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The Liability Risk Of Giving Inadvertent Tax Advice (And How To Avoid It)

Nerd's Eye View

This shift reflects the reality that taxes permeate virtually every financial decision clients make – whether related to investing, retirement, business structure, or charitable giving – and often represent one of the largest expenses faced by clients over their lifetime. Read More.

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The Digitally Borderless Society Is Coming—And Faster Than We Think

Wealth Management

Their public records, LinkedIn activity, financial documents and digital behavior are already synthesized into a secure, adaptive client profile—before they finish typing their name. Number 8860726. Agentic frameworks are capable of replicating the behavior of these narrow tools—without their limitations.

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Top Compliance Challenges Financial Advisors Face

BlueMind

Category: Compliance. The Significance Of Financial Compliance Financial compliance requires all actions, procedures, guidelines, and business culture to abide by the rules and regulations set by the regulatory authorities of the financial market. Related: Compliance and Automation – An Ideal Unison!

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Weekend Reading For Financial Planners (February 3-4)

Nerd's Eye View

Also in industry news this week: A recent study from advisor digital marketing firm Snappy Kraken suggests firms that invest in Search Engine Optimization (SEO), have a regular cadence of emails to their subscriber list, and include video content in these messages tend to get greater returns from their marketing efforts CFP Board has created a guide (..)

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Montis Financial: Creating a Raving Fan Experience

Wealth Management

Document Management: Microsoft 365/OneDrive JY: We did a big overhaul after buying the business. We created a whole new system, very similar to a clean folder management structure, just so we could find documents easily and make it very intuitive. Number 8860726. It was a total brain dump, and you couldn’t find anything anywhere.

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Our Technology Columnist's Takeaways from Wealth Management EDGE

Wealth Management

The services they offer are great differentiators and help make advisors a go-to resource for navigating the intricacies of retirement income planning (which is very complex), healthcare-cost planning (a too often overlooked major expense), and as an end-of-life services guide (in the case of bQuest). Number 8860726.

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What Triggers an IRS Audit?

Harness Wealth

An IRS audit is a formal review of your financial records to verify their accuracy and compliance with tax laws. They receive copies of W-2s from employers, 1099s from clients, and other income-reporting documents. The IRS carefully scrutinizes these deductions to ensure compliance with strict valuation and documentation requirements.