Nerd's Eye View

FEBRUARY 19, 2024

The 2024 Technology Tools for Today (T3) Advisor Conference, held last month in Las Vegas, Nevada, featured a large gathering of financial advisors and representatives from across the fintech industry. A continual thread through the conference was the ongoing effort to build a truly cohesive tech stack.

Consulting 173

Consulting Financial Advice Engineering Financial Advisor 173

Wealth Management

MAY 1, 2024

billion Private Advisor Group. Ethan Campbell of Stones River Wealth Management in Woodbury, Tenn., is the latest to join $31.5

Wealth Management 109

Wealth Management Management 109

Nerd's Eye View

MAY 15, 2023

From the introduction of computers to the rise of the internet to the emergence of ‘robo-advisors’, there has been no shortage of innovations that would allegedly reduce the need for consumers to work with (human) financial advisors. written responses that conform to how humans typically communicate).

Financial Advisor 238

Financial Advisor Financial Planning Financial Advice Clients 238

Nerd's Eye View

OCTOBER 30, 2023

After several years of turmoil caused by the pandemic, financial advisor conferences seem to have found a "new [post-pandemic] normal", with events once again growing (some already surpassing their pre-pandemic highs).

Financial Advisor 227

Financial Advisor Numbers Budgeting Financial Planning 227

Nerd's Eye View

AUGUST 28, 2023

While many RIAs have already tackled some of the bigger issues around the conversion such as informing clients of the changes and updating regulatory documents, there are still some operational intricacies in the TD Ameritrade to Schwab transition process for advisors to address that could cause headaches if they're missed. Read More.

Financial Advisor 233

Financial Advisor Distribution Clients Accounting 233

Wealth Management

APRIL 22, 2024

Financial advisors continued to be more optimistic about the stock market than the broader economy in March, according to Wealthmanagement.com’s Advisor Sentiment Index.

Financial Advisor 86

Financial Advisor Economy Marketing Marketing 86

Nerd's Eye View

JANUARY 22, 2024

In the early days of wealth management, a financial advisor's value proposition was relatively explicit, typically focusing on a limited range of portfolio management activities (e.g., Even with the best intentions, this disconnect can ultimately damage an advisor's perceived value over time.

Financial Advisor 186

Financial Advisor Insurance Coverage Charitable Planning Estate Planning 186

Nerd's Eye View

AUGUST 21, 2023

Many financial advisors start their own firm because of an entrepreneurial itch, a desire to work with a specific type of client, or perhaps because they want to have more control over their work life. Nonetheless, one group of advisors reported more marketing success than others: those serving client niches.

Marketing 208

Marketing Marketing Financial Planner Clients 208

Nerd's Eye View

SEPTEMBER 18, 2023

When an advisor runs their own solo advisory firm, their capacity to meet with current and prospective clients is limited to the extent that they are also responsible for all of the non-client-facing tasks of running their firm. Advisors who have never hired before may have little idea of what to expect once they do decide to hire.

Financial Planner 226

Financial Planner Clients Planning Financial Planning 226

Nerd's Eye View

APRIL 8, 2024

As a starting point, while financial advisors tend to have a strong client retention rate (often well above 90%), data from CEG indicate that nearly 40% of business owners surveyed said they were at least somewhat likely to switch their primary financial advisor in the next 2 years. Read More.

Financial Advisor 130

Financial Advisor Clients Estate Planning Taxes 130

Nerd's Eye View

JANUARY 15, 2024

For financial advisors, an ongoing client service model often means finding ways to keep clients engaged and progressing toward their goals outside of the 1 or 2 typical client review meetings each year. The key point is that newsletters can be a valuable tool even for advisors who aren't naturally inclined to write.

Clients 188

Clients Communication Financial Advisor Wealth Management 188

Wealth Management

APRIL 4, 2024

Listen in for an insightful and revealing look into advisors’ minds and what really makes them happy, based on data from the latest Kitces survey.

Financial Advisor 109

Financial Advisor 109

Wealth Management

FEBRUARY 21, 2024

Kitces discusses the 2023 Advisor Wellbeing Study and the factors contributing to advisors’ happiness.

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119

Wealth Management

MARCH 26, 2024

Lynette Ancona will be part of Raymond James’ employee advisor channel. Previously, she was a branch-based advisor with Charles Schwab.

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119

Wealth Management

APRIL 22, 2024

Clayton Ortloff, an advisor out of Midland, Texas, will join the independent broker/dealer’s model for advisors looking for more autonomy while buttressed by back office support.

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97

Wealth Management

MARCH 7, 2024

In the Advisor Transition Report’s companion podcast episode, Louis and Jason Diamond explore the key takeaways and their anticipated influence on activity during 2024 and beyond.

Financial Advisor 103

Financial Advisor 103

Prosperity Coaching

MAY 2, 2024

Financial Advisors Working With Technology Professionals. There is […] The post Financial Advisors Working With Technology Professionals appeared first on The Prosperous Advisor Coaching Blog. Technology is constantly advancing.

Financial Advisor 52

Financial Advisor Marketing Marketing Media 52

Wealth Management

MARCH 21, 2024

Financial advisors’ optimism over the economy and the markets ticked marginally up in February, dampened only by persistent inflation and uncertainty over upcoming national elections.

Economics 108

Economics Financial Advisor Economy Marketing 108

Wealth Management

APRIL 11, 2024

JP Pattinson, wealth manager, vice president of technology and partner at Merit Financial Advisors, has helped shape the rapid expansion of the $10-billion-AUM firm through technology.

Financial Advisor 111

Financial Advisor Wealth Management Management 111

Alpha Architect

MARCH 4, 2024

Along with the rapid growth in the utilization of robo-advisors, there has been similar growth in academic interest about robo-advisors. Robo-advisors: A well-researched topic was originally published at Alpha Architect. What is the current state and what are the main research streams in the literature?

Financial Planning 84

Financial Planning Planning 84

A Wealth of Common Sense

FEBRUARY 15, 2024

Josh Brown joined me again this week to discuss questions about career advice for younger advisors, when it makes sense to hire a financial advisor for retirement, 401ks vs. brokerage accounts and how to deploy cash in the face of all-time highs in the stock market. The post When Should You Hire a Financial Advisor?

Financial Advisor 111

Financial Advisor Retirement Accounting Marketing 111

Wealth Management

MARCH 13, 2024

A total of 9,674 experienced advisors changed jerseys in 2023, according to the most recent Diamond Consultants Advisor Transition Report.

Consulting 101

Consulting 101

XY Planning Network

APRIL 22, 2024

Imagine a world where financial advisors can spend less time on tedious tasks and more time delivering personalized, high-value services to their clients. As powerful AI tools like ChatGPT, Google's Bard, and Microsoft's Bing AI continue to advance, advisors who embrace this technology stand to gain a significant competitive edge.

Wealth Management 92

Wealth Management Financial Advisor Management Clients 92

Wealth Management

MARCH 12, 2024

based Brian Pflaum decided to evaluate his options when he heard that his broker/dealer, Lincoln Financial Advisors, would sell to Osaic. Birmingham, Ala.-based

Financial Advisor 107

Financial Advisor 107

Indigo Marketing Agency

MARCH 21, 2024

As a financial advisor, you understand the importance of a robust online presence in today’s digital landscape. However, navigating the world of SEO (Search Engine Optimization) can be daunting, leaving many financial advisors with questions and uncertainties. Patience is key when it comes to SEO for Financial Advisors.

Financial Advisor 89

Financial Advisor Engineering Consulting Financial Advice 89

Wealth Management

NOVEMBER 2, 2023

Ohio is leading the way in attempting to properly arm advisors for a fight that’s already underway, whether they realize it or not.

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Wealth Management

NOVEMBER 3, 2023

“Technology is not going to replace advisors, but advisors who do embrace technology are going to replace advisors who don’t,” said David Karr, chairman of Equitable Advisors.

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122

Wealth Management

APRIL 10, 2024

Waverly Advisors has added three teams and almost $2.5 billion this year, while Fortis Capital picked up a Chicago practice helmed by a father/daughter team.

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102

Wealth Management

MARCH 28, 2024

John Bowen describes the research from his team at CEG Worldwide regarding what high-net-worth clients want most from their advisors.

Clients 107

Clients Financial Advisor 107

Advisor Perspectives

DECEMBER 26, 2023

Advisors are being asked to provide their clients with a full suite of solutions, ranging from estate and tax planning to portfolio management, and everything in between. Advisors, meanwhile, are facing constraints while grappling with a volatile market, and their relationships with clients are being tested.

Asset Allocation 105

Asset Allocation Portfolio Management Tax Planning Financial Planning 105

Sara Grillo

APRIL 19, 2024

One of the biggest fears that people have, when they are looking for a financial advisor, is this: “Is it truly impossible for an advisor to say wire themselves a few million dollars from a client’s account?” I was recently featured in a MarketWatch article about how to find a good financial advisor. Read it here.

Financial Advisor 95

Financial Advisor Financial Advice Accounting Compliance 95

Wealth Management

APRIL 10, 2024

Nine former advisors are suing United Capital over its attempts to move arbitration proceedings from FINRA to another venue, accusing the firm of “pure gamesmanship” and “forum shopping.”

Sales 108

Sales 108

Wealth Management

NOVEMBER 15, 2023

Prospera Financial Services has formalized its suite of succession planning resources to help older advisors monetize their businesses and younger advisors acquire practices or become successors.

Financial Services 104

Financial Services Planning 104

Wealth Management

JANUARY 23, 2024

Klein, who stepped down as CEO of Nitrogen in November, will serve as a strategic advisor for Fynancial, a new 'Social Financial Platform.' '

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120

Wealth Management

APRIL 17, 2024

Taimur Baig’s move to Raymond James from Morgan Stanley is the latest of several teams joining the firm’s employee advisor channel from the wirehouse this year.

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108

NAIFA Advisor Today

JANUARY 4, 2024

The final 2023 issue of Advisor Today magazine is now available as a digital edition. All NAIFA members receive the printed edition of Advisor Today as an exclusive member benefit and we make the digital edition available after the print issue release. If you are not a NAIFA member, join us today !

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105

Wealth Management

FEBRUARY 6, 2024

Ryan Poterack shuttered his own RIA to join Private Advisor Group’s, as part of the firm’s growing cohort of fee-only advisors.

Fee Only 112

Fee Only 112