Nerd's Eye View

NOVEMBER 6, 2023

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: FinanceHQ has launched as a new digital lead generation platform for financial advisors, which takes a more niche-focused approach to matching prospective clients with advisors – representing a bet that capturing prospects (..)

Compliance 204

Compliance Valuation Financial Advisor Clients 204

The Big Picture

APRIL 15, 2023

 This week, we speak with Joseph Baratta , who since 2012, has served as Global Head of Private Equity at Blackstone – the world’s largest alternative asset manager, with $975 billion in assets under management. From Strength to Strength: Finding Success, Happiness, and Deep Purpose in the Second Half of Life by Arthur C.

Consulting 272

Consulting Compliance Assets Management 272

Abnormal Returns

JULY 17, 2023

standarddeviationspod.com) Charles Schwab Charles Schwab ($SCHW) clients with $1 million in assets now are automatically enrolled in one of its private wealth management programs. advisorperspectives.com) Think twice, compliance-wise, before jumping onto Threads. riabiz.com) Should advisers care about Schwab's expanded HNW services?

Wealth Management 212

Wealth Management Compliance Engineering Clients 212

Wealth Management

MAY 20, 2023

Preliminary results from a targeted exam indicated communications related to crypto asset securities products and services had four times the non-compliance rate of other kinds of products.

Communication 119

Communication Compliance Assets 119

Nerd's Eye View

JULY 25, 2023

billion in assets under advisement. Rita is the Founder and President of Affiliated Advisors, a Super-OSJ with Royal Alliance that provides support to 90 financial advisors and collectively oversees $3.5

Financial Advisor 240

Financial Advisor Compliance Recruitment Insurance 240

Nerd's Eye View

MAY 3, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study indicates that nearly a third of advisors in the independent broker-dealer channel have considered transitioning to the RIA channel during the past year as they seek higher payouts and not just "independence" but (..)

Financial Planner 186

Financial Planner Healthcare Retirement Financial Advisor 186

Nerd's Eye View

FEBRUARY 16, 2024

Also in industry news this week: While AUM fees remain ubiquitous among fee-only advisors, recent data show that an increasing number leverage multiple fee models to meet different client needs and preferences While CFP Board has come out firmly in favor of the Department of Labor's proposed Retirement Security Rule, FPA has taken a more cautious approach, (..)

Financial Planner 209

Financial Planner Fee Only Compliance CFP 209

Nerd's Eye View

MARCH 6, 2023

Which at best will still be a substantial uphill battle, given the hassle of switching from one financial planning platform to another (and the fact that most advisors are generally satisfied with their current financial planning software in the first place!).

Compliance 192

Compliance Financial Planning Planning Financial Advisor 192

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 1, 2024

Welcome to the January 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!

Retirement Planning 200

Retirement Planning Compliance Startup Clients 200

The Big Picture

AUGUST 26, 2022

Our previous discussions (debates really) were over the traditional model of brokerage I push back against versus the fee-based fiduciary asset management I embrace. This made me chuckle, as we had discussed this level of unsuitable and inappropriate asset management for years, with me offering an endless parade of examples.

Accounting 353

Accounting Government Assets Management 353

Nerd's Eye View

MAY 5, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week’s edition kicks off with the news that the House Financial Services Committee unanimously passed a bill that would direct the SEC to conduct a study and carry out a rulemaking on the definition of a "small entity" to reduce the compliance burden on small businesses, (..)

Financial Planner 188

Financial Planner Financial Services Electronics Compliance 188

Nerd's Eye View

FEBRUARY 17, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the SEC is proposing to expand the adviser custody rule beyond securities and funds to cover all assets in a client’s portfolio, including private securities, real estate, derivatives, and cryptoassets.

Financial Planner 186

Financial Planner Fiduciary Duty Retirement Planning Compliance 186

Abnormal Returns

APRIL 17, 2023

podcasts.apple.com) The biz Why Dynasty Financial Partners and MarketCounsel are investing more in compliance software provider SmartRIA. ritholtz.com) Advisers Donor advised funds continue to rake in assets. (wiredplanning.com) Frazer Rice on what it takes to successfully fund and plan a career pivot.

Financial Advising 130

Financial Advising Compliance Retirement Planning 130

Nerd's Eye View

MAY 15, 2024

In practice, the DoL's Final Rule means that financial advisers who advise clients about rolling over assets from an employee retirement account like a 401(k) plan into an IRA are now subject to ERISA fiduciary obligations.

Retirement 217

Retirement Commission Financial Advising Banking 217

Nerd's Eye View

JANUARY 30, 2024

Tim is the founder of Goodwin Investment Advisory, an RIA based in Woodstock, Georgia, that oversees $275M in assets under management for 370 client households. Welcome back to the 370th episode of the Financial Advisor Success podcast ! My guest on today's podcast is Tim Goodwin.

Financial Advisor 187

Financial Advisor Clients Compliance Engineering 187

Abnormal Returns

SEPTEMBER 26, 2022

(linkedin.com) Fintech Most people don't need asset management, they need paycheck management. riabiz.com) Compliance Many clients want to text with their adviser. Budge looks to solve this. riabiz.com) This startup wants to make it easier to borrow against whole life insurance policies.

Compliance 130

Compliance Tax Planning Startup Financial Planning 130

Nerd's Eye View

JULY 12, 2022

Kamila is the CEO and Founder of Collective Wealth Partners, an independent RIA based in Atlanta, Georgia, that oversees nearly $25 million in assets under management for almost 175 client households. My guest on today's podcast is Kamila Elliott.

Financial Advisor 246

Financial Advisor CFP Clients Financial Planning 246

Nerd's Eye View

JANUARY 13, 2023

Also in industry news this week: A study suggests that simplification is the top reason consumers combine their investment accounts, signaling that the onboarding process for new advisory client assets is a value-add in itself.

Financial Planner 164

Financial Planner Retirement Planning Compliance Retirement 164

Carson Wealth

APRIL 17, 2024

trillion in client assets. The ranking, developed by SHOOK Research , is based on an algorithm of quantitative and qualitative data, including telephone, virtual, and in-person interviews, industry experience, compliance records, and assets under management. View the complete list of Best-In-State Wealth Advisors.

Wealth Advisor 52

Wealth Advisor Compliance Financial Advisor Clients 52

Nerd's Eye View

JUNE 26, 2023

Firms seeking acquisitions may talk up their values prior to the sale, but the reality is that at a firm that is rapidly acquiring other businesses – particularly when funded by private equity ownership – the focus is often on the growth of assets and profitability, no matter what the core values are purported to be.

Compliance 223

Compliance Sales Planning Media 223

Nerd's Eye View

FEBRUARY 14, 2023

Jim is the CEO and Founder of Sanctuary Wealth, an RIA platform with 80 partner firms in 29 states that collectively oversee nearly $25 billion in assets under management. My guest on today's podcast is Jim Dickson.

Compliance 130

Compliance Financial Advisor Clients Management 130

Truemind Capital

MARCH 6, 2024

RIAs are also subjected to higher qualifications, minimum relevant experience, repeated certifications, infrastructure requirements, accountability regarding the suitability of advice, and adherence to other Sebi compliances. This results in higher transparency, reliability, answerability, and better value addition.

Commission 52

Commission Investing Investments Compliance 52

Nerd's Eye View

AUGUST 7, 2023

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: Wealth Management GPT has launched as one of the first standalone AI writing tools for financial advisors, distinguishing itself from other tools that are integrated within already-existing AdvisorTech tools (which raises questions (..)

Estate Planning 196

Estate Planning Wealth Management Financial Advisor Planning 196

Nerd's Eye View

SEPTEMBER 26, 2023

Bridget is the President of WealthChoice, a virtual independent RIA that oversees nearly $80 million in assets under management for 68 client families, and Co-Founder of Equita Financial Network, an advisor platform that helps advisors plug in and share resources. Welcome back to the 352nd episode of the Financial Advisor Success Podcast !

Financial Planning 207

Financial Planning Financial Advisor Clients Planning 207

Validea

SEPTEMBER 14, 2023

Andy has spent his career working at some of the most successful firms in the asset management industry, including Bridgewater and Brevan Howard and he explains how the lessons he has learned throughout his career led to how he constructs his portfolio today.

Portfolio 52

Portfolio Compliance Assets Retirement 52

Nerd's Eye View

NOVEMBER 7, 2022

Hearsay Systems rolls out a new small-to-mid-sized RIA platform for social media compliance and website design. Riskalyze signals an intent to rebrand itself away from ‘just’ risk tolerance assessments to a broader focus on helping advisors grow clients and assets.

Risk Tolerance 163

Risk Tolerance Compliance Startup Clients 163

Tobias Financial

MARCH 16, 2023

When working with an advisor, it is important to ask questions to protect your assets and understand if your financial professional is obligated to look out for your best interests. Recently, our Chief Compliance Officer Edgar Collado discussed topics related to working with an advisor such as key questions to ask and more.

Financial Advisor 52

Financial Advisor Compliance Assets 52

Trade Brains

FEBRUARY 26, 2024

The performance of the IRB InvIT has been quite disappointing with the InvIT having lost more than 32% of its value from its listing price & trades at a 30% discount over its Net Assets Value. Geographically diversified portfolio: The InvIT consists of operational HAM assets that are diversified across five states of India.

Government 59

Government Assets Compliance Transportation 59

Trade Brains

NOVEMBER 21, 2023

crores on June 22 Reason for imposing the penalty is for non-compliance with certain directions issued by RBI on ‘Loans and Advances – Statutory and Other Restrictions’ and the Advisory on ‘Man in the Middle (MiTM) Attacks in ATMs’ (the Advisory). Indian Overseas Bank Penalty imposed: ₹2.20 Bank of Maharashtra Penalty imposed: ₹1.45

Government 59

Government Banking Compliance Accounting 59

XY Planning Network

JUNE 13, 2022

Outside investment managers—such as TAMPs and robo-advisors—are a popular solution for advisors seeking to offer clients expert asset management services without needing to hone that expertise themselves or simply spend the time doing it (as in financial planning-only firms). 5 MIN READ.

Management 52

Management Investing Investments Compliance 52

Walkner Condon Financial Advisors

APRIL 21, 2023

Fee-Only financial advisors are most often compensated as a percentage of assets (AUM), though also may be paid hourly, as a retainer, or as a flat fee, depending upon the planner you choose. How we are Compensated At Walkner Condon we use the assets under management (AUM) model. We use them as the custodian for our clients’ assets.

Certified Financial Planner 52

Certified Financial Planner Financial Advisor Fee Only Financial Planner 52

Trade Brains

DECEMBER 15, 2022

The company provides comprehensive services and solutions to the capital markets ecosystem including asset managers and corporate issuers across asset classes in India. As per CRISIL Report, it is India’s largest investor solutions provider to Indian mutual funds, based on the number of Asset Management Companies (AMC).

Compliance 52

Compliance Financial Services Assets Wealth Management 52

Diamond Consultants

MAY 9, 2023

Considering that question first from the advisor’s perspective, most can articulate exactly the services they are providing to warrant the fee they charge clients: financial planning, investment management, safe custody of assets, overall financial advice, etc. Compliance oversight – This is every advisor’s favorite punching bag.

Compliance 52

Compliance Wealth Management Clients Estate Planning 52

Carson Wealth

JANUARY 16, 2024

An unloved asset class for all of 2022 and most of 2023, the broad aggregate bond index was negative for the year as recently as the beginning of November, only to rally 8.5% The chart below is our version of the industry staple Quilt Chart of asset class returns. Even more surprising was the huge turnaround in the bond market.

Investing 96

Investing Investments Marketing Marketing 96

Walkner Condon Financial Advisors

APRIL 17, 2023

Fee-Only financial advisors are most often compensated as a percentage of assets (AUM), though also may be paid hourly, as a retainer, or as a flat fee, depending upon the planner you choose. At Walkner Condon we use the assets under management (AUM) model. We get paid based on a percentage of a client’s assets that we manage.

Fee Only 52

Fee Only Financial Advisor Certified Financial Planner Commission 52

Gemini BITRIA

DECEMBER 19, 2021

Managing client assets is time-consuming – and particularly challenging when working with a new asset class you’re less familiar with, like Bitcoin and other digital assets.

Financial Advisor 52

Financial Advisor Compliance CFP Portfolio Management 52