Nerd's Eye View

APRIL 9, 2024

Andrew is the Managing Partner of Geometric Wealth Advisors, an RIA based in Washington, D.C., that oversees approximately $750 million in assets under management for about 200 client households. Welcome to the 380th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Andrew Leonard.

Financial Advisor 130

Financial Advisor Consulting Wealth Advisor Clients 130

Nerd's Eye View

MAY 1, 2023

This month's edition kicks off with the news that robo-advisor Betterment entered into a $9M settlement with the SEC for misrepresenting its tax-loss harvesting practices in its client agreements and marketing materials compared with its actual practices (e.g.,

Taxes 195

Taxes Retirement Planning Advertising Retirement 195

Nerd's Eye View

MAY 2, 2023

In this episode, we talk in-depth about why Jake decided to hire an associate and then a lead advisor within the first few years of what was originally intended to be a solo practice because he felt his practice was too completely dependent on him, how Jake and his team implement a 4-meeting financial planning process that includes creating a life (..)

Financial Advisor 227

Financial Advisor Financial Planning Clients Planning 227

Nerd's Eye View

MARCH 26, 2024

Michael is the CEO & Founder of WinCap Financial, an RIA based in Boston, Massachusetts, that oversees $80M in assets under management for 70 client households. My guest on today's podcast is Michael Collins.

Financial Advisor 130

Financial Advisor Clients Wealth Management Communication 130

Nerd's Eye View

FEBRUARY 12, 2024

While there is a plethora of ways that financial advisory firm owners can build and run their practices (from service models to specialties to fee structures and beyond), one of the most complex activities shared by many growing firms are those that involve hiring, training, managing, and retaining employees.

Communication 230

Communication Clients Management Business Planning 230

Nerd's Eye View

OCTOBER 18, 2022

Louis is the Director of WealthUp, an independent advice practice based in Cape Town, South Africa, that oversees the U.S. equivalent of nearly $60 million in assets under management for 115 client households. Welcome back to the 303rd episode of the Financial Advisor Success Podcast !

Financial Planning 130

Financial Planning Planning Management Investing 130

Nerd's Eye View

DECEMBER 9, 2022

Though given that potentially conflicted practices such as ‘payment for order flow’ are a source of revenue for brokers, such regulation could portend a shift back to explicit transaction fees as they seek to maintain their top line. A four-step process that advisors can use to help clients who tend to overspend.

Financial Planner 201

Financial Planner Recruitment Retirement Planning Retirement 201

Nerd's Eye View

SEPTEMBER 7, 2023

A recent McKinsey report surveying growth in the wealth management industry predicted that the struggles of small RIA firms would increase as larger firms continue to grow and overshadow the industry. As while a business grows, there are more employees, clients, and operational logistics that come with growth that the firm must manage.

Clients 203

Clients Wealth Management Communication Financial Planning 203

Nerd's Eye View

JANUARY 17, 2024

While it could be decades before we know those answers, at the moment, professionals across every industry, including financial advice, are working to learn how they can leverage this new and remarkable tool to make their practices more efficient.

Financial Advice 130

Financial Advice Financial Planning Planning Clients 130

Nerd's Eye View

MAY 9, 2023

Liz is the co-owner of Pleasant Wealth, a hybrid advisory firm based in Canton, Ohio that oversees $146 million in assets under management for 522 client households.

Commission 208

Commission Planning Financial Advisor Financial Planning 208

Nerd's Eye View

JULY 12, 2022

Kamila is the CEO and Founder of Collective Wealth Partners, an independent RIA based in Atlanta, Georgia, that oversees nearly $25 million in assets under management for almost 175 client households. My guest on today's podcast is Kamila Elliott.

Financial Advisor 246

Financial Advisor CFP Clients Financial Planning 246

Nerd's Eye View

OCTOBER 3, 2023

Brett is the Founder of Brett Danko Educational Center, a CFP Board Education and Exam Prep provider, and the CEO and Managing Partner for Main Street Financial Solutions, an independent RIA based in Newtown, Pennsylvania, that oversees almost $2 billion in assets under management for nearly 1,700 client households.

Certified Financial Planner 241

Certified Financial Planner CFP Education Financial Advisor 241

Nerd's Eye View

NOVEMBER 14, 2022

But for many experienced advisors (and particularly those whose careers evolved through the older eat-what-you-kill model), integrating an associate advisor into an existing practice can come with its own challenges.

Recruitment 170

Recruitment Clients Commission Financial Advisor 170

Nerd's Eye View

DECEMBER 12, 2023

Christa is the Managing Director of Financial Planning and Business Development at Sebold Capital, a fee-only RIA based in Chicago, Illinois, which manages $300M across more than 100 client households. Welcome back to the 363rd episode of the Financial Advisor Success Podcast!

Financial Advisor 243

Financial Advisor Fee Only Financial Guidance Insurance 243

Nerd's Eye View

DECEMBER 16, 2022

From there, we have several articles on practice management: Why it is important for advisors charging on a fee-for-service basis to regularly reassess their pricing, and best practices for letting current clients know about a fee increase.

Financial Planner 238

Financial Planner CFP Financial Advisor Retirement Planning 238

Nerd's Eye View

DECEMBER 26, 2023

Rob is the CEO and Founder of NorthRock Partners, an RIA based in Minneapolis, Minnesota, that oversees $5 billion in assets under management for 1,500 client households. My guest on today's podcast is Rob Nelson.

Financial Advisor 140

Financial Advisor Clients Assets Insurance 140

Nerd's Eye View

MARCH 19, 2024

Meredith is the Founder & CEO of Artisan Financial Strategies, a hybrid advisory firm based in Alpharetta, Georgia, that oversees $77M in assets under management for 120 client households. My guest on today's podcast is Meredith Moore.

Financial Advisor 177

Financial Advisor Recruitment Clients Assets 177

Nerd's Eye View

NOVEMBER 22, 2023

For all of the myriad ways financial advisors can structure and run their practices, firm owners generally encounter similar stages in the development of their firms.

Compliance 197

Compliance Sales Financial Advisor Financial Planning 197

Nerd's Eye View

FEBRUARY 14, 2023

Jim is the CEO and Founder of Sanctuary Wealth, an RIA platform with 80 partner firms in 29 states that collectively oversee nearly $25 billion in assets under management.

Compliance 130

Compliance Financial Advisor Management Clients 130

Nerd's Eye View

SEPTEMBER 6, 2022

Andy is the owner of Tenon Financial, a virtual independent RIA that oversees $70 million in assets under management for 43 retired client households. My guest on today's podcast is Andy Panko.

Tax Planning 246

Tax Planning Financial Advisor Retirement Financial Planner 246

Nerd's Eye View

APRIL 19, 2023

When an RIA reaches the threshold of $100 million in Regulatory Assets Under Management (RAUM), it must generally switch from being registered at the state level to registering with the SEC. But while $100 million may be the general rule, in practice it isn’t always a hard line. Read More.

Assets 189

Assets Management Investing Investments 189

Nerd's Eye View

MAY 30, 2023

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. Welcome back to the 335th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Tim Wyman.

Financial Advisor 244

Financial Advisor Financial Planning Clients Planning 244

Leading Advisor

AUGUST 14, 2023

How many of these Self-Interruptions are Killing Your Flow concerning improving business planning and effectiveness, practice management, and hiring, all of which will contribute to… The post Are You Killing Your Flow With These Self-Interruptions?

Business Planning 40

Business Planning Planning Management Financial Advisor 40

Nerd's Eye View

NOVEMBER 1, 2022

Mindy is the owner of Creative Money, an independent RIA based in Seattle, Washington, that offers a unique 12-month financial planning engagement – or as Mindy puts it on her homepage, “financial planning that doesn’t suck” – which has allowed her firm to work with nearly 400 client households just this year.

Fee Only 130

Fee Only Clients Financial Planning Financial Advisor 130

Nerd's Eye View

NOVEMBER 18, 2022

From there, we have several articles on tax planning: How advisors can add value for their clients by managing their exposure to mutual fund capital gains distributions. The time management principles that are used by the most successful leaders. How advisors can help their clients turn their HSAs into wealth-building machines.

Financial Planner 197

Financial Planner Tax Planning CFP Taxes 197

Nerd's Eye View

SEPTEMBER 19, 2023

Jessica is the Founder and Principal for Turkey Hill Management, a mergers & acquisitions consulting firm that assists financial advisors with the sale, acquisition, integration, or merger of their firms. My guest on today's podcast is Jessica Polito.

Financial Advisor 167

Financial Advisor Fee Only Sales Wealth Management 167

Nerd's Eye View

APRIL 26, 2023

One of the most intimidating aspects of launching a solo advisory firm is the question of how to manage compliance. Creating a compliance calendar for a solo RIA can help to systematize and manage compliance tasks, requirements and deadlines.

Compliance 237

Compliance Clients Advertising Accounting 237

Nerd's Eye View

MARCH 5, 2024

Rob is the Senior Partner of NWF Advisory, a hybrid firm based in Los Angeles, California, where he oversees nearly $500M in assets under management for 200 client households. My guest on today's podcast is Rob Schultz. Read More.

Clients 130

Clients Financial Advisor Medicine Financial Planner 130

Nerd's Eye View

JULY 5, 2022

Patrick is a Partner and the Director of the Divorce Advisory Group for Ullmann Wealth Partners, an independent RIA based in Jacksonville Beach, Florida, that oversees $800 million in assets under management for 350 client households.

Financial Advisor 202

Financial Advisor Clients Assets Management 202

Nerd's Eye View

APRIL 26, 2023

One of the most intimidating aspects of launching a solo advisory firm is the question of how to manage compliance. Which can be especially helpful for RIA founders who are also their own Chief Compliance Officers, and still have duty to oversee (and document that they are overseeing) themselves.

Compliance 240

Compliance Clients Advertising Accounting 240

Nerd's Eye View

JULY 4, 2023

Melissa is the Founder of Pearl Planning, an independent RIA based in Dexter, Michigan, that oversees more than $175 million in assets under management for 251 client households. My guest on today's podcast is Melissa Joy.

Financial Advisor 215

Financial Advisor CFP Clients Assets 215

Nerd's Eye View

MARCH 13, 2023

However, the reality is that it’s very expensive to build and maintain technology, especially when considering the full range of CRM, portfolio management, financial planning, and more than a dozen other sub-categories of technology that financial advisors use in their firms. broker-dealers, RIA aggregators, TAMPs, etc.)

Compliance 192

Compliance Portfolio Management Planning Financial Advisor 192

Nerd's Eye View

DECEMBER 19, 2023

In this episode, we talk in-depth about how, after Ted went through the challenge of getting multiple offers to sell his firm and struggled to figure out how to compare them, he found that many other advisors were asking him for advice based on his experience and ultimately decided to build a consulting firm to help fellow advisory firms field and (..)

Financial Advisor 189

Financial Advisor Consulting Marketing Marketing 189

Nerd's Eye View

AUGUST 2, 2022

Matthew is the Founder and CIO of Lansing Street Advisors, an independent RIA based in Ambler, Pennsylvania that oversees $160 million in assets under management for 60 client households. My guest on today's podcast is Matthew Topley.

Clients 188

Clients Financial Advisor Financial Planning Portfolio Management 188

Nerd's Eye View

FEBRUARY 19, 2024

At the same time, Morningstar's CEO Kunal Kapoor highlighted that efficiency comes with a greater demand towards personalization, and Orion's new CEO Nataline Wolfsen also spoke of the importance of aligning technology with the human elements of trust, shared values, and personal understanding.

Consulting 187

Consulting Financial Advice Engineering Financial Advisor 187

Nerd's Eye View

JANUARY 10, 2023

Lisa is a Partner and Wealth Advisor for CI Brightworth, an RIA under the CI Financial umbrella with offices in Atlanta, Georgia, and Charlotte, North Carolina, that oversees nearly $5 billion in assets under management * for over 1,500 client households.

Clients 130

Clients CFP Financial Advisor Wealth Advisor 130

Nerd's Eye View

JULY 26, 2022

Amy is the owner of Rooted Planning Group, an independent RIA based in Corning, New York that oversees $67 million in assets under management for 175 client households.

Financial Planner 234

Financial Planner Management Planning Financial Advisor 234