Abnormal Returns

MARCH 4, 2024

Retirement JP Morgan Asset Management's 'Guide to Retirement.' advisorperspectives.com) Practice management Why RIAs need to focus on organic growth. fa-mag.com) Alts Should RIAs recommend funds managed by their PE-backers? thinkadvisor.com) How to track the value of your marketing efforts. flowfp.com)

Recruitment 260

Recruitment Estate Planning Financial Planning Retirement 260

Abnormal Returns

DECEMBER 4, 2023

Ali is a corporate marketing advisor who has seen many sides of the wealth management business. theirrelevantinvestor.com) The lastest in adviser fintech including new CEOs at Tifin and Nitrogen. (investmentnews.com) Everyone seemingly agrees that wealth management needs more women.

Wealth Management 196

Wealth Management Financial Advice Financial Advising Communication 196

Nerd's Eye View

JANUARY 9, 2024

Kimberly is the Lead Financial Planner and Managing Partner of Enders Wealth Management, a hybrid advisory firm based in Sterling Heights, Michigan, that oversees $50M in assets under management for 85 client households. My guest on today's podcast is Kimberly Enders.

Financial Advisor 210

Financial Advisor Financial Planner Clients Food 210

The Big Picture

JANUARY 25, 2023

He points to a research note from Kings College where the authors surveyed active managers about how they were responding to the shift in favor from active to passive fund management over the past decade or two. But they also asked questions about how these managers invested their own monies.

Management 291

Management Investing Investments Financial Market 291

Nerd's Eye View

AUGUST 22, 2023

Cary is the Senior Vice President & Director of Women and Wealth Services for Advisor Capital Management, an independent RIA with offices around the country and headquartered in Charlotte, North Carolina, that oversees more than $6 billion in assets under management for 1,700 client families.

Financial Advisor 187

Financial Advisor Media Sales Clients 187

Abnormal Returns

DECEMBER 19, 2023

Factors Timing returns factors is tempting, but difficult in practice. aqr.com) Why it's so hard to make money betting against the stock market. klementoninvesting.substack.com) Historical performance doesn't really help pick outperforming managers. alphaarchitect.com) The high quality anomaly shows up across asset classes.

Investing 255

Investing Investments Valuation Retail 255

Nerd's Eye View

APRIL 18, 2024

For over a decade, the financial advice industry has been bracing for an "any-minute-now" tsunami of advisor retirements and concomitant sales of financial planning practices. However, while that may be worth a modest discount (say, 5% or so), offering 20%–30% below fair-market value may be unrealistic.

Planning 130

Planning Valuation Sales Financial Advice 130

Abnormal Returns

AUGUST 28, 2023

investmentnews.com) Practice management How choosing an advisory niche makes for better marketing efforts. kitces.com) The SEC is focusing on RIA marketing. thinkadvisor.com) There is no one-size-fits-all for managing a couple's finances. mywealthplanners.com) The CFP Board wants to encourage pro bono planning.

Tax Planning 209

Tax Planning CFP Financial Planning Planning 209

Nerd's Eye View

JULY 10, 2023

Gary Siperstein, Jason's father, had built a successful investment management firm exclusively focused on managing portfolios of small-cap value stocks. Jason's next move was to shift the firm away from pure investment management by incorporating comprehensive financial planning for his clients. Read More.

Financial Planning 237

Financial Planning Retirement Planning Clients 237

Trade Brains

NOVEMBER 17, 2023

Best Stock Market Courses For Indian Market : The stock market is a dynamic environment where businesses raise capital, and individuals seek to grow their wealth. Whether you are a seasoned pro or a curious beginner, the stock market offers an abundance of opportunities. Stock Market Investing Masterclass by FinGrad.

Marketing 59

Marketing Marketing Certification Risk Management 59

Abnormal Returns

MAY 1, 2023

(financialadvisoriq.com) Three United Capital alumni have launched Modern Wealth Management. riabiz.com) First Republic ($FRC) has seen a wealth management staff exodus. financial-planning.com) Practice managment There is a big difference between being a good adviser and managing a RIA. investmentnews.com)

Wealth Management 221

Wealth Management CFP Education Clients 221

Abnormal Returns

JANUARY 30, 2023

Podcasts Daniel Crosby talks with Jamie Hopkins, Managing Partner of Wealth Solutions at Carson Group, about understanding our money stories. standarddeviationspod.com) Michael Kitces talks Jennifer Climo, the CEO and a Senior Advisor for Milestone Financial Planning, about the logistics of merging two practices in just 7 years.

Management 184

Management Nonprofit Financial Planning Communication 184

Nerd's Eye View

OCTOBER 19, 2023

Much of the marketing and practice management advice in the financial advisory space comes back to 1 recommendation: Specialize in a niche. tech employees who need help managing equity compensation options), stage of life (e.g., tech employees who need help managing equity compensation options), stage of life (e.g.,

Clients 191

Clients Financial Advisor Financial Advice Financial Services 191

Nerd's Eye View

FEBRUARY 23, 2024

Which suggests that instead of trying to go head-to-head with these larger firms (and their heftier marketing budgets) in attracting clients, smaller firms might instead demonstrate how they are 'different' by offering a unique service offering tailored to their ideal target clients.

Financial Planner 206

Financial Planner Certification CFP Financial Advice 206

Abnormal Returns

NOVEMBER 27, 2023

Strategy Why market timing is so difficult. ritholtz.com) Diversification is easy in theory, difficult in practice. ft.com) Fund management Transitioning a hedge fund from its founder to the next generation is a tough ask. pictureperfectportfolios.com) Amazon Amazon ($AMZN) is now the biggest private delivery company in the U.S.

Financial Advising 245

Financial Advising Media Economy Banking 245

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 195

Financial Advisor Insurance Coverage Charitable Planning Estate Planning 195

XY Planning Network

OCTOBER 10, 2022

When it comes to being a financial advisor and running your practice, you must wear multiple hats – finance, business development, portfolio management, client relations, marketing, accounting – the list goes on and on. Marketing is just one piece of the puzzle, but it’s an important one. We get it.

Marketing 83

Marketing Marketing Financial Advisor Portfolio Management 83

Nerd's Eye View

NOVEMBER 6, 2023

Welcome to the November 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Compliance 215

Compliance Valuation Financial Advisor Clients 215

Abnormal Returns

MARCH 15, 2024

(rationalreminder.ca) Jim O'Shaughnessy talks with Cedric Chin of Commoncog newsletter fame about finding useful, practical ways to accelerate business expertise. podcasts.apple.com) Finance Patrick O'Shaughnessy talks with Anne-Marie Peterson who is an equity portfolio manager at Capital Group.

Portfolio Management 222

Portfolio Management Portfolio Clients Investing 222

Nerd's Eye View

DECEMBER 25, 2023

Each week in Weekend Reading For Financial Planners, we seek to bring you synopses and commentaries on 12 articles covering news for financial advisors including topics covering technical planning, practice management, advisor marketing, career development, and more.

Financial Advisor 212

Financial Advisor Financial Planner Insurance Clients 212

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 183

Financial Advisor Consulting Marketing Marketing 183

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 189

Taxes Retirement Planning Advertising Retirement 189

Nerd's Eye View

MAY 23, 2023

Meg is the Founder and Lead Financial Planner for Flow Financial Planning, a virtual RIA serving mid-career women in tech that oversees almost $60 million in assets under management for 60 client households.

Clients 230

Clients Financial Advisor Financial Planner Financial Planning 230

Abnormal Returns

SEPTEMBER 11, 2023

rationalreminder.libsyn.com) Michael Kitces talks with Olivia Luper who is the Founder of Lexicon Advisor Marketing. investmentnews.com) Why the global wealth management is a growth business. economist.com) Practice management Scaling a small RIA practice comes with a lot of challenges.

Wealth Management 146

Wealth Management Estate Planning Financial Advice Financial Planning 146

Nerd's Eye View

FEBRUARY 17, 2023

Further, an investment adviser who can make trades on behalf of a client would be deemed to have custody of the client’s assets, which could substantively shift a very sizable portion of the wealth management RIA community under the custody rule, though it remains to be seen whether or what exact custody rule compliance requirements would be (..)

Financial Planner 197

Financial Planner Fiduciary Duty Retirement Planning Compliance 197

Abnormal Returns

OCTOBER 13, 2023

vice.com) Fund management Why impact investing has been a disappointment. abnormalreturns.com) Longform links: an inch-deep pool of self-interest (abnormalreturns.com) The current ETF market provides something for everyone. (macworld.com) Sports gambling Disney ($DIS) wanted no part of sports gambling, now its all in.

Financial Advising 229

Financial Advising Media Management Investing 229

Abnormal Returns

JANUARY 3, 2024

Markets Good years tend to cluster for the stock market. institutionalinvestor.com) An example of how finding a (highly) niche investment strategy works in practice. institutionalinvestor.com) An example of how finding a (highly) niche investment strategy works in practice. biopharmadive.com) The D.E.

Financial Advising 159

Financial Advising Media Economy Investing 159

Cornerstone Financial Advisory

DECEMBER 18, 2023

Weekly Market Insights : Stocks Rally On Fed, Inflation News Markets reacted positively last week to cooler inflation and the idea of potential rate cuts next year, adding to the gains of the market’s year-end rally. The MSCI EAFE index, which tracks developed overseas stock markets, tacked on 2.75%. from a year ago.

Marketing 92

Marketing Marketing Taxes Economics 92

Nerd's Eye View

OCTOBER 30, 2023

Some of these vendor conferences are built to bring out their existing advisor users to get feedback about and share the latest regarding their software, but a growing number of specialized conferences unto themselves have industry-leading content in the particular domain of the vendor's expertise, from Snappy Kraken and Nitrogen's advisor marketing (..)

Financial Advisor 234

Financial Advisor Numbers Budgeting Financial Planning 234

Abnormal Returns

AUGUST 7, 2023

(wiredplanning.com) Meb Faber talks Future Proof and stock market valuation with Ben Carlson and Michael Batnick. institutionalinvestor.com) The biz Affiliated Managers Group ($AMG) is in the business of buying minority RIA stakes. mebfaber.com) 401(k) plans More companies are offering Roth 401(k) options.

Financial Advising 130

Financial Advising Valuation Communication Clients 130

Nerd's Eye View

SEPTEMBER 29, 2023

Also in industry news this week: After experiencing a downturn over the past few quarters, RIA M&A activity ticked higher in the 3rd quarter amid continued interest from sellers and increasing costs for internal succession A recent study shows that housing-related costs are more likely than healthcare spending to cause unexpected spending shocks (..)

Financial Planner 210

Financial Planner Healthcare Investment Planning Clients 210

Abnormal Returns

MAY 22, 2023

(open.spotify.com) Austin, Texas Are you a Texas-based adviser interested working with Ritholtz Wealth Management? riaintel.com) CI Wealth The stock market did not react well to CI Financial's financial engineering. advisorperspectives.com) Direct indexing involves two parts: index construction and portfolio management.

Financial Advising 130

Financial Advising Estate Planning Wealth Management Compliance 130

Abnormal Returns

NOVEMBER 7, 2022

Podcast Michael Kitces talks with Mindy Crary, owner of Creative Money, about making it clear about fiduciary marketing. investmentnews.com) What Goldman Sachs' ($GS) reorganization means for wealth management and Marcus. riabiz.com) Practice management Schwab's 2022 RIA Benchmarking Study is here.

Compliance 262

Compliance Wealth Management Advertising Financial Advice 262

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

NOVEMBER 10, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a Fidelity benchmarking study revealed that both small and large RIAs saw positive organic growth in 2022, helping to mitigate AUM declines resulting from weak market performance.

Financial Planner 163

Financial Planner Commission Numbers Portfolio 163

Cornerstone Financial Advisory

MARCH 18, 2024

Weekly Market Insights: Second Week Of Stock Retreat Presented by Cornerstone Financial Advisory, LLC Stocks fell for the second straight week on inflation concerns despite a report on consumer prices that was initially well received by investors. That performance pattern suggests market leadership may be broadening.

Marketing 85

Marketing Marketing Taxes Economics 85

Nerd's Eye View

MARCH 3, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that amid economic and market headwinds, the pace of RIA M&A activity was slower in January and February compared to the same period last year.

Financial Planner 172

Financial Planner Retirement Clients Economics 172