Sat.Jun 18, 2022 - Fri.Jun 24, 2022

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Lessons From Inflation’s Return

Fortune Financial

Inflation is now front and center in the minds of investors as domestic measures of consumer prices reach levels not seen in a generation: This is obviously a sea change for investors long accustomed to the benign inflationary environment that has prevailed with little interruption for several decades. Since I have written on the topic and its impact on financial assets on several different occasions I thought it would be worthwhile to revisit some of those ideas now that inflation has returned.

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Webinar Recap: Highlights From our Enterprise Roundtable ??

AdvicePay

Powered by innovative technologies, the financial planning business model is rapidly evolving into a sustainable fee-based revenue stream. The financial services enterprise companies that have already empowered their advisors to implement the latest approaches demonstrate powerful growth and are driving incremental revenues to scale. For some, like LPL Financial, the gross financial planning revenue has almost doubled since implementation!

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LinkedIn for Financial Advisors: 5 Steps to a Great Profile

Twenty Over Ten

As a financial advisor, LinkedIn is your first impression in the world of business and social media. If a potential client is considering you to become their financial planner, they will often look beyond your website to places like LinkedIn.

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What if There is No Recession?

Mullooly Asset Management

In this week’s podcast, Tom and Casey discuss how the market has priced in a severe recession, and what that means moving forward. The guys review the latest charts and data points they’ve been paying attention to. With many of them pointing to improvements in inflation. As always, we’re here this week to keep things […] In this week’s podcast, Tom and Casey discuss how the market has priced in a severe recession, and what that means moving forward.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Sometimes An ETF Is Not The Answer

Random Roger's Retirement Planning

Closing out the podcast with Eric Crittenden and Jason Buck on one point they made almost in passing that came back to me today. First we looked at Crisis Alpha from their conversation, then a more wide ranging recap and today, the idea of risk transfer as an asset class, or more correctly an uncorrelated income stream. The idea intrigues, it has intrigued me for years and years and have blogged about it going back to before any of the US exchanges were publicly traded.

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40 Fun Things To Do For Free With Friends

Clever Girl Finance

What do you usually do when you want to see your friends? Go to an expensive restaurant? See a movie? These things are fun, but they aren’t going to help your wallet much. It’s a really great feeling when you can spend time with friends without having to spend money. But if you aren’t spending money, won’t you end up doing something lame, or worse, not hanging out at all?

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Teaching Kids About Financial Literacy

Integrity Financial Planning

How can you instill wise financial decisions at a young age? Brian shares his favorite financial app for kids and teens and how these healthy habits can pay off in the long-run. Inflation means that prices for everything is going up. Delta Dental found in a poll that kids received more than $5 a tooth from the “tooth fairy” this year! Is this a teachable moment for your kids?

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The Art of Reinvention with Simidele Adeagbo at #XYPNLIVE 2022

XY Planning Network

4 MIN READ. In 2018, Simidele (sim-me-day-lay) Adeagbo (ah-day-ahg-bow) became the first Nigerian Winter Olympian and the first African and Black woman to compete in skeleton (a sport in which athletes hurl themselves headfirst on a sled down an icy hill at 80 miles an hour) at the Olympics. All while navigating a predominantly Eurocentric, male-dominated sport on the world's biggest stage, where a woman of color had never been represented.

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Financial Advisor Dress Code for Success

Conneqtor

Ideal employees don’t wear suits. Software engineers only wear hoodies. Tech innovators don turtlenecks. Most financial advisors are taught that to be successful, then we need to dress the part. You want to earn a million, dress like you’ve already reached that point. If you want your handshake to be impactful, strap on that Rolex.

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

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My IBD was just sold. Now what?

Diamond Consultants

Advisor Group’s acquisition of American Portfolios Financial Services reminds independent reps whose broker dealer recently sold that whether content or not with your firm, the news is unsettling. So what does an IBD advisor do next? Here are 4 things that can help you to regain control of your business life. News of major acquisitions of broker dealers is nothing new—particularly in recent years.

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Retirement Income Planning Can Be an Advisor’s Road Map to Growth

Covisum

I’m sure you spend loads of time figuring out financials for your clients. But, when was the last time you spent the same amount of time on your business? Building a road map for your business is crucial, especially if you own, operate, or work for a small-to-medium-sized RIA.

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To rollover or not rollover…that is the question.

MainStreet Financial Planning

If you have changed jobs or perhaps recently retired, chances are you were contributing toward your retirement in a 401K (or 403b) and have built up a balance in your account. What should you do with the balance in your account after you leave your job? Well, that depends on your situation. Here is a chart I have made with the pros and cons of the options available to you.

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Values-Based Financial Planning with Natalie Taylor

Steve Sanduski

What is the cornerstone of your financial planning process? Solid money management is table stakes, not a differentiator. What really stands out is when you help clients be thoughtful about “what’s the money for” and then align their money to support the life they want to live and be in harmony with their values. Advisors who learn how to help clients make those connections will be providing a valuable service that creates clients for life.

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Banking on Loyalty: Holistic Financial Advice for Unparalleled Business Growth

Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

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Creating the Best Financial Advisor Marketing Plan for Your Business

FMG

Almost all businesses need marketing, from supermarkets to mega conglomerates. Marketing is the lifeblood of any successful company because it brings in new prospects and keeps current ones interested. Advisors use marketing as a way to grow your business and increase clients. Now as a financial advisor, your marketing might look different compared to someone in the insurance field or the grocery game.

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4 Things Investors Need to Know Right Now

Mullooly Asset Management

In this week’s video, Tom discusses 4 things he wishes investors knew about navigating the market here in 2022. When investors are preparing for retirement, it’s tempting to want to “turn off the risk” in their accounts. Tom explains why that’s not a good idea while he walks through some numbers regarding how long retirements […].

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Episode #425: Dan Ariely, Irrational Capital – Investing in Human Capital

Meb Faber Research

Episode #425: Dan Ariely, Irrational Capital – Investing in Human Capital Guest: Dan Ariely is a Founding Partner of Irrational Capital and a leading behavioral economist, author, entrepreneur and a James B. Duke Professor of Psychology and Behavioral Economics at Duke University. He is also a founding member of the Center for Advanced Hindsight. Date […].

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The Professional Association of Small Business Accountants Holds 16th Annual Awards Ceremony and Honors Six Members

Steve Feinberg

We’ve always been proud of the work we do at Appletree Business Services , from bookkeeping to payroll and tax-keeping packages, but it’s also satisfying to hear that your work has been recognized by some of the luminaries in your field. In the case of our founder, Steve Feinberg, his years of work and achievements have culminated in the prestigious lifetime achievement award for the year 2022 by the Professional Association of Small Business Accountants.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

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Hubly Insights: Women in Finance & How They Help Advisory Firms Thrive | Hubly

Hubly

This International Women's Day, we are excited to share our findings about women in the financial services industry based on our experience of working with hundreds of different advisory firms.

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Weekly Market Insights – June 21, 2022

Cornerstone Financial Advisory

Presented by Cornerstone Financial Advisory, LLC. Stocks moved lower last week as recession fears deepened following a Fed hike in interest rates and weak economic data. The Dow Jones Industrial Average fell 4.79%, while the Standard & Poor’s 500 dropped 5.79%. The Nasdaq Composite index slid 4.78% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slumped 4.51%. 1,2,3.

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Global Fuel Costs, WFH, and Financial Advisors

Conneqtor

Commuting to and from work is becoming increasingly expensive with the rising fuel prices. With these record high gas prices, this surge is impacting all aspects of our lives including our businesses.

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Financial Advisors: Is Now the ‘Right Time’ to Start Exploring Your Options?

Diamond Consultants

The truth is that taking the time to get educated about the opportunities available is a smart business decision—regardless of whether you want or are ready to make a move. Advisors often wonder if there’s a right time to embark upon the due diligence process. And the reality is that it’s important that they always stay aware and educated about the opportunities around them—particularly in an environment that’s evolved rapidly over the last several years.

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Quick Start Guide to a Crystal Clear Close

Did you know automating your month-end close can save up to 40% of the time typically spent on manual reconciliations? CFOs and controllers are leveraging SkyStem's workflow management and reconciliation tool to eliminate costly mistakes, ditch manual reconciliations and close faster. Want to know how they do it? Download our Quick Start Guide to a Crystal Clear Close!

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Behavior Change is in Your Head and Your History with Dr. Joy Lere

Steve Sanduski

In a Nutshell: Advisors have an extraordinary opportunity to understand their clients at a deeper level. To take advantage, all you need is curiosity, empathy, and a willingness to explore how past experiences with money are affecting financial choices today. Master these conversations and you’ll be able to facilitate positive behavior change, which is a skill — and a service — that will never become obsolete.

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Down with meaningless claims!

Investment Writing

This blog post was inspired by a section in Business Blather: Stop Using Words That Sound Good but Say Nothing! by Jerry McTigue. As you know, I agree with the mission of this book. Delete meaningless claims. In a section called “Enough with the platitudes already,” McTigue criticizes the “litanies of clichés and banalities writers believe exude a corporate luster simply because virtually every corporation proclaims them.

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How Your Social Security Timing® Subscription Can Set You Apart from the Competition

Covisum

Helping clients navigate Social Security changes to optimize their claiming strategy gets more complex each year. And accuracy is essential when calculating the best time for your clients to retire with the most significant amount of Social Security income.

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6 Personal Finance Objectives to Focus on This Summer

Mullooly Asset Management

Personal finance probably might not be at the top of anyone’s summer to-do list. But if the doom and gloom financial headlines have you feeling like you have no control over your personal financial situation, it’s time to shift your focus. The stock market and economy are largely out of your personal control. So it’s […].

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Transforming Lending: Understanding the Power of Digital Platforms

Digital platforms can provide you with plenty of solutions, yet many are still intimidated by them. It's time to end that worry and embrace what could make a major difference for your bank. Understanding how they work and how to best utilize them for your banks is key toward success. In this article, Biz2X breaks down all things digital platforms, including the many advantages of embracing them.

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Enroll in Financial Planning Course Online at ICOFP Delhi and learn how to invest better.

International College of Financial Planning

Finance planning : Having a personal finance plan keeps you searching for your dreams without taking you away from your responsibilities. It helps you ensure financial security for your family without affecting your primary goals. Thus, everyone should have a personal finance plan to keep more of his hard-earned money. . Financial planning is a holistic exercise to evaluate your current and future financial standing, enabling you to achieve all your goals systematically.

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8 Effective Financial Services Marketing Techniques

Steven J. Wilson

Digital marketing has emerged as one of the most influential financial services marketing techniques in recent years. Financial institutions are under constant pressure to reach new customers and grow their business, but traditional marketing methods are often costly and time-consuming. Digital marketing provides a more efficient and cost-effective way to reach potential customers.

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How to Command and Maintain Control over Conversations with Prospects and Clients

Don Connelly & Associates

How often have you been in a meeting with a client or prospect and felt like you lost control of the conversation? After starting on one subject, the other person goes off on tangents or takes the conversation in a new direction. Clients who are upset may launch into a rant with no particular point or one that isn’t related to the work you do with them.

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