Nerd's Eye View

MAY 22, 2024

This latter exemption means that financial advisors with an ownership interest in their company (even a very small one) could still be subject to a non-compete as a term of the sale of their stake (which could impact how they value receiving an ownership interest in their firm).

Financial Advice 246

Financial Advice Commission Clients Financial Advisor 246

MainStreet Financial Planning

FEBRUARY 1, 2024

Importantly, we do not accept sales commissions or any compensation beyond what is directly agreed upon with our clients. 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.

Financial Advice 98

Financial Advice Planning Fee Only Financial Planning 98

Nerd's Eye View

AUGUST 15, 2023

Jim is the founder of MainStreet Financial Planning, an hourly, fee-only financial planning firm, and also created Procrastination Junction, a coaching program for fee-only financial advisors looking to improve their sales skills. Read More.

Fee Only 246

Fee Only Clients Financial Planning Financial Advisor 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

FEBRUARY 26, 2024

In the early days of the financial advice industry, an advisor's options for generating new business were somewhat limited. they're a good fit for and can afford the advicer's services), and how much revenue the prospect can be expected to bring to the practice.

Marketing 245

Marketing Marketing Sales Clients 245

The Big Picture

SEPTEMBER 21, 2022

Don’t Take Financial Advice From Kanye West : Nothing fails quite like success. You could argue the more successful you become, the more advice you should seek from others. thru the company’s sale to Yahoo; angel investor Etsy + Tumblr. Of Dollars And Data ). • Bloomberg ). •

Financial Advice 288

Financial Advice Engineering Economy Management 288

The Big Picture

SEPTEMBER 10, 2022

Prior to joining Citi, she led structured product sales to Latin American investors at Credit Suisse and provided structured derivative solutions to private investor clients at JPMorgan. She believes that financial advice needs to be frictionless — investors should be able to access everything where ever they are.

Financial Advice 200

Financial Advice Clients Investing Investments 200

The Big Picture

MAY 9, 2024

It is a massive Dunning Kruger : exercise in inexperienced but overly confident “ Finfluencers ” reducing complex issues involving money to a slick but misleading sales pitch. Bad financial advice reaches naïve, impressionable consumers of social media without any guardrails or controls.

Media 336

Media Taxes Math Investing 336

Nerd's Eye View

APRIL 4, 2024

Which, in turn, has prompted some to wonder if firm owners have a specific obligation to their profession to hire and train next-gen talent.

Financial Planner 246

Financial Planner CFP Professional Services Financial Planning 246

Nerd's Eye View

JANUARY 22, 2024

In the early days of wealth management, a financial advisor's value proposition was relatively explicit, typically focusing on a limited range of portfolio management activities (e.g., selling and trading) or on sales-oriented advice that centered on implementing insurance products.

Financial Advisor 246

Financial Advisor Insurance Coverage Estate Planning Charitable Planning 246

The Big Picture

JUNE 24, 2023

Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The Evolution of Financial Advice. New York Times ) • From Dylan to Bieber, catalogue sales are the megadeals taking over music : Some call it song management, others royalty acquisition. The weekend is here!

Math 268

Math Advertising Financial Advice Assets 268

Nerd's Eye View

OCTOBER 1, 2024

What's unique about Gaetano, though, is how after breaking away from an insurance broker-dealer with barely $5M in assets under management, he has been able to quickly build his practice to $75 million in AUM in just 5 years in part by turning what was originally a liability for him in his 20s – being a 'young' advisor who prospective clients (..)

Assets 232

Assets Financial Advisor Insurance Clients 232

Nerd's Eye View

JUNE 13, 2024

As the financial advice industry continues to move toward providing full-blown professional services rather than focusing primarily on product sales, advisory (advicery?) firms are increasingly experiencing similar stages of growth in their practices.

Professional Services 189

Professional Services Financial Advice Clients Communication 189

Nerd's Eye View

APRIL 18, 2024

For over a decade, the financial advice industry has been bracing for an "any-minute-now" tsunami of advisor retirements and concomitant sales of financial planning practices. Which begs the question, to what extent should an advisory firm owner discount the sale price of their firm for a next-gen successor?

Planning 130

Planning Valuation Sales Clients 130

Darrow Wealth Management

NOVEMBER 4, 2024

Stockbrokers, registered representatives, dual registered advisors, insurance agents, and other types of advisor-sales roles don’t always have to act in your best interest depending on the situation. For non-fiduciary financial advisors, recommendations may only need to be suitable , not necessarily in the client’s best interest.

Financial Advisor 61

Financial Advisor Certified Financial Planner Fiduciary Duty Fee Only 61

Darrow Wealth Management

NOVEMBER 17, 2022

The surtax will increase the Massachusetts tax liability by $68,000 on the sale of their home. But if a sale is in process, wrapping it up before 12/31 would be advantageous (all else equal). Consider an installment sale. We specialize in financial planning for an IPO, acquisition, or sale of a private business.

Taxes 107

Taxes Wealth Management Tax Planning Planning 107

Zoe Financial

MAY 1, 2023

We’ve had positive surprises, especially on the sales front. We believe financial advice should come from unbiased and certified professionals. Housing data came in worse than expected but we saw strong consumption growth at a 3.7% annualized growth rate. 2023 consensus EPS estimates stopped falling.

Marketing 96

Marketing Marketing Financial Advisor Wealth Advisor 96

Discipline Funds

MARCH 15, 2024

Many governments banned short selling in 2009 and the research following this period showed that the short sale bans reduced market liquidity, price discovery and increased investor costs. Speaking of which, this isn’t financial advice, but I strongly urge people not to short stocks. Both get blown up when they’re wrong.

Economy 104

Economy Financial Advice Sales Retail 104

Sara Grillo

APRIL 19, 2024

But before we get into it… Look, there are alot of schmucks out there hawking crap products disguised as financial advice. I’m not a lawyer – so please don’t interpret anything I say here as legal advice. Do your own diligence when you are seeking financial advice. Don’t be fooled!

Financial Advisor 97

Financial Advisor Financial Advice Accounting Clients 97

FMG

OCTOBER 6, 2022

From financial planning and risk analysis tools to marketing automation platforms , technology streamlines processes, increases productivity, and helps you grow your business faster. That’s a lot of financial advice and staff to manage — not to mention a lot of names, anniversaries, and meetings to remember. What is CRM?

Financial Advisor 83

Financial Advisor Clients Communication Financial Planning 83

The Irrelevant Investor

MAY 22, 2022

We discuss: Wash sale rules and selling in a taxable account Where to invest after you're no longer allowed to fund a Roth IRA The Backdoor Roth Investing in the private markets Mortgage rates and HELOCs Buy a home now or wait for a dip later? Dollar-cost down or rip the band-aid off?

Retirement Planning 52

Retirement Planning Financial Advice Budgeting Sales 52

Don Connelly & Associates

JULY 10, 2023

There's never been a better time to build a financial advisory practice. More people than ever are clamoring for quality, objective financial advice to guide critical life decisions. It's also a very challenging time for newer financial advisors as the competition for quality prospects is fierce.

Financial Advisor 52

Financial Advisor Clients Financial Advice Sales 52

Don Connelly & Associates

JULY 10, 2023

There's never been a better time to build a financial advisory practice. More people than ever are clamoring for quality, objective financial advice to guide critical life decisions. It's also a very challenging time for newer financial advisors as the competition for quality prospects is fierce.

Financial Advisor 52

Financial Advisor Clients Financial Advice Sales 52

Sara Grillo

JUNE 17, 2024

But before we get into it… Look, there are alot of schmucks out there hawking crap products disguised as financial advice. Please subscribe to my newsletter to receive updates that raise awareness of consumer financial issues. Don’t be fooled! The urgency is to know if your policy will lapse or crash in the future.

Insurance 59

Insurance Financial Advice Math Compliance 59

Sara Grillo

OCTOBER 10, 2022

According to Veres, the revenue model and the value proposition are the most confusing things for the public when it comes to financial advice. Providing financial plans vs. canned financial plans with a sales agenda. The future of financial advice. Fee-only vs. fee-based.

Financial Advisor 52

Financial Advisor Financial Advice Financial Planning Fee Only 52

Sara Grillo

JUNE 24, 2024

But before we get into it… Look, there are alot of schmucks out there hawking crap products disguised as financial advice. Please subscribe to my newsletter to receive updates that raise awareness of consumer financial issues. Don’t be fooled! I wrote a bunch of consumer advocacy blogs here to protect people from all the BS.

Insurance 59

Insurance Math Financial Advice Compliance 59

Zoe Financial

DECEMBER 16, 2022

Retail sales declined 0.6% The fact that retail sales are down is an indication that the most important driver of growth is not looking so hot going into next year. On Tuesday, we have November housing starts and new and existing home sales out Real estate and housing are really important indicators for the overall economy.

Marketing 52

Marketing Marketing Financial Advisor Retail 52

Midstream Marketing

DECEMBER 6, 2024

Digital Landscape for RIAs Digital marketing is changing the financial services world. Clients now want financial advice online. As a result, more people can find you when they seek financial advice and services. You can increase engagement and boost sales by dividing your email list into different groups.

Marketing 52

Marketing Marketing Media Engineering 52

Zoe Financial

JULY 24, 2023

Economic Data: Retail sales were up 0.2% Retail sales matter because consumption is 69% of GDP. We believe financial advice should come from unbiased and certified professionals. This would mark the largest earnings decline reported by the index since Q2 of 2020. Analysts are predicting earnings growth of 0.1 Below the 0.5%

Marketing 52

Marketing Marketing Financial Advisor Retail 52

Zoe Financial

SEPTEMBER 11, 2023

August retail sales. Stay tuned for next week. – Andres Disclosure: This page is not investment advice and should not be relied on for such advice or as a substitute for consultation with professional accounting, tax, legal or financial advisors. Going from negative levels to a flat state is positive. August PPI.

Marketing 52

Marketing Marketing Financial Advisor Wealth Advisor 52

Midstream Marketing

NOVEMBER 12, 2024

This helps potential clients find you when they look for financial advice online. You might want to create blog posts, articles, or videos about current financial trends. These can also answer common questions about financial planning. Take time to understand their financial situations, challenges, and dreams.

Financial Advisor 52

Financial Advisor Clients Media Financial Planning 52

Darrow Wealth Management

NOVEMBER 5, 2024

It is not personal legal/tax/financial advice or an exhaustive discussion of the exclusion. Massachusetts previously had their own rules for qualified small business stock but after January 1, 2022, sales will conform to the federal guidelines. This article is meant to be an easily-digestible introduction to QSBS.

Taxes 62

Taxes Wealth Management Tax Planning Assets 62

Zoe Financial

SEPTEMBER 18, 2023

Retail sales numbers for August went up 0.6% We believe financial advice should come from unbiased and certified professionals. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial.

Marketing 52

Marketing Marketing Financial Advisor Wealth Advisor 52

Zoe Financial

AUGUST 28, 2023

Macro data: New home sales reached highest lever since July 2022 despite seeing highest mortgage rates in years. We believe financial advice should come from unbiased and certified professionals. Economic Data: The Fed, Powell’s speech: No big reveals or shift in expectations. Focus on bringing down inflation.

Marketing 52

Marketing Marketing Financial Advisor Wealth Advisor 52

Zoe Financial

AUGUST 22, 2023

Economic Data: July retail sales came in better than expected. We believe financial advice should come from unbiased and certified professionals. There is a pullback, the question is: will we have a bear market? Small caps are underperforming the broader market. Concerns around the U.S economy losing some steam.

Marketing 52

Marketing Marketing Financial Advisor Wealth Advisor 52

Zoe Financial

MARCH 6, 2023

Pending home sales had a robust number. February 21, 2023 Market Drama February 20, 2023 Explore More About Zoe Financial Zoe is a wealth platform that connects you to the right trustworthy, credentialed, and experienced wealth advisor for your needs. We believe financial advice should come from unbiased and certified professionals.

Marketing 52

Marketing Marketing Financial Advisor Wealth Advisor 52

Zoe Financial

JULY 17, 2023

June retail sales and housing market data. Andres Disclosure: This page is not investment advice and should not be relied on for such advice or as a substitute for consultation with professional accounting, tax, legal or financial advisors. We believe financial advice should come from unbiased and certified professionals.

Marketing 52

Marketing Marketing Financial Advisor Wealth Advisor 52