Nerd's Eye View

JUNE 11, 2024

In this episode, we talk in-depth about how Mark created a structured process to serve clients under the hourly model, including segmenting client engagements into 5 "levels" based on the complexity of their needs to match them with the right advisor, how Mark's firm uses those levels to provide accurate quotes for how many hours it will take to meet (..)

Planning 246

Planning Financial Advisor Financial Counseling Clients 246

Nerd's Eye View

FEBRUARY 28, 2024

Initial outreach to a financial advicer rarely (if ever) results from a prospective client waking up in the middle of the night in a cold sweat because they just figured out that they're in desperate need of a comprehensive financial plan.

Planning 246

Planning Financial Advice Financial Planning Clients 246

Nerd's Eye View

OCTOBER 16, 2024

Which, from a practical perspective, can help with understanding whether the client needs to boost tax withholding or estimated payments in anticipation of the AMT tax owed – but can also help with recognizing planning opportunities to either avoid AMT exposure or reduce its impact.

Taxes 246

Taxes Clients Planning Numbers 246

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 130

Financial Planning Planning Compliance Advertising 130

Nerd's Eye View

DECEMBER 11, 2024

Advisors want to help clients set a secure, reliable retirement plan, yet even the most comprehensive assumptions will inevitably deviate from reality at least to some degree. The good news is that CMAs can still provide a range of realistic spending limits, and, even better, most financial plans are not static one-and-done roadmaps.

Retirement Planning 130

Retirement Planning Retirement Planning Marketing 130

Carson Wealth

DECEMBER 20, 2024

While many people approach their financial planning with careful strategy, its easy to overlook the same level of intention when it comes to charitable giving. Lets explore several potentially effective financial planning tools that may help you maximize your impact and meet your philanthropic goals. government.

Financial Planning 98

Financial Planning Planning Estate Planning Taxes 98

Nerd's Eye View

OCTOBER 29, 2024

Travis is the founder of Student Loan Planner, an RIA and student loan consulting company based in Chapel Hill, North Carolina that serves nearly 1,400 households with ongoing financial planning (as well as consulting with over 15,000 clients on student loan debt).

Consulting 243

Consulting Clients Financial Planning Compensation Planning 243

Nerd's Eye View

DECEMBER 3, 2024

What's unique about Eric, though, is how he was able to 10X his AUM to $50 million in just 3 years by focusing on working with his ideal target client (employees at big tech firms), which led to him breaking down his planning process into smaller bite-sized chunks… as he found that doing less at a time, stretched out over a longer period of time, (..)

Planning 130

Planning Financial Planning Financial Advisor Clients 130

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

Abnormal Returns

OCTOBER 23, 2024

(vox.com) Retirement savings The math behind tcontributing to your 401(k) plan. rationalwalk.com) How to fix 401(k) plans for the modern workforce. wsj.com) Estate planning Some Boomers are clinging to their wealth too tightly. awealthofcommonsense.com) Every adult needs an estate plan. signaturefd-3437664.hs-sites.com)

Estate Planning 279

Estate Planning Math Retirement Financial Planning 279

Nerd's Eye View

MAY 14, 2024

What's unique about Danielle, though, is how she has created a process she calls "Financial Fingerprints To Footprints ", where she helps clients who are struggling to implement their financial planning recommendations by working with them to unlock their money memories and help them understand how the financial lessons of their past may be creating (..)

Clients 246

Clients Financial Planning Financial Advisor Planning 246

Abnormal Returns

FEBRUARY 19, 2024

morningstar.com) The biz Creative Planning was able to retain some 60% of the United Capital assets. riabiz.com) XY Planning Network is launching a new in-house RIA, XYPN Sapphire. obliviousinvestor.com) Estate planning Changing an estate plan takes time. wealthmanagement.com) Do your clients have a digital estate plan?

Clients 280

Clients Estate Planning Wealth Management Financial Advice 280

Abnormal Returns

MAY 13, 2024

riabiz.com) Creative Planning is exploring its custody options. blogs.cfainstitute.org) How life events affect retirement planning. investmentecosystem.com) Reflections on eight years of running a financial planning practice. (barrons.com) Why Focus decided to merge Buckingham Strategic Wealth and The Colony Group.

Math 288

Math Retirement Planning Financial Advice Retirement 288

Nerd's Eye View

NOVEMBER 27, 2024

By integrating philanthropic planning into their services, advisors can add significant value to client relationships and provide more holistic planning. And when clients are enabled to support the causes closest to them, they experience the true impact of a financial plan that aligns with their personal legacy! Read More.

Clients 242

Clients Education Financial Planner Planning 242

Abnormal Returns

AUGUST 19, 2024

Podcast Jim Dahle talks with Michael Kitces talk about the state of the financial planning business. advisorperspectives.com) Advisers Creative Planning wants to meaningfully boost its number of wealth planning professionals. riabiz.com) Vanilla raised another round of capital.

Financial Planning 278

Financial Planning Insurance Planning Numbers 278

Abnormal Returns

OCTOBER 7, 2024

frazerrice.com) Creative Planning TPG just bought a big stake in Creative Planning. thinkadvisor.com) Creative Planning shows 'institutional investors are placing a premium on integrated wealth management businesses relative to aggregators.' citywire.com) Advisortech AI is coming for the compliance stack.

Compliance 290

Compliance Wealth Management Financial Advice Government 290

Abnormal Returns

JANUARY 29, 2024

kitces.com) Daniel Crosby talks with Jon Dauphiné of the Foundation for Financial Planning about the value of pro bono planning. theirrelevantinvestor.com) Planning Are you doing these seven things that represent 'real financial planning'? standarddeviationspod.com) Advisortech Advisers just want technology that works.

Financial Advising 263

Financial Advising Financial Planning Risk Management Clients 263

Abnormal Returns

SEPTEMBER 4, 2024

(morningstar.com) Early in retirement is the time to do some tax planning. nextavenue.org) Estate planning Mistakes to avoid in your estate planning. theretirementmanifesto.com) If you have a valuable collection you need a plan for its eventual disposition. whitecoatinvestor.com) On the challenges of solo aging.

Estate Planning 265

Estate Planning Retirement Tax Planning Planning 265

Abnormal Returns

OCTOBER 9, 2023

Podcasts Dan Haylett talks with George Kinder on the true impact of Life Planning on retirement. riabiz.com) A profile of Creative Planning's Peter Mallouk post the United Capital acquisition. citywire.com) Inside XYPN's plan to create a “corporate” RIA model. kitces.com) Advisers What to do if a client (or prospect) ghosts you.

CFP 300

CFP Education Financial Planning Planning 300

Nerd's Eye View

OCTOBER 7, 2024

Welcome to the October 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Clients 246

Clients B2B Estate Planning Planning 246

Abnormal Returns

JULY 10, 2024

humansvsretirement.com) Thomas Kopelman and Jacob Turner talk retirement planning with Taylor Schulte. podcasts.apple.com) Peter Lazaroff on how to integrate Social Security into your financial plan. nextavenue.org) Personal finance Don't let somebody else plan your financial life for you. How to help them net things down.

Retirement Planning 278

Retirement Planning Retirement Financial Planning Banking 278

Abnormal Returns

MARCH 4, 2024

(institutionalinvestor.com) Advisers Meghaan Lurtz, "When it comes to connecting emotions to goals, reflection questions can be an excellent way to help prospects identify the particular emotions that motivate them the most, which will ultimately help them stick to their financial plan." kitces.com) Orion Advisor Solutions is raising prices.

Recruitment 279

Recruitment Estate Planning Financial Planning Retirement 279

Abnormal Returns

APRIL 10, 2024

humansvsretirement.com) Estate planning Why you should update your estate plans periodically. obliviousinvestor.com) Estate planning should most importantly include talking about it. cntraveller.com) How Social Security fits within your retirement plan. wsj.com) Retirement Some reasons to go back to work after retiring.

Estate Planning 263

Estate Planning Retirement Planning Retirement Taxes 263

Nerd's Eye View

SEPTEMBER 16, 2024

For example, most Millennial and Gen Z clients can open their own investing account and buy index funds online with only minimal guidance from their advisor, so full-service investing might not offer enough value to a next-generation client to justify an ongoing planning fee.

Clients 246

Clients Planning Tax Planning Management 246

Abnormal Returns

NOVEMBER 1, 2023

wsj.com) 401(k) plans A 401(k) plan can serve as a substitute for a defined benefit plan provided you do all the right things. morningstar.com) The only good reason(s) to not max out your 401(k) plan. (washingtonpost.com) How joint accounts can help couples manage their money.

Retirement 291

Retirement Planning Accounting Management 291

Abnormal Returns

OCTOBER 14, 2024

riabiz.com) Estate planning Gifting is going to become more important as the TCJA expiration nears. kitces.com) Why it often takes a crisis to prompt movement on an estate plan. advisorperspectives.com) Four keys to succession planning. fa-mag.com) How the Dynasty deal came together.

Estate Planning 280

Estate Planning Financial Planner Wealth Management Retirement 280

Abnormal Returns

JANUARY 15, 2024

city-journal.org) Delayed Social Security claiming requires an explicit bridge plan. thinkadvisor.com) Advisers Financial planning is seeing a battle between growing complexity and rising technology. flowfp.com) Small businesses overstate the costs of starting a retirement plan. It hasn't happened. blairbellecurve.com)

Financial Planner 279

Financial Planner Wealth Management Retirement Planning Financial Advising 279

Abnormal Returns

FEBRUARY 21, 2024

(youtube.com) Retirement Why planning in retirement is so challenging. wsj.com) Dan Haylett talks retirement planning with Bec Wilson, author of "How to Have an Epic Retirement." (wsj.com) Dan Haylett talks retirement planning with Bec Wilson, author of "How to Have an Epic Retirement."

Retirement 275

Retirement Retirement Planning Portfolio Management Financial Advisor 275

Abnormal Returns

SEPTEMBER 9, 2024

Zack is the Director of Financial Planning and Participant Engagement of Greenspring Advisors. fa-mag.com) How to use the new digital estate planning platforms. kitces.com) How planning changes for the child-free. Podcasts Michael Kitces talks financial wellness with Zack Hubbard.

Financial Planner 277

Financial Planner Estate Planning CFP Financial Advice 277

Nerd's Eye View

MARCH 20, 2024

Monte Carlo simulations have become a central method of conducting financial planning analyses for clients and are a feature of most comprehensive financial planning software programs. However, the results of these simulations generally don't account for potential adjustments that could be made along the way (e.g., Read More.

Communication 246

Communication Clients Risk Tolerance Financial Planning 246

Abnormal Returns

OCTOBER 9, 2024

wsj.com) Another reminder that TreasuryDirect is a mess (wsj.com) Estate planning Why it often takes a crisis to prompt movement on an estate plan. humbledollar.com) Your financial plan should allow for occasional splurges. (awealthofcommonsense.com) Fixed income Some investors are finding out their CDs are callable.

Estate Planning 275

Estate Planning Insurance Retirement Financial Planning 275

Abnormal Returns

JUNE 5, 2024

ritholtz.com) Dan Haylett talks with Stephanie McCullough, founder of Sophia Financial, about the challenges facing women planning for retirement. beyond-wealth.com) How estate planning for blended families can go wrong. Podcasts Barry Ritholtz talks with Peter Mallouk about better managing your financial affairs.

Estate Planning 299

Estate Planning Retirement Planning Taxes 299

Abnormal Returns

SEPTEMBER 23, 2024

Podcasts Josh and Michael talk with Peter Mallouk, founder and CEO of Creative Planning. podcasts.apple.com) Thomas Kopelman and Jacob Turner talks estate planning for business owners. riabiz.com) Advisers How Peter Mallouk built Creative Planning into a $300 billion AUM powerhouse.

Wealth Management 278

Wealth Management Estate Planning Clients Management 278