Nerd's Eye View

DECEMBER 9, 2024

But by involving non-owners in decision-making, offering clear career paths for continued growth within the firm, and linking staff contributions to firm-wide goals, firms can create a cycle that rewards emotional ownership and encourages further investment in the firm’s long-term success.

Investing 237

Investing Investments Distribution Accounting 237

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

The Big Picture

NOVEMBER 15, 2023

Instead, we can deploy small hacks to thwart your own worst instincts and behaviors ; by making small changes in your outlook and investment process, you can channel these behaviors into less destructive outlets. Manage all of the above toward your financial goals and plan. Merely telling people NOT to do those things is ineffective.1

Investments 344

Investments Investing Portfolio Economics 344

The Big Picture

JANUARY 2, 2025

Random events can and will completely derail the best laid plans we may make. Or, as John Kenneth Galbraith observed, The only function of economic forecasting is to make astrology look respectable. ~~~ Public Enemy’s 13th album was titled “ Man Plans, God Laughs.” And randomness is served up daily.

Banking 345

Banking Planning Economics Investments 345

The Big Picture

FEBRUARY 25, 2025

The transcript from this weeks, MiB: Charley Ellis on Rethinking Investing , is below. Charlie Ellis is just a legend in the world of investing. He was chairman of the Yale’s Endowment Investment Committee and his, not only did he write 21 books, his new book, rethinking Investing, is just a delightful snack.

Investments 162

Investments Investing Management Engineering 162

Wealth Management

JULY 16, 2024

BlackRock’s plans to leverage its recent acquisition of Preqin to build private market ETFs have drawn skeptics, reports the Financial Times. These are among the investment must reads we found this week for wealth advisors. Fortune profiled nine executives in the burgeoning private credit arena.

Investing 300

Investing Investments Wealth Advisor Planning 300

Nerd's Eye View

FEBRUARY 5, 2025

However, HSAs require individuals to be covered by a High Deductible Health Plan (HDHP), which has tradeoffs compared to traditional health insurance plans. While HDHPs are often expected to come with higher deductibles than traditional plans, these deductibles may be higher than they appear.

Accounting 234

Accounting Taxes Medical Healthcare 234

Wealth Management

MAY 1, 2024

While corporate pension plans have adopted alternative investment options, such as private equity and credit, 401(k) plan managers face big obstacles to accessing the space, Cerulli survey shows.

Planning 290

Planning Management Investing Investments 290

Wealth Management

NOVEMBER 11, 2024

Creative Planning's purchase of the Lawrence-based RIA Edmonds Duncan comes several weeks after TPG Capital announced a minority investment into the Peter Mallouk-led RIA.

Planning 290

Planning Investing Investments 290

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 240

Financial Advisor Insurance Tax Planning Taxes 240

Nerd's Eye View

FEBRUARY 11, 2025

Read More.

Planning 163

Planning Valuation Financial Advisor Sales 163

Nerd's Eye View

DECEMBER 20, 2024

Together, these proposed changes (which are currently open for public comment) suggest CFP Board is seeking to ensure that those with the marks not only have sufficient education and experience upon receiving them, but also maintain and sharpen their skills over the course of their careers.

Financial Planner 246

Financial Planner Certification CFP Education 246

Wealth Management

MAY 30, 2024

“We see the broad RIA community as a very attractive client base for Goldman Sachs,” according to President and COO John E.

Planning 292

Planning Investing Investments Clients 292

Wealth Management

MARCH 19, 2024

Partners Group is dipping its toes into royalties investing with plans to debut a fund for the wealth channel eventually. These are among the investment must reads we found this week for wealth advisors. Grayscale has signaled that it intends to lower fees on its Bitcoin ETF.

Investing 273

Investing Investments Wealth Advisor Planning 273

Wealth Management

JUNE 11, 2024

Family offices plan to be active acquirers of stakes in private companies, according to a study by BNY Mellon Wealth Management. These are among the investment must reads we found this week for wealth advisors. ETF.com looked at how inflation and expectations on potential interest rate cuts is affecting rate-sensitive ETFs.

Investing 264

Investing Investments Wealth Advisor Wealth Management 264

Nerd's Eye View

NOVEMBER 6, 2024

In the early days of financial planning, serving clients often meant developing transactional relationships focused on facilitating trades and selling insurance. Over time, advisors shifted toward more analytical approaches, such as investment management and retirement planning.

Clients 130

Clients Planning Financial Planner Financial Planning 130

The Big Picture

JANUARY 17, 2025

and that we all need to understand about money, life satisfaction, and planning. Previously, he served as President, overseeing Barings investments, sales, operations, and technology organizations. Last summer, Jonathan received a terminal diagnosis and announced it at his site and on social meda. He explains why Dying is hard work.

Wealth Management 321

Wealth Management Financial Services Education Insurance 321

Calculated Risk

DECEMBER 4, 2024

Sales of farm equipment were a notable headwind to overall investment activity, and several contacts expressed concerns about the future prices of equipment given ongoing weakness in the farm economy. Still, contacts generally reported financing remained available.

Economics 278

Economics Economy Sales Investments 278

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 229

Financial Planner Commission Communication Clients 229

Nerd's Eye View

NOVEMBER 15, 2024

Also in industry news this week: NASAA has proposed an amendment to its broker-dealer conduct model rule that would restrict the use of the terms “advisor” and “adviser” for broker-dealers and their registered representatives who are not also investment advisers or investment adviser representatives A recent study suggests that (..)

Financial Planner 246

Financial Planner Asset Allocation Taxes Tax Planning 246

Abnormal Returns

OCTOBER 28, 2024

youtube.com) The biz Why Hightower Advisors is buying an institutional investment consultant. advisorperspectives.com) Advisers A plan for onboarding client service associates. advisorperspectives.com) Financial planning CAN change lives. riabiz.com) Why XYPN felt they needed to launch Sapphire.

Risk Tolerance 275

Risk Tolerance Retirement Consulting Financial Planning 275

Nerd's Eye View

JANUARY 20, 2025

There is no shortage of written content available for financial advisors to enhance their technical skills, grow in their careers, and run more successful planning practices, from books to research studies to long-form written content.

Financial Advisor 246

Financial Advisor Financial Advice Financial Planner Estate Planning 246

A Wealth of Common Sense

DECEMBER 8, 2024

Not all investment mistakes are created equal. Here’s a look at Ben’s hierarchy of investment mistakes: Annoying mistakes.These are the investment mistakes that can cause regret but don’t necessarily wreck your plan. Some are annoying. Some are self-inflicted. Some are painful.

Investing 129

Investing Investments Planning 129

Nerd's Eye View

FEBRUARY 4, 2025

What's unique about Cristina, though, is how her firm supports clients in the so-called "sandwich generation" by both creating a financial plan for the clients' personal financial needs and goals, and by addressing (often with a separately paid add-on financial planning engagement) the financial issues facing their aging (and frequently less financially (..)

Financial Advisor 229

Financial Advisor Clients Financial Planning Planning 229

Nerd's Eye View

JANUARY 21, 2025

What's unique about Daniel, though, is how his firm has expanded its tax focus to include "in-house" tax return preparation for its clients as a one-stop shop, but actually outsources the tax preparation work itself to trusted CPAs that he pays out of his own revenue (rather than bringing this service fully in-house) so that he can focus his staff (..)

Taxes 209

Taxes Tax Planning Financial Advisor Compensation Planning 209

Abnormal Returns

NOVEMBER 6, 2024

morningstar.com) Barry Ritholtz talks shareholder yield with Meb Faber of Cambria Investments. podcasts.apple.com) Taxes A year-end tax planning checklist. marknewfield.substack.com) How to look for holes in your financial plan. contessacapitaladvisors.com) Four steps to an estate plan. They aren't going up in value.

Estate Planning 173

Estate Planning Tax Planning Retirement Taxes 173

Abnormal Returns

JANUARY 10, 2024

slate.com) Financial plans Your financial plan should start with your goals. peterlazaroff.com) Why financial plans eventually become obsolete. (slate.com) How to streamline your wardrobe without wearing the same thing every day. thefinancialbodyguard.com) Why financial goals need to have a why behind them.

Investing 268

Investing Investments Financial Planning Retirement 268

Nerd's Eye View

JANUARY 17, 2025

Also in industry news this week: A recent survey indicates that members of Generation X are struggling more with retirement planning compared to older Baby Boomers and younger Millennials, potentially offering opportunities for financial advisors to help Gen Xers create a plan to 'catch up' when it comes to both their retirement savings and their financial (..)

Financial Planner 246

Financial Planner Retirement Planning Retirement Financial Advisor 246

Nerd's Eye View

JANUARY 31, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that following the change of administration (and a new incoming chair of the SEC), the Investment Adviser Association is seeking to find ways to help RIAs (particularly smaller firms) manage the compliance responsibilities they (..)

Financial Planner 245

Financial Planner Retirement Planning Compliance Taxes 245

Wealth Management

MARCH 13, 2025

The arbitration award concerned a Stifel brokers investments in structured notes, while the firm argued the clients were sophisticated and understood the risks.

Planning 247

Planning Clients Investing Investments 247

Wealth Management

SEPTEMBER 30, 2024

TPG will join General Atlantic, which made its own minority investment in the firm in 2020. CEO Peter Mallouk will keep his majority stake and continue to lead the firm.

Planning 271

Planning Investing Investments 271

Wealth Management

AUGUST 6, 2024

Michael Conway shares how advisors at his firm, Conway Wealth, prioritize a deep understanding of each client’s values and put health and well-being at the center of the planning conversation.

Clients 287

Clients Investing Investments Planning 287

Nerd's Eye View

JANUARY 24, 2025

Nonetheless, given the scale and brand awareness of the wirehouses, and as their own use of fee-based models increases (as opposed to primarily relying on commissions from selling products), competition for clients (and advisors) will likely remain stiff going forward, even amidst the favorable trends for RIAs Also in industry news this week: A recent (..)

Financial Planner 246

Financial Planner Asset Allocation Clients Commission 246

Nerd's Eye View

MARCH 3, 2025

This month's edition kicks off with the news that Morningstar Office will be shutting down in early 2026 as a part of Morningstar's ongoing effort to refocus on its core investment data and analytics business – forcing advisors currently using the tool to switch (which might be a net positive for many of those advisors who have long complained (..)

Estate Planning 174

Estate Planning Portfolio Management Communication Planning 174

Wealth Management

SEPTEMBER 9, 2024

Attendees got heated talking about record keepers investing in and promoting services that compete with advisors.

Wealth Advisor 282

Wealth Advisor Planning Investing Investments 282

Wealth Management

JANUARY 10, 2025

A survey conducted in October by Ocorian found higher-for-longer rates are impacting investment hold period expectations.

Wealth Management 263

Wealth Management Management Planning Investing 263

Abnormal Returns

JANUARY 8, 2025

Podcasts Ryan Morrissey talks with Larry Swedroe author of "Enrich Your Future: Keys to Successful Investing." youtube.com) Peter Lazaroff on the need for professional help in retirement planning. fortunesandfrictions.com) Just because financial plans change, doesn't mean planning is useless.

Retirement Planning 147

Retirement Planning Budgeting Financial Planning Planning 147