Nerd's Eye View

MARCH 4, 2024

Welcome to the March 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!

Startup 184

Startup Wealth Management Clients Portfolio 184

Nerd's Eye View

FEBRUARY 21, 2024

The law's provisions became effective on January 1, 2024, and so many small businesses – including a good number of RIA firms – will be required to submit a Beneficial Ownership Information (BOI) report to the Treasury Department's Financial Crimes Enforcement Network (FinCEN).

Insurance 163

Insurance Numbers Clients Business Planning 163

Your Richest Life

MAY 10, 2024

Americans will be traveling in record numbers this summer, and they plan to do it on a budget. According to NerdWallet’s 2024 summer travel survey , about 45 percent of Americans will be booking a flight or a hotel stay this summer. For example, according to Expedia , the last week of June is the most expensive for travel.

Budgeting 52

Budgeting Fee Only Planning CFP 52

Nerd's Eye View

AUGUST 2, 2023

Which means that financial advisors can play an important role in adoption planning – helping clients strategically plan for the costs involved in the process, including accessing tax credits that can significantly defray these expenses. At the same time, adoption can be expensive, with costs that can add up to $70,000 or more.

Taxes 211

Taxes Planning Financial Advisor Strategic Planning 211

Your Richest Life

APRIL 30, 2024

The past few years have been particularly difficult for home buyers, and 2024 buyers are facing many of those same challenges. Home Sales and Inventory Housing inventory has been sitting at historic lows for the past few years, but we are finally starting to see an uptick in 2024. As of April 2024, mortgage rates are sitting at 7 to 7.5

Fee Only 52

Fee Only CFP Retirement Sales 52

Nerd's Eye View

DECEMBER 22, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that Envestnet has published research highlighting a number of key trends that they believe will shape the growth of the advisory industry in 2024 and beyond, which reflect at a high level advisors' ongoing shift towards providing (..)

Financial Planner 214

Financial Planner Fee Only Tax Planning Retirement 214

Your Richest Life

APRIL 15, 2024

Do you have a plan in place for your retirement? For many people, the extent of their retirement planning includes signing up for the plan at work – which is often more of a starting point than a comprehensive retirement plan. Some 457 plans can allow for Roth contributions and in-plan rollovers.

Retirement Planning 52

Retirement Planning Retirement Planning Taxes 52

Carson Wealth

FEBRUARY 29, 2024

It’s a simple, human act – one that seems like it shouldn’t take too much planning to do it correctly. What do you need to consider about gifting as it relates to your overall estate plan? Let’s take a closer look at estate and gift taxes and how you can approach them with a financial planning mindset. Taxes on Giving???

Taxes 96

Taxes Financial Planning Planning Estate Planning 96

Nerd's Eye View

APRIL 19, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that CFP Board announced that it has crossed the milestone of 100,000 CFP professionals in the United States, and despite having just celebrated its 50th anniversary last year, just set a record high in the number of advisors sitting (..)

Financial Planner 239

Financial Planner CFP Financial Advisor Retirement Planning 239

Walkner Condon Financial Advisors

FEBRUARY 15, 2024

As we move into 2024, we must consider the important factors causing this trend and affecting the future of charitable giving. Whichever way you look at it, 2024 will bring uncertainty for a vast swath of the nonprofit sector, making planning and charitable spending more conservative and less dependable.

Nonprofit 89

Nonprofit Distribution Taxes Government 89

Calculated Risk

MAY 2, 2024

Here is their weekly report: Weekly Housing Trends View—Data Week Ending April 27, 2024 • Active inventory increased, with for-sale homes 33.3% As mortgage rates have climbed to new 2024 highs, we could see sellers adjust their plans, since nearly three-quarters of potential sellers also plan to buy a home. •

Sales 117

Sales Planning Numbers Marketing 117

Ballast Advisors

OCTOBER 6, 2023

2022 Key Numbers Plan Your Finances as You Would Your Exercise 2021 Year-End Tax Tips 1 2 3 Next » Claim the Home Energy Audit Tax Credit: IRS Guidance Explained 7 Tips to Navigate Healthcare Over 65 What’s Happening in the World of Higher Education?

Financial Planning 52

Financial Planning Planning Financial Planner Healthcare 52

Nerd's Eye View

JANUARY 26, 2024

Also in industry news this week: A House committee has advanced a bill that would extend several expired business-related tax measures from the Tax Cuts and Jobs Act and would increase the value of the Child Tax Credit The SEC released its examination priorities for 2024, which include a focus on advisers' adherence to their duty of care and duty of (..)

Financial Planner 186

Financial Planner Retirement Planning Financial Advisor Retirement 186

Nerd's Eye View

JANUARY 19, 2024

Nevertheless, there is potential for many individual RIAs to expand their staffing further, with the addition of specialized planning and operations roles being seen as a potential avenue to boost firm growth.

Financial Planner 213

Financial Planner Fiduciary Duty Retirement Retirement Planning 213

Cornerstone Financial Advisory

FEBRUARY 5, 2024

The Federal Open Market Committee’s (FOMC) news unsettled investors, who anticipated that rates would remain unchanged but expected more specific guidance on the Fed’s plan to lower interest rates. 2 Source: YCharts.com, February 3, 2024. CNBC.com, January 29, 2024 2. The Wall Street Journal, January 31, 2024 3.

Marketing 82

Marketing Marketing Taxes Economics 82

Nerd's Eye View

FEBRUARY 23, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that while both the total number of RIAs and advisor headcount have seen significant gains in recent years, client assets remain concentrated among the largest firms, according to data from Cerulli Associates, with the 7% of RIAs (..)

Financial Planner 194

Financial Planner Certification CFP Financial Advice 194

Cornerstone Financial Advisory

JANUARY 2, 2024

The four-week moving average, which better illustrates jobless claim trends, was little changed, coming in at 212,000; this was the lowest number since late October. 5 Continuing jobless claims, which measures the number of individuals collecting unemployment benefits, was flat from the previous week at 1.88 Copyright 2024 FMG Suite.

Taxes 83

Taxes Investment Advisor Numbers Investing 83

Trade Brains

MARCH 29, 2024

Bharti Hexacom IPO Review 2024: Bharti Hexacom is coming up with its IPO issue of Rs. 4,275 Cr which will open on 3rd April 2024. The issue will close on 5th April and be listed on the exchange on 12th April 2024. Both FY21 & FY22 saw exceptional gains/losses that distorted numbers from normalized earnings.

Government 59

Government Communication Valuation Consulting 59

Nerd's Eye View

DECEMBER 25, 2023

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. Read More.

Financial Advisor 200

Financial Advisor Financial Planner Insurance Clients 200

MarketWatch

MAY 3, 2023

Jefferies is one of two dozen primary dealers that act as trading counterparties of the Federal Reserve’s New York branch, and help to implement monetary policy.Treasury’s buyback plan was included in the department’s quarterly refunding statement on Wednesday. They would introduce a number of risks,” said Simons of Jefferies.

Planning 76

Planning Marketing Marketing Government 76

Nerd's Eye View

SEPTEMBER 22, 2023

The group argued that this change would help more small firms, which tend not to have the same staffing and resources compared to their larger counterparts, as the SEC contemplates a growing number of new and amended rules.

Financial Planner 194

Financial Planner Clients Taxes Numbers 194

Nerd's Eye View

NOVEMBER 24, 2023

Also in industry news this week: A recent survey indicates that about 98% of clients are at least somewhat satisfied with their financial advisor and that an advisor’s ability to provide peace of mind when it comes to finances is a key driver of this satisfaction A study indicates that advisors can potentially boost client referrals by using (..)

Financial Planner 214

Financial Planner Communication Insurance Advertising 214

Calculated Risk

APRIL 28, 2024

Here is their weekly report: Weekly Housing Trends View—Data Week Ending April 20, 2024 • Active inventory increased, with for-sale homes 31.7% As mortgage rates have climbed to new 2024 highs, we could see sellers adjust their plans, since nearly three-quarters of potential sellers also play to buy a home. from one year ago.

Sales 108

Sales Numbers Planning Marketing 108

Carson Wealth

MARCH 26, 2024

By Mike Valenti, CPA, CFP®, Director,Tax Planning LLCs can provide legal protections and a level of anonymity, either or both of which can be beneficial for business owners, investors, and others with valid intentions. NOTE: Applicable entities created in 2024 have 90 days from creation to file the report.

License 129

License Tax Planning CFP Taxes 129

Calculated Risk

APRIL 22, 2024

From the MBA: Share of Mortgage Loans in Forbearance Remains at 0.22% in March The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance remained unchanged at 0.22% as of March 31, 2024. According to MBA’s estimate, 110,000 homeowners are in forbearance plans.

Numbers 55

Numbers Planning Portfolio Marketing 55

Harness Wealth

MARCH 5, 2024

In this guide, we’ll explore the average fees of tax advisors in the US for 2024. Fixed per-service fees: Some tax advisors charge a set fee for individual services that allows for predictable but flexible billing based on the number and complexity of services. Between $100 and $500 per hour.

Taxes 52

Taxes Tax Planning Ethics Education 52

Zoe Financial

MAY 12, 2024

Market Drama Featuring Zoe CEO & Founder, Andres Garcia-Amaya, CFA May 13, 2024 Watch Time: 3 minutes Welcome to this week’s Market Drama! Earnings are driving market action: 92% of S&P 500 companies have reported for Q1 2024. Stock Market Updates: The S&P 500 was up 1.9% for the week, up 9.5% for the week, up 8.9%

Marketing 52

Marketing Marketing Economics Taxes 52

Calculated Risk

MAY 9, 2024

Here is their weekly report: Weekly Housing Trends View—Data for Week Ending May 4, 2024 • Active inventory increased, with for-sale homes 35.1% As mortgage rates have climbed to new 2024 highs, we could see sellers adjust their plans, since nearly three-quarters of potential sellers also plan to buy a home.

Sales 66

Sales Planning Numbers Marketing 66

MarketWatch

MAY 26, 2023

NWL dropped more than 3% in the extended session Friday after the consumer products company behind brands such as Rubbermaid and Elmer glue said it was embarking on a restructuring and savings plan intended to “streamline” its North American distribution network. The goal is to improve the company’s cost structure, Newell Brands said.

Planning 52

Planning Distribution Taxes Numbers 52

Calculated Risk

MARCH 18, 2024

From the MBA: Share of Mortgage Loans in Forbearance Holds Steady at 0.22% in February The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance remained unchanged at 0.22% as of February 29, 2024. Mortgage servicers have provided forbearance to approximately 8.1

Portfolio 59

Portfolio Planning Taxes Numbers 59

Zoe Financial

APRIL 8, 2024

Market Drama Featuring Zoe CEO & Founder, Andres Garcia-Amaya, CFA April 08, 2024 Watch Time: 3 minutes Welcome to this week’s Market Drama! Friday payroll number was higher than expected. Stock Market Updates: The S&P 500 was down 1% for the week. Dow Jones was down even more, 2.3%. Unemployment ticked down to 3.8%.

Marketing 52

Marketing Marketing Taxes Economics 52

MainStreet Financial Planning

JANUARY 17, 2024

All families with students who will be starting or continuing college in the 2024-2025 school year should complete the new FAFSA. Regardless of your income, you should plan on completing the FAFSA. The direct IRS import of tax data and smart question skip technology reduced the number of questions.

Taxes 93

Taxes Planning Financial Planning Government 93

Calculated Risk

FEBRUARY 20, 2024

From the MBA: Share of Mortgage Loans in Forbearance Decreases Slightly to 0.22% in January The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 1 basis point from 0.23% of servicers’ portfolio volume in the prior month to 0.22% as of January 31, 2024.

Portfolio 59

Portfolio Planning Economics Numbers 59

Tobias Financial

MARCH 10, 2024

We are excited to bring you this valuable resource that goes beyond the numbers, offering insights to empower you to make well-informed financial decisions. Tap into Chad’s wealth of experience and analytical acumen, as he provides you with a concise overview of the most recent market developments.

Marketing 52

Marketing Marketing CFP Portfolio Management 52

Trade Brains

NOVEMBER 7, 2023

Best Financial Markets to Trade : Are you looking to explore the best financial markets to trade in 2024? It is obvious that we may occasionally get confused in our decision-making when faced with the many different pieces of advice regarding financial planning, trading, and investments. Best Financial Markets To Trade in 2024 1.

Financial Market 59

Financial Market Marketing Marketing Banking 59

Tobias Financial

FEBRUARY 20, 2024

We are excited to bring you this valuable resource that goes beyond the numbers, offering insights to help you make well-informed financial decisions. Chad’s experience and analytical prowess will be at your fingertips every month as he provides a brief overview of the latest market trends.

Marketing 52

Marketing Marketing CFP Numbers 52

Random Roger's Retirement Planning

AUGUST 17, 2023

This article obviously favors more stocks but an interesting thing not said was at what number would it make sense to just flip from individual holdings to mutual funds and ETFs. I didn't buy stocks in 2004 thinking about 2024 or 2034 but I take from his post that Six Bravo does think is those terms.

Numbers 62

Numbers Portfolio Math Portfolio Management 62