Nerd's Eye View

APRIL 24, 2024

Over the past few decades, advicers have used Monte Carlo analysis tools to communicate to clients if their assets and planned level of spending were sufficient for them to realize their goals while (critically) not running out of money in retirement.

Communication 178

Communication Retirement Clients Accounting 178

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.

Clients 203

Clients Communication Financial Advisor Wealth Management 203

Nerd's Eye View

MARCH 21, 2024

For many financial advicers, helping long-time clients identify and progress toward their goals eventually transitions into conversations around the best ways to enjoy the fruits of their labor once they reach them. And by ensuring that their clients are equipped with (and know how to follow!) Read More.

Clients 199

Clients Financial Planning Financial Advice Retirement 199

Nerd's Eye View

JANUARY 10, 2024

In initial discovery meetings, financial advisors face the challenge of eliciting specific goals from new clients – a crucial step for crafting a comprehensive financial plan. Read More.

Clients 224

Clients Financial Advisor Financial Planning Retirement 224

Nerd's Eye View

AUGUST 16, 2023

Financial advisors create value for clients not only by giving good advice, but also by ensuring that the advice they give is actually implemented. Ultimately, clients often come to advisors in the first place because, at least on some level, they are motivated to make a change.

Clients 204

Clients Financial Planning Planning Financial Advisor 204

The Big Picture

SEPTEMBER 30, 2022

TSS Episode 125: Barry Ritholtz on Financial Advisers, Clients, Market Outlooks and Building Portfolios. The post The Sherman Show: Clients, Advisers, Markets & Portfolios appeared first on The Big Picture. It’s fun conversation, and Jeff & Sam are great hosts.

Portfolio 282

Portfolio Clients Financial Advising Marketing 282

Abnormal Returns

FEBRUARY 13, 2023

kitces.com) Matt Reiner talks client expectations with Daniel Crosby who is the Chief Behavioral Officer at Orion Advisor Solutions. etf.com) Things to keep in mind when direct indexing a client's portfolio. fa-mag.com) How to advise clients in the government Thrift Savings Plan. forbes.com) A ten-point Medicare primer.

Clients 221

Clients Retirement Financial Services Taxes 221

Nerd's Eye View

NOVEMBER 13, 2023

Traditionally, financial planning meetings have been held face-to-face in an advisor's office, and over the years, a body of research has emerged showing that how the advisor's office is laid out can have a significant impact on how clients perceive the advisor, their mood during the meeting, and even their resulting financial planning decisions.

Clients 224

Clients Financial Planning Planning Communication 224

Nerd's Eye View

OCTOBER 5, 2023

For many financial advisors, financial planning advice traditionally focuses on optimization: tax-efficient, continually rebalanced portfolios are often designed to maximize a client's wealth throughout retirement. Which can help clients narrow down what really matters to them most.

Clients 226

Clients Financial Planning Financial Advisor Communication 226

Nerd's Eye View

MARCH 12, 2024

Eric is the Founder & CEO of Abundo Wealth, an Advice-Only RIA based in Minneapolis, Minnesota, that oversees $600M in assets under advisement for 420 client households.

Clients 130

Clients Financial Advisor Financial Planning Media 130

Nerd's Eye View

APRIL 16, 2024

Ashley is the Founder of Beyond The Plan, a consulting firm based in Evans, Georgia, that offers a Fractional Financial Behavioral Officer service including consulting and training to advisory firms and even direct meeting support for new or existing clients.

Clients 130

Clients Planning Financial Advisor Consulting 130

Million Dollar Round Table (MDRT)

APRIL 14, 2024

Levasseur, CLU, MS Ed Like many financial advisors, we want clients who will show behaviors that make them easy to work for and help us serve them better. We also want those clients to introduce us to more people like themselves. We then ask them to grade us in four areas that mean a lot to them.

Clients 64

Clients Financial Advisor Assets Planning 64

Steve Sanduski

APRIL 22, 2024

If you’re like me, then you’ve heard the same type of advice like “Segment your book of business into A, B, C, D clients” and “Take great care of your A&B clients.” ” I’ve also heard that “Your A clients subsidize your C&D clients.” Now look at the clients above the range.

Clients 59

Clients Financial Advice CFP Numbers 59

Wealth Management

APRIL 23, 2024

Now’s the time to outsource the tasks taking time and attention away from your clients.

Clients 119

Clients 119

Nerd's Eye View

SEPTEMBER 6, 2023

Financial advisory clients are routinely concerned about lurking threats to their hard-earned wealth in the form of a large unforeseen judgment on a liability claim. While asset protection is a popular planning topic for High-Net-Worth (HNW) and ultra-high-net-worth clients, those who are not HNW are susceptible to the same threats to wealth.

Education 239

Education Assets Clients Estate Planning 239

Nerd's Eye View

NOVEMBER 28, 2022

Traditionally, investment planning has been at the forefront of how financial advisors add value for their clients. Combined with growing advisor (and consumer) interest in comprehensive financial planning services, the number of ways advisors can add value for their clients has expanded greatly.

Clients 224

Clients Fee Only Advertising Planning 224

Wealth Management

APRIL 16, 2024

Merrill Wealth Management added around 7,300 net new clients during the first quarter, which was in line with the previous two quarters but down year-over-year.

Clients 109

Clients Assets Wealth Management Management 109

Wealth Management

APRIL 7, 2024

Focusing on behavioral finance techniques to serve clients across their lifetime.

Clients 102

Clients 102

Million Dollar Round Table (MDRT)

MARCH 28, 2024

By Antoinette Tuscano Just as there are many types of clients, there are many ways financial advisors can work and communicate with their clients to build engagement. 4 ways to find more clients When you build a referral system, you build a growing business.

Clients 77

Clients Financial Advisor Communication 77

Million Dollar Round Table (MDRT)

MARCH 5, 2024

De Leon, LUTCF If we assume nothing has changed for financial advisors and their clients in the past few years, we’ll all be disappointed. The world of finance is evolving rapidly, and high-net-worth (HNW) clients are not looking for the best salespeople. I teach them how to position what I do for clients through role-playing.

Clients 89

Clients Financial Planning Financial Advisor Assets 89

Million Dollar Round Table (MDRT)

MARCH 31, 2024

By Romel Rivera Garganera Clients don’t know what we do and haven’t seen what we have. Below is something I tell clients to help them understand the cost and impact of delaying their financial planning, and I hope you find it helpful as well with your clients. Most people want to arrive at the airport about two hours early.

Insurance 82

Insurance Clients Financial Planning Planning 82

Wealth Management

APRIL 10, 2024

After leaving Linscomb & Williams last year to launch an independent RIA that cuts clients in on profits, Harold Williams and his brother are being sued by the bank that bought their firm in 2012.

Clients 113

Clients Banking 113

Million Dollar Round Table (MDRT)

MARCH 10, 2024

Dipp Metzger, CFP, MSFS In working with the affluent — clients with a net worth between $5 million to $250 million — I’ve found they value simplicity, especially when they have complex financial planning issues. This allows clients to see if their financial plans align with their goals and match what they want done for their families.

Clients 84

Clients Financial Planning CFP Planning 84

Sara Grillo

APRIL 26, 2024

Why don’t clients listen? Clients can be so stubborn! From a subscriber : “I have this one stubborn client who never does anything I say. I hope this blog about how to make clients listen was helpful. Sara G The post How to make clients listen to you appeared first on Sara Grillo. Thanks for reading.

Clients 52

Clients Risk Tolerance Financial Advisor Financial Planning 52

Million Dollar Round Table (MDRT)

FEBRUARY 11, 2024

By Michael DePilla, MDRT in-language content strategist You’ll experience better client retention when you relate well with clients. Try one — or all — of these three ideas from MDRT members to connect better with your clients. We always use a lot of analogies because clients get confused very quickly.

Clients 80

Clients Sales Communication 80

Advisor Perspectives

JANUARY 17, 2024

I asked our authors and guest contributors the following question: Given the availability of spot bitcoin ETFs, would you recommend them (or any other cryptocurrency allocation) to your clients?

Clients 128

Clients 128

Advisor Perspectives

MARCH 27, 2024

You're accustomed to analyzing market trends, understanding financial products, and strategizing to achieve your clients' financial well-being. But there's one crucial question you have been overlooking…

Clients 111

Clients Marketing Marketing 111

Million Dollar Round Table (MDRT)

APRIL 7, 2024

By Adam Thomas Rex, CFP, AIF A good client of mine wanted me to start working with his son, who was getting ready to graduate from medical school and had basically graduated debt-free because of his mom and dad’s contributions toward college. ” That was an incredibly difficult conversation.

Clients 82

Clients Medical CFP Management 82

Million Dollar Round Table (MDRT)

APRIL 23, 2024

By Kathryn Furtaw Keuneke, MDRT Content Development Director Clients don’t want to hear about products; they want to know what solutions they provide. To show clients the value of disability insurance, Westhoelter said during his ConneXion Zone presentation at the 2017 MDRT Annual Meeting, he puts them through a one-day exercise.

Insurance 68

Insurance Clients Marketing Marketing 68

Advisor Perspectives

APRIL 16, 2024

To keep your clients, do more than just your job – you need to keep them engaged. There’s a place for old-school engagement techniques like birthday cards and regular client meetings, but we can do better.

Clients 69

Clients 69

Wealth Management

NOVEMBER 10, 2023

Adopting an advice-centric engagement model places the decision-making authority squarely in the hands of those with the most vested interest—the clients themselves.

Clients 117

Clients 117

Wealth Management

MARCH 20, 2024

More than half of the advisory clients in a February survey reported leaving their advisor in 2023, while another 9% thought about it.

Clients 122

Clients 122

Wealth Management

MARCH 25, 2024

Ninety-two percent of advisors report that their clients have expressed interest in HYSAs.

Clients 109

Clients 109

Wealth Management

DECEMBER 21, 2023

Education about gold investments is key to ensuring clients have a well-balanced portfolio that can withstand economic fluctuations.

Portfolio 113

Portfolio Clients Education Economics 113

Million Dollar Round Table (MDRT)

SEPTEMBER 19, 2023

By Bryce Sanders Why don’t your friends and clients send referrals? Simply, they may be unaware you are accepting new clients. Why would they think an insurance or financial services professional isn’t always looking for new clients? They think finding new clients is a rite of passage for new people in the profession.

Clients 88

Clients Advertising Financial Services Insurance 88