Carson Wealth

SEPTEMBER 27, 2023

Let’s look in more detail at the different ways to use life insurance. 3 If you’re concerned about an estate tax burdening your heirs, you can use life insurance to provide cash to your beneficiaries to help offset the costs. But life insurance can benefit your financial planning in many other ways. million ($25.84

Estate Planning 96

Estate Planning Insurance Planning Taxes 96

Carson Wealth

NOVEMBER 29, 2023

Seven out of 10 people will eventually require long-term care in their lifetime. Let’s talk about the importance of long-term care insurance, why you might need it, go over the different types of long-term care and what to expect when going through the application process. What Is Long-Term Care Insurance?

Planning 143

Planning Insurance Assets Financial Advisor 143

Nerd's Eye View

MAY 30, 2023

Welcome back to the 335th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Tim Wyman. Tim is a Managing Partner for the Center for Financial Planning, a hybrid advisory firm based in Southfield, Michigan, that oversees $1.5 billion in assets under management for 1,000 client households.

Financial Advisor 238

Financial Advisor Financial Planning Clients Planning 238

Investment Writing

APRIL 16, 2024

Once you define an abbreviation, should you skip the spelled-out term? Once you’ve introduced GDP as the abbreviation for gross domestic product, should you only use GDP in your articles or other publications? I also lean toward defining an abbreviation once and then using only the abbreviation. Yes, you should.

Wealth Management 52

Wealth Management Clients Investing Investments 52

Clever Girl Finance

MAY 15, 2024

Table of contents Benefits of life insurance Disadvantages of life insurance Expert tip: Consider term life insurance at the minimum How life insurance works Do I need life insurance? What happens when the breadwinner of a family of four suddenly passes away in an unexpected heart attack? Why shouldn’t I delay getting life insurance?

Insurance 52

Insurance Budgeting Taxes Insurance Coverage 52

The Big Picture

JANUARY 14, 2023

An analysis of 112 businesses offered deals on seasons 8 through 13 of the show reveals that roughly half those deals never close and another 15% end up with different terms once the cameras are turned off. How Police Actually Cracked the Idaho Killings Case : Investigators used forensic genealogy to zero in on suspect Bryan Kohberger.

Engineering 266

Engineering Distribution Food Media 266

Carson Wealth

APRIL 19, 2024

Step 4: Reserve 30% for Lifestyle Choices With the essentials covered and savings underway, you can use the remaining 30% of your income for discretionary spending. You’ve worked hard to earn your degree, and now you’re ready to embark on the next chapter of your life. Also, don’t forget to include your student loan payments!

Budgeting 143

Budgeting Retirement Strategic Planning Accounting 143

Integrity Financial Planning

AUGUST 21, 2022

Even though you’re a long time away from needing long-term care, now is the time to plan. An estimated 70% of Americans currently age 65 will need long-term care at some point, and costs can be staggering. An estimated 70% of Americans currently age 65 will need long-term care at some point, and costs can be staggering.

Insurance 98

Insurance Retirement Planning Planning Financial Planning 98

Million Dollar Round Table (MDRT)

APRIL 27, 2023

By Matt Pais, MDRT Content Specialist There are many strategies MDRT members use to reach Top of the Table-level production, and some are simply a matter of small adjustments in perspective. Goulet, TEP, CFSB , a 27-year MDRT member from Calgary, Alberta, Canada, recommends these two ways to elevate your practice.

Management 87

Management 87

Integrity Financial Planning

FEBRUARY 10, 2023

3] One in four adults in the US said that their parents did not provide them with money lessons when they were children, which shows how little we talk with our kids about money and how to manage it. [4] 6] Trusts are useful because they can provide tax advantages and financial protections for your money. [7]

Estate Planning 95

Estate Planning Communication Education Financial Planning 95

NAIFA Advisor Today

DECEMBER 8, 2022

Chris Bor , LUTCF, CLU, ChFC, a loyal NAIFA member since 1998 and Immediate Past President of NAIFA-WA , testified at a hearing of the Washington State Senate Business, Financial Services & Trade Committee on the use of life insurance, annuities, and policy riders in long-term care planning.

Insurance 52

Insurance Financial Services Planning 52

Carson Wealth

JANUARY 22, 2024

In fact, at their December meeting, Fed members projected three cuts (each worth 0.25%) in 2024. Fed members expect just 0.75% worth of cuts this year, based on a core PCE projection of 2.4%. Fed members expect just 0.75% worth of cuts this year, based on a core PCE projection of 2.4%. Aggregate Index in 2024.

Marketing 97

Marketing Marketing Economy Portfolio 97

Good Financial Cents

MARCH 30, 2023

How a Family Trust Functions A family trust is a legally binding document that covers an individual’s assets during one’s lifetime and specifies the terms of dispersing those assets after one’s death or incapacity. The trustee can be a family member, close family friend or even a financial institution (think bank for brokerage firm).

Estate Planning 111

Estate Planning Taxes Assets Distribution 111

eMoney Advisor

JUNE 8, 2023

1 #1 Adding Pronouns to the Onboarding Process Developing a systematic way of asking about and using a person’s chosen name and pronouns as early as the first prospect meeting can set the tone for a thoughtful, personalized client experience. For advisor and LGBTQ+ ally Woody Derricks, CFP®, ADPA®, this is a commonsense approach. “It’s

CFP 85

CFP Financial Planning Clients Financial Planner 85

Carson Wealth

SEPTEMBER 7, 2023

By Matt Lewis, CLTC ® Life insurance is one of the most versatile financial assets available to us. Life insurance typically falls into three main types: term, universal and whole. Coverage expires at the end of the term, and there is no cash value accumulation. We can help you find the best possible solution.

Insurance 88

Insurance Insurance Coverage Taxes Accounting 88

Steve Sanduski

FEBRUARY 13, 2024

In a Nutshell: Many advisors think about tech and marketing in terms of “more”: more reach, more productivity, more clients, more AUM. How Benjamin uses content creation and stand-up comedy to “be a student of the game” and improve his communication skills.

Certified Financial Planner 52

Certified Financial Planner Financial Planner Fee Only Clients 52

Nerd's Eye View

NOVEMBER 14, 2022

In the not-so-distant past, the typical career path toward becoming a financial advisor was to build up a book of business on one’s own, often by either tapping into one’s own personal networks or cold-calling prospective clients in bulk to generate enough business to gain a foothold.

Recruitment 159

Recruitment Clients Commission Financial Advisor 159

Nationwide Financial

FEBRUARY 14, 2023

Key Takeaways Underrepresentation of minority financial professionals has long been a challenge in the industry. According to a Nationwide Retirement Institute® Diverse Markets White Paper, decades of research show that Black consumers tend to express higher levels of generalized distrust than whites.

Financial Services 98

Financial Services CFP Certified Financial Planner Certification 98

Good Financial Cents

FEBRUARY 12, 2024

Teach Them Credit-Building Basics Make sure your student knows the basic cornerstones of credit building, including the factors that are used to determine credit scores. Obviously, this move works best when you have excellent credit and a strong history of on-time payments and you plan to continue using credit responsibly.

Accounting 99

Accounting Banking License Education 99

eMoney Advisor

JANUARY 12, 2023

If you’ve resolved to add more meaning to your work in 2023 using your skills as a financial planner, you’ve come to the right place. Volunteers say: “I have had a wonderful experience doing VITA—preparing income taxes for mid- and low-income members of my community. Why volunteer? Foundation for Financial Planning.

Financial Planning 107

Financial Planning Planning Financial Planner CFP 107

Brown Advisory

SEPTEMBER 6, 2022

Increasingly, investment committee members are exploring mission-aligned investing for the organizations they serve. Whether an investment committee is starting from scratch or already has a mission-aligned investing program well underway, its investment policy statement (IPS) should clearly define long-term strategic goals.

Government 98

Government Investing Investments Portfolio 98

Nationwide Financial

MARCH 6, 2023

Volatility leads to lifestyle and financial planning changes Considering these fears and uncertainties, non-retired women are adjusting their approach to saving for retirement, prioritizing long-term safety. Women are more in control of their finances than ever. trillion in annual revenues.

Retirement 95

Retirement Retirement Planning Planning Clients 95

Carson Wealth

DECEMBER 18, 2023

13, was important for two reasons: The Federal Reserve acknowledged that inflation is easing faster than expected, and Fed members will likely start cutting rates in the first half of 2024. A Data-Dependent Fed Bows to the Data Fed members kept policy interest rates unchanged in the 5.25-5.0% Wednesday, Dec.

Marketing 96

Marketing Marketing Economy Investing 96

Carson Wealth

MARCH 29, 2023

Hurdle #1: Long-Term Care The statistics speak for themselves here:Most Americans ages 65 and up will need long-term services at some point. 1 We might not all end up living in a care facility, but many long-term care insurance policies also cover in-home care, which many of us will need at some point.

Retirement 98

Retirement Portfolio Investing Investments 98

Carson Wealth

MARCH 28, 2024

Retirement planning is a journey that generally takes decades to complete and most of us start out along the do-it-yourself path. But at some point, most of us need to graduate from the DIY approach and seek advice from a retirement planning professional. How can you know when you’ve hit that point? Maybe you have a growing family.

Retirement Planning 142

Retirement Planning Retirement Planning Taxes 142

Clever Girl Finance

JANUARY 4, 2024

Life insurance is one of those things that we kind of know we need, but many of us don’t want to deal with getting it right away. Sometimes, it’s hard to even think about because, for many people, the whole idea is just plain scary. What are 3 things life insurance covers? What are 3 things life insurance covers?

Insurance 59

Insurance Retirement Taxes Medical 59

eMoney Advisor

FEBRUARY 22, 2023

The Softer Side of Finance While it may seem easier to use structural solutions to control the transfer of client assets (think trusts, 529 accounts, etc.), The Softer Side of Finance While it may seem easier to use structural solutions to control the transfer of client assets (think trusts, 529 accounts, etc.),

Estate Planning 75

Estate Planning Planning Education Clients 75

Brown Advisory

JULY 19, 2023

Juliet, of the House of Capulet, falls in love with Romeo, a member of the House of Montague, with which the Capulets have a blood feud. While generative AI differs from traditional AI (the former is used to produce new content; the latter is used to simply detect patterns), this important distinction be damned!

Clients 98

Clients Investing Investments Financial Services 98

Inside Information

APRIL 26, 2024

But one of the themes that I’ve been running into over and over again in my reminiscences and storytelling is how often different members of the advisor ecosystem used misinformation (sometimes called lies) to advance their own interests. Examples abound.

Fee Only 40

Fee Only Professional Services Clients Compliance 40

Steve Sanduski

APRIL 22, 2023

Here’s the disappointing news as it relates to the long-term health of the financial advice profession: Industry data clearly shows that the typical advisory firm has 0% revenue growth when you exclude market movement. Co-founder Seth Streeter told me , “Growth to us is synonymous with impact. Mission Wealth , a $5.6

Clients 64

Clients Distribution Assets Financial Advising 64

Integrity Financial Planning

SEPTEMBER 25, 2023

For instance, Waste Management, a private garbage collection company that disposes of trash for clients through long-term contracts, trades at over three times its annual revenue. Codner used Facebook ads to acquire customers at a cost of around $15 each.

Advertising 52

Advertising Financial Planning Valuation Planning 52

Clever Girl Finance

JANUARY 4, 2024

Life insurance is one of those things that we kind of know we need, but many of us don’t want to deal with getting it right away. Sometimes, it’s hard to even think about because, for many people, the whole idea is just plain scary. What are 3 things life insurance covers? What are 3 things life insurance covers?

Insurance 52

Insurance Retirement Taxes Medical 52

WiserAdvisor

APRIL 19, 2024

A financial advisor can offer timely and personalized estate planning advice that can protect your assets and safeguard the financial well-being of your family members in your absence. For example, if you have a child with special needs, you may need to establish a special needs trust that provides for their long-term care.

Estate Planning 59

Estate Planning Planning Distribution Accounting 59

Steve Sanduski

AUGUST 22, 2023

The conversations that Advisor Growth and its members have sparked and the problems they are trying to solve. The conversations that Advisor Growth and its members have sparked and the problems they are trying to solve. Potential long-term effects of a concentration of assets at big firms and the “barbell effect.”

Strategic Planning 52

Strategic Planning Valuation Investment Advisor Communication 52

WiserAdvisor

MARCH 13, 2024

Below are 5 Pillars of retirement planning that should be a part of your retirement plan: Pillar 1: Investment planning Investment planning is one of the most vital pillars of retirement planning, as it offers a roadmap to align your financial resources with your risk appetite and long-term goals. It also minimizes errors and oversights.

Retirement Planning 105

Retirement Planning Retirement Planning Estate Planning 105

Clever Girl Finance

JANUARY 22, 2024

When handled with care and used wisely, receiving a large sum of money provides a great opportunity to improve your financial situation. And use it to benefit your future! Inheritances from family members who pass on. Receiving a sudden financial windfall can come with many mixed emotions. What is a financial windfall?

Management 73

Management Certified Financial Planner Financial Planner Consulting 73

Darrow Wealth Management

OCTOBER 23, 2023

Before deciding what to do with an inherited home, consider all the angles and potential outcomes — particularly if you inherited the house with other family members. Before deciding what to do with an inherited home, consider all the angles and potential outcomes — particularly if you inherited the house with other family members.

Taxes 78

Taxes Distribution Estate Planning Wealth Management 78