Nerd's Eye View

DECEMBER 22, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that Envestnet has published research highlighting a number of key trends that they believe will shape the growth of the advisory industry in 2024 and beyond, which reflect at a high level advisors' ongoing shift towards providing (..)

Financial Planner 215

Financial Planner Fee Only Tax Planning Retirement 215

Nerd's Eye View

JANUARY 12, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Securities and Exchange Commission this week authorized 11 Spot Bitcoin Exchange-Traded Funds (ETFs), which could provide financial advisors and their clients with a convenient way to invest in the cryptocurrency without (..)

Financial Planner 198

Financial Planner Financial Advisor Commission Budgeting 198

Nerd's Eye View

NOVEMBER 10, 2023

Also in industry news this week: How the use of model investment portfolios can potentially save advisors time and boost client trust Why a recent IRS Private Letter Ruling could facilitate the emergence of zero-commission variable universal life policies (that RIAs can actually get paid a fee to advise on) From there, we have several articles on housing: (..)

Financial Planner 157

Financial Planner Commission Numbers Portfolio 157

Abnormal Returns

FEBRUARY 26, 2023

institutionalinvestor.com) Amazon Amazon ($AMZN) is increasing the number of same-day shipping options. Sentencing Commission show judges rejected more than 80% of compassionate release requests filed from October 2019 through September 2022. (businessinsider.com) Airbnb ($ABNB) has a rating inflation problem.

Ethics 212

Ethics License Financial Advising Startup 212

Nerd's Eye View

JULY 18, 2022

But these positions are often tenuous for new advisors, with extremely high failure rates, driven in large part by compensation that is reliant primarily on commissions from product sales.

CFP 190

CFP Recruitment Sales Certification 190

Nerd's Eye View

DECEMBER 16, 2022

How firms can best leverage their internal data to improve the number of client referrals they receive. How advisors can benefit from reviewing their list of clients and letting go those who are no longer good fits for the firm.

Financial Planner 227

Financial Planner CFP Financial Advisor Retirement Planning 227

Nerd's Eye View

OCTOBER 3, 2022

While the growth of DPL’s marketplace may itself usher in a greater level of annuity competitiveness, as companies are forced to compete for RIA attention not by offering the biggest commissions but by offering the best features and benefits to get through the RIA-as-gatekeeper.

Commission 217

Commission Financial Planning Ethics Planning 217

Nerd's Eye View

SEPTEMBER 23, 2022

We also have a number of articles on advisor marketing: The latest trends in advisor marketing, from the continued dominance of client referrals to the return of in-person gatherings. A new designation is available for advisors looking to serve clients with nonqualified deferred compensation plans.

Financial Planner 196

Financial Planner Compensation Planning Compliance Insurance 196

Nerd's Eye View

SEPTEMBER 1, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Massachusetts Supreme Judicial Court ruled that the state's fiduciary rule for broker-dealers can stand, potentially opening the door for other states to impose similar standards that exceed the requirements of the Securities (..)

Financial Planner 189

Financial Planner Strategic Planning Retirement Planning Retirement 189

Nerd's Eye View

AUGUST 5, 2022

Also in industry news this week: A study suggests that a significant number of brokers who are disciplined by FINRA are engaging in ‘regulatory arbitrage’ by moving to state-regulated insurance companies, making it more difficult for consumers to learn about their past infractions.

Financial Planner 184

Financial Planner Compliance Insurance Financial Advisor 184

Investment Writing

MARCH 4, 2024

I’ve focused on the average number of syllables per word, words per sentence, and sentences per paragraph. Disclosure: If you click on an Amazon link in this post and then buy something, I will receive a small commission. On this blog—and in my writing workshops —I’ve written about things that affect reading ease.

Commission 96

Commission Numbers Investing Investments 96

Truemind Capital

MARCH 6, 2024

Unfortunately, the incentive structure based on commissions in established wealth management set-ups has compromised fiduciary responsibilities towards an investor. In simple terms, the products that offer higher commissions to the distributors/agents in most cases are not appropriate for investors.

Commission 52

Commission Investing Investments Compliance 52

Nerd's Eye View

JANUARY 13, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the Federal Trade Commission has proposed a nationwide ban on noncompete clauses in employee contracts, aiming to give employees more freedom to change jobs within the same industry.

Financial Planner 165

Financial Planner Retirement Planning Compliance Retirement 165

Nerd's Eye View

MARCH 20, 2023

In part, this is due to the many commission-based advisors whose compensation depends on the sale of insurance or investment products, where the price that a client pays is baked into the price of the product or is included in (often opaque) fees associated with buying, selling, and/or holding the investment.

Communication 227

Communication Planning Financial Planning Fee Only 227

The Big Picture

NOVEMBER 21, 2023

A Wealth of Common Sense ) • A record number of $50 bills were printed last year. From staging to commission expenses, here’s what to expect. ( We’re a little less than four years into the 2020s and half of those years have seen no new highs but there have already been plenty of them this decade. ( why are you seeing more $50s?

Startup 246

Startup Commission Media Government 246

Nerd's Eye View

AUGUST 1, 2022

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: Catchlight offers up a new system that scans information about prospects online to determine which ones are ‘qualified’ and worth pursuing further.

Financial Planning 201

Financial Planning Financial Advisor Commission Planning 201

Norman Marks

AUGUST 24, 2023

A number of articles have been written (especially by the accounting firms and a few law firms) about the new SEC rules, but it is always useful to read what the SEC actually said. The press release says: The Securities and Exchange Commission today adopted rules […] You can find the link in their press release.

Commission 40

Commission Accounting Numbers Compliance 40

MainStreet Financial Planning

JANUARY 31, 2024

If you have been receiving robo-calls from the number with the “855” area code, please be aware that it is not us ( MainStreet Financial Planning, Inc ) making those calls. BBB Complaint Form]( [link] Federal Trade Commission (FTC): File a complaint with the FTC, providing details about the deceptive calls and any relevant information.

Financial Planning 52

Financial Planning Planning Tax Planning Commission 52

WiserAdvisor

AUGUST 18, 2023

Fee-only financial advisors Average cost: $200 to $400 an hour/ $1,000 to $3,000 per plan/ 1.18% to 0.59% of AUM Fee-only financial advisors are professionals who do not receive commissions from selling financial products. Instead, they charge fees directly to their clients for the services they provide.

Financial Advisor 52

Financial Advisor Commission Fee Only Financial Planning 52

Nerd's Eye View

NOVEMBER 28, 2022

From advisors who earn commissions from the sales of financial products to fee-only investment advisors who charge based on client assets under management, the value advisors provide to their clients has often been centered on investment management.

Clients 208

Clients Fee Only Planning Advertising 208

Good Financial Cents

FEBRUARY 24, 2023

With most investing apps now offering commission-free trading, online brokers must find more creative ways to stand out. About Webull Launched in 2017, New York City-based Webull is a self-directed investment platform that offers commission-free trading. Cryptocurrency You can trade cryptocurrency on Webull commission-free.

Investing 95

Investing Investments Commission Accounting 95

Nerd's Eye View

NOVEMBER 28, 2022

From advisors who earn commissions from the sales of financial products to fee-only investment advisors who charge based on client assets under management, the value advisors provide to their clients has often been centered on investment management.

Fee Only 200

Fee Only Portfolio Clients Planning 200

Trade Brains

FEBRUARY 28, 2024

To promote sales, MBFSL has also raised the number of feet on street (sales people who serve and monitor distributors) from 900 in March 2023 to 1,200. The company has commissioned two Biscuit Lines in Rajpura in the current year. The Bakery Plant in Khopoli is also under expansion and is expected to be commissioned by FY24-25.

Food 59

Food Commission Distribution Retail 59

MarketWatch

MAY 22, 2023

Securities and Exchange Commission updating its strategy to accelerate entry to the U.S. The changes mean it will no longer require the consolidation of Canopy USA’s numbers into its results. Canopy Growth Corp. CGCCA:WEED said Monday it has filed a revised proxy statement with the U.S. cannabis industry through a U.S.-domiciled

Compliance 75

Compliance Commission Marketing Marketing 75

Investment Writing

NOVEMBER 8, 2023

Writing Making Numbers Count: The Art and Science of Communicating Numbers by Chip Health and Karla Starr. This book has great examples of effective communication with numbers. Here are some of the most interesting, helpful books that I read during 2023. I hope you’ll find some titles that interest you.

Communication 52

Communication Numbers Commission Food 52

Good Financial Cents

JANUARY 10, 2023

” With its easy-to-use interface and commission free trades, Robinhood has become one of the most popular stock trading apps in recent years. Robinhood is a stock brokerage that offers commission-free trading through its mobile app and website. Commission-free trading on certain stocks and ETFs.

Commission 52

Commission Fiduciary Duty Nonprofit Accounting 52

James Hendries

JANUARY 29, 2023

But another common type of identity theft involves the use of someone’s Social Security number to unlawfully intercept their income tax refund. One of the keys to preventing this fraud is minimizing the number of people who have access to your SSN. This allows the IRS to begin investigating to get to the bottom of your theft.

Taxes 52

Taxes Electronics Numbers Accounting 52

Random Roger's Retirement Planning

NOVEMBER 13, 2023

Vanguard offers annuities that supposedly don't have the insanely high commissions that most other annuities have (the surrender fee is the commission). Before anyone jumps down my throat, I am not licensed to sell annuities, I never have been and never will be. Would putting $200,000 into an annuity kick out $16,000/yr?

Retirement 74

Retirement Retirement Planning Commission Medical 74

MarketWatch

APRIL 27, 2023

Lyft said in a filing with the Securities and Exchange Commission that the change was recommended by Risher and approved by the company's board in part to give Risher "greater capacity to focus on his role as CEO." Sverchek's base salary in 2021, the most recent publicly available number, was $450,000.

Commission 40

Commission Numbers Marketing Marketing 40

ClearMoney

DECEMBER 5, 2021

Bitcoin and related cryptocurrencies (now numbering in the thousands) are the subject of much debate and fascination. After a limited number of password attempts, a user can permanently lose access. UNITED STATES: Dimensional Fund Advisors LP is an investment advisor registered with the Securities and Exchange Commission.

Commission 52

Commission Retail Distribution Sales 52

The Big Picture

DECEMBER 27, 2023

And everybody gets this confirmation that it’s the right price because my neighbor and this person and that cross the street, everybody’s got that same number, yet none of them sell and none of them sell for a long period of time until they ultimately get removed from the market. It’s a small number.

Sales 141

Sales Numbers Marketing Marketing 141

Dear Mr. Market

NOVEMBER 17, 2023

The numbers don’t lie. If you’d like to know the numbers on shorter time frames or for different asset classes like Small/Mid Cap, Bonds, International etc, please let us know). Every once in a while a mutual fund will outperform their respective index and benchmark. Submit a form.

Financial Advisor 59

Financial Advisor Education Taxes Assets 59

Carson Wealth

SEPTEMBER 5, 2022

Securities are assets that have a value determined by any number of influencing factors. Securities Exchange Commission (SEC), but states and other organizations may also play a role. Securities & Exchange Commission, “Framwork for ‘Investment Contract’ Analysis of Digital Assets,”? What are securities in finance?

Commission 52

Commission Certification Financial Advisor Assets 52

Sara Grillo

OCTOBER 31, 2022

Any financial advisor who is registered as an advisor with a regulator has to fill out this form for initial approval by either a state or a Federal (the United States Securities and Exchange Commission) regulator. You should check the advisor’s CRD number and see if it matches what they sent you. Securities and Exchange Commission.

Financial Advisor 110

Financial Advisor Commission Clients Compliance 110

MarketWatch

JUNE 22, 2023

GNW said late Thursday it does not believe a security issue involving a file-transfer system has had a material effect on its business.

Insurance 40

Insurance Commission Retirement Numbers 40

The Chicago Financial Planner

JANUARY 17, 2022

I’ll let the Securities and Exchange Commission (SEC) explain this in a quote from their website : “An annuity is a contract between you and an insurance company that is designed to meet retirement and other long-range goals, under which you make a lump-sum payment or series of payments. After all, what’s not to like about guaranteed income?

Retirement 185

Retirement Insurance Financial Planner Taxes 185

eMoney Advisor

DECEMBER 15, 2022

While these are only estimates, not forecasts, the numbers seem promising. Though the CFP Board noted increases in the number of female (4 percent), Black (10 percent), and Hispanic (15 percent) CFP® professionals in 2021, the field remains disproportionately male and white. A Wave of Retirements Expected. population.

Financial Planner 74

Financial Planner CFP Certified Financial Planner Financial Advisor 74