The Big Picture

MARCH 18, 2025

Media Madness : Do we really need 24/7 financial advice for our investments we wont draw on for decades? when the best course for our long-term financial health is to do nothing? Emotional Decision-Making : We make spontaneous decisions for reasons unrelated to our portfolios. We mix politics with investing.

Investing 317

Investing Investments Math Media 317

Abnormal Returns

MARCH 31, 2025

open.spotify.com) Robinhood What to think of Robinhood's ($HOOD) push into portfolio management. wealthmanagement.com) Custody Dynasty Financial Partners has a custody agreement with Goldman Sachs ($GS). citywire.com) Don't underestimate the importance of story telling in the financial advice business.

Wealth Management 144

Wealth Management Financial Advice Portfolio Management Consulting 144

A Wealth of Common Sense

DECEMBER 12, 2024

We also covered questions about how AI will impact the financial advice landscape, timing the next market correction, factoring an inheritance into the house-buying process and using long-dated options in a portfolio.

Investing 111

Investing Investments Financial Advice Portfolio 111

Abnormal Returns

SEPTEMBER 30, 2024

(citywire.com) Advisortech The financial giants have no incentive to give third parties access to customer data. riabiz.com) Charles Schwab ($SCHW) is mothballing the Institutional Intelligent Portfolios platform. riabiz.com) Kitces' FinTech Solutions Map just keeps growing. kitces.com) Tax strategies if the TCJA expires in 2026.

Financial Advice 130

Financial Advice Fee Only Estate Planning Taxes 130

A Wealth of Common Sense

JANUARY 23, 2025

We also covered questions about offering financial advice to family members, how to lower your auto insurance rates, how many years worth of fixed income you need in your portfolio and how to begin the estate planning process.

Estate Planning 118

Estate Planning Financial Advice Insurance Portfolio 118

Nerd's Eye View

DECEMBER 4, 2024

In the competitive market for financial advice, advisory firms often seek to find ways to differentiate themselves from one another. Additionally, private funds can employ leverage, short selling, derivative strategies, and other methods to further manage the portfolio's risk and return characteristics.

Clients 225

Clients Financial Advice Investing Investments 225

Nerd's Eye View

OCTOBER 23, 2024

While the financial advice industry has transformed in many ways over the past several decades, one aspect that has remained relatively constant is the use of the Assets Under Management (AUM) fee model as a common way for many advisors to get paid. So too does the impact of the infamous daily latte.

Clients 246

Clients Financial Advice Financial Planning Financial Advisor 246

Nerd's Eye View

JANUARY 13, 2025

Which is surprising to some, given that a decade ago, the emergence of so-called "robo-advisors" was supposed to displace human financial advisors and compress advisory fees. In reality, though, the robos struggled to gain traction, and the human financial advice business just continues to grow.

Financial Advice 146

Financial Advice Ethics Education Financial Planning 146

Abnormal Returns

SEPTEMBER 9, 2024

youtube.com) Brendan Frazier talks with Michael Kitces about mastering the human side of financial advice. citywire.com) Advisers Why adding alternatives may not do much for portfolios. (kitces.com) Dave Zoller talks with Brian Portnoy about the essential skills of the best advisers.

Financial Planner 271

Financial Planner Estate Planning CFP Financial Advice 271

Nationwide Financial

AUGUST 21, 2024

Securities-backed lending is a way clients can prepare for large cash expenses while keeping their portfolios intact. 84% of consumers expect to receive loan and credit management guidance from their financial professional; however, only 4% receive it. 1 You have an opportunity to fill an important gap.

Retirement 52

Retirement Portfolio Clients Financial Advice 52

Nerd's Eye View

JANUARY 20, 2023

Also in industry news this week: While the number of RIA M&A deals increased in 2022, the size of these deals declined, perhaps reflecting challenging market and economic headwinds A recent survey suggests that nearly half of financial advisory clients have changed advisors or have considered doing so since the start of the pandemic and that portfolio (..)

Financial Planner 246

Financial Planner Financial Advice Fee Only Financial Planning 246

Abnormal Returns

JULY 19, 2023

humbledollar.com) Investing Why you should think global when it comes to your equity portfolio. awealthofcommonsense.com) On the power of a high savings rate, keeping costs low, and maintaining a basic portfolio. humbledollar.com) Advice Provide people with financial advice when and where they need it.

Financial Counseling 49

Financial Counseling Retirement Financial Advice Portfolio 49

Nerd's Eye View

APRIL 10, 2024

Financial advicers are intimately familiar with the phrase, "Past results are not indicative of future performance." However, as investors learned in 2022, when the S&P 500 and 20-year Treasury Bonds fell 18.1%

Asset Allocation 246

Asset Allocation Wealth Accumulation Assets Portfolio 246

Nerd's Eye View

AUGUST 2, 2024

Further, the court indicated that its ultimate decision is likely to favor groups opposing the regulation, which could lead to an appeal by the DoL and leave advisors waiting (potentially much longer) for a final answer on what will be required of them going forward.

Financial Planner 246

Financial Planner Financial Advice Investment Planning Planning 246

Nerd's Eye View

AUGUST 2, 2024

Further, the court indicated that its ultimate decision is likely to favor groups opposing the regulation, which could lead to an appeal by the DoL and leave advisors waiting (potentially much longer) for a final answer on what will be required of them going forward.

Financial Planner 243

Financial Planner Financial Advice Investment Planning Planning 243

The Big Picture

SEPTEMBER 21, 2022

Spoiler: It wasn’t luck that gave Morgan Stanley Investment Management, Carmignac, Baird, and Invesco some of the top equity portfolios. Don’t Take Financial Advice From Kanye West : Nothing fails quite like success.

Financial Advice 288

Financial Advice Engineering Economy Banking 288

Nerd's Eye View

FEBRUARY 23, 2024

Also in industry news this week: A recent study has found that advisors who gain additional credentials tend to see a boost both in their confidence and in their business metrics, with the CFP certification standing out in terms of value The implications for RIAs of a proposed Treasury Department rule that would subject many firms to certain anti-money-laundering (..)

Financial Planner 246

Financial Planner Certification CFP Financial Advice 246

Nerd's Eye View

FEBRUARY 6, 2023

And be certain to read to the end, where we have provided an update to our popular “Financial AdvisorTech Solutions Map” (and also added the changes to our AdvisorTech Directory) as well!

B2B 246

B2B Financial Advice Clients Planning 246

Nerd's Eye View

DECEMBER 8, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a new study from research firm Cerulli has found that investors' willingness to pay for financial advice has risen over the last 15 years, with more investors reporting using a financial advisor (and a decreasing share considering (..)

Financial Planner 246

Financial Planner Numbers Clients Assets 246

Nerd's Eye View

JANUARY 22, 2024

In the early days of wealth management, a financial advisor's value proposition was relatively explicit, typically focusing on a limited range of portfolio management activities (e.g., selling and trading) or on sales-oriented advice that centered on implementing insurance products.

Financial Advisor 246

Financial Advisor Insurance Coverage Estate Planning Charitable Planning 246

Nerd's Eye View

JUNE 12, 2024

Otherwise, if the advisor doesn't account for the client's stated risk tolerance when making the recommendation (or doesn't bother to assess their risk tolerance to begin with), and the portfolio declines with the client incurring losses as a result, the advisor could be required by a jury or arbitrator to pay back the client for those losses.

Fiduciary Duty 245

Fiduciary Duty Risk Tolerance Investing Investments 245

Abnormal Returns

OCTOBER 1, 2024

ft.com) Americans have upped their portfolio risk from pre-pandemic levels. abnormalreturns.com) Adviser links: AI-assisted financial advice. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? (sherwood.news) No matter how you slice it, the stock market has done pretty well.

Financial Advising 157

Financial Advising Financial Advice Economy Media 157

Yardley Wealth Management

OCTOBER 22, 2024

The post How Conflicts of Interest Shape Financial Advice: A Conversation with Mike Garry and Amy Patterson appeared first on Yardley Wealth Management, LLC. The Shift Towards Fee-Only Advisors The rise of fee-only advisors has changed how financial advice is delivered. Today, many advisors have moved to a fee-only model.

Financial Advice 52

Financial Advice Fee Only Commission Financial Advisor 52

Nerd's Eye View

SEPTEMBER 12, 2023

Jason is the CEO of Altruist, a relatively new RIA custodian that has quickly grown to serve more than 3,500 advisory firms across the country, making it the 4th-largest independent RIA custodian by firm count.

Financial Advisor 246

Financial Advisor Investing Investments Financial Advice 246

Abnormal Returns

SEPTEMBER 11, 2023

Podcasts Cameron Passmore and Benjamin Felix talk with Preet Banerjee about the value of financial advice. kitces.com) Christine Benz and Jeff Ptak talk with Cynthia Haddad, an expert on financial planning for people with disabilities and their families. thomaskopelman.com) How social proof works in client acquisition.

Wealth Management 144

Wealth Management Estate Planning Financial Advice Financial Planning 144

Abnormal Returns

JUNE 5, 2023

Podcasts Peter Lazaroff talks with Michael Kitces about the evolution of financial advice. peterlazaroff.com) Daniel Crosby talks with Brendan Frazier about his list of the 10 guiding principles of financial psychology. kaleidocreative.com) Do clients really want personalized portfolios?

Financial Advice 130

Financial Advice Financial Planning Retirement Portfolio 130

A Wealth of Common Sense

APRIL 4, 2024

Nick Maggiulli joined me again on the show this week to discuss questions relating to giving financial advice to family members, the rent vs. buy decision, how hard it is to become a millionaire and how to diversify your portfolio as you age.

Risk Management 105

Risk Management Management Financial Advice Marketing 105

Abnormal Returns

JUNE 12, 2023

etftrends.com) Robo-advice Why the SEC is scrutinizing robo advice. citywire.com) Wealthfront has launched Automated Bond Portfolio. wealthmanagement.com) People seem to view all forms of financial information on par with each other. James Choi author of “Popular Personal Financial Advice Versus the Professors.”

Wealth Management 130

Wealth Management Financial Advice Financial Planning Planning 130

Don Connelly & Associates

APRIL 28, 2025

Successful advisors go beyond reacting to short-term events such as market volatility and its impact on client portfolios. Instead, they proactively address long-term economic trends that shape their financial futures. As a financial advisor, you are tasked with helping clients navigate complex and ever-changing economic landscapes.

Economics 52

Economics Financial Advice Financial Advisor Clients 52

Abnormal Returns

MAY 22, 2023

thereformedbroker.com) AI How financial advisers can leverage ChatGPT. kitces.com) How will AIs that dispense financial advice be regulated? riaintel.com) CI Wealth The stock market did not react well to CI Financial's financial engineering. Come meet the team in Austin on June 12-14th.

Financial Advising 130

Financial Advising Estate Planning Wealth Management Compliance 130

Nerd's Eye View

APRIL 23, 2024

What's unique about Tyson, though, is how he has developed a planning process he calls their "Total Relationship" approach, which puts an emphasis on determining a client's near-term lump sum spending needs like a new car purchase or a big vacation, and ensuring the portfolio is built around having sufficient cash available for those goals, which Tyson (..)

Clients 130

Clients Financial Advisor Wealth Advisor Financial Advice 130

Yardley Wealth Management

JANUARY 21, 2025

Exploring the Benefits of Financial Planning appeared first on Yardley Wealth Management, LLC. Is Talking to a Financial Planner Worth It? Exploring the Benefits of Professional Financial Advice Introduction “Is talking to a financial planner worth it?”

Financial Planner 52

Financial Planner Financial Planning Planning Retirement Planning 52

Midstream Marketing

OCTOBER 30, 2024

Key Highlights The financial advice world is changing. They need to put in more effort to attract prospective clients looking for financial advice. Understanding the Marketing Landscape for RIAs The world of financial advice is changing fast. This helps them draw in new clients who need financial advice.

Investment Advisor 52

Investment Advisor Investing Investments Ethics 52

The Chicago Financial Planner

NOVEMBER 8, 2021

This might have been their own doing or the result of poor financial advice. This is the time to review your portfolio allocation and rebalance if needed. Manage your portfolio with an eye towards downside risk. Manage your portfolio with and eye towards downside risk. NEW SERVICE – Financial Coaching.

Retirement 130

Retirement Marketing Marketing Financial Planner 130

Carson Wealth

MARCH 31, 2025

The truth is that theres no single right path to financial success. Lets look at three common pieces of financial advice that you may want to think twice about, depending on your personal financial goals. Ultimately, it comes down to your comfort level and financial priorities.

Financial Advice 59

Financial Advice Retirement Consulting Investing 59

International College of Financial Planning

MARCH 12, 2025

Unlike their predecessors, they are tech-savvy, investment-curious, and financially independent-inded. But they also have a mild addiction to online shopping, an over-reliance on BNPL schemes, and a tendency to take financial advice from influencers who may or may not know what theyre talking about.

Financial Planning 52

Financial Planning Planning Asset Allocation Financial Advice 52

MainStreet Financial Planning

MARCH 7, 2025

Fee-Only, Flat-Fee Financial Planners: Transparent, Unbiased, and Cost-Effective A fee-only financial planner charges a fixed fee for financial planning services, regardless of the size of your portfolio. Instead, they provide objective, conflict-free financial advice at a predictable cost.

Fee Only 52

Fee Only Financial Planner Financial Planning Estate Planning 52