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 240

Financial Advisor Clients Communication Management 240

Nerd's Eye View

DECEMBER 24, 2024

Welcome to the 417th episode of the Financial Advisor Success Podcast ! Paul is the CEO of More Clients More Fun, a marketing company that helps financial advisors conceptualize and publish their own book in a consolidated 6-week process. Welcome everyone! My guest on today's podcast is Paul G McManus.

Financial Advisor 246

Financial Advisor Clients Communication Accounting 246

Wealth Management

OCTOBER 9, 2023

This article examines three key use cases where AI can benefit financial advisors: practice management, client engagement and prospecting.

Financial Advisor 338

Financial Advisor Clients Management 338

Nerd's Eye View

MARCH 17, 2025

And with the advent of AI in particular, questions have emerged about whether technology will replace many human jobs, including financial advisors. For which industry-specific providers are building the entire advisor-CRM-integrated workflow. Yet now, two years later, AI has not driven a mass wave of unemployment.

Financial Advisor 148

Financial Advisor Clients Financial Planning Professional Services 148

The Big Picture

MAY 3, 2025

Fun conversation in Barron’s about Steering Clients Away From Bad Investing Mistakes. Douglas Boneparth of Bone Fide Wealth, Jennifer Li of EP Wealth Advisors, and yours truly. By John Kimelman Barron’s May 01, 2025 The post Steering Clients Away From Investing Mistakes appeared first on The Big Picture.

Clients 147

Clients Investing Investments Wealth Advisor 147

Nerd's Eye View

DECEMBER 17, 2024

Welcome to the 416th episode of the Financial Advisor Success Podcast ! Fran is the CEO of Toler Financial Group, an RIA based in Silver Spring, Maryland, that oversees nearly $200 million in assets under management for 280 client households. Welcome everyone! My guest on today's podcast is Fran Toler. Read More.

Compliance 245

Compliance Financial Advisor Financial Advice Clients 245

Wealth Management

MAY 2, 2025

A practical implementation guide of how financial advisors can implement a subscription payment model to clients beyond just charging the AUM fee.

Financial Advisor 271

Financial Advisor Clients 271

Nerd's Eye View

MARCH 6, 2025

New financial advisors often start with below-market fees – sometimes to build confidence that prospects will actually pay, other times to attract clients quickly and establish a base. But as the firm grows, so does an advisor's skill set and the demands on their time.

Clients 182

Clients Ethics Financial Advice Budgeting 182

Nerd's Eye View

FEBRUARY 5, 2025

Health Savings Accounts (HSAs) have become an increasingly popular tool for financial advisors and their clients due in part to the 'triple tax savings' they offer: tax-deductible contributions, tax-free growth, and non-taxable distributions for qualifying expenses. Read More.

Accounting 234

Accounting Taxes Medical Healthcare 234

Wealth Management

SEPTEMBER 9, 2024

Verdence Capital's Leo Kelly details how artificial intelligence and enhance the evolving relationship between advisors and clients.

Financial Advisor 289

Financial Advisor Clients 289

Nerd's Eye View

FEBRUARY 4, 2025

Welcome to the 423rd episode of the Financial Advisor Success Podcast ! Cristina is the CEO of Mana Financial Life Design, an RIA based in Los Angeles, California (but works virtually with clients nationwide), that oversees approximately $70 million in assets under management for 119 client households.

Financial Advisor 229

Financial Advisor Clients Financial Planning Planning 229

The Chicago Financial Planner

FEBRUARY 2, 2024

A part of this process might include hiring a financial advisor or hiring a new financial advisor if you have decided to move on from your current advisor. Hiring the right advisor for your needs is critical. Here are six questions to ask when choosing a financial advisor: How do you get paid?

Financial Advisor 249

Financial Advisor Financial Planner Fee Only Clients 249

Wealth Management

AUGUST 6, 2024

Financial advisors view the market correction as a normal course of events and a good buying opportunity. Market volatility is my best friend,” one advisor said. This is an opportunity to show clients why they pay us a fee, to navigate difficult times with a rock steady approach.”

Clients 317

Clients Financial Advisor Marketing Marketing 317

Nerd's Eye View

APRIL 2, 2025

For many financial advisors, a core part of the retirement planning process involves simulating whether the client's assets will last through retirement. Yet while these tools offer mathematical metrics, they often fall short in helping clients connect the numbers to their real lives.

Retirement 148

Retirement Clients Retirement Planning Marketing 148

Nerd's Eye View

FEBRUARY 18, 2025

Welcome to the 425th episode of the Financial Advisor Success Podcast ! Sebastian is the President of Guerra Wealth Advisors, a hybrid advisory firm based in Miami, Florida, with nearly $15M of revenue and almost 60 team members, supporting over 1,700 client households. Welcome everyone!

Financial Planning 148

Financial Planning Clients Planning Wealth Advisor 148

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

APRIL 21, 2025

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.

Retirement 130

Retirement Clients Planning Estate Planning 130

Nerd's Eye View

APRIL 21, 2025

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.

Retirement 130

Retirement Clients Planning Estate Planning 130

The Big Picture

OCTOBER 15, 2022

This week, we speak with Thomas Rampulla, managing director of Vanguard’s Financial Advisor Services. The division provides investments, services, education and research to more than 1,000 financial advisory firms representing more than $3 trillion in assets. in client funds. Tom Rampulla’s favorite books.

Financial Advisor 306

Financial Advisor Education Retail Management 306

Nerd's Eye View

APRIL 29, 2025

Welcome to the 435th episode of the Financial Advisor Success Podcast ! 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. Welcome everyone! My guest on today's podcast is Gideon Drucker.

Clients 130

Clients Financial Advisor Planning Assets 130

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 229

Financial Advice Asset Allocation Clients Wealth Management 229

Nerd's Eye View

JANUARY 21, 2025

Welcome to the 421st episode of the Financial Advisor Success Podcast ! Daniel is the CEO of WMGNA, a hybrid advisory firm based in Farmington, Connecticut, that oversees approximately $270 million in assets under management for 200 client households. Welcome everyone! My guest on today's podcast is Daniel Friedman.

Taxes 209

Taxes Tax Planning Financial Advisor Compensation Planning 209

Nerd's Eye View

SEPTEMBER 30, 2024

When it comes to focusing on a niche for financial advisors, business owner clients can be an appealing target as they can have complex financial planning problems ranging from cash flow management to tax planning to acquisition strategies.

Financial Advisor 243

Financial Advisor Clients Financial Planning Tax Planning 243

Wealth Management

NOVEMBER 20, 2024

New tools automate the process of personalizing service and communications to improve the advisor-client relationship.

Financial Advisor 325

Financial Advisor Communication Clients 325

Nerd's Eye View

APRIL 28, 2025

An advisory firm's website often serves as the hub for attracting new clients, with various forms of content acting as 'spokes' that attract prospective clients to the firm. But for many advisors, the hardest part of creating a content marketing strategy is knowing where to start. At this stage, building trust is essential.

Clients 148

Clients Marketing Marketing Financial Advisor 148

Nerd's Eye View

FEBRUARY 6, 2025

And at the same time, prospects are likely to feel vulnerable and equally nervous with their own set of concerns – how to present themselves to the advisor, what questions to ask, and how to explain their issues while still feeling competent. Read More.

Communication 196

Communication Clients Financial Advisor Sales 196

Nerd's Eye View

JANUARY 17, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that at a time when brokerage firms' cash sweep programs come under increased scrutiny (and as the Federal Reserve has cut interest rates), Charles Schwab (the largest RIA custodian) continues to slash sweep rates for client (..)

Financial Planner 246

Financial Planner Retirement Planning Retirement Financial Advisor 246

Nerd's Eye View

JUNE 10, 2024

client retention rates remaining robust, and at least a bit of client referral growth trickling in. Which is leading to healthy profit margins at the typical advisory firm, as more and more advisors eye the possibility that AI will produce even more business efficiencies (and stronger profitability) in the year to come.

Financial Advisor 246

Financial Advisor Financial Planner Clients Communication 246

Nerd's Eye View

JANUARY 6, 2025

Welcome to the January 2025 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! FINNY AI, an AI-powered prospecting tool, has raised $4.2

Startup 188

Startup Financial Advisor Clients Portfolio Management 188

Nerd's Eye View

JANUARY 22, 2025

Financial advisors often engage with a variety of prospects, each with unique needs and motivations. Some prospects approach an advisor with an immediate 'problem to be solved', such as a fast-approaching retirement date. I help clients in retirement by doing X, Y, and Z.").

Financial Advice 239

Financial Advice Financial Planning Retirement Clients 239

Nerd's Eye View

APRIL 8, 2025

Welcome to the 432nd episode of the Financial Advisor Success Podcast! Seth is the founder of Heartwood Financial Planning, an advisory firm affiliated with PlanMember Securities Corporation that is based in Fresno, California, and oversees approximately $100 million in assets under management for 850 client households.

Financial Planning 130

Financial Planning Clients Planning Financial Advisor 130

Wealth Management

APRIL 22, 2025

Adam Grealish and Ryan Nauman discuss how technology enhances client experience and operational efficiency for financial advisors by automating tasks like account opening and portfolio rebalancing, and the rising trend of personalized investment strategies such as direct indexing.

Financial Advisor 211

Financial Advisor Accounting Portfolio Clients 211

Nerd's Eye View

MAY 12, 2025

A common structure at many advisory firms is for the owner to handle most of the sales and prospecting, while employee advisors focus on delivering planning and analysis for existing clients. One of the most effective ways to do that is by directing the advisor toward a specific niche.

Financial Advisor 130

Financial Advisor Marketing Marketing Healthcare 130

Nerd's Eye View

MAY 7, 2025

For many financial advisors, an early planning conversation often includes asking clients to identify financial goals. Which can leave both client and advisor feeling stuck: The client doesn't have the motivation to act, and the advisor struggles to guide the plan forward in a way that connects.

Clients 130

Clients Financial Planning Planning Financial Advisor 130

Wealth Management

JANUARY 17, 2023

As portfolio performance becomes the top concern among clients, one in four have either thought about switching, or switched, financial advisors in the last three years, a YCharts survey found.

Clients 334

Clients Financial Advisor Portfolio 334

Nerd's Eye View

FEBRUARY 25, 2025

Welcome to the 426th episode of the Financial Advisor Success Podcast ! Jennifer is the CEO of The Mather Group, an RIA based in Chicago, Illinois, that oversees $15 billion in combined assets under management and advisement for approximately 4,400 client households. Welcome everyone! Read More.

Compensation Planning 148

Compensation Planning Clients Planning Wealth Advisor 148

Wealth Management

APRIL 27, 2023

Getting advisors on board with building a social media presence will help leverage authenticity, grow thought leadership, ensure compliance and get to know clients on a new level.

Financial Advisor 328

Financial Advisor Compliance Media Clients 328