Wealth Management

JANUARY 6, 2023

New research from WealthManagement.com's WMIQ suggests firms are inhibiting growth by minimizing, and in many cases mishandling, marketing and client communications.

Communication 303

Communication Clients Marketing Marketing 303

Wealth Management

NOVEMBER 5, 2024

UniFi by CAIA's Aaron Filbeck details the evolution of alternative investments and the importance of client communication.

Communication 246

Communication Clients Investments Investing 246

Wealth Management

NOVEMBER 5, 2024

UniFi by CAIA's Aaron Filbeck details the evolution of alternative investments and the importance of client communication.

Communication 241

Communication Clients Investments Investing 241

Nerd's Eye View

NOVEMBER 11, 2024

Advisors might consider outsourcing roles such as social media management, search engine optimization, web development, event management, and performance analytics, among other options. Advisors may also want to consider a contractor's communication style and marketing philosophy to assess compatibility with the firm's values.

Marketing 246

Marketing Marketing Communication Engineering 246

Nerd's Eye View

MAY 29, 2025

But delivering those recommendations in a way that clients can understand and act on is a separate skill. And when an advisor is already managing a full schedule, carving out the time to make the message clear can be a real challenge. One way to simplify delivery is to build meetings around a single core takeaway.

Clients 130

Clients Communication Tax Planning Financial Advice 130

Nerd's Eye View

DECEMBER 26, 2024

Just a few decades ago, giving financial advice was largely a manual process – printing lengthy financial plans, processing physical checks, and managing paper files. Many client concerns are deeply personal, requiring empathy, trust, and a nuanced understanding of complex emotional and financial situations.

Financial Planning 244

Financial Planning Planning Financial Advice Clients 244

Nerd's Eye View

NOVEMBER 4, 2024

And for #AdvisorTech companies who want to submit their tech announcements for consideration in future issues, please submit to TechNews@kitces.com !

Estate Planning 243

Estate Planning Planning Communication Clients 243

Wealth Management

MAY 15, 2025

Jump, Zeplyn and Zocks, which can all capture meeting notes and create summaries, help generate client communications and trigger service actions, have now been integrated with the AdvisorEngine platform.

Communication 252

Communication Clients 252

Wealth Management

JANUARY 29, 2025

Clearly explaining the technical aspects of the planners proposals aids in the successful implementation of estate plans.

Communication 277

Communication Estate Planning Clients Planning 277

Nerd's Eye View

JANUARY 9, 2025

While financial advisors offer valuable services for their clients, it can sometimes be challenging to gauge how much clients actually value those services. On one hand, a client's willingness to pay an ongoing fee for financial advice suggests that they find the advisor's services worthwhile.

Financial Advice 220

Financial Advice Asset Allocation Clients Wealth Management 220

Nerd's Eye View

NOVEMBER 26, 2024

Kevin is the CEO of Connecticut Wealth Management, an RIA based in Farmington, Connecticut, that oversees approximately $4 billion in assets under management for 1,100 client households. Welcome to the 413th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Kevin Leahy.

Wealth Management 246

Wealth Management Financial Advisor Clients Planning 246

Nerd's Eye View

MARCH 21, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a report from Cerulli Associates found that, amidst an industry-wide trend towards comprehensive financial planning and away from pure transaction-based investment management, asset-based fees currently represent 72.4%

Financial Planner 220

Financial Planner Commission Communication Clients 220

Nerd's Eye View

JUNE 19, 2023

The necessity of fee increases entails a certain amount of pain for monthly-fee advisors since each conversation around raising fees creates the possibility of pushback from clients that could put a strain on the client-advisor relationship. Read More.

Communication 246

Communication Clients Planning Financial Advisor 246

Nerd's Eye View

NOVEMBER 29, 2024

Which could prove to be a boon for the financial advice industry as more consumers are willing to entrust their assets to an advisor (while at the same time possibly making it tougher for some advisors to differentiate themselves primarily by how they put their clients' interests first?). Read More.

Financial Planner 246

Financial Planner Financial Advice Retirement Financial Advisor 246

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets 246

Assets Management Clients Compliance 246

Abnormal Returns

APRIL 29, 2024

Podcasts Ben Johnson and Julie Willoughby talk with Jen Abate, Head of Financial Institutions Group at Lazard Asset Management (morningstar.com) Cameron Passmore and Benjamin Felix talk with Meir Statman author of the new book "A Wealth of Well-Being: A Holistic Approach to Behavioral Finance."

Communication 278

Communication Wealth Management Management Assets 278

Wealth Management

APRIL 25, 2023

“Personalization with efficiency” is key to building strong client relationships.

Communication 275

Communication Clients 275

Nerd's Eye View

OCTOBER 31, 2024

For many years, the traditional career track for financial advisors has been an 'eat what you kill' model – where advisors must independently find, convert, and manage their own clients. As such, it isn't uncommon for an advisor's first few years to be characterized by long hours, high rejection rates, and low pay.

Financial Advisor 238

Financial Advisor Clients Communication Management 238

Nerd's Eye View

JANUARY 31, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that following the change of administration (and a new incoming chair of the SEC), the Investment Adviser Association is seeking to find ways to help RIAs (particularly smaller firms) manage the compliance responsibilities they (..)

Financial Planner 244

Financial Planner Retirement Planning Compliance Communication 244

Wealth Management

AUGUST 4, 2023

True personalization means taking the time to understand your clients' preferred learning styles and communication preferences to lay the foundation for fruitful dialogue, genuine comprehension of your advice, and ultimately, sound decision-making and action by the client.

Communication 246

Communication Clients 246

Nerd's Eye View

JANUARY 6, 2025

FINNY AI, an AI-powered prospecting tool, has raised $4.2 FINNY AI, an AI-powered prospecting tool, has raised $4.2 FINNY AI, an AI-powered prospecting tool, has raised $4.2

Startup 188

Startup Financial Advisor Clients Portfolio Management 188

Nerd's Eye View

FEBRUARY 19, 2025

When a client first begins working with an advisor, the relationship is often marked with a flurry of onboarding tasks, immediate issues to resolve, and long-term planning goals to establish. And as clients come into monitoring meetings, they may increasingly describe their situation as "fine", with no pressing issues to address.

Clients 152

Clients Financial Planning Planning Management 152

Abnormal Returns

JANUARY 30, 2023

Podcasts Daniel Crosby talks with Jamie Hopkins, Managing Partner of Wealth Solutions at Carson Group, about understanding our money stories. thinkadvisor.com) Practice management How Thomas Kopelman used content marketing thoughtfully to build an advisory practice. kitces.com) How to communicate with a client leaving your practice.

Management 241

Management Nonprofit Financial Planning Communication 241

Nerd's Eye View

MARCH 24, 2025

A few key principles can make the onboarding process smoother for both the associate advisor and their manager. First, clarity: both the advisor and manager should be able to clearly define the core financial planning skills that a new hire is expected to develop in their first year. building an initial financial plan).

Planning 130

Planning Clients Financial Planning Communication 130

Nerd's Eye View

MAY 19, 2025

In many advisory firms today, associate advisors don't begin with prospecting or running client meetings; instead, they start with back-end technical work, such as financial plan preparation, before gradually developing the strategic and client communication skills needed for greater independence. Read More.

Financial Planning 137

Financial Planning Communication Certification Planning 137

Nerd's Eye View

APRIL 29, 2025

Gideon is the CEO of Drucker Wealth, a hybrid advisory firm based in New York City, that oversees approximately $1 billion in assets under management for 800 client households.

Clients 130

Clients Financial Advisor Planning Assets 130

Indigo Marketing Agency

MARCH 20, 2025

Recession Concerns & Market Volatility: How Financial Advisors Should Communicate With Clients As financial advisors , youre well aware that so far the 2025 financial market has been more unpredictable than a toddler. Why Proactive Communication Matters If theres one thing more unpredictable than the markets, its human emotion.

Financial Advisor 69

Financial Advisor Communication Marketing Marketing 69

Nerd's Eye View

JULY 29, 2024

Most financial advisors strive to provide excellent client care and prioritize a systematic process to maintain regular communication with their clients both on a scheduled (e.g., Suddenly, the question of, "What does it mean to provide the best care for clients at this firm as a team?" becomes a crucial one to solve.

Clients 246

Clients Communication Healthcare Planning 246

Nerd's Eye View

MARCH 15, 2023

Risk management is a key part of many financial advisors’ value propositions. For instance, ensuring clients maintain the proper insurance coverage based on their needs is an important part of the financial planning process. At the same time, clients face another class of risks that advisors often do not consider: cyber.

Management 246

Management Clients Wealth Management Insurance Coverage 246

Nerd's Eye View

JANUARY 15, 2025

However, the WEP and GPO proved unpopular and difficult to manage in practice. The penalty calculations were complex and difficult to estimate, and the provisions were poorly communicated to those affected. The WEP and GPO adjustments were meant to 'correct' the discrepancy. Read More.

Government 246

Government Retirement Planning Planning Retirement 246

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 246

Clients Communication Financial Advisor Wealth Management 246

Wealth Management

SEPTEMBER 13, 2023

Thursday, October 05, 2023 | 2:00 PM ET

Communication 278

Communication Clients 278

Nerd's Eye View

APRIL 22, 2025

Vanessa is the CEO of Expressive Wealth, an RIA based in Chicago, Illinois, that oversees $135 million in assets under management for approximately 70 client households, including 10 ‘core' ultra-high-net-worth families.

Clients 130

Clients Planning Estate Planning Communication 130

FMG

MAY 30, 2025

This communication gap is costing you clients, opportunities, and competitive advantage. Modern clients expect instant responses, but most advisors remain stuck in outdated email-only loops. Meanwhile, other advisors are winning business by meeting clients where they actually communicate. The result?

Communication 52

Communication Financial Advisor Clients Compliance 52

Nerd's Eye View

MARCH 3, 2025

This month's edition kicks off with the news that Morningstar Office will be shutting down in early 2026 as a part of Morningstar's ongoing effort to refocus on its core investment data and analytics business – forcing advisors currently using the tool to switch (which might be a net positive for many of those advisors who have long complained (..)

Estate Planning 152

Estate Planning Portfolio Management Communication Portfolio 152

Nerd's Eye View

NOVEMBER 6, 2024

In the early days of financial planning, serving clients often meant developing transactional relationships focused on facilitating trades and selling insurance. Over time, advisors shifted toward more analytical approaches, such as investment management and retirement planning.

Clients 130

Clients Planning Financial Planner Financial Planning 130

Nerd's Eye View

JULY 22, 2024

The obvious answer to growing beyond the capacity of a single owner/advisor is to build a team of employees (either in advisory and/or other roles like client service or operations) that can accommodate additional room for growth.

Clients 246

Clients Communication Compliance Management 246