Nerd's Eye View

APRIL 26, 2023

The 1st category of tasks that advisory firms must handle involves renewing their registration with the applicable state(s) in which they do business each year, which typically involves submitting select documents (e.g., Read More.

Compliance 224

Compliance Clients Advertising Accounting 224

Nerd's Eye View

MARCH 27, 2023

Similarly, CFP practitioners were found to have a lower practice-wide Client Acquisition Cost (CAC) and greater revenue growth in 2021! Further, the benefits of how the CFP marks are perceived as a valuable brand appear to have a meaningful impact not only on how advisors spend their time, but also on their revenue growth as well.

CFP 244

CFP Clients Certification Financial Advice 244

Nerd's Eye View

APRIL 26, 2023

The 1st category of tasks that advisory firms must handle involves renewing their registration with the applicable state(s) in which they do business each year, which typically involves submitting select documents (e.g., Read More.

Compliance 228

Compliance Clients Advertising Accounting 228

Nerd's Eye View

NOVEMBER 27, 2023

One of the main goals of financial advisors who market themselves is to build a foundation of trust with their prospective clients so that they feel comfortable in discussing often-sensitive financial topics and ultimately acting on the advisor's recommendations.

Distribution 185

Distribution Financial Advice Clients Financial Advisor 185

The Big Picture

OCTOBER 19, 2023

One of my favorite responsibilities as chief investment officer at Ritholtz Wealth Management is the quarterly conference call I do for our clients. Diving deep down this rabbit hole, I pulled some interesting data from the Nieman Media lab at Harvard (via Bruce Melman ). We are what we eat, media diet included.

Media 350

Media Economy Economics Wealth Management 350

Nerd's Eye View

MARCH 18, 2024

Soliciting prospect referrals can often be an effective way for financial advisors to grow their firms with clients who are ready to act and who will benefit from the firm since many referrals come from sources that are familiar not just with the advisor and the services they offer, but also with the prospect being referred and the needs they seek.

Assets 230

Assets Media Financial Advisor Professional Services 230

Nerd's Eye View

APRIL 15, 2024

Foremost among their responsibilities is business development, which compels them to seek out prospects who will eventually become clients (so that they can grow their firms, allocate resources accordingly, and do even more financial planning!). Read More.

Marketing 160

Marketing Marketing Engineering Media 160

Nerd's Eye View

AUGUST 7, 2023

This month's edition kicks off with the news that estate planning platform Wealth.com has launched Ester, an AI-driven 'legal assistant' that uses machine learning to help advisors quickly review and extract the key information from clients' estate planning documents, as it joins FP Alpha in the competition to become 'Holistiplan for estate planning (..)

Estate Planning 195

Estate Planning Wealth Management Financial Advisor Planning 195

Nerd's Eye View

JULY 3, 2023

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: All-in-one software platform Blueleaf has launched a new “aggregation-as-a-service” solution, promising better client data aggregation capabilities than existing solutions by automating the process of weaving multiple (..)

Estate Planning 219

Estate Planning Media Clients Wealth Management 219

Nerd's Eye View

JANUARY 10, 2023

Lisa is a Partner and Wealth Advisor for CI Brightworth, an RIA under the CI Financial umbrella with offices in Atlanta, Georgia, and Charlotte, North Carolina, that oversees nearly $5 billion in assets under management * for over 1,500 client households.

Clients 130

Clients CFP Financial Advisor Wealth Advisor 130

Nerd's Eye View

FEBRUARY 26, 2024

In the early days of the financial advice industry, an advisor's options for generating new business were somewhat limited. An advicer's business development activity can be measured across 2 main phases: the Marketing Activities that generate new leads and prospects, and the Sales Process that converts those prospects into new clients.

Marketing 178

Marketing Marketing Sales Clients 178

Nerd's Eye View

OCTOBER 4, 2022

In this episode, we talk in-depth about how Ramit helps people design their rich life through the use of spending dials, where, like a radio dial, he encourages people to turn up and spend extravagantly on the things they love (and cut mercilessly on the rest) so that they can enjoy their money throughout their life and not just after retirement, how (..)

Clients 202

Clients Financial Advisor Education Retirement 202

Nerd's Eye View

SEPTEMBER 21, 2023

Regardless of the size of a financial advisory firm, clients are a constant necessity to sustain a profitable business. As a starting point, there are unconventional marketing principles that can help advisors who do not want to engage in traditional marketing campaigns to effectively attract and acquire clients.

Advertising 201

Advertising Clients Financial Advisor Communication 201

Nerd's Eye View

JUNE 26, 2023

And while it's common for media to focus on the success stories, it can be just as helpful to hear about advisors' experiences when their acquisitions don't go just as planned, so future advisors can learn from the benefit of hindsight! Read More.

Compliance 222

Compliance Sales Planning Media 222

Nerd's Eye View

JANUARY 23, 2023

Traditional forms of marketing used by financial advisors – including networking with one’s friends and family members, cold-calling, and paid advertising – have been effective at reaching a ‘typical’ client base of older, wealthy retirees. reposted or reshared on social media).

Marketing 220

Marketing Marketing Financial Planner Education 220

Nerd's Eye View

DECEMBER 19, 2023

We also talk about how Ted initially built his own advisory firm with what he calls a "manufactured celebrity" approach by immersing himself in media appearances that made him a go-to local advisor in the Atlanta area, how the success of Ted's marketing approach ironically led to severe burnout (because Ted enjoyed marketing to clients far more than (..)

Financial Advisor 173

Financial Advisor Consulting Marketing Marketing 173

Nerd's Eye View

OCTOBER 9, 2023

Different strategies have different Client Acquisition Costs (CACs), in terms of both hard-dollar marketing expenses and the cost of the advisor's time spent on the strategy, and an efficient market strategy is one that can effectively attract new clients while minimizing the amount spent to acquire them.

Engineering 176

Engineering Financial Advisor Management Clients 176

Nerd's Eye View

JULY 4, 2023

Melissa is the Founder of Pearl Planning, an independent RIA based in Dexter, Michigan, that oversees more than $175 million in assets under management for 251 client households. Welcome back to the 340th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Melissa Joy.

Financial Advisor 197

Financial Advisor CFP Clients Assets 197

Nerd's Eye View

JANUARY 23, 2024

Michelle is the founder of Ogden Wealth, an RIA based in Maitland, Florida, that oversees $50M in assets under management for almost 120 client households. My guest on today's podcast is Michelle Ogden.

Financial Advisor 130

Financial Advisor Clients Management Media 130

Clever Girl Finance

AUGUST 2, 2023

As exciting as starting a side hustle may seem, you must have a solid plan to fully reap the benefits. Then, create your side hustle time management plan. For example, if you love freelance marketing , you might have a career as a social media marketer. You can’t have success in life without a plan!

Business Planning 94

Business Planning Planning Food Budgeting 94

Clever Girl Finance

DECEMBER 5, 2022

But seriously, a virtual assistant provides a wide range of services to business owners, from administrative tasks to social media marketing. Book flights and organize itineraries for your clients when they travel. Help with email marketing for your clients. Help your clients to reach potential customers by cold calling.

Media 83

Media Clients Management Taxes 83

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

Fortune Financial

SEPTEMBER 25, 2023

Whether planning for retirement, saving for your children’s education or simply looking to grow your investments, finding the right wealth management services in Kansas City can make all the difference. Long-term goals typically encompass retirement planning, wealth preservation and estate planning.

Wealth Management 59

Wealth Management Management Risk Tolerance Retirement Planning 59

Nerd's Eye View

JUNE 7, 2023

Which makes it all the more important for IARs to ensure Form U4 is up to date and that the way they are presenting themselves to current and potential clients in public – including content on their website, advertisements, and social media post – aligns with their (also publicly available) regulatory disclosures!

Compliance 195

Compliance Advertising Media Investing 195

Fortune Financial

SEPTEMBER 25, 2023

Whether planning for retirement, saving for your children’s education or simply looking to grow your investments, finding the right wealth management services in Kansas City can make all the difference. Long-term goals typically encompass retirement planning, wealth preservation and estate planning.

Wealth Management 52

Wealth Management Management Risk Tolerance Retirement Planning 52

Clever Girl Finance

MARCH 24, 2022

As exciting as starting a side hustle may seem, you must have a solid plan to fully reap the benefits. How to figure out the best side hustle business ideas for you Finding the perfect side hustle that helps you make a little extra cash is only half the battle. Plus, we have some fantastic side hustle business ideas for you too!

Business Planning 52

Business Planning Planning Taxes Media 52

Steve Sanduski

MAY 16, 2023

Last week, I had conversations with two of my coaching clients about dialing in on their voice and making it stand apart from the sea of sameness that clogs the internet. One client is making educational videos and we’ve gone through several iterations to make sure that viewers connect with him and his unique personality.

Financial Planning 52

Financial Planning Planning Financial Advisor Financial Advice 52

MazumaBusinessAccounting

AUGUST 26, 2021

For more clarification on what constitutes a business or a hobby, the IRS has put out a helpful guide you may want to read. To better illustrate the impact of the hobby loss rule, I have a scenario that many of our clients can relate to. Over those years she’s claimed her blog as a business on her taxes. 3 online courses.

Taxes 98

Taxes Accounting Business Planning Media 98

Clever Girl Finance

OCTOBER 27, 2022

When you sit down to set goals for a small business, you’ll naturally start to sort them into high-priority goals vs ones that aren’t as pressing. Small business goals give you a north star to walk towards. Or you have a web development business and want to add web design/UX services so you can offer comprehensive packages to clients.

Business Planning 59

Business Planning Budgeting Planning Media 59

Steve Sanduski

DECEMBER 31, 2022

These words help me stay on track and on plan. Content Creation: I love creating, communicating, and publishing content in a wide variety of media including written, video, and audio. And I have no doubt that as I “be” more, it will positively impact how I show up and “do” more for my clients, friends, and family. Final Thought.

Planning 59

Planning Clients Communication Media 59

FMG

FEBRUARY 2, 2023

Greeted by a lovely image of a couple staring into the sea and a line that states “White Glove Service” This lets potential clients know exactly what type of service to expect from the get-go. Since you’re based in New Jersey, how did the pandemic affect your business plan and the way you communicate with clients?

Financial Advisor 52

Financial Advisor Communication Clients Financial Planning 52

Sara Grillo

MAY 23, 2022

Advice-only financial planning is fee-only comprehensive financial planning without the expectation or even the option to manage any client investments. Financial planning is offered as a stand-alone product; it is the only thing that an advice-only financial planner does. The benefits of advice-only financial planners.

Financial Planner 52

Financial Planner CFP Financial Planning Education 52

The Big Picture

MAY 30, 2023

And so these were two stories, maybe three, before I’m 9-years-old of bad economics, bad culture, and a bad business plan. By the way, there’s a difference between an entrepreneur and a businessman or a business woman. Different risk tolerance and different business plan. They have a dumb business plan.

Banking 141

Banking Economics Economy Business Planning 141

Clever Girl Finance

JULY 13, 2022

Note that in some states, starting an interior design business requires that you have specific licensing. It's common to see self-taught professionals in the tech industry, so you can easily find resources to teach yourself web design and start seeking clients. Social media management. Event planning. Web design.

Food 119

Food Advertising Media Clients 119

Steve Sanduski

AUGUST 8, 2023

They don’t work at home.” — Entrepreneur Jason Lemkin on a podcast with Harry Stebbings In a recent coaching call with one of my financial advisor clients, she mentioned a conversation she had with one of her clients. And social media has 10xed the problem with its glamorous show of faux “look at my wonderful life.”

Numbers 98

Numbers Retirement Clients Planning 98

Clever Girl Finance

JULY 6, 2023

Learn how to start a photography business and earn some extra money! Social media management Social media management is a good business idea for women who know how to navigate the world of the internet. In fact, many small business owners use the internet to advertise their services and connect with their customers.

Clients 84

Clients Media License Advertising 84

Good Financial Cents

APRIL 19, 2023

Once the course is complete, I do some continued marketing and client support which amounts to just a few hours per week, while sales roll in month after month. You can earn passive income whether you’re an entrepreneur with a brilliant business plan, a talented artist, or just happen to have extra cash to invest.

Accounting 105

Accounting Investing Investments Media 105