eMoney Advisor

DECEMBER 15, 2022

Here, we take a look at projected job growth for financial advisors, the predicted wave of retirements, the demographics of financial planners, and more. A Wave of Retirements Expected. Over the next decade, more than a third of advisors (37 percent) are estimated to be retiring, according to a 2022 Cerulli Associates study.

Financial Planner 74

Financial Planner CFP Certified Financial Planner Financial Advisor 74

Diamond Consultants

MAY 3, 2022

By our count in 2021 alone some 19 teams managing over $88B in assets transitioned from private banks. In almost every instance of a move by a private banker, there is a significant amount of assets that will need to be left behind. Be realistic about the strength of your team.

Banking 52

Banking Wealth Management Commission Assets 52

Inside Information

MAY 30, 2023

In the more comprehensive surveys, you will see the percentage or dollar revenues collected by each BD on annuity, life insurance and other product sales, vs. fees (defined by asset management fees, shared between the reps and the broker-dealer). A national advisory firm presumably wouldn’t have those restrictions.

Communication 40

Communication Sales Compliance Insurance 40

Clever Girl Finance

JUNE 22, 2023

This could include bonuses, commissions, rental income, and investment gains. In other words, they don’t reflect deductions like taxes, insurance, or retirement contributions. If you aim to retire early and set aside a significant portion of your income toward retirement savings, you may need a higher income.

Budgeting 52

Budgeting Taxes Healthcare Retirement 52

The Big Picture

AUGUST 8, 2022

So, you got your assets whatever they are. But then the question is how do you fund those assets. Now does the FDIC even know how much risk they’re bearing 0 when all the assets are so encumbered that they’re all pledged as collateral? But –and netting of derivatives and all of that. They don’t have collateral.

Banking 195

Banking Government Insurance Taxes 195

The Big Picture

SEPTEMBER 5, 2023

Listen, it’s always a good time to generate a commission if you’re a commission real estate agent. RITHOLTZ: (LAUGHTER) MILLER: But in reality, the buyers that zoomed out to the suburbs were largely from the rental market because they weren’t anchored to another asset. RITHOLTZ: It was great. MILLER: Of course.

Sales 130

Sales Numbers Taxes Marketing 130

Sara Grillo

SEPTEMBER 26, 2022

Securities and Exchange Commission. Securities and Exchange Commission. That lead him to start Quest Asset Management, with the novel idea of putting investor interests first as a fiduciary, which was practically unheard of at the time. 2022, August 1). CFP® Professional Demographics. 2013, March). 2019, July 30).

CFP 59

CFP Financial Advisor Financial Planner Ethics 59