Nerd's Eye View

DECEMBER 6, 2023

Ultimately, the key point is that understanding the intricacies of what it means to be an investment adviser, including the exceptions within the 'securities' component of the definition, is critical for financial coaches navigating the fine line between offering advice to clients and needing to register as an investment adviser.

Investing 237

Investing Investments Financial Advising Retirement Planning 237

Nerd's Eye View

DECEMBER 26, 2022

Thanks again for the opportunity to serve you in 2022, and I’m excited to share more soon about some new initiatives we’re planning to do to support the Financial Advicer community even more in 2023 and beyond! In the meantime, I hope you're having a safe and happy holiday season. Read More.

Financial Advisor 177

Financial Advisor Financial Advice Estate Planning Planning 177

Nerd's Eye View

APRIL 16, 2024

We also talk about how Ashley built on her experience as a couples therapist, after hearing 20-25 clients/week come in for couples therapy that often ended up tying into a discussion of financial issues, to pursue and learn how certain therapy tools and techniques could effectively translate to the world of financial advice, how Ashley uses the Klontz (..)

Clients 130

Clients Planning Financial Advisor Consulting 130

Nerd's Eye View

JANUARY 16, 2024

What's unique about Thomas, though, is how he's been able to use social media, and Twitter in particular, to attract over 170 new prospects this year alone by educating, nurturing, and making a lasting impression on his followers, with relatively short blog posts that seem rather 'simple' but hit his specific prospects' pain points, so that they when (..)

Media 199

Media Financial Advisor Financial Planning Planning 199

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 206

Compliance Valuation Financial Advisor Clients 206

Nerd's Eye View

JANUARY 2, 2024

Stevyn is founder of Grow Wellthy, a health and wellness consulting firm based in Springfield, Missouri that specializes in working with busy – but not always healthy – financial advisors.

Financial Advisor 200

Financial Advisor Retirement Financial Advice Consulting 200

Nerd's Eye View

MAY 8, 2023

Traditionally, financial advice and tax preparation have existed as 2 related, but separate, services. Besides the fact that many financial advisors don’t hold the necessary credentials (e.g.,

Taxes 225

Taxes Financial Planning Financial Advisor Clients 225

Nerd's Eye View

FEBRUARY 6, 2023

This month's edition kicks off with the news that the “financial monitoring software” platform Elements has raised $5 million in a seed-extension funding round as it seeks to establish a foothold in the rapidly growing AdvisorTech category of “advice engagement” tools designed to draw clients further into the ongoing (not just (..)

B2B 195

B2B Financial Advice Clients Planning 195

Nerd's Eye View

DECEMBER 12, 2022

Ultimately, though, we are still just getting going with the ongoing growth of the Kitces platform as we continue to execute on providing Advicers with relevant content across our 4 strategic pillars: Navigation, Education, Research, and Development (and yes, our organizational strategy really does spell out N-E-R-D!). Read More.

Education 204

Education CFP Certification License 204

Nerd's Eye View

JULY 19, 2022

We also talk about how, despite never graduating high school (but gaining a GED later), Andrew credits his autism and the hyperfocus that comes along with it for helping him to ultimately earn more than 16 professional financial planning designations, how working at an insurance company early in his career and getting frustrated with adhering to large-firm (..)

Financial Advisor 227

Financial Advisor Clients Financial Planning Insurance 227

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.

Marketing 180

Marketing Marketing Sales Clients 180

Steve Sanduski

APRIL 22, 2024

This range can now serve as a benchmark for your financial advice business. Most importantly, use this exercise to confirm you are delivering more value to your clients than the fees they are paying AND that they are paying enough fees so that you are profitable enough to keep giving them great financial advice!

Clients 59

Clients Financial Advice CFP Numbers 59

Nerd's Eye View

JULY 25, 2022

All in pursuit of our mission – Making Financial Advicers Better, and More Successful – through our ongoing focus on Navigational resources, Educational insights, Research on advicers, and Development of advicer skills. Those who are interested (or have a friend or family member who might be!)

Education 175

Education Financial Planning Estate Planning CFP 175

Steve Sanduski

MAY 16, 2023

Your business is likely much larger than it was 10 years ago. We’re in a bull market for financial advice, but NOT a bull market for financial advisors. have dramatically expanded the avenues for people to receive one-to-many financial advice (not saying it’s all great, though). Well, consider this.

Financial Planning 52

Financial Planning Planning Financial Advisor Financial Advice 52

Steve Sanduski

APRIL 22, 2023

Here’s the disappointing news as it relates to the long-term health of the financial advice profession: Industry data clearly shows that the typical advisory firm has 0% revenue growth when you exclude market movement.

Clients 64

Clients Distribution Assets Financial Advising 64

Nerd's Eye View

APRIL 23, 2024

We also talk about how Tyson discovered that by hiring additional junior advisors, he could reduce his stress levels by only stepping into client conversations when his more experienced level of expertise was really needed, why Tyson found the transition from 7 to 12 people on staff was particularly difficult and how growing beyond that point has made (..)

Clients 130

Clients Financial Advisor Wealth Advisor Financial Advice 130

Nerd's Eye View

AUGUST 24, 2022

While many IRAs include a clause in their advisory agreements limiting their liability in giving financial advice in good faith, the SEC and state regulators have recently been scrutinizing such ‘hedge clauses’ to the extent that they may be found impermissible going forward.

Electronics 167

Electronics Clients Retirement Planning Financial Advice 167

Nerd's Eye View

AUGUST 24, 2022

While many IRAs include a clause in their advisory agreements limiting their liability in giving financial advice in good faith, the SEC and state regulators have recently been scrutinizing such ‘hedge clauses’ to the extent that they may be found impermissible going forward.

Electronics 159

Electronics Clients Retirement Planning Financial Advice 159

Sara Grillo

MAY 23, 2022

This interview with Cody Garrett, CFP, of Measure Twice Financial was mind-blowing. It’s so clear to me what the future of financial advice is – what it should be – and what it will be. The industry is typically about the implementation aspect of financial advice not educating and empowering the client.

Financial Planner 52

Financial Planner CFP Financial Planning Education 52

The Big Picture

OCTOBER 19, 2022

Just go with your business plan.” Providing advice, if you think about driving investor outcomes, we have great low cost product. And it’s financial advice. You know, another thing Bill did that I thought was really great at that time is when London sky is falling, everybody is laying off.

Financial Advisor 274

Financial Advisor Clients Taxes Investing 274

Good Financial Cents

APRIL 19, 2023

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. Betterment is great at reducing any taxes you have to pay on your investments, and they work with you to give you the best financial advice through their algorithms.

Accounting 105

Accounting Investing Investments Media 105

The Big Picture

MAY 16, 2023

And I’m like, dad, I found I need 25 grand to get going and my dad said send me a business plan. I went to business school RITHOLTZ: He just wanted you to go through the exercise. LINDZON: No, so obviously, I did the business plan, I’m kidding. LINDZON: This is not financial advice.

Media 278

Media Investing Investments Valuation 278