Abnormal Returns

FEBRUARY 12, 2024

Podcasts Brendan Frazier talks with Sten Morgan, the founder of Legacy Investment Planning, about better communicating with clients. investmentnews.com) Lifetime income Americans need more help managing retirement income. thinkadvisor.com) Five steps to create a paycheck in retirement. thinkadvisor.com)

Wealth Management 195

Wealth Management Retirement Communication Investment Planning 195

Abnormal Returns

SEPTEMBER 4, 2023

theadvisorjourney.com) Brendan Frazier talks about the challenge of retirement spending with Morningstar's Christine Benz. wiredplanning.com) Jim Dahle talks financial therapy with Aja Evans. citywire.com) Why retiring advisers often have second thoughts. Then explain how you will address them."

Estate Planning 224

Estate Planning Financial Planning Retirement Planning 224

Nerd's Eye View

MARCH 21, 2024

Yet, for some clients, making the shift into retirement (or any other new stage of their lives) can often be a challenge for myriad reasons, which places the advisor in a unique position to help these clients understand the roadblocks they face and explore ways to overcome these obstacles.

Clients 183

Clients Financial Planning Financial Advice Retirement 183

Abnormal Returns

OCTOBER 30, 2023

(riaintel.com) How AI will play a role in the provision of financial advice. wsj.com) Family Communication is important for every family, but especially for the wealthy. thinkadvisor.com) Blended families don't plan their money lives in advance. thinkadvisor.com) 7 things that clients hate that financial advisers do.

Wealth Management 224

Wealth Management Financial Advising Retirement Planning Financial Advice 224

Million Dollar Round Table (MDRT)

NOVEMBER 19, 2023

This is important because if you’re not convinced about something, you may lack motivation in some areas of financial planning. We ask advisors if they would be willing to pay premiums for their term coverage to age 75 or 85, especially if they retired at 68 years old.

Financial Planning 84

Financial Planning Planning Insurance Medical 84

eMoney Advisor

MARCH 16, 2023

Along the way, I’ve gathered six key insights about financial planning for Millennials. However, sometimes it gets to be too much when it comes to financial topics. I have to tell them there’s a small chance of that happening, but an easier route would be to buy a boring business from someone who’s retiring.

Financial Planning 88

Financial Planning Planning Clients Retirement 88

eMoney Advisor

JANUARY 10, 2023

When financial professionals know how to effectively present a financial plan, they can better engage clients in the planning process and earn clients for life. Presenting a financial plan, however, isn’t as simple as running through the numbers. Communicate Clearly and Effectively.

Financial Planning 76

Financial Planning Planning Financial Planner Communication 76

eMoney Advisor

FEBRUARY 9, 2023

Of an estimated 104 million households seeking some level of financial advice, 88 million of those households want that advice from a financial professional. In this overview, we will explore the demographics of each stage, the financial planning needs of people in each stage, and strategies for serving them.

Financial Planning 95

Financial Planning Clients Planning Education 95

Walkner Condon Financial Advisors

JUNE 2, 2023

The importance of getting women into financial planning feels like it should go without saying. Unfortunately, we’re not quite there yet as a society, since as of 2022, the Bureau of Labor Statistics reports only a third of financial advisors are women. In 2022, nearly 42% of the externships participants were women.

Financial Planning 98

Financial Planning Planning CFP Financial Advisor 98

FMG

APRIL 12, 2023

Client communication is easily one of the most crucial elements of a successful business. Being able to efficiently and effectively communicate with clients can be the difference between satisfied customers and scathing reviews. Findings to Be Aware Of Every financial advisor has a different way of communicating with their clients.

Communication 52

Communication Financial Advisor Clients Financial Planning 52

eMoney Advisor

MARCH 21, 2023

Despite the toll on client emotions, times of market volatility give financial professionals a real opportunity to shine. By using your expertise to communicate, educate, and provide perspective, you’ll likely magnify the loyalty of your clients. But it takes a strong plan—and no small amount of willpower—to do this.

Financial Planning 72

Financial Planning Planning Marketing Marketing 72

eMoney Advisor

DECEMBER 21, 2022

Goal-based financial planning entails setting and achieving individual financial goals based on a client’s aspirations, assets, and savings. Whereas cash flow-based financial planning involves a precise approach to meeting goals based on the money flowing into and out of a household every month.

Financial Planning 76

Financial Planning Planning Budgeting Clients 76

The Better Letter

APRIL 6, 2023

Realistic Retirement Planning My children have consistently (and kindly) remarked about how grateful they are to have been able to graduate (with honors) from fine universities without any debt. Our retirement planning took a hit to do so. Thanks for reading. However, achieving that goal came at a cost.

Retirement Planning 100

Retirement Planning Retirement Planning Nonprofit 100

Abnormal Returns

MARCH 20, 2023

Podcasts Brendan Frazier talks with Deirdre Van Nest about communicating with clients in an emotionally-compelling way. wiredplanning.com) Daniel Crosby talks with Emily Koochel about defining and seeking financial wellness. barrons.com) The FDIC is planning to sell SVB Private separately from the rest of the bank.

Estate Planning 199

Estate Planning Retirement Communication Financial Planning 199

Nerd's Eye View

APRIL 4, 2024

Advisor Metrics, Cerulli Associates predicts that 37.5% (or nearly 110,000) of financial advisors will retire over the next 10 years. In its most recent report on U.S.

Financial Planner 186

Financial Planner CFP Professional Services Financial Planning 186

Darrow Wealth Management

NOVEMBER 20, 2023

If you think retirement planning moves stop at retirement, think again. Although it won’t make sense in every situation, retirement can be a unique opportunity for Roth conversions for some investors. For high earners, converting an IRA to a Roth IRA while you’re still working could be the worst time of all.

Retirement 81

Retirement Distribution Taxes Accounting 81

WiserAdvisor

SEPTEMBER 20, 2023

In retirement planning, the concept of vesting is more than a contractual formality; it serves as a retention tool that incentivizes employees to remain with their employer for a certain period. To grasp how vested balance works and impacts your financial future, it’s essential to understand the notion of vesting.

Accounting 100

Accounting Retirement Retirement Planning Planning 100

Nerd's Eye View

OCTOBER 24, 2023

Welcome to the 356th episode of the Financial Advisor Success Podcast ! Sarah-Catherine is the founder of Aptus Financial, a fee-only financial planning firm based in Little Rock, Arkansas, that is approaching $2M in revenue and works with over 480 client households.

Financial Advisor 182

Financial Advisor Financial Planning Planning Fee Only 182

Nerd's Eye View

FEBRUARY 7, 2024

telling the client or prospect to share what prompted them to reach out), since people can sometimes perceive fact-finding questions such as "What have you done so far to save for retirement?" Accordingly, the process starts with fact-finding questions, which ideally should be open-ended questions framed as statements (e.g., as judgmental.

Clients 215

Clients Communication Financial Planning Retirement 215

Nerd's Eye View

DECEMBER 14, 2023

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. While conversations between financial advisors and their clients often focus on the quantitative aspects of a client's financial life (e.g.,

Financial Advisor 187

Financial Advisor Communication Clients Financial Planning 187

Abnormal Returns

AUGUST 1, 2022

Podcasts Brendan Frazier talks with Tim Maurer about the 'why' of financial planning. standarddeviationspod.com) Sequence of returns Some strategies to mitigate sequence of returns risk, including 'retire slowly.' citywireusa.com) Retirement Retirees are worrying about the wrong stuff.

Retirement 130

Retirement Distribution Communication Financial Planning 130

Nerd's Eye View

APRIL 18, 2024

For over a decade, the financial advice industry has been bracing for an "any-minute-now" tsunami of advisor retirements and concomitant sales of financial planning practices. Which begs the question, to what extent should an advisory firm owner discount the sale price of their firm for a next-gen successor?

Planning 130

Planning Valuation Sales Clients 130

eMoney Advisor

NOVEMBER 15, 2022

Here are a few more reasons to apply it in your financial planning practice. To start, gratitude can support your clients’ commitment to pursuing their financial goals. 4 Saving for retirement and other milestones definitely takes willpower, but it turns out that feelings of thankfulness can help us persevere.

Financial Planning 76

Financial Planning Planning Clients CFP 76

Integrity Financial Planning

AUGUST 25, 2023

Pickleball can be a great way to stay active while in retirement. The Importance of Communication in Pickleball Doubles Matches In pickleball doubles, you’ll find that successful collaboration hinges on effective communication with your partner. appeared first on Integrity Financial Planning, Inc.

Communication 96

Communication Financial Planning Financial Advisor Planning 96

Integrity Financial Planning

AUGUST 28, 2022

Many people may not know that their will does not control who inherits all of their assets, such as retirement accounts, life insurance, and annuities. In order to pass these on, you must name a beneficiary for each retirement account, insurance policy, and annuity. Communicate, Communicate, Communicate.

Estate Planning 98

Estate Planning Planning Communication Retirement 98

MainStreet Financial Planning

FEBRUARY 1, 2024

During recent conversations, I’ve come across several people unfamiliar with the concept of fee-only financial planning, let alone considering it as a feasible choice. To shed light on this, I want to articulate the distinctive approach we use at MainStreet Financial Planning.

Financial Advice 96

Financial Advice Planning Fee Only Financial Planning 96

Workable Wealth

OCTOBER 14, 2020

Financial planning can take your money game up a notch by bringing clarity, strategy, and intention to your financial life. A healthy financial plan gives you the tools to take control of your finances and start living your life with passion, purpose, and freedom. So what’s the value of a financial plan?

Financial Planning 52

Financial Planning Planning Insurance Coverage Tax Planning 52

Nerd's Eye View

FEBRUARY 28, 2024

Initial outreach to a financial advicer rarely (if ever) results from a prospective client waking up in the middle of the night in a cold sweat because they just figured out that they're in desperate need of a comprehensive financial plan.

Planning 212

Planning Financial Advice Financial Planning Clients 212

Integrity Financial Planning

NOVEMBER 28, 2023

In the same way a good doctor may know key aspects of your personal health, a good financial advisor will know the crucial aspects of your financial situation–all to help you improve your financial health and retirement longevity. A good financial advisor takes the same approach to your financial health.

Financial Advisor 82

Financial Advisor Financial Planning Retirement Planning 82

Nationwide Financial

NOVEMBER 10, 2022

Department of Veterans Affairs aimed at making education, healthcare, life insurance, mortgages, and retirement more accessible for those who have served. When engaging in financial planning with your veteran and military clients, there are many unique obstacles and situations to consider. Financial veteran benefits.

Financial Planning 52

Financial Planning Planning Education Clients 52

Indigo Marketing Agency

JANUARY 25, 2022

But as a financial advisor, how should you communicate with your clients about market volatility? But what’s the best way to communicate about the recent market events? Why You Should Communicate During Volatility. Proactive communication is good client service. Stay focused on the long term.

Communication 52

Communication Clients Marketing Marketing 52

Nerd's Eye View

NOVEMBER 30, 2022

Taxes are a central component of financial planning. Almost every financial planning issue – whether it is retirement, investments, cash flow, insurance, or estate planning – has tax considerations, and advisors provide a great deal of value in helping clients minimize their overall tax burden.

Tax Planning 218

Tax Planning Compliance Taxes Financial Advisor 218

BlueMind

MAY 10, 2022

To succeed as a financial advisor your focus should be more than just finance, investing, and a retirement plan. With the competition becoming fierce in the growing financial industry, you need an edge to set yourself apart from your competitors. Ask them about their plans for retirement and how they envision spending it.

Financial Planning 52

Financial Planning Clients Planning Financial Advisor 52

Integrity Financial Planning

JULY 27, 2023

In an era where communication didn’t happen instantly, the thrill of opening a letter, carefully unfolding it from its envelope, and reading someone’s thoughts, feelings, or news was immeasurable. So much of retirement is about planning for and experiencing the future.

Financial Planning 93

Financial Planning Communication Planning Retirement 93

Nerd's Eye View

OCTOBER 12, 2022

Prospective clients often approach a financial advisor because they have a problem. Perhaps they are approaching retirement and do not know whether their current path is financially sustainable, or maybe they have a complicated equity compensation problem to sort through. What have you not done, but have always wanted to do?)

Clients 193

Clients Financial Planning Financial Advisor Retirement 193

eMoney Advisor

DECEMBER 14, 2022

Fact-finding, retirement literacy, and leading with planning round out the list of hot topics for 2022. 6 Effective Financial Professional Prospecting Tactics. Financial Planning KPIs Your Firm Should Be Tracking. Growing Your Financial Planning Practice by Leading with Planning. AFC®, CFT-I™.

Financial Planner 78

Financial Planner Financial Planning Retirement Clients 78

Integrity Financial Planning

NOVEMBER 28, 2023

In the same way a good doctor may know key aspects of your personal health, a good financial advisor will know the crucial aspects of your financial situation–all to help you improve your financial health and retirement longevity. A good financial advisor takes the same approach to your financial health.

Financial Advisor 52

Financial Advisor Financial Planning Retirement Planning 52