XY Planning Network

DECEMBER 18, 2023

From RIA compliance best practices to using behavioral marketing tactics to get more clients, this list is loaded with one helpful resource after another to send you into 2024. Over the past year, we've published articles written with one purpose in mind: to help independent financial advisors be successful. Enjoy, and happy reading!

Financial Advisor 98

Financial Advisor Compliance Clients Marketing 98

XY Planning Network

APRIL 15, 2024

How do I manage compliance? And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I market myself? What's this going to cost?

Compliance 68

Compliance Financial Planning Planning Management 68

Sara Grillo

MARCH 22, 2024

Oregon Andrew Gray www.graywealthstrategies.com Flat Fee only (ongoing and one time plan) specializing in retirees and those approaching retirement. Corey Beal Home Pennsylvania Bill Hines www.emancipare.com We are advice-only, flat-fee, fee-only, transparent, holistic, inexpensive, and most importantly, altruistic and honest!

Financial Planning 52

Financial Planning Fee Only Financial Planner Financial Advisor 52

XY Planning Network

FEBRUARY 12, 2024

How do I manage compliance? And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I market myself? What's this going to cost?

Compliance 102

Compliance Financial Planning Planning Management 102

Sara Grillo

OCTOBER 21, 2022

Fee-only advisor – This is an advisor that does not charge commissions and hence is believed to be more aligned with the client’s best interests. Fee-only advisors are bound to the fiduciary standard. He knew before graduating fee-only was the path for him, his conscience, and his personality.

Insurance 98

Insurance Fee Only Financial Planner Financial Advisor 98

XY Planning Network

MARCH 18, 2024

How do I manage compliance? And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I market myself? What's this going to cost?

Compliance 76

Compliance Financial Planning Planning Management 76

XY Planning Network

AUGUST 15, 2022

Let’s dive into several ways to keep your compliance organized beyond the filing cabinet. It can evoke a certain amount of nerves on its own (especially if it’s your first time!) Double that stress if you are not well organized.

Compliance 79

Compliance Fee Only Financial Advisor 79

XY Planning Network

AUGUST 28, 2023

How do I manage compliance? And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I market myself? What's this going to cost?

Compliance 83

Compliance Financial Planning Planning Management 83

XY Planning Network

JUNE 5, 2023

From tackling compliance to creating a business plan and everything in between, this roundup of resources will set you up for firm launch success. Making the decision to go independent and launch an RIA on your own can be scary, but the good news is you’re not alone as you begin the journey toward independence.

Financial Advisor 61

Financial Advisor Compliance Financial Planning Business Planning 61

XY Planning Network

APRIL 3, 2023

If it often feels as if your to-do list never ends with administrative tasks and compliance management, on top of your regular client meetings, you’re not alone! 3 MIN READ Raise your hand if you've ever wondered how you can boost your productivity and become more efficient. ?

Financial Advisor 68

Financial Advisor CFP Compliance Management 68

XY Planning Network

JUNE 5, 2023

From tackling compliance to creating a business plan and everything in between, this roundup of resources will set you up for firm launch success. Making the decision to go independent and launch an RIA on your own can be scary, but the good news is you’re not alone as you begin the journey toward independence.

Financial Advisor 52

Financial Advisor Compliance Financial Planning Business Planning 52

XY Planning Network

AUGUST 28, 2023

How do I manage compliance? And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I market myself? What's this going to cost?

Compliance 52

Compliance Financial Planning Planning Management 52

XY Planning Network

JUNE 13, 2022

Outside managers offer affordable investment management services for smaller accounts and can be a wonderful option for advisors and their clients, just keep in mind that leveraging an outside manager comes along with some regulatory considerations and compliance to-dos.

Management 52

Management Investing Investments Compliance 52

XY Planning Network

FEBRUARY 20, 2023

There are customers and employees, marketing and keeping an eye on industry trends, cash flow and compliance. 8 MIN READ There are a million things to keep track of when running a business. With these come a number of different dates to keep track of, which as a small business owner or a solopreneur can get overwhelming, fast. to address!

Taxes 68

Taxes Financial Advisor Compliance Numbers 68

Inside Information

MAY 30, 2023

Another uncomfortable fact is that these BDs have enormous compliance departments which supervise all of the communications put out by the reps and their offices—which is required by FINRA. The compliance people have to pre-approve their communications. Sales are important, but the BD executives won’t be talking about that.

Communication 40

Communication Sales Compliance Insurance 40

Sara Grillo

JANUARY 9, 2023

Specific examples: Educating financial advisors of all business models (AUM, fee only, commission, etc.) Executing outreach to college students to encourage them to avoid predatory wirehouse and insurance training programs and pursue fee-only paraplanning jobs instead. Colorado Department of Regulatory Agencies.

Financial Planning 52

Financial Planning Planning Financial Planner CFP 52

XY Planning Network

DECEMBER 11, 2023

Unless your firm is registered with the SEC, your business is likely subject to the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act. This post dives into key details and what you need to know as we head towards 2024 to ensure you’re compliant.

Investment Advisor 91

Investment Advisor Investing Investments Fee Only 91

XY Planning Network

NOVEMBER 28, 2022

7 MIN READ. We see many advisors with successful careers in financial planning and investment management influenced at some level by the ability to cross every “T” and dot every “I.”

Financial Planning 84

Financial Planning Clients Investing Investments 84

XY Planning Network

NOVEMBER 14, 2022

3 MIN READ. Knowledge is Power, Power provides Information; Information leads to Education, Education breeds Wisdom; Wisdom is Liberation. People are not liberated because of lack of knowledge.”? Israelmore Ayivor. I love learning and growing my brain, don’t you?

Education 86

Education Financial Advisor Clients Fee Only 86

XY Planning Network

JANUARY 16, 2023

4 MIN READ. New year, new firm? Whether you’re changing firms or starting your own, there are many things to consider and do. If notifying or bringing your clients with you is on your checklist, add this task first: C heck employment contract.

Clients 71

Clients Assets Management Recruitment 71

XY Planning Network

DECEMBER 19, 2022

5 MIN READ. Over the past year, we've published articles written with one purpose in mind: to help independent financial advisors be successful. As 2022 comes to a close, we rounded up our top 10 most-viewed blogs published this year.

Financial Advisor 73

Financial Advisor Fee Only Financial Planner Financial Planning 73

Inside Information

OCTOBER 30, 2021

A professional organization is interested in ensuring that everybody under the umbrella meets a clear set of standards.”.

CFP 40

CFP Commission Investing Investments 40

Sara Grillo

MAY 8, 2023

So let’s just suppose that I’m Mr. And Mrs. Financial advisor, and let’s just even suppose I’m a fee-only advisor just for the purpose of simplicity, I do not sell insurance, I don’t get compensated for insurance, I can accept commissions if someone needs term life, I refer them to the insurance agent down the street.

Insurance 59

Insurance Clients Financial Advisor Accounting 59

Sara Grillo

APRIL 11, 2022

He also has considerably less of a compliance, operational, and administrative burden because he is not taking custody or discretion of his clients’ assets. Also, nothing in this podcast or blog can be interpreted as legal or compliance advice. For advise on such matters, contact a legal or compliance advisor.

Financial Advisor 52

Financial Advisor Portfolio Clients Management 52

Sara Grillo

MAY 23, 2022

What is an advice-only financial planner? Advice-only financial planning is fee-only comprehensive financial planning without the expectation or even the option to manage any client investments. Financial planning is offered as a stand-alone product; it is the only thing that an advice-only financial planner does.

Financial Planner 52

Financial Planner CFP Financial Planning Education 52

Sara Grillo

MARCH 16, 2024

This was the first and largest in-person gathering of flat fee advisors! pricing, technology, compliance) as they build their transparent advice businesses.” Flat fee advisor “Highly qualified community with a shared vision for fairness, honesty, and transparency for clients. I look forward to more!

Financial Advice 52

Financial Advice Financial Advisor Communication Consulting 52

The Big Picture

APRIL 25, 2023

Brian Hamburger has been one of the leading authorities in the world of registered investment advisories, broker-dealers, SEC regulatory compliance. And I would constantly hear them frustrated by the compliance department. HAMBURGER: They were just blaming compliance for everything they couldn’t do. RITHOLTZ: Right.

Compliance 154

Compliance Wealth Management Clients Management 154

Sara Grillo

SEPTEMBER 26, 2022

Also, nothing in this podcast or blog can be interpreted as legal or compliance advice. For advise on such matters, contact a legal or compliance advisor. The opinions expressed herein do not necessarily represent the views of Sara Grillo or Grillo Investment Management, LLC.

CFP 59

CFP Financial Advisor Financial Planner Ethics 59