Nerd's Eye View

JANUARY 13, 2025

We've also rolled out a new private community specifically for Directors of Financial Planning (DFPs), who are increasingly becoming the lynchpins that drive planning excellence in advisory firms… which is so in alignment with our own Kitces mission that we wanted to start hosting a community for DFPs to further foster their success!

Financial Advice 146

Financial Advice Ethics Financial Planning Education 146

MainStreet Financial Planning

JANUARY 17, 2025

Keep a journal with a timeline from the date of the fire to the present day, documenting expenses for food, shelter, clothing, medications, and transportation. See the State of Emergency Tax Relief page for more information and a list of all tax programs covered by this relief. Or you may call 916-445-2684 Things to remember!

Medical 98

Medical Insurance Taxes Financial Planning 98

WiserAdvisor

OCTOBER 11, 2022

Most people start financial planning with the goal of growing their finances through savings and investments. But financial planning is not limited to increasing your wealth alone. Tax planning is essential. Tax is charged on every penny you earn. What impact do taxes have on your financial planning?

Financial Planning 80

Financial Planning Accounting Taxes Planning 80

Nerd's Eye View

FEBRUARY 5, 2024

This month's edition kicks off with the news that financial planning software platform RightCapital has launched a workflow management tool called RightFlows to help advisors manage and assign steps in the financial planning process to team members and clients – which on the one hand capitalizes on advisor demand for workflow solutions tailored (..)

Estate Planning 246

Estate Planning Financial Planning Planning Wealth Management 246

Zoe Financial

JANUARY 28, 2025

Smart Investing: Focus On Your Longterm Financial Goals Its imperative to begin the investment process with a clear idea of your goals and the time frame for your financial plan to accomplish them. Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written.

Marketing 98

Marketing Marketing Financial Advisor Taxes 98

Clever Girl Finance

AUGUST 15, 2022

Having a solid personal financial planning process is the first step in achieving your financial goals. Instead, you can leverage the same steps that financial advisors and Certified Financial Planners (CFPs) use to create financial plans for their clients. What is a financial plan?

Financial Planning 105

Financial Planning Planning Certified Financial Planner Financial Planner 105

eMoney Advisor

MARCH 1, 2023

As financial planners, we need to build an inclusive environment where women have the confidence to use their voice in financial conversations, can discuss finances with people they relate to, and have their unique concerns addressed. It is not meant to be, and should not be taken as financial, legal, tax or other professional advice.

Financial Planning 100

Financial Planning Planning CFP Financial Planner 100

eMoney Advisor

NOVEMBER 7, 2022

Adjusting to a New Tax Situation. Taxes in life are certain, however, tax legislation does change and could influence future rates. There are tax advantages—and disadvantages—clients must be aware of later in life. For instance, retirees can end up in a higher tax bracket than they expected.

Financial Planning 107

Financial Planning Retirement Planning Clients 107

WiserAdvisor

NOVEMBER 4, 2022

In addition to this, you can save more and plan for more significant purchases with greater ease. The tax liabilities for married couples filing their taxes jointly will differ from single individuals and those filing individually. Is financial planning for dual-income families different from others?

Financial Planning 93

Financial Planning Planning Taxes Financial Advisor 93

Don Connelly & Associates

DECEMBER 16, 2024

Whether planning for retirement, investing in volatile markets, or managing tax implications, clients are often presented with intricate information that can leave them overwhelmed, confused, and anxious, undermining their ability to make informed decisions.

Communication 52

Communication Financial Advisor Financial Planning Clients 52

Nerd's Eye View

APRIL 7, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the T3/Inside Information Software Survey is available, providing insights into which technology tools advisors use and their level of satisfaction with them, which highlighted the continued rise of specialized financial planning (..)

Financial Planner 246

Financial Planner Ethics Financial Advisor Clients 246

Nerd's Eye View

SEPTEMBER 5, 2024

A cornerstone service that many financial advisors provide is education. One potential dynamic of these conversations might involve the advisor's bruised feelings from knowing the client had been searching for financial planning answers somewhere else rather than coming to the advisor and asking their questions directly.

Education 221

Education Clients Financial Planning Communication 221

eMoney Advisor

JANUARY 31, 2023

Developing topics, engaging speakers, and creating presentation content are all time-consuming and require careful advanced planning. We also follow a cadence that helps us plan our schedule. We start the year with a session focused on budgeting and typically end the year with a webinar related to tax and charitable planning.

Education 103

Education Financial Planning Clients Planning 103

Walkner Condon Financial Advisors

JUNE 2, 2023

The importance of getting women into financial planning feels like it should go without saying. Unfortunately, we’re not quite there yet as a society, since as of 2022, the Bureau of Labor Statistics reports only a third of financial advisors are women. In 2022, nearly 42% of the externships participants were women.

Financial Planning 98

Financial Planning Planning CFP Financial Advisor 98

eMoney Advisor

MARCH 16, 2023

Early in my career at a large broker-dealer in San Francisco, I noticed retirees were the ones getting all the attention, while the Millennials were craving financial knowledge and the attention of financial advisors. Tax and insurance advice was also somewhat constrained. This is an easier way to get the lifestyle you want.

Financial Planning 88

Financial Planning Planning Clients Retirement 88

Tobias Financial

MARCH 16, 2025

This is a publication of Tobias Financial Advisors.The information presented is believed to be factual and up to date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. It is for information and planning purposes only.

Investments 52

Investments Investing Risk Tolerance Asset Allocation 52

eMoney Advisor

NOVEMBER 9, 2022

Cultural humility can help create a safe space for clients to share their most important financial information, which is a critical part of the financial planning process. The most notable shift to be aware of is the departure from the conventional financial service model and the journey to holistic planning.

Financial Planning 78

Financial Planning Planning Certified Financial Planner Financial Planner 78

eMoney Advisor

APRIL 11, 2023

Financial planning and tax planning go hand in hand. Including tax planning as part of your service provides clients a comprehensive view of their finances and helps them achieve their financial goals. In addition, we can be confident that tax rates will continue to ebb and flower over time.

Tax Planning 77

Tax Planning Financial Advisor Taxes Planning 77

Fortune Financial

JULY 28, 2022

When you are presented with the option to distribute your assets, you will have the choice to roll them into an IRA or place the stock into a taxable account and then roll the remaining assets into an IRA or 401(k). However, the tax deferral benefit comes at a cost tradeoff. Watch to Learn More About General Rules Surrounding NUA.

Taxes 98

Taxes Planning Retirement Planning Distribution 98

eMoney Advisor

FEBRUARY 7, 2023

We also offer financial planning firms access to a more diverse talent pool. Like me, the remarkable professionals below are doing their part to change the financial planning landscape. Dr. Cherry is also the founder of Concurrent Financial Planning, where he helps clients pursue what he calls “life-money balance.”

Financial Planning 78

Financial Planning Planning Financial Planner CFP 78

Nerd's Eye View

OCTOBER 30, 2023

Accordingly, back in 2012, I started to craft my own annual list of 'best-in-class' top conferences for financial advisors, allocated across a range of different categories (as what's best for solo advisors isn't the same as what's best for larger advisor enterprises, what's best for fee-for-service advisors isn't the same as what's best for AUM firms, (..)

Financial Advisor 246

Financial Advisor Numbers Budgeting Financial Planning 246

Harness Wealth

MARCH 27, 2025

Pass-Through Entity Tax (PTET) is a state-level tax mechanism designed to sidestep the federal State and Local Tax (SALT) deduction limit. Allowing a pass-through entity to pay state income taxes directly, PTET effectively shifts the tax burden from individual owners to the business itself.

Taxes 52

Taxes Compliance Consulting Financial Planning 52

eMoney Advisor

DECEMBER 5, 2022

By taking the clients back to the beginning, the financial professional can get to the heart of what the couple in conflict truly wants out of their financial plan. Using communication skills derived from financial counseling , learn what would be a win for each of the partners. Sources: 1 Asebedo, Ph.D.,

Financial Planning 73

Financial Planning Planning Financial Planner Communication 73

Harness Wealth

FEBRUARY 5, 2025

The rise of remote work and digital nomadism has made FEIE a common tax minimization strategy for Americans living abroad. What is the Foreign Tax Credit (FTC)? Financial and lifestyle considerations of living abroad The importance of professional tax advice for expats FAQs about the FEIE What is the Foreign Earned Income Exclusion?

Taxes 52

Taxes Compliance Accounting Government 52

WiserAdvisor

JULY 1, 2022

That said, entrepreneurship can sometimes be cumbersome in spirit, especially in terms of financial planning. Long working hours, lack of financial security, irregular income, managing investors, liquidity issues, insufficient equity, and more, while juggling personal finances, can be a daunting task.

Financial Planning 52

Financial Planning Planning Financial Planner Retirement 52

Workable Wealth

OCTOBER 14, 2020

Financial planning can take your money game up a notch by bringing clarity, strategy, and intention to your financial life. A healthy financial plan gives you the tools to take control of your finances and start living your life with passion, purpose, and freedom. So what’s the value of a financial plan?

Financial Planning 52

Financial Planning Planning Insurance Coverage Tax Planning 52

Nerd's Eye View

APRIL 8, 2024

As while many entrepreneurs are perpetually on the lookout for the 'next big thing' when it comes to business opportunities, they are also receptive to the idea of switching financial advisors who might offer a more compelling value propositions. For instance, many business owners have loosely defined succession plans (or none at all!),

Financial Advisor 130

Financial Advisor Clients Estate Planning Planning 130

WiserAdvisor

JUNE 19, 2022

While the figure is stressful, financial planning for a baby can help you transition into parenthood smoothly. More importantly, if you are a single parent, you may have to consider the financial preparedness aspect more seriously. Here are some tips that can help you in planning for a baby financially: 1.

Financial Planning 52

Financial Planning Planning Education Budgeting 52

International College of Financial Planning

MAY 1, 2023

Financial planning is an important aspect of life that is often overlooked, especially by young professionals starting their careers. Proper financial planning can make a significant difference in achieving financial goals, building wealth, and ensuring long-term financial stability.

Financial Planning 52

Financial Planning Planning Financial Planner Budgeting 52

Harness Wealth

JUNE 9, 2023

Recognizing the need for a financial plan is a significant first step toward the goal of achieving personal financial security. Table of Contents What is a Financial Plan? Table of Contents What is a Financial Plan? Why is Financial Planning so Important?

Financial Planning 52

Financial Planning Planning Financial Planner Wealth Management 52

WiserAdvisor

AUGUST 26, 2022

First, do you have the necessary financial acumen and knowledge to make financial decisions? Are you good with numbers, accounting, and financial planning? If yes, then DIY financial planning might be a good option for you. What is DIY financial planning? Chalk out a financial plan.

Management 101

Management Financial Advisor Financial Planning Retirement Planning 101

Integrity Financial Planning

JANUARY 2, 2023

Not only does it come with more wisdom and thrill for a new chapter of life, but it also presents important financial decisions that can affect your life in retirement. This birthday, and possibly 3 other birthdays that affect your retirement accounts, presents an opportunity to rethink your finances and live a new life.

Retirement 97

Retirement Accounting Taxes Financial Planning 97

Darrow Wealth Management

OCTOBER 28, 2024

Don’t discount your non-financial goals and what you plan to do after you sell. Create a formal financial plan. A comprehensive financial plan can help you analyze whether the sale proceeds will allow you to maintain your lifestyle and what variables you can play with to optimize the outcome.

Sales 97

Sales Taxes Estate Planning Retirement 97

Fortune Financial

SEPTEMBER 5, 2023

Navigating Record-High Credit Card Debt With a Solid Financial Plan Credit card debt has reached a record high of $1 trillion despite high borrowing costs that may continue rising, according to recent data from the Federal Reserve. The record-high credit card debt presents a significant challenge for both individuals and the economy.

Financial Planning 59

Financial Planning Planning Financial Advisor Budgeting 59

Ballast Advisors

JUNE 18, 2024

As you navigate the waters of financial planning, it’s crucial to maintain balance and stability amidst the complexities of owning multiple residences in different states. When it comes to tax considerations for snowbirds, there are several factors to keep in mind.

Insurance Coverage 52

Insurance Coverage Insurance Taxes Financial Planning 52

Nationwide Financial

JANUARY 25, 2023

The start of a new year presents opportunities for clients to make positive changes for their financial futures. According to a recent Advisor Authority survey, powered by the Nationwide Retirement Institute®, only 20% of non-retired investors have confidence in their retirement plans despite market volatility.

Risk Tolerance 102

Risk Tolerance Retirement Planning Asset Allocation Retirement 102

International College of Financial Planning

JUNE 20, 2022

Thus, everyone should have a personal finance plan to keep more of his hard-earned money. . Financial planning is a holistic exercise to evaluate your current and future financial standing, enabling you to achieve all your goals systematically. You might wonder why you need a financial plan when you have enough savings.

Financial Planning 52

Financial Planning Planning Investments Investing 52