Nerd's Eye View

APRIL 4, 2024

Advisor Metrics, Cerulli Associates predicts that 37.5% (or nearly 110,000) of financial advisors will retire over the next 10 years. Beyond that, however, obligating financial planners to hire and train new advisors could create some unintended (and detrimental) consequences. In its most recent report on U.S. Read More.

Financial Planner 190

Financial Planner CFP Professional Services Financial Planning 190

Nerd's Eye View

OCTOBER 12, 2022

Prospective clients often approach a financial advisor because they have a problem. Perhaps they are approaching retirement and do not know whether their current path is financially sustainable, or maybe they have a complicated equity compensation problem to sort through. What have you not done, but have always wanted to do?)

Clients 197

Clients Financial Planning Financial Advisor Retirement 197

Carson Wealth

APRIL 19, 2024

It may seem daunting at first, but with the right approach you can set yourself up for financial success. Now that you understand the basics of the 50/20/30 budget rule, let’s delve into how you can apply it to your own financial situation. A good rule of thumb in your early 20s is to put at least 10% into these accounts.

Budgeting 143

Budgeting Retirement Strategic Planning Accounting 143

Abnormal Returns

SEPTEMBER 7, 2022

bloomberg.com) Student loan forgiveness is a good time to revisit your financial plan. morningstar.com) Investing You don't need to buy individual stocks to meet your financial goals. youngmoney.co) Be clear what you need when you seek out financial help. humbledollar.com) A key to financial success is flexibility.

Retirement 241

Retirement Financial Planning Assets Investing 241

Abnormal Returns

OCTOBER 23, 2023

(wsj.com) Economy Claudia Sahm, "The Fed is wrestling with the question of how good is ‘too good’ when it comes to economic growth." households are in good shape and still everyone is miserable. bonddad.blogspot.com) Earlier on Abnormal Returns Adviser links: a diversity of goals. stayathomemacro.substack.com) U.S.

Financial Advising 182

Financial Advising Startup Banking Media 182

Nerd's Eye View

OCTOBER 20, 2022

And though clients may mean well, making changes to investments based on political events is often not a good idea for the long-term health of their financial plans, as well-designed portfolios are designed to safeguard against market turbulence that might result from those events. Read More.

Portfolio 190

Portfolio Clients Financial Planning Communication 190

Nerd's Eye View

NOVEMBER 27, 2023

One of the main goals of financial advisors who market themselves is to build a foundation of trust with their prospective clients so that they feel comfortable in discussing often-sensitive financial topics and ultimately acting on the advisor's recommendations.

Distribution 191

Distribution Financial Advice Clients Financial Advisor 191

The Big Picture

AUGUST 8, 2023

percent annually since the global financial crisis in 2008. New York Times ) • ‘Psychology of Money’ Author Morgan Housel on the Secret to Good Investing : “I’m not an investor. . New York Times ) • ‘Psychology of Money’ Author Morgan Housel on the Secret to Good Investing : “I’m not an investor.

Economy 244

Economy Financial Advisor Investing Investments 244

Nerd's Eye View

APRIL 28, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" — this week’s edition kicks off with the news that following previous guidance regarding obligations under Regulation Best Interest (Reg BI) regarding account recommendations and conflicts of interest, the SEC released a new bulletin this week focusing on the duty (..)

Financial Planner 190

Financial Planner Certification Retirement Planning Retirement 190

The Big Picture

OCTOBER 14, 2022

Check out the BAML chart above: Core goods are coming down ( that’s good! ), but core services are still rising ( that’s bad! ). Rent is nearly half of CPI (and most of the services portion), so consider alternative measures of rent — they show it’s not as hot as officially reported ( which is good!

Risk Tolerance 333

Risk Tolerance Sales Marketing Marketing 333

Million Dollar Round Table (MDRT)

APRIL 25, 2024

By Bryce Sanders It is easy to think the financial services industry is engaged in a race to the bottom when there are ads telling people they can trade stocks “for free.” Many people — especially those who are quality clients — are willing to pay more for a trusted financial advisor they can build an enduring relationship with.

Risk Tolerance 75

Risk Tolerance Financial Advisor Asset Allocation Advertising 75

Nerd's Eye View

OCTOBER 3, 2023

Welcome back to the 353rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Brett Danko. Read More.

Certified Financial Planner 235

Certified Financial Planner CFP Education Financial Advisor 235

Abnormal Returns

MAY 24, 2023

morningstar.com) Peter Lazaroff talks with Carl Richards about what 'real' financial planning means. wsj.com) Goal setting What does success look like for you, and do you really want it? ofdollarsanddata.com) 14 financial milestones worth celebrating including 'Paying off your mortgage.' It can’t solve life problems.”

Distribution 206

Distribution Education Financial Planning Retirement 206

Abnormal Returns

OCTOBER 24, 2023

morningstar.com) Is gold a good investment? abnormalreturns.com) Adviser links: a diversity of goals. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? (ft.com) The markets are not expecting further Fed rate hikes. etf.com) Grayscale is teaming up with FTSE Russell on crypto indices.

Financial Advising 233

Financial Advising Economy Media Numbers 233

Darrow Wealth Management

APRIL 15, 2024

As more workers consider the growing appeal of semi-retirement, some ask — is working part-time in retirement a good idea? Phasing into retirement with semi-retirement Stepping into retirement with a phased approach can appeal to investors with a wide range of goals. From a non-financial standpoint, semi-retirement has a lot to offer.

Retirement 90

Retirement Retirement Planning Insurance Medical 90

Your Richest Life

MAY 31, 2023

As we approach the summer, it can be difficult to stay on track with your financial goals. It’s been several months since you made your goals for the year, so it might be time to get reacquainted with them. The good news is that summer is the perfect time to assess where you’re at, and make a plan for the rest of the year.

Budgeting 105

Budgeting Retirement Financial Planner Insurance 105

The Big Picture

NOVEMBER 15, 2023

Following the presentation I gave on navigating financial disasters , I spoke with Jeff Hirsch of Stock Traders Almanac ( video here ). Manage all of the above toward your financial goals and plan. and it stops you from messing with your primary portfolio. ~~~ Good investing is boring. We all are! –

Investing 343

Investing Investments Portfolio Economics 343

Clever Girl Finance

MARCH 19, 2024

Learning how to make a money vision board can be incredibly helpful for financial management. When it comes to goals, the adage rings true: “Out of sight, out of mind.” ” But if you take the time to create a vision board, you’ll constantly be reminded of your goals. What is a vision board?

Retirement 79

Retirement Budgeting Accounting Planning 79

MainStreet Financial Planning

DECEMBER 20, 2023

Review these 3 Financial Tips before December 31 st The end of the year is a time when many of us reevaluate our life, habits, and goals and do a “reset” for the new year. Beef up your emergency fund – A good rule of thumb is to have between 3-6 months’ worth of expenses set aside in a high-yield savings account.

Risk Tolerance 79

Risk Tolerance Budgeting Asset Allocation Portfolio 79

Nerd's Eye View

JANUARY 8, 2024

For instance, the financial advice industry has seen many changes to regulations (for both advisors and their clients), advisor business models, and the advisor technology landscape. The changing patterns in how financial advice is delivered can be compared to the similar trends seen in the evolution of medicine.

Financial Advice 182

Financial Advice Medicine Financial Planning Estate Planning 182

Integrity Financial Planning

DECEMBER 8, 2023

Financial planning is a crucial aspect of leading a balanced and comfortable life. It can also help you reach your retirement savings goals and get a better idea of what your retirement expenses might look like. Take a Vacation One of the most rewarding ways to celebrate good financial planning is by taking a vacation.

Financial Planning 93

Financial Planning Retirement Planning Budgeting 93

Nerd's Eye View

MARCH 21, 2023

Welcome back to the 325th episode of the Financial Advisor Success Podcast ! Brenda is a financial planner with Objective Financial Partners, an advice-only advisory firm based in Ontario, Canada, that works with clients on project-based financial plans, and also offers outsourced paraplanning to other Canadian advisory firms.

Financial Advice 246

Financial Advice Insurance Financial Advisor Financial Planning 246

Nerd's Eye View

DECEMBER 16, 2022

Also in industry news this week: While the FPA is going full steam ahead on its federal and state lobbying efforts to regulate the title “financial planner”, CFP Board is more focused on increasing recognition of the CFP marks. How individuals can best harness their willpower to achieve their biggest goals. Read More.

Financial Planner 231

Financial Planner CFP Financial Advisor Retirement Planning 231

Integrity Financial Planning

NOVEMBER 28, 2023

Working with a financial advisor is a big deal. In the same way a good doctor may know key aspects of your personal health, a good financial advisor will know the crucial aspects of your financial situation–all to help you improve your financial health and retirement longevity.

Financial Advisor 82

Financial Advisor Financial Planning Retirement Planning 82

Clever Girl Finance

APRIL 11, 2024

So many of us enjoy talking and dreaming about our goals, but achieving them is another issue. It’s exciting to think about the possibilities of what can happen when we accomplish new goals, but unfortunately, lots of us give up or don’t even get started. What is the first step towards achieving a goal? Let’s get into it!

Retirement 79

Retirement Planning Accounting Budgeting 79

Nerd's Eye View

SEPTEMBER 18, 2023

Will they actually get to spend any more time working with clients, as was the original goal? And to some extent, the needs of the first hire will vary depending on what the advisor themselves is good at doing (e.g., What type(s) of employee should they hire? Read More.

Financial Planner 229

Financial Planner Clients Planning Financial Planning 229

Good Financial Cents

APRIL 24, 2023

“People with clear, written goals, accomplish far more in a shorter period of time than people without them could ever imagine.” 10x Your Goals >>>Grab Your Worksheet Here Each quarter, I spend a full day with other like-minded entrepreneurs in a classroom-like setting, going over the material for that day. And another.

Wealth Management 111

Wealth Management Clients Management Certification 111

Walkner Condon Financial Advisors

APRIL 26, 2024

The good news is that as an engaged or recently married couple, you and your partner are in a perfect place to talk about how to handle your money as you begin your life together. Priorities can be viewed as smaller financial commitments that you account for on an ongoing basis.

Accounting 52

Accounting Retirement Financial Advisor Budgeting 52

Integrity Financial Planning

JUNE 27, 2023

In today’s fast-paced world, ensuring financial stability for future generations can be a daunting task. However, it is a common goal for retirees to create and maintain generational wealth in retirement. What better way to leave a legacy than to provide financial security?

Retirement 98

Retirement Healthcare Financial Planning Estate Planning 98

Carson Wealth

APRIL 25, 2024

And while experiencing one of these major events can drastically impact your life, having an effective financial plan can help ensure that it doesn’t ruin your financial well-being. What Do You Need in Your Financial Plan? Your financial plan should be customized to your own unique needs. Let’s break each one down.

Financial Planning 52

Financial Planning Planning Retirement Insurance Coverage 52

Gen Y Planning

DECEMBER 4, 2023

Everyone rattles off ideas about different resolutions you can set, how to automate your way to your goals, or different “hacks” to help you double the size of your bank account and retire by 45. Here’s the good news: If you’ve been steadily working toward your goals for years, you likely don’t need a total overhaul of your finances.

Planning 64

Planning Accounting Retirement Banking 64

Clever Girl Finance

MARCH 9, 2024

At its core, budgeting involves three fundamental steps: defining our financial goals , tracking our expenses, and creating a system that aligns with our objectives. Here’s a little more about each of these: Define your financial goals As we begin our journey, defining and clarifying financial goals is essential.

Budgeting 75

Budgeting Accounting Planning Transportation 75

Good Financial Cents

APRIL 25, 2023

One would think that short-term goals are pretty easy to accomplish. Short-term goals can be easily put off for a plethora of reasons. When it comes down to getting short-term goals done, including short-term financial goals, one must implement some strategies to stay on task and on schedule. What Are Smart Goals?

Budgeting 96

Budgeting Insurance Estate Planning Accounting 96

Million Dollar Round Table (MDRT)

OCTOBER 17, 2023

By Corey Williams I used to create my annual goals in January, but it always felt like it was the end of January before I was kicking into it. So, I pulled my annual goals back from doing them in January to December, but it still felt like I was lagging in the new year. Now, I plan my goals in October or November for the upcoming year.

Compliance 93

Compliance Portfolio Planning Investing 93

Integrity Financial Planning

DECEMBER 18, 2023

One crucial aspect that you should financially monitor is the common financial stumbling block encountered when shifting to a retirement lifestyle. They can assist in keeping you on track and offer tailor-made guidance to ensure you’re moving towards your intended goal.

Retirement 97

Retirement Retirement Planning Planning Financial Planning 97

Clever Girl Finance

MAY 2, 2023

Without short-term savings goals, it can be difficult to move the needle toward a brighter financial future. That said, short-term savings goals can help you to create a plan for your money and help you avoid procrastination. Let’s explore more about what these goals are, why you should set them, and how to reach them.

Budgeting 72

Budgeting Medicine Planning Certification 72

Million Dollar Round Table (MDRT)

MARCH 10, 2024

Dipp Metzger, CFP, MSFS In working with the affluent — clients with a net worth between $5 million to $250 million — I’ve found they value simplicity, especially when they have complex financial planning issues. This allows clients to see if their financial plans align with their goals and match what they want done for their families.

Clients 84

Clients Financial Planning CFP Planning 84