Nerd's Eye View

AUGUST 25, 2022

Historically, the career path for newer financial advisors has followed a commission-based model that was focused on sales and business development first and learning the technical aspects of financial planning along the way. Read More.

Financial Planning 242

Financial Planning Clients Planning Commission 242

Nerd's Eye View

AUGUST 25, 2022

Historically, the career path for newer financial advisors has followed a commission-based model that was focused on sales and business development first and learning the technical aspects of financial planning along the way. Read More.

Financial Planning 239

Financial Planning Clients Planning Commission 239

Nerd's Eye View

FEBRUARY 9, 2024

Also in industry news this week: A recent study finds that having a defined marketing strategy is a linchpin of marketing success, as advisors with a defined strategy were more likely to have seen an increase in inbound leads during the past 12 months and have more confidence in meeting their practice goals during the coming year than those without (..)

Financial Planner 246

Financial Planner Fee Only CFP Commission 246

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.

Fee Only 246

Fee Only Portfolio Clients Planning 246

Nerd's Eye View

JULY 5, 2024

Supreme Court decision shifting authority to interpret laws passed by Congress from Federal agencies to the judicial system could have significant impacts on regulation of the financial advice industry, including the potential for additional legal challenges to regulations from the Securities and Exchange Commission (SEC), the Department of Labor (DoL), (..)

Financial Planner 246

Financial Planner Retirement Commission Financial Advice 246

Nerd's Eye View

SEPTEMBER 27, 2024

Read More.

Financial Planner 245

Financial Planner Fiduciary Duty CFP Accounting 245

Nerd's Eye View

MAY 22, 2024

With these factors in mind, the Federal Trade Commission (FTC) in April of 2024 announced a final rule banning most non-competes nationwide that is expected to take effect (pending legal challenges) on September 4, 2024.

Financial Advice 245

Financial Advice Commission Clients Sales 245

The Big Picture

MAY 9, 2024

It is a massive Dunning Kruger : exercise in inexperienced but overly confident “ Finfluencers ” reducing complex issues involving money to a slick but misleading sales pitch. What’s dangerous here is that she’s well spoken, seems trustworthy, and comes across confident in her ability to do this for her clients.

Media 336

Media Taxes Math Commission 336

Million Dollar Round Table (MDRT)

NOVEMBER 16, 2023

Many times, though, they’ll tell me they’re really “bad at sales” or “bad at closing.” If it happens often, it can paralyze you from asking for the sale with confidence — and prospects notice the lack of confidence. Some advisors call this “commission breath.” When this is the case, it’s obviously a huge problem.

Sales 105

Sales Commission Financial Advisor Insurance 105

Nerd's Eye View

JULY 30, 2024

Michelle is a Wealth Advisor for Financially Wise Divorce, a hybrid advisory firm based in Minneapolis, Minnesota, that oversees $87 million in assets under management for 91 client households.

Clients 130

Clients Financial Advisor Insurance Wealth Advisor 130

Darrow Wealth Management

NOVEMBER 4, 2024

A fiduciary advisor is a financial professional who is legally obligated to act in the best interest of their clients. A fiduciary must always prioritize their clients’ needs above their own interests and mitigate or disclose any conflicts of interest that may arise. Not all advisors are fiduciaries.

Financial Advisor 74

Financial Advisor Certified Financial Planner Fiduciary Duty Fee Only 74

Advisor Perspectives

JUNE 12, 2024

Then any commissions earned from the sale of products, usually insurance products, are credited back to the client, offsetting and reducing the annual fee by the amount of the commission. A planner using a fee-offset model sets an annual fixed fee for their services.

Commission 64

Commission Insurance Sales Clients 64

Tobias Financial

JUNE 16, 2025

Life transitions such as marriage, divorce, the birth of a child or grandchild, career changes, retirement, an inheritance, or the purchase or sale of a home can all influence your broader financial picture. These events may affect your investment approach, tax planning strategies, insurance needs, and estate planning documents.

Planning 52

Planning Engineering Financial Planning Financial Advisor 52

Nerd's Eye View

OCTOBER 17, 2023

Brad is the Co-Founder & CEO of Intellicents, an independent RIA with 12 offices across the country and headquartered in Albert Lea, Minnesota, that oversees $6 billion in assets under management for more than 3,000 client households.

Financial Planning 130

Financial Planning Planning Retirement Planning Wealth Management 130

MainStreet Financial Planning

FEBRUARY 1, 2024

Here is what makes us different: Hourly, Fee-Only Service: We operate on an hourly or, flat, fee-only basis, ensuring transparency and alignment of interests with our clients. Importantly, we do not accept sales commissions or any compensation beyond what is directly agreed upon with our clients.

Financial Advice 98

Financial Advice Planning Fee Only Financial Planning 98

Trade Brains

JUNE 10, 2025

Risk Factors Clients with unstable financial standing, such as state power firms, pose a threat to the company. With 36% of the overall loan book as of December 31, 2024, the company is also exposed to client concentration risk. EPC contracts are finished, and payments will go up in FY26. Mt, with its metal reserves surpassing 13.1

Financial Services 72

Financial Services Certification Investments Investing 72

MarketWatch

MARCH 2, 2023

ZM disclosed in a Thursday filing with the Securities and Exchange Commission that it has fired Greg Tomb, who served as the company’s president. Zoom Video Communications Inc. The “termination without cause” is effective Friday.

Commission 75

Commission Communication Sales Clients 75

Sara Grillo

OCTOBER 31, 2022

Any financial advisor who is registered as an advisor with a regulator has to fill out this form for initial approval by either a state or a Federal (the United States Securities and Exchange Commission) regulator. The Form ADV Part I provides basic business detail about things such as ownership, clients, employees, etc.

Financial Advisor 110

Financial Advisor Commission Clients Compliance 110

BlueMind

DECEMBER 23, 2022

You will Like: How Advisors Deal With High Net Worth Clients. Deciding to chase after bigger commissions and targeting high net worth clients, he begins his own firm selling penny and IPO stocks. Moreover, be aware of assets sold at a heavily discounted price (also known as a fire sale.) The Wolf Of Wall Street (2013).

Financial Advisor 98

Financial Advisor Commission Clients Management 98

Yardley Wealth Management

OCTOBER 22, 2024

How Conflicts of Interest Shape Financial Advice: A Conversation with Mike Garry and Amy Patterson Conflicts of interest in financial advice can greatly impact the recommendations that clients receive, especially from fee-only advisors. They do not earn commissions from selling financial products.

Financial Advice 52

Financial Advice Fee Only Commission Financial Advisor 52

Harness Wealth

SEPTEMBER 15, 2023

In the process of growing your accounting firm, building better client relationships is one of the most important elements of long-term success, and that starts with a robust client onboarding process. Table of Contents What is Client Onboarding? Why is Client Onboarding So Important?

Accounting 59

Accounting Clients Taxes Communication 59

Sara Grillo

OCTOBER 21, 2022

Fee-only advisor – This is an advisor that does not charge commissions and hence is believed to be more aligned with the client’s best interests. A financial paraplanner is a junior wealth management professional who supports the research, operations, and client service activities of a financial planner.

Insurance 98

Insurance Financial Planner Fee Only Financial Advisor 98

Walkner Condon Financial Advisors

APRIL 17, 2023

Fee-Only financial advisors and firms receive no sales-related compensation or incentives. They are compensated only by the fee the client pays. In contrast, a commission-based financial advisor receives commissions or other forms of compensation from financial product providers for recommending and selling their products.

Fee Only 52

Fee Only Financial Advisor Certified Financial Planner Commission 52

Walkner Condon Financial Advisors

APRIL 21, 2023

Fee-Only financial advisors and firms receive no sales-related compensation or incentives. They are compensated only by the fee the client pays. In contrast, a commission-based financial advisor receives commissions or other forms of compensation from financial product providers for recommending and selling their products.

Certified Financial Planner 52

Certified Financial Planner Financial Advisor Fee Only Financial Planner 52

WiserAdvisor

AUGUST 18, 2023

Fee-only financial advisors Average cost: $200 to $400 an hour/ $1,000 to $3,000 per plan/ 1.18% to 0.59% of AUM Fee-only financial advisors are professionals who do not receive commissions from selling financial products. Instead, they charge fees directly to their clients for the services they provide.

Financial Advisor 52

Financial Advisor Commission Fee Only Financial Planning 52

Trade Brains

DECEMBER 24, 2023

The Company earns 11.66% of its revenue from the sale of products while the remaining 88.34% is from the sale of services. The Company’s clients include Coromandel, ArcelorMittal, Nirma, GlaxoSmithKline, Reliance & the Adani Group. The Company has 3 commissioned manufacturing units. Its FY23 revenue was Rs.

Commission 96

Commission Manufacturing Sales Portfolio 96

Carson Wealth

AUGUST 28, 2022

Financial advisors provide financial planning or investment guidance to clients. They generally provide advice to help their clients pursue their financial goals. . Most common is charging a percentage of assets managed on behalf of a client. The commission is not paid directly by the consumer.

Financial Advisor 52

Financial Advisor Commission Insurance Financial Planning 52

Trade Brains

FEBRUARY 28, 2024

With retail bakery and institutional segment included, bakery segment sales in Q3FY24 was Rs. It exports to 69 countries on six continents and provides its products to reputable institutional clients with a presence throughout India, in addition to retail customers in 26 states in India. 146 crores, up from ₹127 crores in Q3FY23.

Food 59

Food Commission Distribution Retail 59

WiserAdvisor

JUNE 12, 2022

Advisors have different fee structures where you can hire their services on an hourly rate, a retainer basis, or the assets under management (AUM) model where the advisor is paid a certain percentage as fee based on the amount of assets managed by him on behalf of his clients. Avoid paying commissions upfront to advisors.

Financial Advisor 52

Financial Advisor Fiduciary Duty Commission Financial Planning 52

Trade Brains

AUGUST 11, 2023

It earned a net profit of Rs 35 crore on sales of Rs 44 crore in FY23 making it a penny stock with high net profit margin of 78.6% Avonmore Capital and Management Services earned a net profit of Rs 122 crore on sales of Rs 211 crore. Along these lines, it has commissioned two facilities for the expansion of its operations.

Pharmaceutical 98

Pharmaceutical Financial Services Sales Manufacturing 98

Clever Girl Finance

JULY 12, 2023

Hands-on jobs Administrative jobs Jobs that involve sales People-oriented jobs Highest paying jobs for creatives Computer jobs Expert tip How to apply for and get jobs that pay well without a degree How can I make $100,000 a year without a college degree? These sales jobs could be for you! There’s always money in sales!

Education 98

Education Certification License Sales 98

Inside Information

JANUARY 31, 2022

At the top of my conflict list is sales contests , which basically tell brokers what “investment opportunities” to sell and give them a financial incentive (and, of course, firm-wide recognition to the winners, which is an incentive in itself) to recommend them to their unwary customers. Apparently not very effectively.

Commission 40

Commission Clients Sales Fee Only 40

International College of Financial Planning

SEPTEMBER 3, 2021

When choosing this, look for a planner with an active license, one who is accredited by a board or association, and one who has experience of working with clients of your profile. After all, if a client feels that a financial planner understands him, then he remains loyal to him. Are you looking for a financial advisor?

Financial Planner 52

Financial Planner Financial Advisor Certified Financial Planner Commission 52

Inside Information

JUNE 28, 2023

This is really none of my business, but I can’t help saying that I hate the new policy at the National Association of Personal Financial Advisors regarding trail commissions. The former partner was telling clients that the commissions on the products they were buying would be used, totally, 100%, to offset his fees.

Commission 40

Commission Fee Only Clients Financial Advisor 40

Good Financial Cents

JUNE 11, 2023

Then there’s Blueleaf, which I subscribe to for my clients and find to be excellent on both accounts, but it’s not available to the DIY investor. They charge either a percentage of assets managed or a flat hourly rate that can run as high as several hundred dollars per hour, plus trading commissions and administrative fees.

Management 80

Management Investments Investing Accounting 80

ClearMoney

DECEMBER 5, 2021

The UK Financial Conduct Authority cited a number of concerns as it prohibited the sale of “cryptoasset” investment products to retail investors last year. Prohibiting the sale to retail clients of investment products that reference cryptoassets,” Financial Conduct Authority, June 10, 2020.

Commission 52

Commission Retail Sales Distribution 52

Sara Grillo

DECEMBER 12, 2022

Watch as all h&#@ breaks loose discussing the question of broker vs. financial advisor, commissions, fees, value, and more! We talked about: What is the best, fairest fee model for the client? Does the way you are paid dictate how you serve clients? Does it matter that clients know the fees they are paying?

Financial Advisor 52

Financial Advisor Commission Clients Insurance 52