael Kitces talks with John Bowen, CEO and founder of CEG Worldwide and CEG Insights, about what makes advisory firms work.

Financial Advice 263

Financial Advice Clients Retirement Management 263

Nerd's Eye View

JULY 14, 2023

Read More.

Financial Planner 246

Financial Planner Compliance Media Retirement 246

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

The Chicago Financial Planner

NOVEMBER 8, 2021

At some point we are bound to see a stock market correction of some magnitude, hopefully not on the order of the 2008-09 financial crisis. As someone saving for retirement , what should you do now? During the financial crisis there were many stories about how our 401(k) accounts had become “201(k)s.” FINANCIAL WRITING.

Retirement 130

Retirement Marketing Marketing Financial Planner 130

Nerd's Eye View

SEPTEMBER 15, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent survey indicates financial advisors are the most trusted source of financial advice for consumers across generations, and are particularly trusted among wealthier individuals.

Financial Planner 246

Financial Planner Retirement Retirement Planning Advertising 246

Nerd's Eye View

JULY 5, 2024

Supreme Court decision shifting authority to interpret laws passed by Congress from Federal agencies to the judicial system could have significant impacts on regulation of the financial advice industry, including the potential for additional legal challenges to regulations from the Securities and Exchange Commission (SEC), the Department of Labor (DoL), (..)

Financial Planner 246

Financial Planner Retirement Commission Financial Advice 246

Nerd's Eye View

SEPTEMBER 1, 2023

Also in industry news this week: A legal challenge to FINRA's operations as a self-regulatory organization has the potential to upend the current regulatory system for broker-dealers and their registered representatives A recent study indicates that while many consumers appear confident handling their finances on a 'DIY' basis during their careers, (..)

Financial Planner 246

Financial Planner Strategic Planning Retirement Planning Retirement 246

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 98

Financial Advice Planning Fee Only Financial Planning 98

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.

Financial Planner 246

Financial Planner Compliance Fee Only Communication 246

Abnormal Returns

NOVEMBER 30, 2022

Podcasts Kenny Malone and Greg Rosalsky talk with Yale economist James Choi about his paper "Popular Personal Financial Advice Versus The Professors." econofact.org) Aging More Americans are living alone as they reach retirement age. nytimes.com) Why you should talk to your parents about their money.

Financial Advice 246

Financial Advice Insurance Retirement 246

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. the ideal size for an emergency fund, how much income should really be saved for retirement, etc.),

Financial Planning 246

Financial Planning Planning Financial Advice Clients 246

Nerd's Eye View

OCTOBER 21, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that Congress appears poised to pass a series of changes affecting retirement planning, dubbed “SECURE ACT 2.0”, ”, by the end of the year. Social Security COLA for 2023.

Financial Planner 234

Financial Planner Retirement Planning Retirement Insurance 234

Nerd's Eye View

OCTOBER 20, 2023

Read More.

Financial Planner 246

Financial Planner Retirement Planning Retirement Insurance 246

Nerd's Eye View

JULY 28, 2023

Also in industry news this week: The SEC released a proposal that would require firms to take steps to eliminate or neutralize conflicts of interest when using predictive data analytics tools with clients A recent study found that financial advisors remain the top source of financial advice for consumers, with social media coming in well behind From (..)

Financial Planner 246

Financial Planner Financial Advisor Retirement Planning Financial Advice 246

Nerd's Eye View

FEBRUARY 28, 2024

Initial outreach to a financial advicer rarely (if ever) results from a prospective client waking up in the middle of the night in a cold sweat because they just figured out that they're in desperate need of a comprehensive financial plan. Read More.

Planning 246

Planning Financial Advice Financial Planning Clients 246

Nerd's Eye View

MARCH 21, 2024

For many financial advicers, helping long-time clients identify and progress toward their goals eventually transitions into conversations around the best ways to enjoy the fruits of their labor once they reach them.

Clients 246

Clients Financial Planning Financial Advice Retirement 246

Nerd's Eye View

AUGUST 2, 2024

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that a Federal district court in Texas has put a stay on the effective date of the Department of Labor’s (DoL’s) new Retirement Security Rule (aka “Fiduciary Rule 2.0”),

Financial Planner 246

Financial Planner Financial Advice Investment Planning Planning 246

Nerd's Eye View

AUGUST 2, 2024

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that a Federal district court in Texas has put a stay on the effective date of the Department of Labor’s (DoL’s) new Retirement Security Rule (aka “Fiduciary Rule 2.0”),

Financial Planner 243

Financial Planner Financial Advice Investment Planning Planning 243

Nerd's Eye View

JANUARY 2, 2024

Stevyn is founder of Grow Wellthy, a health and wellness consulting firm based in Springfield, Missouri that specializes in working with busy – but not always healthy – financial advisors.

Financial Advisor 246

Financial Advisor Retirement Financial Advice Consulting 246