Nerd's Eye View

DECEMBER 6, 2023

While commission-based models remain in use, fee-for-service models (including AUM, hourly, retainer, and subscription) have become increasingly popular. Over the past several years, the financial services industry has undergone a tremendous evolution in how financial advisers deliver and charge for their services.

Investing 237

Investing Investments Financial Advising Retirement Planning 237

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

DECEMBER 16, 2022

We also have a number of articles on retirement planning: While weak stock and bond market performance has challenged advisors and their clients this year, these trends have likely increased the ‘safe’ withdrawal rate for new retirees.

Financial Planner 227

Financial Planner CFP Financial Advisor Retirement Planning 227

Nerd's Eye View

DECEMBER 22, 2023

Also in industry news this week: The SEC has been sending letters to advisory firms requesting details on their use of AI technology, raising questions about whether they may be considering revising their proposed AI rule that received significant pushback earlier this year for the wide breadth of the types of technology it covers DPL Financial has (..)

Financial Planner 215

Financial Planner Fee Only Tax Planning Retirement 215

Yardley Wealth Management

JUNE 6, 2023

When choosing a financial advisor, consider their costs and whether they earn commissions on products they recommend. The Securities and Exchange Commission (SEC) provides resources to help find a financial advisor who is right for you. Advisors may charge a percentage of AUM as their fee.

Certified Financial Planner 52

Certified Financial Planner Estate Planning Retirement Planning Financial Advisor 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

AUGUST 5, 2022

We also have a number of articles on retirement planning: How the variability in annuity payouts across annuity providers has exploded in 2022, creating an opportunity for advisors to add value to clients by comparison shopping across insurance companies.

Financial Planner 184

Financial Planner Compliance Insurance Financial Advisor 184

Random Roger's Retirement Planning

NOVEMBER 13, 2023

A couple of interesting retirement planning items from my reading today. First are two articles about people's reluctance to start to spend down their retirement savings from Kitces and Morningstar , it is a difficult psychological pivot to go from accumulating to decumulating. That might be close. It's ok, it happens.

Retirement 73

Retirement Retirement Planning Commission Medical 73

Yardley Wealth Management

MAY 30, 2023

Furthermore, fee-only advisors don’t receive any third-party payments, unlike advisors who earn commissions from financial products they sell. Retirement Planning: A fiduciary and fee-only advisor can help you create a retirement plan that takes into account your retirement objectives and current financial situation.

Fee Only 52

Fee Only Risk Tolerance Ethics Retirement Planning 52

Fortune Financial

SEPTEMBER 25, 2023

Long-term goals typically encompass retirement planning, wealth preservation and estate planning. Certified Financial Planner (CFP) CFPs are professionals who have completed rigorous education, passed a comprehensive exam and have substantial experience in financial planning.

Wealth Management 59

Wealth Management Management Risk Tolerance Retirement Planning 59

Ron A. Rhodes

JANUARY 6, 2024

The insurance lobby is against the imposition of the fiduciary standard by the DOL, as it will lower the excessive commissions often paid on the sale of Fixed Index Annuities…

Insurance 67

Insurance Commission Sales Fee Only 67

Fortune Financial

SEPTEMBER 25, 2023

Long-term goals typically encompass retirement planning, wealth preservation and estate planning. Certified Financial Planner (CFP) CFPs are professionals who have completed rigorous education, passed a comprehensive exam and have substantial experience in financial planning.

Wealth Management 52

Wealth Management Management Risk Tolerance Retirement Planning 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

Carson Wealth

AUGUST 28, 2022

They are paid a commission by their underlying broker/dealer or insurance company when a customer purchases a product, such as a mutual fund, annuity or life insurance policy. . The commission is not paid directly by the consumer. AUM Fee Model vs. Commission Model . Instead, it is built into the price of the product.

Financial Advisor 52

Financial Advisor Commission Insurance Financial Planning 52

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. What is an annuity?

Retirement 185

Retirement Insurance Financial Planner Taxes 185

WiserAdvisor

AUGUST 3, 2023

A reputable financial advisor should provide a comprehensive range of services, including budgeting, debt management, insurance optimization, tax planning, retirement planning, estate planning, and investment management. A financial advisor’s service is equally significant when assessing their value proposition.

Financial Advisor 52

Financial Advisor Retirement Planning Fee Only Retirement 52

Envision Wealth Planning

SEPTEMBER 14, 2022

While health insurance pays for most of your healthcare bills, it won’t replace your income that pays for your living expenses if you’re out of commission. Some plans also offer health savings account options, which you should take advantage of if that’s available to you. And of course the big one, a retirement plan.

Retirement Planning 98

Retirement Planning Insurance Healthcare Planning 98

WiserAdvisor

JUNE 2, 2023

These professionals also hold expertise in various fields, such as retirement planning, tax management, estate planning, investment management, insurance, debt management, wealth management, and more. Securities and Exchange Commission (SEC) if they manage $100 million or more in assets.

Financial Advisor 52

Financial Advisor Financial Planner Wealth Management Portfolio Management 52

Investment Writing

NOVEMBER 15, 2022

for retirement: planning a prosperous, healthy, and happy future by John E. Disclosure: If you click on an Amazon link in this post and then buy something, I will receive a small commission. What color is your parachute? Nelson and Richard N. I enjoyed both books, so I’ll probably read more by this author.

Food 102

Food Medicine Retirement Planning Commission 102

Park Place Financial

NOVEMBER 29, 2022

Securities and Exchange Commission. 5 Ways to Catch Up on Retirement Planning Later in Life. How to Calculate How Much You Need to Retire. Retirement Plans [contact-form-7] Sign-Up for your Complimentary Financial Review Signup. derivative. Structured products are registered with U.S. Related Posts.

Certified Financial Planner 52

Certified Financial Planner Fiduciary Duty Retirement Planning Retirement 52

WiserAdvisor

SEPTEMBER 13, 2022

The average retirement age in America is 63. However, it may still be advised to start planning your retirement as soon as you can. Retirement planning is a long process. It can take several years to understand your future needs and accumulate enough savings to prepare for a financially secure retirement.

Retirement Planning 52

Retirement Planning Retirement Planning Budgeting 52

Park Place Financial

SEPTEMBER 8, 2022

They register with the United States Securities and Exchange Commission ( SEC ) to gain the designation. . These financial professionals are only responsible for recommending products that suit their clients, and they may suggest the more costly products that earn them a higher commission. . Chartered Financial Analyst (CFA) .

Financial Advisor 52

Financial Advisor Fiduciary Duty Certified Financial Planner Financial Planner 52

International College of Financial Planning

SEPTEMBER 3, 2021

They may charge for their services either on a commission basis or hourly rates. However, our advice is to trust financial planners who either take a flat annual fee or charge per hour for managing your portfolio instead of charging a commission on every stock they buy or sell. How to Compensate Financial Advisors? Objectivity.

Financial Planner 52

Financial Planner Financial Advisor Certified Financial Planner Commission 52

WiserAdvisor

SEPTEMBER 14, 2022

The average retirement age in America is 63. However, it may still be advised to start planning your retirement as soon as you can. Retirement planning is a long process. It can take several years to understand your future needs and accumulate enough savings to prepare for a financially secure retirement.

Retirement Planning 52

Retirement Planning Retirement Planning Budgeting 52

Cordant Wealth Partners

SEPTEMBER 8, 2022

The Microsoft 401(k) retirement plan offers many excellent choices among actively managed and index funds. Action Items & Summary Microsoft’s 401(k) retirement plan is a significant benefit for those working for Microsoft, but you can’t capture those benefits unless you take action.

Retirement Planning 52

Retirement Planning Retirement Planning Taxes 52

Clever Girl Finance

SEPTEMBER 11, 2023

The Fidelity Learning Center features insights on investing, retirement planning, and other financial topics. Retirement planning tools Fidelity provides retirement planning tools , including calculators, educational content, and retirement income planning help.

Investing 84

Investing Investments Education Accounting 84

Good Financial Cents

JANUARY 26, 2023

The stock market has returned an average of between 9% and 11% over the past 90 years and that’s the kind of growth that you’ll need to tap into if you want to retire at 50. Your retirement plan shouldn’t be. Get in touch with an Independent Financial Professional to see if you're on track to meet your retirement goals.

Retirement 122

Retirement Taxes Retirement Planning Accounting 122

Random Roger's Retirement Planning

MAY 1, 2024

Buy an annuity might be cringe, but maybe not, it does say "no commissions, loads, distribution fees or surrender charges." It is still early innings in the evolution of products that annuitize retirement assets (reminder I am making a distinction between annuitize and annuities). That's not what Blackrock appears to be doing.

Assets 52

Assets Retirement Commission Distribution 52

Harness Wealth

AUGUST 31, 2023

These can include: Health Insurance Retirement Plans Paid Time Off Workers’ Compensation Insurance Training and Development Programs Before making your first hire, consult an employment attorney to understand the legal obligations and potential liabilities.

Taxes 59

Taxes Recruitment Accounting Budgeting 59

International College of Financial Planning

AUGUST 2, 2021

The simplest definition of the role of a financial advisor would of that of a person who helps individuals, families, and organizations make decisions related to their investments, taxes, insurance planning, retirement planning, estate planning, and money management. Banks & NBFCs. Brokerage Firms.

Financial Advisor 52

Financial Advisor Certified Financial Planner Certification Fee Only 52

International College of Financial Planning

JULY 10, 2023

Some common career paths for investment advisors include working as wealth manager, family office, portfolio manager (PMS), Retirement Planner, Estate Planner. Investment advisors can also specialize in specific areas such as retirement planning, tax planning, or portfolio management.

Financial Advisor 52

Financial Advisor Certified Financial Planner Financial Planner Investing 52

Random Roger's Retirement Planning

APRIL 21, 2024

The commissions on annuities are usually enormous. Barron's reported on a proposed change to the fiduciary standard related to when people leave companies and how or if they should roll their 401k over into an IRA. The intent is to help people from getting conflicted advice. It appears to be more focused on annuities than rollover IRAs.

Investing 50

Investing Investments Retirement Insurance 50

Sara Grillo

AUGUST 14, 2023

If their sole method of compensation is a product, and/or they are taking commissions, then in reality it is less likely they are embracing all the values that the standard requires. Commissions are opaque. He has presented papers at conferences on topics such as investment fraud, risk management, and retirement planning.

Financial Advisor 52

Financial Advisor Fiduciary Duty Insurance Financial Advice 52

Inside Information

FEBRUARY 1, 2024

I remember when software was first introduced into the financial planning space, first as a spreadsheet called Visicalc, later Lotus 123, then Excel, and some financial planning calculators were built on top of them that looked a lot like the planning programs of today. What was the reaction? Is this going to replace us?

Financial Planner 40

Financial Planner Financial Planning Clients Planning 40

Harness Wealth

JUNE 1, 2023

This plan may cover estate and retirement planning, college savings, debt management, and more. Tax Planning: Financial advisors can help manage your tax liability, advising on strategies to minimize capital gains taxes, maximizing tax-efficient investments in retirement accounts, and charitable giving.

Wealth Management 52

Wealth Management Financial Advisor Management Risk Tolerance 52

Sara Grillo

MAY 10, 2024

One of my best clients who runs a business just hired another advisor to manage their 401k plan.” ” I’ve heard iterations of this: I’m a CPA and financial advisor, and my best tax return client just hired someone else to do their retirement planning. I’m a Social Security expert.

Clients 52

Clients License Retirement Planning Financial Advisor 52

Clever Girl Finance

NOVEMBER 16, 2022

As soon as you realize that your identity was stolen, you should report it to the Federal Trade Commission (FTC) right away. By making this report to the FTC, you'll get guidance on how to create a recovery plan. Because the fraud could happen on your existing accounts which a credit freeze does not impact.

License 70

License Insurance Accounting Medical 70