Nerd's Eye View

MARCH 15, 2023

Risk management is a key part of many financial advisors’ value propositions. For instance, ensuring clients maintain the proper insurance coverage based on their needs is an important part of the financial planning process. stealing a client’s financial assets that are accessible online), identity theft (i.e.,

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Nerd's Eye View

JANUARY 22, 2024

For example, an advisor may think of "risk management" in terms of life and property insurance coverage, whereas HNW clients may instead think of tax and estate-planning strategies as asset protection measures – particularly for the future wealth of their heirs.

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Carson Wealth

JULY 3, 2024

Identifying these risks early and having a plan to mitigate them can save your business from significant setbacks. Conduct a risk assessment to identify potential risks and their impact on your business. Get Help with Tax Planning Tax planning is a critical component of financial management.

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Financial Planning Planning Retirement Planning Tax Planning 142

Nationwide Financial

OCTOBER 1, 2022

Small business owners wear many hats, and the topic of risk management presents an opportunity for you to add value. Become a risk management consultant for your business clients. Financial risk – Does the business have a strategy in place to weather the next financial disruption, including available lines of credit?

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Tobias Financial

MARCH 22, 2024

Is your life insurance coverage sufficient? Often it is not until a life-changing event that clients ensure their coverage is adequate. In fact, due to Covid concerns, life insurance policy sales grew 5% last year resulting in the largest annual increase in decades. To learn more, click here: [link]

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Workable Wealth

OCTOBER 14, 2020

Improper risk management and insurance coverage. This means having at least 3-6 months of living expenses earmarked in a highly-liquid account, maintaining proper insurance coverage, and building the right cash-flow management. This could come in many forms: Negative spending habits.

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Financial Planning Planning Insurance Coverage Tax Planning 52

Risk Management Guru

AUGUST 12, 2020

Close the gaps on those risks by: Ensuring the quality of each contract/contractor that you come in contact with. Verifying and monitoring their insurance coverage for lapses. The post 7 Risk Assessment Blind Spots (and How to Beat Them) appeared first on Risk Management Guru.

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