Nerd's Eye View

MAY 10, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners"– this week's edition kicks off with the news that a recent analysis from Morningstar suggests that the Department of Labor's (DoL's) new Retirement Security Rule (aka Fiduciary Rule 2.0)

Financial Planner 225

Financial Planner Retirement Planning Retirement Valuation 225

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 233

Financial Planner Commission Financial Advisor Communication 233

Random Roger's Retirement Planning

DECEMBER 23, 2022

We spend a lot of time here on unexpected, one-off, unbudgetable expenses that can blow up a retirement plan that doesn't have a lot of margin for error. Getting the inverter replaced dragged on for three months, the insurance adjuster provided almost no communication. There is an element of luck to this too I believe.

Retirement Planning 50

Retirement Planning Retirement Planning Insurance 50

Nerd's Eye View

MARCH 22, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the SEC has recently been cracking down on firms for recordkeeping failures related to electronic communications, including their use of text messaging with prospects and clients.

Financial Planner 235

Financial Planner Communication Electronics Retirement 235

Nerd's Eye View

JANUARY 26, 2024

Also in industry news this week: A House committee has advanced a bill that would extend several expired business-related tax measures from the Tax Cuts and Jobs Act and would increase the value of the Child Tax Credit The SEC released its examination priorities for 2024, which include a focus on advisers' adherence to their duty of care and duty of (..)

Financial Planner 210

Financial Planner Retirement Planning Financial Advisor Retirement 210

Nerd's Eye View

OCTOBER 6, 2023

Also in industry news this week: A new advisor benchmarking study indicates that high-growth firms are excelling in 3 areas: client acquisition, "relationship alpha", and strategic scale A recent survey indicates that while advisors increasingly are leveraging home office investment models to save time and scale more efficiently, they often customize (..)

Financial Planner 245

Financial Planner CFP Certification Communication 245

WiserAdvisor

DECEMBER 18, 2023

Navigating the journey to retirement can often feel like a complex puzzle, especially when it comes to figuring out how much you need to save. The answer to “how much you need to retire” is shaped by various factors, including the kind of retirement life you dream of, your age, and the expenses you anticipate during your retirement years.

Retirement 105

Retirement Retirement Planning Risk Tolerance Healthcare 105

Abnormal Returns

OCTOBER 30, 2023

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. nextavenue.org) Advisers Comprehensive financial planning takes more time and effort. (kitces.com) AI How recommendation engines could work in wealth management.

Wealth Management 217

Wealth Management Financial Advising Retirement Planning Financial Advice 217

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 167

Financial Planner Retirement Planning Retirement Insurance 167

Nerd's Eye View

SEPTEMBER 1, 2023

Also in industry news this week: A legal challenge to FINRA's operations as a self-regulatory organization has the potential to upend the current regulatory system for broker-dealers and their registered representatives A recent study indicates that while many consumers appear confident handling their finances on a 'DIY' basis during their careers, (..)

Financial Planner 213

Financial Planner Strategic Planning Retirement Planning Retirement 213

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. Typically, these contributions are made by an employer into an employee’s retirement account as a part of their benefits package.

Accounting 100

Accounting Retirement Retirement Planning Planning 100

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

Nerd's Eye View

MAY 6, 2024

This month's edition kicks off with the news that self-directed retirement planning software provider NewRetirement has raised a $20M Series A round as the company demonstrates that its DIY tools really do turn a subset of consumers into bona fide prospects for financial advisors.

Financial Advisor 165

Financial Advisor Retirement Planning CFP Clients 165

Million Dollar Round Table (MDRT)

OCTOBER 1, 2023

By Mike Beirne, MDRT Round the Table editor As there are many types of clients in a range of demographics, there also are a variety of ways to communicate with them. Allocating retirement planning I introduce asset allocation with clients by dividing retirement life into two parts: basic life and high-quality life.

Clients 78

Clients Asset Allocation Retirement Planning Transportation 78

Fortune Financial

JANUARY 11, 2024

Maintaining this awareness is a continuous effort; keeping all employees up-to-date with regular communication about any changes or additions to the benefits is essential. Utilize Various Communication Channels Ensure that all channels are clear and free of jargon to make them accessible to all employees.

Retirement Planning 59

Retirement Planning Education Insurance Retirement 59

WiserAdvisor

MARCH 28, 2024

As you enter your 50s, the urgency of retirement savings becomes palpable. For those who find themselves behind on their retirement savings, the path ahead may seem daunting. However, despite the challenges, there are strategies to catch up on your retirement savings.

Retirement 59

Retirement Financial Advisor Medical Healthcare 59

Fortune Financial

MARCH 5, 2024

One powerful tool that might not be on every entrepreneur’s radar — but definitely should be — is a 401k plan. Aside from just being a retirement savings option, a 401k for small business owners can be a game-changer that offers benefits extending well beyond your future financial security and that of your employees.

Retirement Planning 52

Retirement Planning Financial Advisor Retirement Taxes 52

Nerd's Eye View

NOVEMBER 1, 2023

Advisors also can support the backdoor Roth process by communicating with clients' tax preparers about the strategy and why they are recommending it for their mutual client.

Taxes 244

Taxes Accounting Clients Retirement Planning 244

Million Dollar Round Table (MDRT)

OCTOBER 5, 2023

By Clay Gillespie, CFP, CLU There are myriad ways to prepare clients for a fulfilling retirement. Clients accumulate assets for many years in the hope of retiring and living comfortably, but that’s only part of it. Retirement income In retirement, clients need to be prepared for a stock market correction every day.

Retirement 89

Retirement Clients CFP Assets 89

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

Ballast Advisors

AUGUST 18, 2023

In its annual Retirement Confidence Survey of current workers and retirees, the Employee Benefit Research Institute found that workers’ confidence in their ability to fund retirement fell by the largest extent since the financial crisis of 2008, to levels not seen since 2018. Broadridge Investor Communication Solutions, Inc.

Retirement 52

Retirement Taxes Planning Accounting 52

Fortune Financial

DECEMBER 23, 2022

Retirement benefits are a key component of a benefits package that attracts and retains top talent. Offering the right 401(k) plan gives you an advantage in competitive job markets while also helping your employees save for retirement. What Is a 401(k) Plan? What Is a 401(k) Plan?

Planning 52

Planning Retirement Planning Retirement Distribution 52

Nerd's Eye View

DECEMBER 21, 2022

For the former client, because a 90% probability of success means that there is a 10% chance they will deplete their portfolio (though the magnitude of the failure is unknown), they might choose to aim for an even higher probability of success to decrease the likelihood that they will run out of money in retirement.

Financial Planning 246

Financial Planning Planning Retirement Portfolio 246

Nerd's Eye View

AUGUST 24, 2022

a single person, a couple, a business, or a retirement plan) and the date on which the agreement will become effective. To start, the agreement should contain basic information about the adviser-client relationship, including who the client is (e.g., The agreement should also lay out some acknowledgments for the client to review.

Electronics 186

Electronics Clients Retirement Planning Financial Advice 186

Nerd's Eye View

AUGUST 24, 2022

a single person, a couple, a business, or a retirement plan) and the date on which the agreement will become effective. To start, the agreement should contain basic information about the adviser-client relationship, including who the client is (e.g., The agreement should also lay out some acknowledgments for the client to review.

Electronics 176

Electronics Clients Retirement Planning Financial Advice 176

Fortune Financial

SEPTEMBER 25, 2023

Whether planning for retirement, saving for your children’s education or simply looking to grow your investments, finding the right wealth management services in Kansas City can make all the difference. Long-term goals typically encompass retirement planning, wealth preservation and estate planning.

Wealth Management 59

Wealth Management Management Risk Tolerance Retirement Planning 59

Fortune Financial

SEPTEMBER 25, 2023

Whether planning for retirement, saving for your children’s education or simply looking to grow your investments, finding the right wealth management services in Kansas City can make all the difference. Long-term goals typically encompass retirement planning, wealth preservation and estate planning.

Wealth Management 52

Wealth Management Management Risk Tolerance Retirement Planning 52

Indigo Marketing Agency

MAY 5, 2020

How To Grow Your Retirement Plan Business In The 2020 Economic Crisis. We’ll review: – How has the retirement landscape been affected by COVID-19? – How can advisors grow their retirement business in the current crisis? I’m super excited to welcome the team at Retirement Learning Center.

Retirement 52

Retirement Economics Retirement Planning Financial Planning 52

Carson Wealth

DECEMBER 20, 2022

Having proper estate planning documents can help ensure your assets pass where, when, and how you want them to. Saving monthly for retirement can create meaningful assets to help boost any shortfalls. What Is Financial Planning? Include retirement plan statements you may have with old employers.

Financial Advisor 52

Financial Advisor Certified Financial Planner Financial Planner Retirement Planning 52

eMoney Advisor

JANUARY 24, 2023

When you can give clients the exact report they want to see, the perfect report that tells them everything is fine, you’ll get far greater client engagement with your planning process and your technology solution. You’ll find that your communication is much easier and clients are happier.

Clients 82

Clients Financial Planning Retirement Financial Planner 82

Indigo Marketing Agency

AUGUST 23, 2023

Even I, a millennial, find myself seeking guidance from advisors for: Retirement planning Tax strategies Life insurance Real estate College funds for children Long-term care plans Estate arrangements Given their life stage, millennials require assistance with various financial planning aspects.

Financial Advisor 52

Financial Advisor Clients Retirement Planning Financial Advice 52

Ballast Advisors

NOVEMBER 27, 2023

Save more for retirement Deductible contributions to a traditional IRA and pre-tax contributions to an employer-sponsored retirement plan such as a 401(k) can reduce your 2023 taxable income. Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, legal, or retirement advice or recommendations.

Taxes 40

Taxes Retirement Planning Distribution Retirement 40

FMG

SEPTEMBER 16, 2022

Whether retirement planning, technology seminars, or education planning, community events are an efficient way to share your experience with others in your community. Educational events also do a great job of promoting yourself as a center of influence in your community.

Clients 108

Clients Food Education Retirement Planning 108

Discipline Funds

NOVEMBER 17, 2023

I’ve previously stated that the worst narrative in finance is the way we communicate time horizons to investors. When you shift towards retirement your time horizon and risk profile shifts to a more conservative position. Every client who sat in the office would be forced to stare at this massive chart. But I don’t think that’s right.

Financial Planner 103

Financial Planner Budgeting Taxes Asset Allocation 103

WiserAdvisor

JULY 25, 2023

A financial advisor possesses a deep understanding of complex financial concepts and can help you navigate the intricacies of investing, retirement planning, debt management, estate planning, succession planning, tax optimization, and more. Make a note of their communication skills and interest in the conversation.

Financial Advisor 52

Financial Advisor Communication Portfolio Financial Planning 52

Nationwide Financial

MAY 19, 2023

Implementing a succession plan can help families beat the odds and ensure a successful transition of the business to future generations. For business owners whose retirement may be 10 or even 15 or more years away, it’s easy to find reasons to put off succession planning. 1 Reinforce the benefits a succession plan will provide.

Planning 52

Planning Clients Insurance Retirement 52

Clever Girl Finance

AUGUST 15, 2022

So that being said, the key ingredient to conquering finances in marriage is communication. You may have different spending habits, monthly expenses, and even communication skills when you first get married. Ways to communicate about finances in marriage. Retirement. Plan a nice dinner, go for a long walk, etc.

Communication 69

Communication Accounting Budgeting Planning 69