Abnormal Returns

JULY 3, 2023

kitces.com) Estate planning Four things to consider in anticipation of 2026. financial-planning.com) Wealth.com's Ester will help you read estate planning documents. riabiz.com) Why advisers need to step up their recruitment game. riaintel.com) Why you should flip your plan presentation meetings on their head.

Estate Planning 180

Estate Planning Wealth Management Recruitment Startup 180

Nerd's Eye View

APRIL 12, 2024

Also in industry news this week: A recent study indicates that advisors charging clients on a monthly subscription basis hiked their fees by an average of 6% in 2023, raising the salience of how advisors can most effectively communicate fee increases to clients A survey suggests that while financial advisors are increasingly aware of Artificial Intelligence (..)

Financial Planner 205

Financial Planner Recruitment Insurance Financial Advisor 205

Nerd's Eye View

NOVEMBER 14, 2022

And as the associate gains experience and trust among existing clients, they can gradually take over some of the lead roles themselves, to be supported by new associate advisors of their own – thus allowing the firm to transition its clients from the founder to the next generation of advisors.

Recruitment 170

Recruitment Clients Commission Financial Advisor 170

Abnormal Returns

NOVEMBER 21, 2022

Podcasts Jeff Ptak and Christine Benz talk with Feraud Calixte who is the founder and lead financial planner of Vantage Pointe Planning. riabiz.com) CI Financial ($CIXX) is planning to spin-off its U.S. wsj.com) Advisers How to recruit, train and retain next generation advisers. unit debt-free in 2023.

Asset Allocation 144

Asset Allocation Financial Planner Recruitment Financial Advising 144

Nerd's Eye View

DECEMBER 9, 2022

Also in industry news this week: A recent survey indicates that retirement plan sponsors currently using financial advisors to support their plan are overwhelmingly satisfied with the service they receive, which also leads to improved retirement savings for their employees.

Financial Planner 201

Financial Planner Recruitment Retirement Planning Retirement 201

Nerd's Eye View

JUNE 30, 2023

Also in industry news this week: Concerned about the (insufficient) frequency of its examinations of RIAs, an SEC committee has recommended that the regulator allow third parties to conduct these examinations and to request Congressional authorization to charge investment advisers under its purview a ‘user fee’ that would provide steady (..)

Financial Planner 231

Financial Planner Fee Only Commission Retirement Planning 231

Robert B. Ritter Jr.

MARCH 28, 2022

(Click here for Blog Archive)(Click here for Blog Index) (Presentations in this Blog were created using the InsMark Loan-Based Split Dollar System) Editor’s Note: This blog presents a sizzling loan-based split-dollar plan. This executive benefit will be difficult to justify if interest rates increase considerably.

Recruitment 40

Recruitment Taxes Financial Services Planning 40

Nerd's Eye View

MAY 16, 2023

Jim is the Co-Founder and CEO of Dew Wealth Management, an independent RIA based in Scottsdale, AZ, that provides virtual-family-office-style financial planning on a monthly retainer basis for 150 small-business owner entrepreneurs. My guest on today's podcast is Jim Dew.

Valuation 211

Valuation Financial Advisor Financial Planning Recruitment 211

MarketWatch

MARCH 14, 2023

META plans to lay off 10,000 more employees as it focuses on “efficiency” and cost cutting. With less hiring, I’ve made the difficult decision to further reduce the size of our recruiting team,” Chief Executive Mark Zuckerberg said Tuesday. After restructuring, we plan to lift hiring and transfer freezes in each group,” he noted.

Recruitment 76

Recruitment Commission Planning Marketing 76

Diamond Consultants

APRIL 16, 2024

Providing a succession plan whereby the clients can continue to be serviced with little to no interruption or friction. Pros: This allows an advisor to walk the “path of least resistance” in the same way as an advisor who has a built-in succession plan. Also, it requires the least amount of planning or work in advance.

Recruitment 52

Recruitment Retirement Clients Planning 52

NAIFA Advisor Today

OCTOBER 6, 2023

He has earned several impressive designations, including Chartered Life Underwriter (CLU), Chartered Financial Consultant (ChFC), Chartered Retirement Planning Counselor (CRPC), Life Underwriter Training Council Fellow (LUTCF), LACP, and CLTC.

Financial Services 52

Financial Services Certified Financial Planner Financial Planner Recruitment 52

James Hendries

JUNE 18, 2023

Richer matching contributions can help employers gain a competitive edge Employer-sponsored retirement plans, such as 401(k) or 403(b) plans, have become an essential part of the benefits package offered by companies to attract and retain employees. Offering a generous employer match for retirement savings plans is one such strategy.

Recruitment 52

Recruitment Retirement Retirement Planning Planning 52

MarketWatch

MARCH 6, 2023

In a blog post, co-founders and co-Chief Executives Mike Cannon-Brookes and Scott Farquhar said that the cuts will be focused on recruiting, program management and research, and that savings will be reinvested in other areas of the company.

Recruitment 52

Recruitment Planning Commission Distribution 52

Million Dollar Round Table (MDRT)

JANUARY 14, 2024

Each of those salespeople has one-on-one meetings with me to set up their own planning for the year with my observations and maybe some best practices they can focus on. I’m incorporating my trips, my planning and all my continuing education as well as client reviews. I have a team of 15 people, including 10 salespeople.

Recruitment 77

Recruitment Education Clients Planning 77

Nerd's Eye View

SEPTEMBER 13, 2022

Vest and Financial Network to improve upon or outright establish new advisory platforms within their existing brokerage businesses, and how in three short years, Carolyn built a new training and development platform for LPL’s largest advisors – helping them recruit and retain advisors, create better compensation packages, and even build (..)

Financial Advisor 170

Financial Advisor Financial Services Ethics Recruitment 170

Nerd's Eye View

JANUARY 17, 2023

What's unique about Matt, though, is how he and his wife have translated the years of hands-on support they’ve provided to independent advisory firms to improve their operations, tech stack, and overall scalability, into creating an entire community for the industry’s Chief Operating Officers – aptly dubbed as PFI’s “COO (..)

Consulting 130

Consulting Recruitment Financial Advisor Financial Planning 130

Nerd's Eye View

JANUARY 31, 2023

In this episode, we talk in-depth about how Ali and her firm serve their ultra-high-net-worth families with client relationship teams of wealth planning, investing, and client service, to delve into the full depth of their financial complexities while delivering a ‘white glove’ service, how Waldron instituted an in-depth upfront financial (..)

Retail 208

Retail Clients Financial Advisor Recruitment 208

The Big Picture

JUNE 29, 2023

( Musings on Markets ) • For Trend-Setting Family Offices—and Those Following Their Lead—Timing Is Key : Investors are sensing a regime shift in the market but capturing it will take careful planning. Chief Investment Officer ) • Carry That Weight : There’s a problem with transporting new vehicles across the country: They’re too heavy.

Recruitment 130

Recruitment Transportation Valuation Consulting 130

International College of Financial Planning

DECEMBER 23, 2023

These professionals work independently or under the umbrella of financial institutions and are specialized in guiding clients through the intricacies of financial planning and investments. Their compensation often comes from (1) commissions on transactions based on advice provided or (2) fees for financial plan construction.

Financial Advisor 52

Financial Advisor Certified Financial Planner Certification Financial Planner 52

Nerd's Eye View

SEPTEMBER 28, 2022

In this episode, we talk in-depth about how Joe has witnessed firsthand as an advisory firm owner, and now a partner at a leading global investment management firm, how the financial services industry is evolving in real time as more banks and brokerage firms are truly adopting financial planning and implementing advisory services at national scale (..)

Financial Advisor 130

Financial Advisor Executive Compensation Wealth Management Recruitment 130

Diamond Consultants

AUGUST 23, 2023

Advisors see capital as being diverted from providing necessary support to the existing advisor community in favor of growth via recruiting. A training program facilitates the development of a next gen critical to advisor succession planning and communicates a commitment to the future.

Recruitment 52

Recruitment Wealth Management Clients Communication 52

Nerd's Eye View

MARCH 19, 2024

And be certain to listen to the end, where Meredith shares how she struggled in knowing how to really run an advisory practice like a business due to a lack of mentors around her (and is now much more mindful of the types of fellow advisor business owners she surrounds herself with), why Meredith still feels like her practice is in a "chasm of potential (..)

Financial Advisor 177

Financial Advisor Recruitment Clients Assets 177

Diamond Consultants

OCTOBER 10, 2023

However, these advisors are simultaneously forgoing massive recruitment bonuses from competing firms and a less labor-intensive transition process. But without growth, it will take many years to offset the “bird in the hand” of a lucrative up-front and back-ended recruitment package.

Math 52

Math Recruitment Consulting Estate Planning 52

Nerd's Eye View

APRIL 4, 2023

In this episode, we talk in-depth about how Marc developed and implemented his unique marketing strategy of writing parody commercials that feature a satirical sales-centric advisory firm, Bear Brothers Financial, and how he got mentally comfortable taking such a non-traditional approach to trying to stand out in his marketing, how Marc has sought (..)

Financial Advisor 130

Financial Advisor Marketing Marketing Recruitment 130

Million Dollar Round Table (MDRT)

OCTOBER 9, 2022

These have helped me gain the trust of new clients and new recruits for my team. My posts here are more related to my financial planning work to gain greater traction. Yet, I’ve made great strides in this area. I don’t produce YouTube videos or TikTok content, but I do a few key things that anyone can do. Authenticity is key.

Media 87

Media Ethics Recruitment Marketing 87

Ballast Advisors

NOVEMBER 29, 2022

It’s common for businesses to court talented executives with a variety of perks, including signing bonuses, stock options, and nonqualified deferred compensation plans to supplement regular pensions and retirement savings. For example, one could assume that, after one year, any marketing plan would be less useful to a competitor.

Recruitment 40

Recruitment Compensation Planning Clients Retirement 40

Diamond Consultants

DECEMBER 19, 2023

This is Diamond Consultants’ annual endeavor to set the record straight: What are the most common “myths” that can stall an advisor’s plans to realize their full potential? Recruiters have been saying for years that deals are at an all-time high, so I’ll never miss the boat.” There is nothing new and exciting out there.”

Recruitment 52

Recruitment Wealth Management Compliance Clients 52

Diamond Consultants

MARCH 13, 2024

The deep pockets of the firms enable them to pay recruiting bonuses at the top of the market. While firms like Rockefeller and RBC Wealth Management can compete, if the wirehouses remain in the recruitment game and keep the checkbooks open, advisors looking to monetize in a transition will continue to look to this segment.

Recruitment 52

Recruitment Wealth Management Retirement Clients 52

The Big Picture

SEPTEMBER 28, 2022

. • Long days, long weekends: the four-day week takes off in US schools : The shorter school week is increasingly popular for rural school districts trying to recruit teachers. But what does it mean for students and families? ( The Guardian ). The Guardian ) see also Nice Democracy You’ve Got Here.

Recruitment 164

Recruitment Investing Investments Marketing 164

MarketWatch

FEBRUARY 6, 2023

Cedar Fair LP FUN said Monday it will host a recruiting event at its parks in the U.S. The Sandusky, Ohio, company said it’s planning the largest job fair in its history with positions available for ride operators, food and beverage, lifeguards and aquatics security. and Canada on Feb. Cedar Fair stock is up 6.6%

Recruitment 40

Recruitment Food Planning Marketing 40

Abnormal Returns

OCTOBER 29, 2022

(theatlantic.com) College On campus recruiting is robust this year. abnormalreturns.com) Podcast links: planning a podcast. wsj.com) Why the drop in community college enrollment is so troubling. washingtonpost.com) Some colleges are building affordable housing for workers.

Recruitment 130

Recruitment Food Financial Advising Transportation 130

XY Planning Network

SEPTEMBER 26, 2022

While there is no bulletproof solution to the new area of recruitment, there are key tips and best practices that can help you make a new hire. New expectations regarding the workplace and its benefits make finding and retaining talent a full-time job in and of itself. Let this blog serve as your guide.

Recruitment 77

Recruitment Fee Only Marketing Marketing 77

Nerd's Eye View

MARCH 7, 2023

What's unique about Yonhee, though, is how, through her nearly 4 decades with JMG Financial Group, Yonhee has been a part of not only the firm’s succession plan to its second generation of owners but now to its third generation of leaders… and along the way, has personally recruited, trained, and retained the majority of the firm’s (..)

Financial Advisor 130

Financial Advisor Recruitment Clients Financial Services 130

MarketWatch

APRIL 19, 2023

As Andy (Jassy, CEO) shared a few weeks ago, throughout the 2023 planning process, we’ve been scrupulously prioritizing resources with an eye toward maximizing benefits to customers and the long-term health of our business,” Kotas wrote. It’s uncertain how many people will be affected. The stock was down 1.2%

Advertising 40

Advertising Recruitment Retail Planning 40

Trade Brains

NOVEMBER 26, 2023

The acquisition of Celfinet strengthens the Company’s position as a technology partner with the world’s leading Communication Services Providers (CSP) with end-to-end network planning in the rollout of 5G. The Company began operations on May 1st, 1995 with the launch of its classified recruitment business Naukri.com. Market Cap (Cr.)

Recruitment 102

Recruitment Startup Engineering Education 102

Sara Grillo

OCTOBER 21, 2022

For Jonathan Grannick, his first job as a financial paraplanner he found on the University of Georgia student Financial Planning Association listserv. He cold called over 500 financial planning companies over a year or so to get to a full book of clients. What designations does a paraplanner usually have?

Insurance 98

Insurance Fee Only Financial Planner Financial Advisor 98

Harness Wealth

AUGUST 31, 2023

Adding any new team member is a major decision that will require careful financial planning and a complete understanding of the specific tasks you need to be covered. This document should not be considered tax, legal or financial planning advice. It is provided for information purposes only.

Taxes 59

Taxes Recruitment Accounting Budgeting 59