Remove Compensation Planning Remove Numbers Remove Retirement
article thumbnail

#FASuccess Ep 409: Adding 1,400 New Clients In A Year As An Extension Of Doing (Profitable) Student Loan Consulting At Scale, With Travis Hornsby

Nerd's Eye View

In this episode, we talk in-depth about how Travis originally developed his specialization of student loan planning through first correcting the misinformation given to his (now-)wife and her friends in the medical field (and realized that he could give high value to a chronically underserved population), how Travis first started his student loan consulting (..)

article thumbnail

Weekend Reading For Financial Planners (June 15-16)

Nerd's Eye View

Also in industry news this week: While an infusion of Private Equity (PE) capital has shaken up the RIA M&A market, the ultimate implications for advisors, their clients, and the PE firms themselves remain unclear A recent study has found that a significant portion of 'DIY' investors are open to working with a human advisor (and paying for the (..)

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Facts You Need to Know About Your Retirement Plan

Getting Your Financial Ducks In A Row

Many of us are covered by one or more types of defined contribution retirement plans, such as a 401(k), 403(b), 457, or any of a number of other plans. What many of these plans have in common is that they are referred to as Cash Or Deferred Arrangements (CODA), as designated by the IRS. How, you might ask?

article thumbnail

Enhancing An Intriguing Pair Trade

Random Roger's Retirement Planning

The max drawdown numbers all hit in August, 2022. It's a deferred compensation plan on what would have been a $5 million salary in 1999. All five of the above have 50% in RISR and 50% in the symbol shown for the name of the portfolio. Closing out, July 1st is Bobby Bonilla Day.

article thumbnail

Retirement Planning: What Will Work Best for You?

Your Richest Life

Do you have a plan in place for your retirement? For many people, the extent of their retirement planning includes signing up for the plan at work – which is often more of a starting point than a comprehensive retirement plan. Some 457 plans can allow for Roth contributions and in-plan rollovers.

article thumbnail

When Everything Changes: The 5 Stages of Grief—Financial Advisor Edition

Diamond Consultants

Maybe its a sweeping compensation plan overhaul, the retirement of a long-time manager, or an unexpected acquisition. Your business is more than numbers and performance metrics. Its far more personal than most advisors imaginethat is, until it happens to them. Maybe your team dynamic shifts after a key partner departs.

article thumbnail

Massachusetts ‘Millionaires’ Tax Applies to Sudden Wealth Events

Darrow Wealth Management

Further, both examples ignore other sources of income, such as wages, pre-tax retirement account distributions, dividends, etc., Considering tax planning strategies to reduce the impact of the new MA surtax. The simple examples above only illustrate the state tax impact, but federal tax implications will also apply.

Taxes 111