Nerd's Eye View

NOVEMBER 19, 2024

So, whether you're interested in learning about building a profitable hyperfocused practice, implementing a marketing approach that reaches a firm's ideal target client, or adding value for clients by offering advanced tax planning, then we hope you enjoy this episode of the Financial Advisor Success Podcast, with Anjali Jariwala.

Clients 244

Clients Financial Advisor Business Planning Taxes 244

Nerd's Eye View

NOVEMBER 28, 2024

Still others may choose a hybrid model, combining AUM fees with additional charges for other services like tax planning. Pricing the impact of financial planning can be challenging, because many of its benefits – like peace of mind – are intangible, compelling in value but difficult to match with an exact price.

Clients 246

Clients Financial Planner Fee Only Financial Planning 246

Wealth Management

OCTOBER 15, 2024

Thursday, November 14, 2024 | 2:00 PM ET

Tax Planning 264

Tax Planning Financial Planning Planning Taxes 264

The Chicago Financial Planner

FEBRUARY 8, 2023

You’ve paid Social Security taxes over the course of your working life and you’ve earned these benefits. Many retirees and others collecting Social Security wonder about the tax treatment of their benefit. The answer to the question in the title is that your Social Security benefits may be subject to taxes.

Taxes 291

Taxes Retirement Financial Planner Financial Advisor 291

Abnormal Returns

OCTOBER 28, 2024

(advisorperspectives.com) Advisers A plan for onboarding client service associates. kitces.com) Tax-loss harvesting is going long-short. 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.

Risk Tolerance 271

Risk Tolerance Retirement Consulting Financial Planning 271

Nerd's Eye View

NOVEMBER 21, 2022

However, by creating a systematic annual process to monitor and update client plans based on seasons, not only can advisors save time and work more efficiently, but they can also communicate the value of ongoing financial planning services to prospects and clients more effectively.

Financial Planning 244

Financial Planning Planning Estate Planning Clients 244

Nerd's Eye View

NOVEMBER 30, 2022

Taxes are a central component of financial planning. Almost every financial planning issue – whether it is retirement, investments, cash flow, insurance, or estate planning – has tax considerations, and advisors provide a great deal of value in helping clients minimize their overall tax burden.

Tax Planning 246

Tax Planning Compliance Taxes Financial Advisor 246

Nerd's Eye View

SEPTEMBER 25, 2024

Over the last 60 years, the top Federal marginal tax bracket has steadily decreased from over 90% in the 1950s and 60s to 'just' 37% today. While it's true that the top marginal tax rate has decreased dramatically since the mid-20th century, the difference in the actual tax paid by most Americans has been far more modest.

Taxes 246

Taxes Retirement Tax Planning Accounting 246

Abnormal Returns

NOVEMBER 6, 2024

podcasts.apple.com) Taxes A year-end tax planning checklist. kindnessfp.com) How to think about taxes in early retirement. greatergood.berkeley.edu) The laws of financial health are pretty simple. marknewfield.substack.com) How to look for holes in your financial plan.

Estate Planning 167

Estate Planning Tax Planning Retirement Taxes 167

Nerd's Eye View

APRIL 16, 2025

In these moments, the conversations that advisors have with their clients play a crucial role in helping clients maintain perspective, avoid emotional decisions, and stay committed to their long-term financial plans. Finally, volatile markets offer a powerful opportunity for advisors to reinforce the value of financial advice.

Clients 228

Clients Financial Planning Financial Advice Planning 228

MainStreet Financial Planning

NOVEMBER 8, 2024

As December unfolds, it’s easy to overlook year-end tax planning amid the holiday hustle. However, dedicating a few moments now can lead to significant savings come tax season. To help you retain more of your hard-earned money and reduce your tax liability, consider these five strategic moves before the year concludes.

Taxes 97

Taxes Medical Consulting Education 97

Nerd's Eye View

MAY 8, 2023

Traditionally, financial advice and tax preparation have existed as 2 related, but separate, services. Besides the fact that many financial advisors don’t hold the necessary credentials (e.g., by tailoring client data-gathering worksheets to focus on the information that is relevant to a client’s tax situation).

Taxes 246

Taxes Financial Planning Financial Advisor Clients 246

Nerd's Eye View

NOVEMBER 27, 2024

Advisors may also introduce tax-advantaged approaches that add value in multiple ways – for example, helping grandparents set up donor-advised funds that support future generations while creating tax benefits. Read More.

Clients 242

Clients Education Financial Planner Planning 242

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 278

Wealth Management Management Financial Planning Taxes 278

Nerd's Eye View

SEPTEMBER 7, 2022

Tax-loss harvesting – i.e., selling investments at a loss to capture a tax deduction while re-investing the proceeds to maintain market exposure – is a popular strategy for financial advisors to increase their clients’ after-tax investment returns. With these three tools (i.e.,

Taxes 246

Taxes Clients Tax Planning Financial Advisor 246

Wealth Management

FEBRUARY 3, 2023

This week, Orion announced they were making it easier for those in need of free financial planning to find help, TIFIN and Morningstar partnered to enhance their AI-powered distribution platform and eMoney responded to recently-passed legislation with tax planning upgrades.

Taxes 246

Taxes Tax Planning Distribution Financial Planning 246

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 52

Budgeting Financial Planning Planning Insurance 52

Abnormal Returns

NOVEMBER 27, 2024

apolloacademy.com) How higher property taxes would help unlock the housing market. bloomberg.com) Financial disasters Another case where reaching for yield can be disastrous. axios.com) Financial planning A financial plan can help you navigate forks in the road. wsj.com) 10 facts about the U.S.

Portfolio 144

Portfolio Financial Planning Estate Planning Planning 144

Wealth Management

FEBRUARY 14, 2024

FP Alpha is transforming financial planning with AI-driven automation and scenario modeling, making advanced planning accessible and efficient for advisors and their clients.

Planning 267

Planning Insurance Financial Planning Taxes 267

Carson Wealth

JULY 3, 2024

Get Help with Tax Planning Tax planning is a critical component of financial management. Proper tax planning can save your business money and ensure compliance with regulations. More importantly, be prepared to pay the proper taxes throughout the year.

Financial Planning 142

Financial Planning Planning Retirement Planning Tax Planning 142

Abnormal Returns

DECEMBER 11, 2024

(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." sites.libsyn.com) Peter Lazaroff on some year-end tax strategies. wsj.com) Why some wealthy Americans simply fail to file their taxes.

Retirement 144

Retirement Financial Advice Taxes Financial Planning 144

Wealth Management

JULY 11, 2024

Earned Wealth, founded in 2021, offers medical professionals advice on financial planning, tax planning, wealth management and investing on one interconnected platform.

Startup 265

Startup Tax Planning Wealth Management Medical 265

Dear Mr. Market

DECEMBER 31, 2024

Because when it comes to financial planning, you’re ready to write it downand studies show that writing down your goals makes you 42% more likely to achieve them. Heres your top 10 financial planning checklist for the new year. Optimize Tax Strategies Its not what you makeits what you keep. But not this year.

Budgeting 105

Budgeting Financial Planning Estate Planning Planning 105

International College of Financial Planning

MARCH 12, 2025

Understand taxes: Capital gains, dividend taxes, and exit loads can eat into your returnsplan accordingly. Final Thoughts: The Path to Financial Security Starts Today Smart financial planning isnt about giving up the things you enjoyits about making informed decisions that align with your goals.

Financial Planning 52

Financial Planning Planning Asset Allocation Financial Advice 52

Nerd's Eye View

JULY 20, 2022

This could include planning for how their expenses will change during the sabbatical as well as simulating how the sabbatical will impact their financial picture going forward.

Retirement 246

Retirement Financial Planning Planning Clients 246

MainStreet Financial Planning

MARCH 7, 2025

Tax season can feel overwhelming, whether you’re filing for the first time or you’ve been doing it for years. Should you tackle your taxes on your own, or is it time to bring in a professional? Lets explore the pros and cons of DIY tax preparation and when seeking expert help might be the right move.

Taxes 52

Taxes Financial Planning Planning Numbers 52

Abnormal Returns

FEBRUARY 26, 2025

mrmoneymustache.com) Why you need to account for your Treasury income on your state taxes. humbledollar.com) Personal finance Two questions to ask if you need to re-prioritize your financial plan. timmaurer.com) Financial influencers are not looking out for your best interests. Developers are taking note.

Asset Allocation 157

Asset Allocation Retirement Financial Planning Accounting 157

Financial Symmetry

APRIL 9, 2025

Tax planning might not top everyone’s list of leisure activities, but in the middle of tax season, theres a hidden opportunity. What if, instead of seeing it as a mere logistic hurdle, we embraced it as a moment to refine our financial strategy? Analyze whether your tax rate will rise or fall in the coming years.

Taxes 60

Taxes Tax Planning Retirement Planning 60

Abnormal Returns

APRIL 16, 2025

(nytimes.com) Personal finance A well-constructed financial plan doesn't need revisiting all that often. genyplanning.com) Financial systems are built in favor of couples, not singles. investopedia.com) On the tax benefits of 529 accounts. theconversation.com) Why it's so easy to overspend these days.

Retirement 144

Retirement Financial Planning Accounting Portfolio 144

Nerd's Eye View

OCTOBER 2, 2024

In this environment, financial advisors have the opportunity to add value for their clients not only by giving a clear explanation about the current status of Social Security and the potential legislative changes that could improve its solvency, but also by modeling what (realistic) changes would mean for their clients' financial plans.

Retirement 246

Retirement Clients Financial Planning Financial Advisor 246

Nerd's Eye View

OCTOBER 23, 2024

Though in practice, while a 1% AUM fee is a common 'starting point' in the industry, the actual fee structure can vary based on the firm's approach; for example, some firms may reduce the fee for high-net-worth clients, or charge an additional fee for separate and additional services (from deeper financial planning to add-ons like tax preparation).

Clients 246

Clients Financial Advice Financial Planning Financial Advisor 246

Darrow Wealth Management

MARCH 31, 2023

There are many financial planning considerations before, during, and after a divorce. A key part of the process from a financial standpoint is dividing the assets. But that doesn’t mean the actual assets are just split down the middle, and some assets are much more favorable from a tax perspective than others.

Financial Planning 104

Financial Planning Planning Estate Planning Assets 104

Abnormal Returns

JANUARY 15, 2024

citywire.com) Taxes There simply aren't enough tax preparers to go around. obliviousinvestor.com) It's hard to say you are a holistic financial adviser without tax management. city-journal.org) Delayed Social Security claiming requires an explicit bridge plan. riaintel.com) HNW clients want additional services.

Financial Planner 273

Financial Planner Wealth Management Retirement Planning Financial Advising 273

Abnormal Returns

JULY 18, 2022

wealthmanagement.com) Taxes Tax loss harvesting isn't always optimal: some cases to keep in mind. blog.xyplanningnetwork.com) Advisers The story of how Elliott Appel of Kindness Financial Planning became an adviser. kitces.com) Why one adviser uses age 100 as a planning tool. barrons.com).

Taxes 130

Taxes Retirement Planning Financial Planning Retirement 130

The Big Picture

MARCH 18, 2025

Create a financial plan (then stick to it). Be tax-aware. Recognize your advantages (and take advantage of them). If you need help, find someone who is a fiduciary to work with. Index (mostly). Own a broad set of low-cost equity indices for the best long-term results. E Own bonds for income and to offset stock volatility.

Investments 317

Investments Investing Math Media 317

Harness Wealth

APRIL 16, 2025

Tax planning serves as the cornerstone of the entire acquisition deal, extending far beyond a simple checkbox. Every element, from structure to price negotiations, hinges on understanding tax implications for all parties involved. Get it right, and you will have set yourself up for a smooth transition and maximized returns.

Taxes 52

Taxes Tax Planning Startup Compliance 52

The Big Picture

SEPTEMBER 28, 2022

You must have a Financial Plan , so it is clear what you are investing for, and so you can see how you are progressing towards those goals. Financial Plan. This includes a broad Asset Allocation including full Diversification of asset classes, geographies, etc. Volatility. Interest Rates. Elections. Portfolio.

Asset Allocation 342

Asset Allocation Financial Planning Assets Media 342