Nerd's Eye View

APRIL 19, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that CFP Board announced that it has crossed the milestone of 100,000 CFP professionals in the United States, and despite having just celebrated its 50th anniversary last year, just set a record high in the number of advisors sitting (..)

Financial Planner 245

Financial Planner CFP Financial Advisor Retirement Planning 245

Nerd's Eye View

APRIL 26, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Department of Labor released the final version of its Retirement Security Rule (a.k.a.

Financial Planner 232

Financial Planner Commission Financial Advisor Communication 232

eMoney Advisor

APRIL 4, 2023

As a financial professional, you are likely aware of what the media is calling the Great Wealth Transfer—where $84 trillion is set to be passed to younger generations over the next two decades. 1 But have you been putting any effort into ensuring you will continue to work with the heirs of this wealth when your older clients hand it over?

Education 97

Education Financial Advisor Clients Planning 97

Nerd's Eye View

JUNE 7, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that recent surveys indicate that consumers continue to trust human financial advisors more than Artificial Intelligence (AI)-powered tools.

Financial Planner 170

Financial Planner Financial Advisor Certification Estate Planning 170

Indigo Marketing Agency

NOVEMBER 7, 2023

In today’s digital age—with roughly 330,000 financial advisors in the United States alone—financial advisor websites are not just nice to have; they are a necessity , acting as one of the key differentiators between ultra-successful consultants and those who struggle to achieve their growth goals.

Financial Advisor 52

Financial Advisor Clients Consulting Marketing 52

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. In this guest post, Derek Hagen, financial behavior expert and founder of financial therapy and life planning firm Money Health Solutions, explains why change (e.g.,

Clients 209

Clients Financial Planning Planning Financial Advisor 209

Nerd's Eye View

MARCH 5, 2024

Welcome back to the 375th episode of the Financial Advisor Success Podcast ! Rob is the Senior Partner of NWF Advisory, a hybrid firm based in Los Angeles, California, where he oversees nearly $500M in assets under management for 200 client households. My guest on today's podcast is Rob Schultz.

Clients 130

Clients Financial Advisor Medicine Financial Planner 130

Indigo Marketing Agency

MARCH 22, 2024

Financial advisor compliance guidelines might seem insignificant, but as blogging increasingly gains steam as an effective marketing tool, the SEC is watching more and more. It’s true that blogging has become an essential vehicle for financial advisors to connect and engage with clients and potential clients.

Compliance 52

Compliance Financial Advisor Clients Numbers 52

Steven J. Wilson

SEPTEMBER 16, 2022

The number of clients a financial advisor needs to be successful varies depending on the asset level of their clientele. Generally speaking, most financial advisors need between 50 and 100 clients to be successful. The post How many clients do financial advisors need?

Financial Advisor 52

Financial Advisor Clients Numbers Assets 52

Nerd's Eye View

MAY 24, 2024

Further, firms will be required to include procedures to notify clients whose sensitive information was or is "reasonably likely" to have been accessed or subject to unauthorized use. Read More.

Financial Planner 223

Financial Planner Financial Advisor Clients Consulting 223

FMG

JULY 19, 2022

According to the AARP, 45% of middle-aged Americans would rather visit the dentist than make an appointment with a financial advisor. Most people distrust financial services as an industry. Prospects don’t know how to choose a “good” financial advisor. Why is that? Money is emotional .

Financial Advisor 72

Financial Advisor Clients Financial Services Numbers 72

Nerd's Eye View

FEBRUARY 21, 2023

Welcome back to the 321st episode of the Financial Advisor Success Podcast ! Danqin is a Lead Advisor for Austin Asset, an independent RIA based in Austin, Texas that oversees more than $1.3 billion in assets under management for nearly 400 client households. My guest on today's podcast is Danqin Fang. Read More.

Financial Advisor 130

Financial Advisor CFP Financial Planner Education 130

Indigo Marketing Agency

FEBRUARY 24, 2024

That means the right digital marketing for financial advisors can be the rocket fuel that propels unparalleled success. Create Visibility With Marketing for Financial Advisors Building online visibility for your business should be your number-one priority. Think about it. Trust is key. Let’s pause for a minute.

Financial Advisor 52

Financial Advisor Marketing Marketing Financial Guidance 52

Indigo Marketing Agency

AUGUST 23, 2023

These trendsetters now form the bulk of the global workforce, and as they ascend, they’re on the lookout for financial advisors who understand their evolving financial landscape. Beneath the surface, there are three compelling reasons why financial advisors should focus on millennials.

Financial Advisor 52

Financial Advisor Clients Retirement Planning Financial Advice 52

Nerd's Eye View

MAY 31, 2024

Going beyond FPA’s existing PlannerSearch tool, the narrowed-down list is meant to help consumers identify a focused subset of the most reputable planners. Also in industry news this week: Legislation that has passed through the U.S.

Financial Planner 174

Financial Planner Ethics Taxes Financial Advisor 174

Nerd's Eye View

MAY 3, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study indicates that nearly a third of advisors in the independent broker-dealer channel have considered transitioning to the RIA channel during the past year as they seek higher payouts and not just "independence" but (..)

Financial Planner 208

Financial Planner Healthcare Retirement Financial Advisor 208

Don Connelly & Associates

DECEMBER 4, 2023

Almost every financial advisor starts in the same place—with a lot of time on their hands and not many clients. It’s not until your business expands, reaching the point when you’re servicing 50 or more randomly chosen clients, that your time starts to become much more valuable.

Financial Advisor 52

Financial Advisor Clients Numbers Accounting 52

Abnormal Returns

OCTOBER 3, 2022

Podcasts Michael Kitces talks with Joe Duran about building United Capital and his role at Goldman Sachs Personal Financial Management. kitces.com) Ted Seides talks with Matt Brown is the CEO of CAIS, the leading investment platform that connects independent financial advisors with managers in alternative strategies.

Numbers 130

Numbers Wealth Management Financial Advising Retirement 130

Nerd's Eye View

JANUARY 26, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news of a survey indicating that about 90% of financial advisors would switch firms based on bad technology at their current firm, and that 44% have already done so. Read More.

Financial Planner 208

Financial Planner Retirement Planning Financial Advisor Retirement 208

Nerd's Eye View

JANUARY 24, 2024

The need to address longevity risk has become increasingly important, allowing financial advisors to add even more value for their clients by ensuring that their financial needs are met throughout retirement. Ultimately, the key point is that a properly drafted POA is an essential part of every estate plan. Read More.

Clients 213

Clients Estate Planning Accounting Planning 213

Nerd's Eye View

APRIL 24, 2023

Financial advisors will sometimes talk about ‘bad’ clients who don’t act on the advice being provided. Advice Engagement is a framework that can help advisors address the challenge of motivating clients.

Financial Planning 225

Financial Planning Clients Planning Education 225

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.

Communication 220

Communication Clients Financial Advisor Planning 220

Advisor Websites

NOVEMBER 10, 2022

Landing clients as a financial advisor is no easy feat in today’s world. Self-serve platforms and robo-advisors are growing rapidly , lu ring potential customers away.

Financial Advisor 98

Financial Advisor Investment Advisor Numbers Clients 98

Nerd's Eye View

NOVEMBER 15, 2023

government designed a number of small business relief packages to incentivize companies to keep workers on their payrolls. Which has value even if the client isn't ultimately eligible, since the headache of applying for the ERC and being later found ineligible by the IRS could be far worse than not applying for the ERC in the first place!

Clients 240

Clients Taxes Government Startup 240

Nerd's Eye View

NOVEMBER 28, 2022

Traditionally, investment planning has been at the forefront of how financial advisors add value for their clients. But, with the rise of index funds and the commoditization of investment advice, generating sufficient investment ‘alpha’ to justify a fee has become more challenging for advisors.

Clients 228

Clients Fee Only Planning Advertising 228

Nerd's Eye View

MAY 10, 2024

Also in industry news this week: The latest Social Security trustees report offered a slightly rosier picture for the health of the various Social Security trust funds thanks to improved economic conditions, though they warned that time is running out for legislators to take action to ensure the system will be able to pay out full benefits beyond the (..)

Financial Planner 224

Financial Planner Retirement Planning Retirement Valuation 224

Nerd's Eye View

APRIL 30, 2024

Welcome to the 383rd episode of the Financial Advisor Success Podcast ! Troy is the Founder and CEO of Oak Harvest Financial Group, an RIA based in Houston, Texas, that oversees approximately $750 million in assets under management for about 1,000 client households. Welcome everyone! Read More.

Financial Advisor 210

Financial Advisor Clients Retirement Planning 210

Nerd's Eye View

AUGUST 14, 2023

When a financial advisor first opens their own firm, they often start with few (or no) clients and little revenue. letting a client go), it can help to have a ‘quitting coach’ to hold the individual accountable for their pre-commitment.

Clients 199

Clients Accounting Financial Advisor Numbers 199

FMG

MAY 21, 2024

Financial advisors always look for ways to increase content visibility and reach their target audience. As an advisor making content, it doesn’t matter how good it is if people can’t find it. While benefiting you with social growth and an increase in prospects and clients. What is Content Visibility?

Financial Advisor 52

Financial Advisor Media Clients Engineering 52

Nerd's Eye View

MARCH 29, 2024

Nonetheless, Kitces Research suggests that when it comes to financial advisors, those with sufficient experience can often have both, with thriving advisors earning more and working fewer hours!

Financial Planner 193

Financial Planner Insurance Coverage Financial Advisor Communication 193

Nerd's Eye View

MAY 24, 2023

Screening calls are a common part of the prospecting process for financial advisory firms, particularly those that receive a large number of inquiries, and can help determine whether a prospective client might be a good fit.

Clients 245

Clients Assets Financial Advisor Financial Planning 245

Nerd's Eye View

APRIL 1, 2024

Welcome to the April 2024 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!

Estate Planning 184

Estate Planning Financial Advisor Clients Startup 184

Nerd's Eye View

JANUARY 9, 2024

Welcome back to the 367th episode of the Financial Advisor Success Podcast ! Kimberly is the Lead Financial Planner and Managing Partner of Enders Wealth Management, a hybrid advisory firm based in Sterling Heights, Michigan, that oversees $50M in assets under management for 85 client households.

Financial Advisor 220

Financial Advisor Financial Planner Clients Food 220

Nerd's Eye View

DECEMBER 14, 2023

In the world of financial advisors, tradition often emphasizes technical numbers, structure, and a firm focus on solving financial problems. In our 127th episode of Kitces & Carl, Michael Kitces and client communication expert Carl Richards delve into Carl's latest project – the "50 Fires" podcast.

Financial Advisor 208

Financial Advisor Communication Clients Financial Planning 208

Nerd's Eye View

AUGUST 2, 2022

Welcome back to the 292nd episode of the Financial Advisor Success Podcast ! Matthew is the Founder and CIO of Lansing Street Advisors, an independent RIA based in Ambler, Pennsylvania that oversees $160 million in assets under management for 60 client households. My guest on today's podcast is Matthew Topley.

Clients 193

Clients Financial Advisor Financial Planning Portfolio Management 193

Nerd's Eye View

FEBRUARY 16, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a study from Cerulli Associates indicates a lack of fee transparency represents a significant hurdle for many investors when considering working with a financial advisor. Read More.

Financial Planner 230

Financial Planner Fee Only Compliance CFP 230

Nerd's Eye View

JANUARY 31, 2024

Of the many provisions in the bill, the so-called "Death of the Stretch" arguably received the lion's share of consternation from the financial advisor community. This shift has led financial advisors to explore new strategies for mitigating the resulting tax-planning challenges.

Financial Advisor 231

Financial Advisor Estate Planning Nonprofit Taxes 231