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.

Financial Advisor 246

Financial Advisor Insurance Financial Planner Clients 246

Sara Grillo

MAY 23, 2022

What’s up with these “advice-only financial planners?” I am a CFA® charterholder and financial advisor marketing consultant. I am an irreverent and fun marketing consultant for financial advisors. What is an advice-only financial planner? The benefits of advice-only financial planners.

Financial Planner 52

Financial Planner CFP Financial Planning Education 52

MainStreet Financial Planning

MARCH 15, 2023

Even though the federal government has rescued SVB and guaranteed all deposits over the FDIC insurance limit of $250,000 per account, that doesn’t mean they will be doing it again for other banks. In the United States, any individual account with a balance of up to $250,000 at a bank is insured. and are not protected by SIPC.

Insurance Coverage 95

Insurance Coverage Insurance Accounting Banking 95

Carson Wealth

OCTOBER 26, 2022

I sort of think of tax loss harvesting as the eharmony of investment planning. At its core, it’s about matchmaking and there are three core steps to making it all work: Step 1: You identify equities in your taxable accounts — stocks, mutual funds, bonds, as examples — that aren’t performing well.

Taxes 98

Taxes Financial Planner Asset Allocation Portfolio 98

Park Place Financial

MARCH 10, 2022

Park Place Financial offers customized investment planning services to help each client achieve their financial goals while minimizing risk. Our certified financial planners (CFPs) can analyze your income to determine which investments may generate the most cash flow for the future. Related Posts.

Portfolio 52

Portfolio Certified Financial Planner Financial Planner Healthcare 52

International College of Financial Planning

DECEMBER 29, 2024

The CFP certification stands as the gold standard in financial planning, offering professionals a comprehensive pathway to excellence in this dynamic field. As markets evolve and client needs become more sophisticated, the demand for qualified financial planners continues to grow exponentially.

CFP 52

CFP Financial Planning Planning Certification 52

Clever Girl Finance

JANUARY 22, 2024

Don’t make any sudden decisions Before doing anything with your financial windfall, pause! Put the money into different types of bank accounts like savings or a money market account , and refrain from touching it during this waiting period. Consider splitting the amount between debt repayment, savings, and investing.

Management 98

Management Certified Financial Planner Financial Planner Taxes 98

Carson Wealth

DECEMBER 1, 2022

Most employer retirement plans allow you to save on a tax-deferred basis, meaning that contributions into these types of accounts are not considered in calculating your taxable income. . Retirement plans, such as 401(k) and 403(b) plans, allow employees to contribute a portion of their salary up to a federal limit ($20,500 in 2022).

Retirement Planning 72

Retirement Planning Risk Tolerance Retirement Budgeting 72

Good Financial Cents

AUGUST 11, 2022

If you have a million dollars to invest or anywhere close to that, the steps below can help you grow your money so it lasts a lifetime. Ad Robo-Advisors move with the market to ensure your investments. That plan that accounts for all your hopes, dreams, and wishes should then dictate the investments you choose.

Investing 110

Investing Investments Marketing Marketing 110

Carson Wealth

JANUARY 17, 2023

Retirement plans, such as 401(k) and 403(b) plans, allow employees to contribute a portion of their salary up to a federal limit ($20,500 in 2022). Qualified employer retirement plans allow tax-deferred growth, which means accounts are not subject to taxes on dividends or capital gains until proceeds are distributed at a later date.

Retirement Planning 52

Retirement Planning Financial Planner Certified Financial Planner Retirement 52

WiserAdvisor

JUNE 2, 2023

These professionals also hold expertise in various fields, such as retirement planning, tax management, estate planning, investment management, insurance, debt management, wealth management, and more. Generally, a financial planner charges fees at an hourly fee, by the project, or as a percentage of assets under management.

Financial Advisor 40

Financial Advisor Financial Planner Wealth Management Portfolio Management 40

Your Richest Life

SEPTEMBER 10, 2024

Or, if you plan to buy a house within the year and your down payment is sitting in the stock market, you might run the risk of losing that money in a down market before you buy. Make sure that the investments in your account reflect what you are trying to accomplish, both short and long term.

Investing 52

Investing Investments Risk Tolerance Financial Planner 52

Clever Girl Finance

MARCH 19, 2024

What does my savings account look like? And do I have any money invested? Make a budget Budgeting is a key part of how to create a financial plan that works. Track your spending A master plan for your money should be an accurate representation of your finances, which means accounting for exactly where your money is going.

Financial Planning 99

Financial Planning Planning Budgeting Insurance 99

Gen Y Planning

APRIL 3, 2023

Your advisor can help you create a comprehensive retirement savings plan tailored to your needs and includes a combination of tools, including 401(k)s or 403(b)s, IRAs, Roth IRAs, HSAs, brokerage accounts, and more. Thus, investing is a financial plan’s bread and butter.

Financial Advisor 52

Financial Advisor Tax Planning Retirement Taxes 52

Your Richest Life

JANUARY 16, 2024

They tell themselves they’ll look at their accounts next week or next month, but the idea of seeing the numbers in black and white can be intimidating. Once you know the reality of your situation, you can start making an actual plan to get closer to where you want to be. Try to stay the course, even if you make mistakes along the way.

Budgeting 52

Budgeting Financial Planner Numbers CFP 52

Workable Wealth

SEPTEMBER 16, 2020

Now it’s time to look at some key tools to keep in mind when investing in the stock market. . Remember, each strategy has its pros and cons so the best way to maximize them is working with a financial planner who’ll help your portfolio reflect the right risk with your financial goals. Let’s jump in. Diversification.

Investing 52

Investing Investments Asset Allocation Risk Tolerance 52

Clever Girl Finance

JULY 16, 2023

How much does a financial advisor cost? What to look for in a financial advisor: 5 Question to ask Where can I find a financial advisor? Are financial advisors the same as investment advisors? How a financial planner is different from a financial advisor Is it okay not to have a financial advisor?

Financial Advisor 52

Financial Advisor Financial Planner Certified Financial Planner Investment Advisor 52

Clever Girl Finance

JULY 16, 2023

How much does a financial advisor cost? What to look for in a financial advisor: 5 Question to ask Where can I find a financial advisor? Are financial advisors the same as investment advisors? How a financial planner is different from a financial advisor Is it okay not to have a financial advisor?

Financial Advisor 52

Financial Advisor Financial Planner Certified Financial Planner Investment Advisor 52

Sara Grillo

MAY 16, 2022

From the company’s ADV Part 2 brochure, as of May 16th, 2022: Fees are set as a fixed annual fee, paid quarterly, and based approximately on the total time required to service an account yearly. ” They base their fee on the estimated amount of time they’ll need to service your account. .” One Day in July.

Financial Advisor 52

Financial Advisor Financial Advice Financial Planner Assets 52

Workable Wealth

SEPTEMBER 30, 2020

Your portfolio is where you customize your investments to suit your needs. Portfolios are managed by individuals, money managers, or financial planners, and an investor can have multiple portfolios that serve distinct purposes. . This can be done through passive investment (remember that strategy from part two?).

Portfolio 52

Portfolio Investing Investments Government 52

Sara Grillo

DECEMBER 12, 2022

In the absence of a securities account, what value do you provide to your clients? ” Is it just the fees that are directly debited out of an account, or is the cost of a product (such as an insurance product) relevant? A critical question in the debate of financial advisor vs. broker is what is value? Scott Salaske.

Financial Advisor 52

Financial Advisor Commission Clients Insurance 52

Sara Grillo

AUGUST 14, 2023

According to the Consumer Federation of America , When they are marketing their services to the investing public and enticing clients into handing over their hard-earned savings, these sales-based financial professionals present themselves as “trusted advisors” whose only concern is their clients’ best interest.

Financial Advisor 52

Financial Advisor Fiduciary Duty Insurance Financial Advice 52

WiserAdvisor

MARCH 13, 2024

This article will discuss the five pillars of retirement planning and why they are a critical component of your retirement plan. It is instrumental in diversifying your portfolio , capitalizing on market opportunities, and safeguarding your financial future against the erosive effects of inflation.

Retirement Planning 105

Retirement Planning Retirement Planning Estate Planning 105

WiserAdvisor

NOVEMBER 21, 2022

As an individual or business owner, you have a unique set of circumstances, goals, and risk tolerance that are each necessary to consider when creating a successful financial plan. This is where a Certified Financial Planner (CFP) can step in. What is a Certified Financial Planner?

Certified Financial Planner 40

Certified Financial Planner Financial Planner CFP Financial Planning 40

The Big Picture

DECEMBER 28, 2022

RITHOLTZ: I read a crazy statistic somewhere, I don’t recall if it was in the book or elsewhere, in the state of Pennsylvania, the certified financial planners, something like 96% of them in the state work for Vanguard. And most people really ought to have a good investment plan, but they don’t. You may go.

Management 189

Management Investments Investing Clients 189

Sara Grillo

APRIL 10, 2023

If you have the wrong political views, access to your bank account could be at risk. The idea centered on the concepts of simplicity, keeping total investment costs and taxes extremely low and developing a custom investment plan for each client using low-cost asset class and index funds. That’s crazy.

Investing 52

Investing Investments CFP License 52

Sara Grillo

SEPTEMBER 26, 2022

Salaske: Yeah, I don’t agree with the CFP Board becoming any type of regulator whatsoever over financial advisors, financial planners, whatever you wanna call us in the advice space. Wright: Well, and to respond to that, if I may. The confusion is with the CFP.

CFP 59

CFP Financial Advisor Financial Planner Ethics 59

Sara Grillo

SEPTEMBER 12, 2022

In our debate we will discuss the following questions: The CFP Board harms consumer through its multi-million dollar ad campaigns by suggesting that CFPs are more ethical than non-CFP financial planners and by suggesting that its member standards are higher than those of regulatory agencies. Source: SEC. Source: CFP Board.

CFP 80

CFP Financial Planner Ethics Financial Planning 80