Sara Grillo

MAY 10, 2024

.” I’ve heard iterations of this: I’m a CPA and financial advisor, and my best tax return client just hired someone else to do their retirement planning. My client just referred their out-of-state best friend to an advisor in Alabama, even though I am also licensed in Alabama.

Clients 52

Clients License Retirement Planning Commission 52

Diamond Consultants

JULY 16, 2024

Common examples of such ancillary services include trust and estate planning, tax advisory, concierge/UHNW services, bill-pay, specialty financing, bespoke alternative and private investments, and many more. If your niche is divorcees, you likely need a strong bench of attorneys to refer business to. Have a “thing.”

Clients 52

Clients Retirement Planning Taxes Estate Planning 52

WiserAdvisor

AUGUST 3, 2023

The 1 percent fee structure refers to the annual advisory fee charged by a financial advisor, typically calculated as a percentage of the Assets Under Advisory (AUA). Flat fee : In this fee structure, fee-only advisors charge a fixed dollar amount for specific financial planning services, regardless of the size of your assets.

Financial Advisor 52

Financial Advisor Retirement Planning Fee Only Retirement 52

Park Place Financial

SEPTEMBER 8, 2022

Typically, these advisors are skilled in multiple areas, such as general wealth management or estate planning. This type of financing planning may be more beneficial for wealthier people, who need assistance with reducing their tax liability or deciding how to allocate money to beneficiaries. Financial Advisor . 0 Comments.

Financial Advisor 52

Financial Advisor Fiduciary Duty Certified Financial Planner Financial Planner 52

WiserAdvisor

JANUARY 27, 2023

2023 may see several changes with respect to retirement plans, Social Security, etc., under the Securing a Strong Retirement Act of 2022 (SECURE 2.0). Rebalancing refers to the process of realigning the portfolio’s asset allocation to reflect your current financial goals, risk appetite, and needs. can be effective.

Wealth Management 52

Wealth Management Taxes Financial Planner Assets 52

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. For instance, you may discuss estate planning.

Financial Advisor 52

Financial Advisor Communication Portfolio Financial Planning 52

Carson Wealth

JULY 26, 2023

Compensation: This refers to how you intend to be compensated for the business. One popular option is setting up an employee stock ownership plan (ESOP), where employees are technically buying equity in the business through a retirement plan.

Planning 52

Planning Retirement Taxes Financial Planner 52

Harness Wealth

MARCH 11, 2024

Retirement contributions Individuals can take advantage of various tax-related retirement planning strategies to reduce their taxable income today and post-retirement. Health Savings Accounts (HSAs) HSAs are available to individuals enrolled in high-deductible health plans (HDHPs). Get started with Harness today.

Startup 59

Startup Taxes Medical Retirement 59

WiserAdvisor

APRIL 16, 2025

Planning for retirement is one of the biggest financial challenges you will ever face, and a financial advisor can help you adopt a strategy that can take you to your goals, mitigate risk, and adapt to the changes that will inevitably come your way. Retirement planning can be a long-term journey, and a lot can change along the way.

Financial Advisor 40

Financial Advisor Asset Allocation Retirement Planning Financial Planning 40

Brown Advisory

NOVEMBER 12, 2015

To reduce your AGI, you might consider looking into postponing income from retirement plan distributions, capital gains and even employer bonuses-from one year to another in order to manage the amount of AGI realized in any given year. If they remain below the $250,000 threshold for AGI, they will not have to pay the NII tax.

Planning 52

Planning Taxes Distribution Medical 52

Midstream Marketing

AUGUST 13, 2024

These people can refer clients to you. Build strong relationships with people in similar areas, like CPAs, lawyers, and real estate agents. These could include subjects like retirement planning, investment strategies, or estate planning. These people can refer clients to you.

Financial Market 52

Financial Market Planning Marketing Marketing 52

Sara Grillo

APRIL 11, 2022

Integrating Social Security, Medicare, ermine, all of these things that go along with retirement, I’m very good at… So this is what I work with clients on. And then I’ll say, Okay, well, I can refer you to somebody who can do this for you. But do you have to pay them a fee?

Financial Advisor 52

Financial Advisor Portfolio Clients Management 52

Nationwide Financial

AUGUST 23, 2024

Key Takeaways: Net Unrealized Appreciation (NUA) is the difference between the cost basis of employer securities in a retirement plan and their market value at the time of distribution. As a financial professional, understanding the NUA planning concept is essential and can be a valuable strategy for your clients’ retirement planning.

Retirement 52

Retirement Retirement Planning Distribution Taxes 52

Yardley Wealth Management

JUNE 6, 2023

Secure Your Financial Legacy When planning for your legacy, it’s important to consider various financial aspects. Here are some additional details and keywords to help guide you: Estate planning involves creating a plan for the management and distribution of assets after death.

Certified Financial Planner 52

Certified Financial Planner Estate Planning Retirement Planning Financial Advisor 52

Park Place Financial

SEPTEMBER 8, 2022

ESTATES The 5 Most Common Estate Planning Myths Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Estate planning is a crucial component of financial preparation for many individuals, as it enables their wealth to have a lasting and meaningful impact on their loved ones.

Estate Planning 52

Estate Planning Planning Certified Financial Planner Taxes 52

Carson Wealth

FEBRUARY 11, 2025

Municipal bonds are sometimes referred to as tax-exempt bonds because the interest earned on them is often (but not always) exempt from federal income taxes and sometimes from state and local taxes as well. Estate Planning for Tax Efficiency An essential aspect of estate planning is structuring your gifts to minimize tax liabilities.

Taxes 52

Taxes Investing Investments Accounting 52

Park Place Financial

APRIL 11, 2022

ESTATES 7 Life Events That Require Trust and Will Reviews Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. A living trust or a will ensures that your estate is passed to your children, grandchildren, or other beneficiaries. However, you may need to occasionally update this plan during your lifetime.

Estate Planning 40

Estate Planning Planning Assets Accounting 40

Walkner Condon Financial Advisors

APRIL 6, 2022

To define what we mean by step-up in basis , sometimes referred to as stepped-up basis, here is an example: Your mother purchased 100 shares of XYZ company at $10 per share in 1950, costing her $1,000, which is her “basis.” Individual retirement accounts, including IRAs and Roth IRAs. Real estate that was gifted prior to inheritance.

Assets 59

Assets Retirement Planning Estate Planning Taxes 59

WiserAdvisor

MAY 3, 2023

What is health or medical financial planning? Health or medical financial planning refers to preparing financially for potential healthcare expenses, both in the short and long term. Without long-term care insurance, you or your family may be forced to use your retirement savings or assets to pay for your expenses.

Financial Planning 40

Financial Planning Planning Medical Healthcare 40

WiserAdvisor

NOVEMBER 21, 2022

Unlike the average investor or other financial professionals, a CFP is a licensed expert in areas like estate planning, taxes, retirement, insurance, and investment planning. Opening Individual Retirement Accounts (IRAs) and managing your 401(k). Retirement planning, estate planning, tax planning.

Certified Financial Planner 40

Certified Financial Planner Financial Planner CFP Financial Planning 40

Harness Wealth

MARCH 13, 2023

To reduce your self-employment tax liability, maximize your business deductions, consider setting up a retirement plan, and keep accurate records of your personal and business income. The current self-employment federal tax rate is 15.3% on the first $142,800 of net income and 2.9% on income above that amount.

Taxes 59

Taxes Tax Planning Planning Retirement 59