Abnormal Returns

FEBRUARY 26, 2024

riabiz.com) Alts How to talk to your clients about alternative investments. advisorperspectives.com) A look at the donor advised fund industry including 'Nearly half of all DAFs (49%) had total assets at the end of 2021 of less than $50,000.' (kitces.com) The biz How Altruist has gained ground in the custody space.

Wealth Management 290

Wealth Management Financial Services Retail Insurance 290

The Big Picture

SEPTEMBER 3, 2022

The signs of volatility were increasing in December 2021 and the NYSE was able to manage the massive influx of orders and messages — half a trillion buy and sell messages per day with a 30 microsecond response time. Citi Global Wealth manages more than $800B in Client Assets, and North America accounts for about half of that business.

Wealth Management 311

Wealth Management Banking Accounting Management 311

The Big Picture

OCTOBER 18, 2022

At the beginning of each quarter, I prepare a short but in-depth conference call for RWM clients. Previously : How Everybody Miscalculated Housing Demand (July 29, 2021). The team & I put together the most revealing and informative slides. In that half hour, I blow through ~40 slides that capture and explain what is going on.

Budgeting 363

Budgeting Economy Taxes Numbers 363

Nerd's Eye View

OCTOBER 28, 2022

From there, we have several articles on practice management: A new report shows that RIA profitability and AUM soared in 2021, buoyed by a strong stock market and new client growth. How advisors can approach working with ultra-wealthy clients, who are increasingly focused on building dynastic wealth. Read More.

Financial Planner 246

Financial Planner Clients Valuation Management 246

Nerd's Eye View

JUNE 10, 2024

client retention rates remaining robust, and at least a bit of client referral growth trickling in. It quickly became a perennial favorite on Nerd's Eye View, and so I've updated it every year, with new lists of books in 2014 , 2015 , 2016 , 2017 , 2018 , 2019 , 2020 , 2021 , 2022 , and a fresh round last year in 2023.

Financial Advisor 245

Financial Advisor Financial Planner Clients Communication 245

Nerd's Eye View

OCTOBER 25, 2022

Chad is the founder of WealthKeel, an independent virtual RIA based in Tampa, Florida that advises on over $100 million of assets for 110 client households.

Clients 130

Clients Financial Advisor Communication Financial Planning 130

Nerd's Eye View

MAY 1, 2024

A little over 20 years ago, when the Internet was still just a few years into gaining widespread use, the SEC understood its potential to transform how financial advisory firms conducted business with the ability to deliver advice digitally, lowering the barriers to serve clients across the country.

Investing 246

Investing Investments Compliance Clients 246

Calculated Risk

SEPTEMBER 20, 2023

This follows a period of robust growth in 2021 and 2022. While inquiries into new projects remained relatively strong in August, the value of newly signed design contracts declined for the first time since April, indicating that fewer clients signed contracts for new projects than in the prior three months. Any score below 50.0

Investing 312

Investing Investments Clients 312

The Big Picture

OCTOBER 7, 2022

If only the Fed didn’t do X, our portfolio would have been much better” seems to be a terrible approach to managing assets for clients. During the same period of time, the S&P 500 rose 67.9% (2020) and 28.7% (2021). All too often, Fed criticism is thinly-veiled excuse-making for underperforming alpha chasers. “If

Banking 336

Banking Economics Portfolio Assets 336

Nerd's Eye View

OCTOBER 21, 2022

Also in industry news this week: The wealth of those in the Millennial and Generation Z cohorts increased by 25% in 2021 and members of these generations are willing to pay for financial advice, according to a new study. How advisors can help clients review their Medicare coverage as the annual open enrollment period begins.

Financial Planner 229

Financial Planner Retirement Planning Retirement Insurance 229

Financial Symmetry

AUGUST 1, 2022

Financial Symmetry is thrilled to promote Sam Knighton to Client Service Associate. Sam joined our team in 2019 as our Administrative Assistant and after maternity leave transitioned into a virtual admin role in 2021. The post FSI Promotes Sam Knighton to Client Service Associate appeared first on Financial Symmetry, Inc.

Clients 98

Clients 98

Nerd's Eye View

JANUARY 16, 2023

The 2021 Kitces Research Report on What Actually Contributes To Advisor Wellbeing reinforced the idea that the happiest advisors feel in control over their time. And likewise, for advisors themselves, one of the ways to stay happy and thriving is to have the ability to spend time doing what one finds is most valuable or fulfilling.

Financial Planning 246

Financial Planning Clients Planning Financial Advisor 246

eMoney Advisor

APRIL 4, 2023

1 But have you been putting any effort into ensuring you will continue to work with the heirs of this wealth when your older clients hand it over? Financial advisor client education can play a crucial role in providing the knowledge and life skills they’ll need to oversee and sustain their inherited wealth.

Education 97

Education Financial Advisor Clients Planning 97

The Big Picture

MAY 9, 2024

No audited returns, mathematically improbable claims, and zero accountability But none of these “influencers” sell securities to clients, so they do not fall under the regulatory oversight of the Securities and Exchange Commission (SEC).2 2 Sure, you can claim mainstream media is bad, but social media is worse.

Media 336

Media Taxes Math Investing 336

Nerd's Eye View

AUGUST 12, 2022

Also in industry news this week: FINRA has submitted a revised proposal to reform the process for broker-dealers to request expungement of client disputes from their public record, which allows state securities regulators to be informed of and involved in the arbitration hearings that decide whether the expungement is granted.

Financial Planner 244

Financial Planner Retirement Healthcare Numbers 244

Calculated Risk

APRIL 24, 2024

While inquiries into new projects have continued to grow during that period, it has been at a slower pace than in 2021 and 2022. This shows that clients are interested in starting new projects but remain hesitant to sign a contract and officially commit to those projects. Click on graph for larger image.

Economics 240

Economics Clients Investing Investments 240

Trade Brains

AUGUST 17, 2024

List of Biggest Stockbrokers in India 2024: In this article, we are going to look at the 15 Biggest Stockbrokers in India based on their total number of unique active clients. And this leads to a lot of trouble for their current clients. There are over 4900 stockbrokers in India registered with SEBI and different stock exchanges.

Clients 98

Clients Numbers Startup Accounting 98

Nerd's Eye View

JUNE 12, 2023

Firms that were returning to the office have done so, those that are staying remote are remaining as such, and either way most advisory firms have figured out how to continue to service and retain clients, and are slowly adapting to finding new (or reinvigorating old) paths to grow at least slowly once again.

Financial Advisor 246

Financial Advisor Financial Planner Professional Services Clients 246

The Big Picture

SEPTEMBER 13, 2023

He was one of the market’s most insightful observers and served clients with great distinction. Previously : MiB: Laszlo Birinyi (September 13, 2014) How News Looks When Its Old (October 29, 2021) The post Birinyi’s Axioms appeared first on The Big Picture. You are the only judge of experts. Free advice is not worth it.

Media 219

Media Clients Investing Investments 219

BlueMind

NOVEMBER 24, 2022

Category: Client Relations. The demands of high-net-worth clients are no small feat and can be challenging and daunting to deal with, to say the least. However, acquiring and retaining an HNW client is every financial advisor’s dream. Related: Effective Strategies To Deal With Difficult Clients.

Clients 98

Clients Insurance Financial Advisor Assets 98

The Big Picture

NOVEMBER 20, 2023

My firm RWM uses Canvas for those clients who want their portfolios to reflect their values. Our internal reviews show RWM clients use direct indexing (in order of popularity) t0 A) Tax loss harvest to offset capital gain taxes; 2) Reduce exposure to the market sector of their employer/stock options; 3) Express ESG views in what they own.

Taxes 195

Taxes Portfolio Investing Investments 195

The Chicago Financial Planner

AUGUST 24, 2021

While Bernie Madoff passed away in April of 2021, financial fraud is still very much an issue. He even sent his own client statements. Several years ago, an advisor allegedly took client funds from accounts at Schwab by forging their signatures. Financial fraud is all over the news. Affinity Fraud.

Financial Advisor 191

Financial Advisor Financial Planner Accounting Retirement 191

The Big Picture

MARCH 6, 2023

Barron’s ) • Why It’s So Hard for China to Shake the ‘Uninvestable’ Tag : In 2021, Goldman Sachs said the word was starting to feature in a number of client conversations about the country’s stocks. Maybe they should try turning the whole thing on and off. Bloomberg ) see also How Much is the Rule of Law Worth to Markets?

Retirement Planning 282

Retirement Planning Transportation Valuation Consulting 282

Random Roger's Retirement Planning

JUNE 3, 2025

BTAL is a client and personal holding. As we looked at the other day, technology as represented by client holding IYW tends to go up more than the broad market and it also tends to go down more. From 2010, through 2021, the S&P 500 only had one down year. The blending accomplishes a sophisticated outcome.

Portfolio 59

Portfolio Marketing Marketing Clients 59

Abnormal Returns

FEBRUARY 10, 2024

sixcolors.com) Therapy Why some therapists are getting their clients outside into nature. msn.com) A controversial 2021 study on mifepristone has been retracted. (wsj.com) Apple Do we really need another screen, aka the Vision Pro? gq.com) A hands-on experience with the Apple ($AAPL) Vision Pro.

Financial Advising 264

Financial Advising Food Insurance Media 264

Nerd's Eye View

JULY 17, 2023

Accordingly, in 2020 the North American Securities Administrators Association (NASAA) introduced a Model Rule for the first-ever CE obligation for Investment Adviser Representatives (IARs) to maintain their Series 65 license after initially obtaining it.

Ethics 244

Ethics Financial Advice CFP Financial Advisor 244

The Big Picture

MARCH 16, 2023

My concern is how these preliminary half-truths and misinformation can tempt clients into making bad decisions with their capital. For some context , deposits at SVB jumped from almost $62 billion in January 2020 to over $189 billion by the end of 2021. Don’t get angry; opportunism just comes with the territory.

Banking 340

Banking Accounting Insurance Marketing 340

Nerd's Eye View

AUGUST 12, 2022

Also in industry news this week: FINRA has submitted a revised proposal to reform the process for broker-dealers to request expungement of client disputes from their public record, which allows state securities regulators to be informed of and involved in the arbitration hearings that decide whether the expungement is granted.

Financial Planner 174

Financial Planner Retirement Healthcare Numbers 174

Calculated Risk

OCTOBER 18, 2023

"While more firms are reporting a decrease in billings, the report also shows the hesitance among clients to commit to new projects with a slump in newly signed design contracts. months on average in the third quarter, their lowest level since the fourth quarter of 2021." As a result, backlogs at architecture firms fell to 6.5

Investing 182

Investing Investments Clients 182

eMoney Advisor

APRIL 18, 2023

Financial professionals are often guided to group their clients and prospects in accordance with segmentation guidelines. And this is a great starting point when trying to determine the best products and services for your specific client base. 2 When meeting with a new client, our first instinct is to ask them about their goals.

Clients 72

Clients Financial Planning Planning Financial Planner 72

The Big Picture

SEPTEMBER 12, 2022

They run over $800 billion in client assets, and Kristen’s group, the North American Group, is responsible for about half of the revenue that that massive organization generates. And it was this combination of being, like I said, kind of geeky, kind of quanti, but then being client-facing. I want to be client-facing.

Clients 299

Clients Wealth Management Banking Investing 299

The Big Picture

OCTOBER 14, 2023

Orbis partners are the single largest investor group in their own funds, paying the exact same fees, making them fully and unusually aligned with their clients. Previously : MiB: Adam Karr, Orbis Investments (January 16, 2021) Why Pay Alpha Prices for Beta? When they underperform, they refund as much as 25% of their performance fees.

Investing 182

Investing Investments Startup Management 182

Nerd's Eye View

DECEMBER 19, 2022

But a lawsuit to block the rule ultimately led to it (and the associated Title Protection for "financial planner") being vacated… by the FPA.

Financial Planner 242

Financial Planner CFP Certified Financial Planner Financial Planning 242

Indigo Marketing Agency

JANUARY 28, 2025

If a financial planner doesnt build a solid plan of ROI, their clients wont have a solid financial future. As you know, clients seeking financial services value trust above all. By the fourth quarter of 2020, Jim noticed a big uptick in referralsboth from existing clients and from new leads brought into his marketing campaign.

Financial Advisor 52

Financial Advisor Planning Marketing Marketing 52

Advisor Perspectives

JANUARY 10, 2024

The yield on the benchmark 10-year Treasury has risen approximately 360 basis points since the beginning of 2021, and it nearly hit 5% in late October. The turmoil in the bond market over the past three years has been dramatic. That has caused investors to question the value and role of a fixed-income allocation within portfolios.

Clients 72

Clients Portfolio Marketing Marketing 72

Zoe Financial

MARCH 10, 2025

Earnings Expectations Falling: Q4 2024 S&P 500 earnings: +18% YoY (strongest since 2021). Zoe Financial is not an accounting firm- clients and prospective clients should consult with their tax professional regarding their specific tax situation. imports, reaching levels seen in the 1930s.

Marketing 52

Marketing Marketing Economics Taxes 52

Million Dollar Round Table (MDRT)

JULY 17, 2022

By Bryce Sanders Financial advisors are trained to ask clients for referrals, and so from time to time we ask, “Do you know anyone I can help?” Put on the spot, though, sometimes our clients’ minds go blank. Yet, happy clients can be your best advocates. Your client asked about a specific product.

Nonprofit 118

Nonprofit Financial Advisor Clients Sales 118