Clients and Retirement Planning - Financial Advisor Source

How Much Does Having The ‘Right’ Capital Market Assumptions Matter In Retirement Planning?

Nerd's Eye View

DECEMBER 11, 2024

"How much can I spend in retirement?" is perhaps the most fundamental question a client brings to their advisor. Advisors want to help clients set a secure, reliable retirement plan, yet even the most comprehensive assumptions will inevitably deviate from reality at least to some degree.

Retirement Planning

Retirement Planning Retirement Planning Marketing

Gathering Feedback That Counts: Crafting Client Surveys To Offer Services That Matter Most

Nerd's Eye View

MARCH 10, 2025

These services may range from 'standard' offerings like retirement planning to less traditional areas like credit card consulting. In a firm's early years, there tends to be more room for experimentation, with advisors adding new services to provide value and attract clients.

Clients

Clients Financial Advice Retirement Planning Financial Services

Retirement Plan Business Offers a Pathway to Private Wealth

Wealth Management

JUNE 17, 2025

RIAs can create a potential client stream if they commit to a 401(k) channel that includes participant education and touchpoints, said panelists at Wealth Management EDGE last week.

Retirement Planning

Retirement Planning Wealth Management Retirement Planning

Webinars

How To Overcome Change Fatigue In Finance With Neuroscience-Backed Strategies

Protect What Matters: Rethinking Finance Ops In A Digital World

Your Accounting Expertise Will Only Get You So Far: What Really Matters

MORE WEBINARS

“ReFire” Instead Of ‘Just’ Retire: A Framework To Help Clients Plan For Purpose In Retirement

Nerd's Eye View

MAY 28, 2025

But as more individuals confront the emotional realities of this life transition, many find that the absence of structure, socialization, and identity once provided by work can create a gap that traditional retirement planning doesn't fully address. While the core elements of traditional retirement planning remain (e.g.,

Retirement

Retirement Clients Planning Retirement Planning

Helping Clients Grasp Abstract Retirement Income Strategies With Historical Market Visualization

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

Retirement Clients Retirement Planning Marketing

Expanding Horizons: Driving Convergence of Wealth Management and Retirement Planning

Wealth Management

OCTOBER 4, 2023

Advisors look toward holistic client-focused strategies with converging retirement planning and wealth management.

Retirement Planning

Retirement Planning Wealth Management Retirement Management

Weekend Reading For Financial Planners (June 7–8)

Nerd's Eye View

JUNE 6, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a recent report finds that the number of SEC-registered RIAs, the assets that they manage, and the number of clients they serve all increased between 2023 and 2024 and suggests the industry is robust across the size spectrum, (..)

Financial Planner

Financial Planner Retirement Retirement Planning Clients

Social Security Fairness Act: Planning Considerations For The Repeal Of The Windfall Elimination Provision (WEP) And Government Pension Offset (GPO)

Nerd's Eye View

JANUARY 15, 2025

This lack of clarity made retirement planning significantly more challenging. As a result, it's important for advisors to first identify which clients are currently subject to WEP or GPO and ensure that those who may need to file for benefits do so as soon as possible. Read More.

Government

Government Planning Retirement Planning Retirement

Weekend Reading For Financial Planners (January 4–5)

Nerd's Eye View

JANUARY 3, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with a recent survey indicating that a majority of advisors are viewing new client acquisition as their primary challenge in the current competitive environment for financial advice (followed by compliance and technology management) and suggests (..)

Financial Planner

Financial Planner Retirement Planning Financial Advice Financial Advisor

Weekend Reading For Financial Planners (January 18–19)

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

Financial Planner Retirement Planning Retirement Financial Advisor

Firms Not Offering Tax, Retirement Planning Are Getting it Wrong

Wealth Management

OCTOBER 4, 2023

Advisors are overdelivering services such as health care, estate and business planning, while falling short in the areas their clients most desire.

Retirement Planning

Retirement Planning Planning Retirement Business Planning

Forfeiture Litigation: Treat It As a Nothing Burger at Your Own Peril

Wealth Management

MAY 16, 2025

Retirement plan advisors need to take the rising trend of ERISA forfeiture lawsuits seriously to protect their clients from potential legal risks.

Retirement Planning

Retirement Planning Retirement Clients Planning

Weekend Reading For Financial Planners (November 30–December 1)

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

Financial Planner Financial Advice Retirement Financial Advisor

Weekend Reading For Financial Planners (November 23–24)

Nerd's Eye View

NOVEMBER 22, 2024

Further, amidst grumbling from some firms, incoming CEO Rick Wurster reiterated a pledge that Schwab (which offers its own direct wealth management services) will not seek to compete for clients with RIAs on its platform, seeing opportunities to pursue prospective clients currently unserved by either group.

Financial Planner

Financial Planner Retirement Retail Retirement Planning

Weekend Reading For Financial Planners (December 28–29)

Nerd's Eye View

DECEMBER 27, 2024

The report suggests this might be due in part to increased RIA valuations and the assumption of some firm founders that next-generation employees won't be financially able to buy out the firm from them, though additional data indicates that many firms don't have career paths in place that could help next-generation advisors envision their path to firm (..)

Financial Planner

Financial Planner Insurance Coverage Insurance Valuation

Weekend Reading For Financial Planners (May 10–11)

Nerd's Eye View

MAY 9, 2025

These results largely match results from the recent Kitces Research Study on Advisor Productivity, which found that the typical fee schedule for firms charging on a graduated basis remains at 100 basis points (bps) for client assets up to $1 million, then declines to 90 bps at $2 million, 75 bps at $5 million, and 60 bps at $10 million in assets.

Financial Planner

Financial Planner Financial Advice Clients Retirement Planning

Weekend Reading For Financial Planners (February 1–2)

Nerd's Eye View

JANUARY 31, 2025

Also in industry news this week: While RIA M&A deal flow hit record levels in 2024 (both in terms of volume and the speed of completing them), firm valuations saw relatively modest gains In its latest annual regulatory oversight report, FINRA joined the SEC in flagging the potential risks to firm and client data from the use of third-party vendors (..)

Financial Planner

Financial Planner Retirement Planning Compliance Valuation

Weekend Reading For Financial Planners (May 31–June 1)

Nerd's Eye View

MAY 30, 2025

Notably, the survey identified differences in workplace flexibility by role (with client-facing advisors working more days per week in the office) and by experience (with newer firm employees more likely to have more in-office days each week).

Financial Planner

Financial Planner Risk Tolerance Retirement Retirement Planning

Values, Purpose, Action: A 3-Part Approach To Establish A “Statement Of Financial Purpose” And Unlock Deeper, More Meaningful Planning Conversations With Clients

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

Clients Planning Financial Planner Financial Planning

Wild Cards, Would-Be Clients and a New Breed of Annuity

Wealth Management

FEBRUARY 23, 2023

A new WMIQ study on retirement planning, conducted in collaboration with annuity provider Midland Advisory, found more than 3/4 of potential clients feel it’s important for advisors to be fiduciaries and nearly 2/3 prioritize retirement expertise.

Clients

Clients Retirement Planning Retirement Planning

Weekend Reading For Financial Planners (March 29–30)

Nerd's Eye View

MARCH 28, 2025

Which suggests that, amidst ongoing debate over fiduciary-related regulations, an advisor's status as a fiduciary could both lead to greater client trust (both in their individual advisor relationship and perhaps in the financial advice industry as a whole) and, ultimately, higher client retention rates.

Financial Planner

Financial Planner Retirement Retirement Planning Clients

#FASuccess Ep 432: Crafting “Input Deliverables” That Show Financial Planning Value To Clients Without Creating Busy-Work, With Seth Scott

Nerd's Eye View

APRIL 8, 2025

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

Financial Planning Clients Planning Financial Advisor

How Employer Roth Contributions To Solo 401(k) Plans Reduce The QBI Deduction (And Increase Taxes) For Self-Employed Workers

Nerd's Eye View

JANUARY 8, 2025

By maximizing both the employee employer contributions, solo 401(k) plan owners can often save significantly more than is possible with other types of retirement plans available to self-employed workers, like SEPs and standard IRAs. a nondeductible contribution that can be converted to Roth tax-free). 199A deductions.

Taxes

Taxes Planning Retirement Planning Retirement

Weekend Reading For Financial Planners (November 2–3)

Nerd's Eye View

NOVEMBER 1, 2024

Adviser links: estate uncertainty

Abnormal Returns

MARCH 10, 2025

(kitces.com) Estate planning Estate plans are a big lift for everyone, including advisers themselves. kindnessfp.com) Why clients need to organize their digital assets for estate planning purposes. riabiz.com) This money manager's ETF business was built on entertaining clients. abnormalreturns.com)

Estate Planning

Estate Planning Retirement Planning CFP Portfolio Management

How to Build a Comprehensive Financial Plan that Protects Assets and Grows Wealth

Wealth Management

AUGUST 7, 2024

Including permanent life insurance can help prevent blind spots in retirement planning and enable clients to live longer.

Financial Planning

Financial Planning Planning Retirement Planning Assets

Optimizing The Planning Process To Address Challenges For Clients Who Are 1 Year Away From Retirement

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

Retirement Clients Planning Estate Planning

Optimizing The Planning Process To Address Challenges For Clients Who Are One Year Away From Retirement

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

Retirement Clients Planning Estate Planning

Survey: Financial Advisors Have Larger Role To Play In Clients' Retirement Planning

Wealth Management

JANUARY 31, 2023

Vestwell conducted the fourth-annual “Retirement Trends Report” in fall 2022 and received responses from almost 1,300 savers, 500 financial advisors and 250 small businesses.

Financial Advisor

Financial Advisor Retirement Planning Retirement Clients

Adviser links: curiosity and restraint

Abnormal Returns

APRIL 21, 2025

kitces.com) Peter Lazaroff talks with Christine Benz about the most overlooked parts of a retirement plan. riabiz.com) The battle over online estate planning is only heating up. How to talk to clients about tariffs. kitces.com) Why trust is so important in the client-adviser relationship.

Retirement Planning

Retirement Planning Estate Planning Retirement Planning

Why Held-Away Asset Management Technology Is Being Scrutinized By State Regulators (And How Advisors Can Compliantly Manage Clients’ 401(k) Assets)

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

Assets Management Clients Compliance

The WealthStack Podcast: Demystifying the Decumulation Phase of Retirement Planning with Sheryl O’Connor

Wealth Management

JUNE 30, 2023

IncomeConductor's Sheryl O'Connor details why it's important for an advisor not just to get clients to retirement, but through it as well.

Retirement Planning

Retirement Planning Retirement Planning Clients

Wealthies Circle Podcast: Addressing Client Retirement Concerns Post-Pandemic

Wealth Management

DECEMBER 16, 2022

Our panel of experts share their approaches to wealth accumulation and planning for longevity in a changing retirement planning environment.

Wealth Accumulation

Wealth Accumulation Retirement Retirement Planning Clients

Adviser links: dissolving structures

Abnormal Returns

FEBRUARY 24, 2025

morningstar.com) Carl Richards and Michael Kitces on whether a client should take time before coming on as a client. How to do better for clients. kitces.com) Working with UNHW clients is more complex. citywire.com) Your (potential) clients are looking online for financial advice.

Wealth Management

Wealth Management Retirement Planning Financial Advice Clients

Considering Medicare Costs in Retirement Planning: What Financial Professionals Need to Know

NAIFA Advisor Today

JUNE 13, 2025

For financial advisors helping clients prepare for retirement, understanding and planning for the costs associated with Medicare is critical. While these costs are often lower than those incurred through pre-65 health insurance, they remain significant, especially when viewed over a multi-decade retirement.

Retirement Planning

Retirement Planning Retirement Planning Healthcare

“How Much More Will I Get?”: Calculating The Impact Of WEP And GPO’s Repeal On Social Security Benefits

Nerd's Eye View

FEBRUARY 12, 2025

While it may take a while for the adjustments to take place, advisors can still help their clients plan for the effect of WEP and GPO's repeal by estimating how much the client will be receiving in Social Security benefits once the new law is implemented. will be top of mind for clients affected by the WEP and GPO.

Retirement

Retirement Government Clients Planning

Weekend Reading For Financial Planners (May 3–4)

Nerd's Eye View

MAY 2, 2025

a ski chalet), assessing whether it will lead to greater overall wellbeing, or, alternatively, more stress, is more challenging Enjoy the 'light' reading! a ski chalet), assessing whether it will lead to greater overall wellbeing, or, alternatively, more stress, is more challenging Enjoy the 'light' reading!

Financial Planner

Financial Planner CFP Financial Advisor Retirement

Solo RIAs Not Planning for Retirement Risk Extinction

Wealth Management

DECEMBER 16, 2024

Succession planning can be as simple as recreating the retirement planning process you walk clients through every day.

Retirement

Retirement Planning Retirement Planning Clients

Wealth.com Raises $30M To Provide Estate Documents To Advisors’ Clients (And More Of The Latest In Financial #AdvisorTech – October 2024)

Nerd's Eye View

OCTOBER 7, 2024

This month's edition kicks off with the news that digital estate planning 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 (..)

Clients

Clients B2B Estate Planning Planning

Pershing X Knitting More Services into New Wove Platform

Wealth Management

JUNE 7, 2023

Collaborations with Salesforce, PureFacts and Pontera will add retirement planning, billing and client onboarding capabilities to the multi-custodial platform announced this week at INSITE.

Retirement Planning

Retirement Planning Retirement Clients Planning

Oswego Crest Financial Group Leaves Commonwealth Financial for Steward Partners

Wealth Management

AUGUST 2, 2023

The Oregon quartet specialized in retirement planning manages around $230 million in client assets.

Retirement Planning

Retirement Planning Retirement Assets Clients

The WealthStack Podcast: How Does 401(k) and Held Away Account Management Fit into Holistic Advice?

Wealth Management

MARCH 17, 2023

Pontera CMO Nicole Zheng how advisors should approach the concept of holistic advice with clients, especially surrounding retirement planning.

Retirement Planning

Retirement Planning Accounting Management Retirement

Adviser links: an existential issue

Abnormal Returns

SEPTEMBER 2, 2024

investmentnews.com) Retirement Retirement planning is challenging because we simply don't know how long someone will live. kitces.com) Retirement spending is by its nature dynamic. thinkadvisor.com) Advisers Four things clients value in advisers. morningstar.com) These clients have more than one adviser.

Retirement Planning

Retirement Planning Retirement Food Clients

Weekend Reading For Financial Planners (Oct 22-23)

Nerd's Eye View

OCTOBER 21, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that Congress appears poised to pass a series of changes affecting retirement planning, dubbed “SECURE ACT 2.0”, ”, by the end of the year. Social Security COLA for 2023.

Financial Planner

Financial Planner Retirement Planning Retirement Insurance

How Much Does Having The ‘Right’ Capital Market Assumptions Matter In Retirement Planning?

Gathering Feedback That Counts: Crafting Client Surveys To Offer Services That Matter Most

Webinars

Trending Sources

Retirement Plan Business Offers a Pathway to Private Wealth

Webinars

“ReFire” Instead Of ‘Just’ Retire: A Framework To Help Clients Plan For Purpose In Retirement

Helping Clients Grasp Abstract Retirement Income Strategies With Historical Market Visualization

Expanding Horizons: Driving Convergence of Wealth Management and Retirement Planning

Weekend Reading For Financial Planners (June 7–8)

Social Security Fairness Act: Planning Considerations For The Repeal Of The Windfall Elimination Provision (WEP) And Government Pension Offset (GPO)

Weekend Reading For Financial Planners (January 4–5)

Weekend Reading For Financial Planners (January 18–19)

Firms Not Offering Tax, Retirement Planning Are Getting it Wrong

Forfeiture Litigation: Treat It As a Nothing Burger at Your Own Peril

Weekend Reading For Financial Planners (November 30–December 1)

Weekend Reading For Financial Planners (November 23–24)

Weekend Reading For Financial Planners (December 28–29)

Weekend Reading For Financial Planners (May 10–11)

Weekend Reading For Financial Planners (February 1–2)

Weekend Reading For Financial Planners (May 31–June 1)

Values, Purpose, Action: A 3-Part Approach To Establish A “Statement Of Financial Purpose” And Unlock Deeper, More Meaningful Planning Conversations With Clients

Wild Cards, Would-Be Clients and a New Breed of Annuity

Weekend Reading For Financial Planners (March 29–30)

#FASuccess Ep 432: Crafting “Input Deliverables” That Show Financial Planning Value To Clients Without Creating Busy-Work, With Seth Scott

How Employer Roth Contributions To Solo 401(k) Plans Reduce The QBI Deduction (And Increase Taxes) For Self-Employed Workers

Weekend Reading For Financial Planners (November 2–3)

Adviser links: estate uncertainty

How to Build a Comprehensive Financial Plan that Protects Assets and Grows Wealth

Optimizing The Planning Process To Address Challenges For Clients Who Are 1 Year Away From Retirement

Optimizing The Planning Process To Address Challenges For Clients Who Are One Year Away From Retirement

Survey: Financial Advisors Have Larger Role To Play In Clients' Retirement Planning

Adviser links: curiosity and restraint

Why Held-Away Asset Management Technology Is Being Scrutinized By State Regulators (And How Advisors Can Compliantly Manage Clients’ 401(k) Assets)

The WealthStack Podcast: Demystifying the Decumulation Phase of Retirement Planning with Sheryl O’Connor

Wealthies Circle Podcast: Addressing Client Retirement Concerns Post-Pandemic

Adviser links: dissolving structures

Considering Medicare Costs in Retirement Planning: What Financial Professionals Need to Know

“How Much More Will I Get?”: Calculating The Impact Of WEP And GPO’s Repeal On Social Security Benefits

Weekend Reading For Financial Planners (May 3–4)

Solo RIAs Not Planning for Retirement Risk Extinction

Wealth.com Raises $30M To Provide Estate Documents To Advisors’ Clients (And More Of The Latest In Financial #AdvisorTech – October 2024)

Pershing X Knitting More Services into New Wove Platform

Oswego Crest Financial Group Leaves Commonwealth Financial for Steward Partners

The WealthStack Podcast: How Does 401(k) and Held Away Account Management Fit into Holistic Advice?

Adviser links: an existential issue

Weekend Reading For Financial Planners (Oct 22-23)

Stay Connected