Financial Planning and Management - Financial Advisor Source

A Recordkeeping Checklist For Financial Planning Services: Proactive Documentation Of Service Delivery To Reduce Regulatory Scrutiny

Nerd's Eye View

DECEMBER 18, 2024

While state and Federal regulations clearly outline recordkeeping requirements for areas like financials, advertisements, and trading records, there is a notable gap when it comes to documenting the delivery of services – especially financial planning services – necessary to justify the fees charged for those services.

Financial Planning

Financial Planning Planning Compliance Advertising

A 3-Step Sales Process To Clearly Demonstrate Financial Planning Value To Prospects

Nerd's Eye View

NOVEMBER 25, 2024

Over the past decade, a growing number of advisors have expanded into offering comprehensive financial planning services, reflecting a shift that not only helps them stand out from (increasingly commoditized) portfolio management offerings but also supports clients' broader financial goals.

Financial Planning

Financial Planning Sales Planning Retirement

The Close Relationship Between Financial Planning and Estate Planning

Wealth Management

AUGUST 12, 2024

Estate planning and financial planning are two peas in a pod that are becoming inextricably tied.

Estate Planning

Estate Planning Financial Planning Planning

Webinars

Book of Secrets on the Month-End Close

What Your Financial Statements Are Telling You—And How to Listen!

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

MORE WEBINARS

Moneytree Unveils New Version of Financial Planning Software

Wealth Management

SEPTEMBER 16, 2024

Moneytree’s financial planning tool features a new architecture, workflows and account aggregation capabilities.

Financial Planning

Financial Planning Planning Accounting

Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

. 🤖 Automation vs. Human Oversight: Why people remain a key part of spend management, and how to strike the right balance between AI-driven analytics and human financial expertise. 📈 Forecasting That Works: How AI and predictive analytics can improve financial planning.

Management

Eight Colleges with the Best Financial Planning Programs

Wealth Management

OCTOBER 28, 2024

Based on the results of the FPA Financial Planning Challenge, these eight colleges unlock the most value for students training to be financial planners.

Financial Planning

Financial Planning Financial Planner Planning

Are You Smarter Than a College Financial Planning Student?

Wealth Management

JUNE 29, 2023

This quiz is based on actual questions from The Financial Planning Challenge.

Financial Planning

Financial Planning Planning

Can You Pass the Financial Planning Challenge?

Wealth Management

FEBRUARY 8, 2024

Test your skills against those of student teams in questions from the Financial Planning Challenge.

Financial Planning

Financial Planning Planning

Financial Literacy Advocate Brings First Fraternity to Financial Planning

Wealth Management

JUNE 1, 2023

Mac Gardner, founder of FinLit Tech, is working to expand the co-ed MNY Fraternity to universities across the country, with the hope of bringing more diverse talent to the financial planning profession.

Financial Planning

Financial Planning Planning

Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

Financial Planning

#FASuccess Ep 425: Implementing A Financial Planning Quality Control System To Improve Both Client Outcomes And Referrals, With Sebastian Guerra

Nerd's Eye View

FEBRUARY 18, 2025

Sebastian is the President of Guerra Wealth Advisors, a hybrid advisory firm based in Miami, Florida, with nearly $15M of revenue and almost 60 team members, supporting over 1,700 client households.

Financial Planning

Financial Planning Clients Planning Wealth Advisor

Former TDAI Exec Kate Healy to Lead CFP Board Center for Financial Planning

Wealth Management

AUGUST 3, 2022

Healy, who was laid off from TD Ameritrade during its integration with Schwab, has volunteered with the Center for Financial Planning for several years. Now she'll lead it.

Financial Planning

Financial Planning CFP Planning

From Introverted Beginnings to a Promising Future in Financial Planning

Wealth Management

OCTOBER 18, 2023

Kevin Clark was apprehensive about entering the financial planning industry, particularly because of his introverted nature.

Financial Planning

Financial Planning Planning

Tepp Wealth Management: Approaching The Tech Stack From A Tax-Smart Perspective

Wealth Management

JUNE 21, 2024

David Tepp, founder and CEO of Tepp Wealth Management, discusses how he uses his CPA background to center financial planning for clients of his $130 million AUM firm.

Wealth Management

Wealth Management Management Taxes Financial Planning

Blake Pinyan on Personal Drive, Technology and the Future of Financial Planning

Wealth Management

OCTOBER 18, 2023

Blake Pinyan, CFP and FPA National NextGen Co-Chair, shares his journey in the financial planning industry.

Financial Planning

Financial Planning Planning CFP

Outsourcing (Parts Of) The Financial Plan Preparation Process To Boost Solo Advisor Capacity

Nerd's Eye View

SEPTEMBER 11, 2023

a client service associate to handle various administrative and client communication tasks, or a paraplanner or associate advisor to work on more planning-centric issues such as building out drafts of financial plans).

Financial Planning

Financial Planning Planning Recruitment Clients

College Financial Planning Programs Ranked

Wealth Management

OCTOBER 28, 2024

The value of education is increasingly scrutinized.

Financial Planning

Financial Planning Planning Education

Focused on the Future: Jimmy Lee on How AI and ESG Will Impact Financial Planning

Wealth Management

NOVEMBER 15, 2023

Wealth Consulting Group founder and CEO Jimmy Lee discusses the ESG debate, use cases for AI in financial planning and more.

Financial Planning

Financial Planning Planning Consulting

The Future of Financial Planning: Insights from the Next Generation

Wealth Management

NOVEMBER 15, 2024

With nearly 40% of advisors set to retire in the next decade, the future of financial planning lies in the hands of passionate newcomers. Discover why these young professionals are eager to transform the industry.

Financial Planning

Financial Planning Planning Retirement

Kitces & Carl Ep 106: Sharing ‘Real’ Examples Of Your Work To Show The Value Of Financial Planning

Nerd's Eye View

FEBRUARY 23, 2023

The increasing popularity of financial planning has led to a growing awareness of how important managing finances and planning for the future can be. For most financial advisors today, a website is a critical tool that allows them to market their services and communicate their fees to potential clients.

Financial Planning

Financial Planning Planning Financial Planner Financial Advisor

Best Practices For Running A Financial Planning Internship Program (And Creating A More Productive Outlook)

Nerd's Eye View

MAY 22, 2023

Traditionally, financial planning internship programs have offered students who are aspiring financial planners a way to prepare for entering the workforce by gaining real-world experience in advisory firm settings (as well as a way to get their foot in the door with prospective employers).

Financial Planning

Financial Planning Planning Financial Planner Certification

Wealth Management EDGE Podcast: Retirement, Annuities and Regulation Unveiled

Wealth Management

OCTOBER 5, 2023

Protecting the average retiree in a confusing landscape of investment planning vs. financial planning.

Wealth Management

Wealth Management Retirement Management Investment Planning

Financial Planning for Families With Disabilities

Wealth Management

MARCH 1, 2024

live with a disability; intergenerational planning for this population is critical. Sixty-one million people in the U.S.

Financial Planning

Financial Planning Planning

Adjusted for Risk: Trends in SMB Space Present Opportunities for Wealth Managers

Wealth Management

JULY 15, 2024

InterVal's Trevor Greenway explains how advisors can solve the challenge of determining the value of small- and medium-sized business when creating a financial plan for owners.

Wealth Management

Wealth Management Financial Planning Management Planning

The WealthStack Podcast: Bridging the Gap Between Asset Management and Financial Planning With Martin Tarlie

Wealth Management

DECEMBER 15, 2023

Advisors are using Nebo to construct institutional quality, dynamic, real-time model portfolios that are personalized to each client, in a fraction of the time previously required.

Financial Planning

Financial Planning Assets Management Planning

How Outsourcing Marketing Can Unlock Growth Potential For Advisory Firms: Key Steps For Choosing The Right Provider

Nerd's Eye View

NOVEMBER 11, 2024

To sustain firm growth, financial advisors often face a dilemma: to focus on what originally drew them to the profession – like financial planning – they often must first do an extensive amount of business development.

Marketing

Marketing Marketing Communication Engineering

Edward Jones Launches Proprietary SMA, Financial Planning Services

Wealth Management

OCTOBER 1, 2024

The new programs are part of an effort to attract more high-net-worth clients with broader offerings.

Financial Planning

Financial Planning Planning Clients

Advice Engagement Strategies: 4 Core Areas To Motivate Clients To Be More Active In The Financial Planning Process

Nerd's Eye View

APRIL 24, 2023

But by focusing on advice engagement strategies and encouraging clients to become more engaged in the planning process, advisors can help clients become more motivated to take action, which will ultimately serve to improve their planning outcomes. Read More.

Financial Planning

Financial Planning Clients Planning Education

Weekend Reading For Financial Planners (March 22–23)

Nerd's Eye View

MARCH 21, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a report from Cerulli Associates found that, amidst an industry-wide trend towards comprehensive financial planning and away from pure transaction-based investment management, asset-based fees currently represent 72.4%

Financial Planner

Financial Planner Commission Communication Clients

What Is the FPA Financial Planning Challenge?

Wealth Management

FEBRUARY 8, 2024

Inside the college competition that gives students a taste of the challenges advisors face.

Financial Planning

Financial Planning Planning

Are Financial Plans Getting Too Comprehensive: How The ‘Sledgehammer Of Value’ Isn’t Actually Paying Off

Nerd's Eye View

OCTOBER 23, 2023

Many financial advisors take pride in the comprehensive nature of the advice they provide to clients and use the variety of services offered as a point of differentiation between themselves and other types of advisors.

Financial Planning

Financial Planning Planning Clients Financial Planner

Bridging the Gap: Insurance and Wealth Management

Wealth Management

NOVEMBER 14, 2024

Morgan Christiansen, VP of Distribution at The Pinnacle Group, explores the evolving role of insurance in financial planning at Nitrogen's 2024 Fearless Investing Summit.

Insurance

Insurance Wealth Management Management Distribution

From New-Hire To Confident Advisor: Structuring A First-Year Associate Advisor Onboarding Plan To Develop Technical And Client Skills

Nerd's Eye View

MARCH 24, 2025

For smaller firms – especially those with little to no experience onboarding new advisors – creating a well-paced financial plan can feel daunting. A few key principles can make the onboarding process smoother for both the associate advisor and their manager. building an initial financial plan).

Planning

Planning Clients Financial Planning Communication

#FASuccess Ep 423: Expanding Across The Household By Helping (Affluent) Sandwich Generation Kids With Their Parents’ Financial Needs, With Cristina Livadary

Nerd's Eye View

FEBRUARY 4, 2025

Cristina is the CEO of Mana Financial Life Design, an RIA based in Los Angeles, California (but works virtually with clients nationwide), that oversees approximately $70 million in assets under management for 119 client households.

Financial Advisor

Financial Advisor Clients Financial Planning Planning

NCAA Athlete Compensation: Supporting College Athletes with Financial Planning

Wealth Management

SEPTEMBER 22, 2023

With NIL deals becoming more and more prevalent, student-athletes need trusted guidance on what the opportunities are and ultimately what to do based on their unique situations.

Financial Planning

Financial Planning Planning

Focused on the Future: Longevity Risk and the Role of Psychology in Financial Planning with Vanessa Martinez

Wealth Management

SEPTEMBER 25, 2024

Expressive Wealth's Vanessa Martinez details how her journey shaped her commitment to empowering clients through education and comprehensive wealth management.

Financial Planning

Financial Planning Wealth Management Education Planning

Kitces & Carl Ep 153: Evaluating The Tradeoffs That Come With Retaining ‘Legacy’ Clients

Nerd's Eye View

DECEMBER 12, 2024

There's an old joke in the financial planning industry that the ideal client is "anyone with a pulse". In this 153rd episode of Kitces and Carl, Michael Kitces and client communication expert Carl Richards discuss how advisors can navigate the challenge of managing underpaying clients.

Clients

Clients Communication Financial Planning Accounting

Fix, Fine, Flourish: A Framework To Take Clients From (Just) “Fine” Staganancy To Being Engaged Again

Nerd's Eye View

FEBRUARY 19, 2025

This transition is a core element of the "Fix, Fine, Flourish" financial planning framework. In this model, clients begin in the Fix phase, addressing immediate challenges and stabilizing their financial situation.

Clients

Clients Financial Planning Planning Management

Why Held-Away Asset Management Technology Is Being Scrutinized By State Regulators (And How Advisors Can Compliantly Manage Clients’ 401(k) Assets)

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets

Assets Management Clients Compliance

The Best Of Weekend Reading 2024: Top 24 Articles You Might Have Missed

Nerd's Eye View

DECEMBER 30, 2024

Each week in Weekend Reading For Financial Planners, we seek to bring you synopses and commentaries on 12 articles covering news for financial advisors including topics covering technical planning, practice management, advisor marketing, career development, and more.

Financial Advisor

Financial Advisor Insurance Tax Planning Taxes

Financial Planning For Freelancers: 8 Tips To Budget And Save

Clever Girl Finance

DECEMBER 23, 2024

Freelancing is liberating, but without a solid financial plan, it can also be unpredictable. As a freelancer, you juggle not only your craft but also your finances, taxes, and retirement planning. That’s where financial planning for freelancers comes in. Plan for taxes ahead of time 4.

Budgeting

Budgeting Financial Planning Planning Insurance

How to Build a Comprehensive Financial Plan that Protects Assets and Grows Wealth

Wealth Management

AUGUST 7, 2024

Including permanent life insurance can help prevent blind spots in retirement planning and enable clients to live longer.

Financial Planning

Financial Planning Retirement Planning Planning Assets

#FASuccess Ep 412: 3X’ing The Business With No More Than 50 Great Clients By Hyperfocusing On Who You Can Add The Most Value For, With Anjali Jariwala

Nerd's Eye View

NOVEMBER 19, 2024

Anjali is the Founder of FIT Advisors, an RIA based in Torrance, California (but works virtually with clients nationwide) and oversees $65 million in assets under management for 45 client households. My guest on today's podcast is Anjali Jariwala.

Clients

Clients Financial Advisor Business Planning Taxes

Adviser links: serving Boomers

Abnormal Returns

OCTOBER 28, 2024

advisorperspectives.com) Financial planning CAN change lives. (bloomberg.com) How should consumers think about the cost of an adviser? kitces.com) How long-term care insurance went away. barrons.com) We all make mistakes, including advisers. signaturefd-3437664.hs-sites.com) hs-sites.com)

Risk Tolerance

Risk Tolerance Retirement Consulting Financial Planning

A Recordkeeping Checklist For Financial Planning Services: Proactive Documentation Of Service Delivery To Reduce Regulatory Scrutiny

A 3-Step Sales Process To Clearly Demonstrate Financial Planning Value To Prospects

Webinars

Trending Sources

The Close Relationship Between Financial Planning and Estate Planning

Webinars

Moneytree Unveils New Version of Financial Planning Software

Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Eight Colleges with the Best Financial Planning Programs

Are You Smarter Than a College Financial Planning Student?

Can You Pass the Financial Planning Challenge?

Financial Literacy Advocate Brings First Fraternity to Financial Planning

Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

#FASuccess Ep 425: Implementing A Financial Planning Quality Control System To Improve Both Client Outcomes And Referrals, With Sebastian Guerra

Former TDAI Exec Kate Healy to Lead CFP Board Center for Financial Planning

From Introverted Beginnings to a Promising Future in Financial Planning

Tepp Wealth Management: Approaching The Tech Stack From A Tax-Smart Perspective

Blake Pinyan on Personal Drive, Technology and the Future of Financial Planning

Outsourcing (Parts Of) The Financial Plan Preparation Process To Boost Solo Advisor Capacity

College Financial Planning Programs Ranked

Focused on the Future: Jimmy Lee on How AI and ESG Will Impact Financial Planning

The Future of Financial Planning: Insights from the Next Generation

Kitces & Carl Ep 106: Sharing ‘Real’ Examples Of Your Work To Show The Value Of Financial Planning

Best Practices For Running A Financial Planning Internship Program (And Creating A More Productive Outlook)

Wealth Management EDGE Podcast: Retirement, Annuities and Regulation Unveiled

Financial Planning for Families With Disabilities

Adjusted for Risk: Trends in SMB Space Present Opportunities for Wealth Managers

The WealthStack Podcast: Bridging the Gap Between Asset Management and Financial Planning With Martin Tarlie

How Outsourcing Marketing Can Unlock Growth Potential For Advisory Firms: Key Steps For Choosing The Right Provider

Edward Jones Launches Proprietary SMA, Financial Planning Services

Advice Engagement Strategies: 4 Core Areas To Motivate Clients To Be More Active In The Financial Planning Process

Weekend Reading For Financial Planners (March 22–23)

What Is the FPA Financial Planning Challenge?

Are Financial Plans Getting Too Comprehensive: How The ‘Sledgehammer Of Value’ Isn’t Actually Paying Off

Bridging the Gap: Insurance and Wealth Management

From New-Hire To Confident Advisor: Structuring A First-Year Associate Advisor Onboarding Plan To Develop Technical And Client Skills

#FASuccess Ep 423: Expanding Across The Household By Helping (Affluent) Sandwich Generation Kids With Their Parents’ Financial Needs, With Cristina Livadary

NCAA Athlete Compensation: Supporting College Athletes with Financial Planning

Focused on the Future: Longevity Risk and the Role of Psychology in Financial Planning with Vanessa Martinez

Kitces & Carl Ep 153: Evaluating The Tradeoffs That Come With Retaining ‘Legacy’ Clients

Fix, Fine, Flourish: A Framework To Take Clients From (Just) “Fine” Staganancy To Being Engaged Again

Why Held-Away Asset Management Technology Is Being Scrutinized By State Regulators (And How Advisors Can Compliantly Manage Clients’ 401(k) Assets)

The Best Of Weekend Reading 2024: Top 24 Articles You Might Have Missed

Financial Planning For Freelancers: 8 Tips To Budget And Save

How to Build a Comprehensive Financial Plan that Protects Assets and Grows Wealth

#FASuccess Ep 412: 3X’ing The Business With No More Than 50 Great Clients By Hyperfocusing On Who You Can Add The Most Value For, With Anjali Jariwala

Adviser links: serving Boomers

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