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Mason received a 97-month prison sentence for defrauding clients of over $17 million. Mason, a former advisor who was barred from the industry, was sentenced to 97 months in prison and three years of supervised release for defrauding at least 13 advisory clients out of more than $17 million, according to the Department of Justice.
It’s this unique vantage point, and depth of knowledge and empathy, plus a natural ability to “connect the dots” that have earned Jason the trust and respect of the industry’s most sophisticated financial advisors at one of the nation’s leading recruiting and consulting firms.
As a result, financial advisors should start honing the services Gen X members will likely benefit from the most, including retirementplanning, estate and tax planning and mortgage refinancing. They also make up the second biggest client base for financial advisors after baby boomers. trillion annually.
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.
When onboarding new clients, financial advisors often use a three-meeting cadence: a Discovery Meeting to gather information, a Presentation Meeting to discuss the plan, and an Implementation Meeting to finalize it. while also setting the tone for a long-term planning relationship built on trust and deeper client engagement.
When onboarding new clients, financial advisors often use a three-meeting cadence: a Discovery Meeting to gather information, a Presentation Meeting to discuss the plan, and an Implementation Meeting to finalize it. while also setting the tone for a long-term planning relationship built on trust and deeper client engagement.
manages about $300 million in client assets. Jacob William Advisory has proactively recruited next-generation advisors as part of its business continuity plan. Dixon-James launched Resilient Wealth Management in 2020 and now manages about $250 million in advisory, brokerage and retirementplan assets.
kitces.com) EstateplanningEstateplans are a big lift for everyone, including advisers themselves. kindnessfp.com) Why clients need to organize their digital assets for estateplanning purposes. riabiz.com) This money manager's ETF business was built on entertaining clients.
Alex Ortolani , Senior Reporter , WealthManagement.com July 15, 2025 3 Min Read Cory Nakamura, chief investment strategist at Mosaic Pacific Creative Planning Adds $430M Hawaii-based RIA Creative Planning, the mega-registered investment advisor based in Overland Park, Kan. , " The deal is Creative Planning’s 13th in two years.
(kitces.com) Peter Lazaroff talks with Christine Benz about the most overlooked parts of a retirementplan. riabiz.com) The battle over online estateplanning is only heating up. riabiz.com) The battle over online estateplanning is only heating up. How to talk to clients about tariffs.
Full transcript below. ~~~ About this week’s guest: Christine Benz is Director of Personal Finance & RetirementPlanning at Morningstar; her new book is “ How to Retire: 20 Lessons for a Happy, Successful, and Wealthy Retirement. ” She is the Director of Personal Finance and RetirementPlanning at Morningstar.
They are not real clients and are intended solely for educational purposes. FAQs: Understanding the Basics How much should I contribute to my retirementplan? High earners often use multiple vehicles, like IRAs, taxable accounts, or deferred compensation plans.
AI-powered search, social media algorithms, and Answer Engine Optimization (AEO) are transforming how potential clients find financial advisors. Instead, you should be asking, “How do I ensure clients find my financial services wherever they search? Traditional SEO strategies alone are no longer enough.
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 estateplanning documents.
This approach typically provides greater benefits to those who have significant assets and high taxable income in retirement. Inheritance and estateplanning There are a couple ways a Roth IRA conversion can assist with estate and legacy planning. A spouse may also elect to defer RMDs if they inherit the account.
Unexpected events can derail your progress toward your goals and even your financial security if you don’t have a plan for managing them. Financial planning should ideally involve every area of your financial life because they are all interrelated. Estateplanning. Create an estateplan.
This is where competent, ethical, and client-first financial planners step in. Whether it’s investment planning, retirementplanning, tax strategy, estate management, insurance planning, or holistic money management, the CFP designation proves that you can deliver advice that is both competent and client-centric.
Your home office must serve as either your principal place of business, a space for meeting clients, or exist as a separate structure dedicated to business activities. These variables can significantly impact the final deduction amount, necessitating strategic planning to optimize this benefit.
Introduction In todays challenging financial world, financial advisors must use smart marketing strategies to stand out and attract clients. This way, they can build better connections with potential clients. This means you need to create a message that connects with your ideal client. It is not about sending out many messages.
Comprehensive Financial Planning is Included Many AUM advisors charge extra for estateplanning, tax strategies, and retirementplanning. A flat-fee financial planner includes these services in a transparent pricing model. Are There Any Benefits to AUM-Based Advisors?
Key Highlights Content marketing helps financial advisors stand out and earn trust from potential clients. When advisors share valuable content for a specific target audience, they can attract new clients and boost their online presence. Content marketing is a great strategic approach to find potential clients.
Download a free guide to estateplanning and get the tools you need to protect your wealth, honor your values, and provide for your loved ones. Whether you need help refining your message or launching a full campaign, our expert team handles the details so you can focus on what matters most: your clients.
A critical aspect of advising clients is to ascertain their financial goals correctly. If you or your clients don't genuinely understand the goal, your advice could be dangerously off base, and you could lose your client's confidence.
We start with several articles on retirementplanning: Why considering a client'sretirement time horizon and spending flexibility could lead to more accurate (and often higher) safe withdrawal rates than the simpler "4% rule" Four unique risks retirees face when drawing down their assets, from sequence of returns risk to tax risk, and how financial (..)
As someone deeply entrenched in financial planning and chronologically standing on the threshold of pre-retirement, the book was more than just a leisure read—it was a revelation. My reading list is usually dominated by stock market noise, economic reports, and client-related materials. Submit a form.
Key Highlights We will discuss how to build a strong brand identity and use referrals to attract clients. Learn how to tailor your messages for different clients. They must attract potential clients attention. When they achieve this, they can build solid relationships with potential clients and grow their business.
Seminars get maximum leads and new client conversion rates. Why Financial Advisors Should Host Seminars & Webinars The Power of Education in Attracting Clients With approximately 300,000 U.S.-based By leveraging both formats, you can attract clients as a financial advisor while expanding your network. What is that reason?
As financial professionals, we help clients navigate this shift by developing strategies that turn the wealth they’ve accumulated into reliable retirement income. 3 RMDs apply to accounts such as traditional IRAs, SEP IRAs, SIMPLE IRAs, and retirementplans like 401(k)s. 6 Should You Convert?
When it comes to estateplanning, there are many pieces to ensure that your heirs and loved ones are taken care of and have a clear understanding of your wishes. Any estateplanning professional would tell you that the more you do while you are still living, the better.
2 Critical Client Acquisition Strategies for Financial Advisors Why do some client acquisition strategies for financial advisors work and some dont? Why do some financial advisors seem to have a steady stream of qualified prospects while others struggle to groweven when they do great work for their clients? Lets break them down.
The post Strategic RetirementPlanning Guide for Single Women: Expert Financial Advice appeared first on Yardley Wealth Management, LLC. Without a partner to rely on for financial support, single women must take proactive steps to ensure a secure and comfortable retirement.
Key Takeaways: Net Unrealized Appreciation (NUA) is the difference between the cost basis of employer securities in a retirementplan and their market value at the time of distribution. As a financial professional, understanding the NUA planning concept is essential and can be a valuable strategy for your clients’ retirementplanning.
When someone asks ChatGPT, “Who’s the best financial advisor for retirementplanning in Dallas?” These AI assistants act like savvy gatekeepers, filtering options before potential clients even visit your site. Speak your clients’ language. This makes it simple for AI to pull relevant info and for clients to trust you.
Ultimately, the new "separate accounting" rule creates more flexibility for retirement account owners who want to name a trust as their account beneficiary while still optimizing the tax treatment of distributions for each of the trust beneficiaries. Read More.
Has it been nearly a decade (or more) since you and your spouse updated your estateplan? If so, there’s a good chance your plan includes the classic “AB Trust” structure, which—prior to 2011—was the primary way for married couples to double the value of their federal estate tax exemptions.
This month's edition kicks off with the news that digital estateplanning platform Wealth.com has raised a whopping $30 million in Series A funding, following on the heels of Vanilla's follow-on $20M capital round just a few months ago – which on the one hand reflects the anticipated enthusiasm for solutions that can help advisors efficiently (..)
is here, but what does that mean for your clients' retirement and estateplanning? what it means for your clients, and why now is the best time to prepare. SECURE 2.0
nber.org) Advisers Stellar client care requires the right metrics. papers.ssrn.com) Four steps to create a digital estateplan. thinkadvisor.com) Why participation in employer-sponsored retirementplans is so important. (blairbellecurve.com) How the TCJA affected charitable giving.
Zack is the Director of Financial Planning and Participant Engagement of Greenspring Advisors, an RIA based in Towson, Maryland, that manages $2 billion of private wealth assets under management for 1,300 client households and advises on an additional $5 billion in retirementplan assets.
Attorneys are telling us that 2024 is the time to review and change your estateplan as the lines may be out the door in 2025 for taxpayers wanting to make last minute changes to take advantage of the higher exemption amount. Lastly, I allocate the retirementplan contributions between Roth and Traditional 401(k) accounts.
EstatesEstatePlanning in this Economic Climate Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. If you are in the middle of estateplanning , consider the following strategies to develop a sound plan amidst widespread economic challenges. . Create a Trust . Charitable Remainder Unitrust .
If you are looking for opportunities to grow your business, expanding your services to clients at all stages of the financial planning lifecycle creates new opportunities for you to reach those households in search of professional advice. Starting Out clients are typically focused on beginning to build wealth.
Retirementplanning is an essential aspect of financial security, especially as one transitions from a phase of regular income to relying on savings and investments. With increased life expectancy, the modern retirementplan may need to account for not only a longer life but also for the increased expectations during this phase.
This is the time to do comprehensive financial planning: retirementplanning, investment planning, tax planning and estateplanning. Discuss more advanced estateplanning, charitable planning and special family issues.
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