Nerd's Eye View

SEPTEMBER 13, 2023

In particular, financial advisors who offer ongoing services to clients can focus on 3 key areas that are unique to service-based sales as part of a successful sales strategy.

Financial Planning 235

Financial Planning Sales Planning Financial Advisor 235

Nerd's Eye View

JULY 27, 2023

These firm owners may opt to take a backseat role in running the firm, yet must still entrust client relationships and firm management to their advisors and support team. At the same time, giving employees the opportunity to advance and grow with the firm over the long term (e.g.,

Clients 192

Clients Communication Management Business Planning 192

Wealth Management

APRIL 4, 2024

With a background in managing complex real estate portfolios, David Gottlieb joins Savvy for back-office support and improved services.

Portfolio 115

Portfolio Management 115

Nerd's Eye View

JANUARY 29, 2024

However, another approach advisors can take is to use their technology to do more – and better – work for the same number of clients while earning higher fees for the higher-value services they provide. Read More.

Clients 215

Clients Planning Numbers Financial Advisor 215

Nerd's Eye View

DECEMBER 6, 2023

Over the past several years, the financial services industry has undergone a tremendous evolution in how financial advisers deliver and charge for their services. While commission-based models remain in use, fee-for-service models (including AUM, hourly, retainer, and subscription) have become increasingly popular.

Investing 243

Investing Investments Retirement Planning Financial Advising 243

Nerd's Eye View

JULY 25, 2023

Rita is the Founder and President of Affiliated Advisors, a Super-OSJ with Royal Alliance that provides support to 90 financial advisors and collectively oversees $3.5 Welcome back to the 343rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Rita Robbins. billion in assets under advisement.

Financial Advisor 245

Financial Advisor Compliance Recruitment Insurance 245

Nerd's Eye View

SEPTEMBER 18, 2023

Will they be able to support themselves with the additional overhead cost of their employees? When an advisor runs their own solo advisory firm, their capacity to meet with current and prospective clients is limited to the extent that they are also responsible for all of the non-client-facing tasks of running their firm. Read More.

Financial Planner 237

Financial Planner Clients Planning Financial Planning 237

The Big Picture

FEBRUARY 1, 2023

We are looking for client service associates who can help us continue to grow. We are hiring! Discretionary quarterly profit pool distribution after one year of employment. Want to learn more? See our Linked In job description here. The post We’re Hiring! appeared first on The Big Picture.

Distribution 235

Distribution Clients 235

Nerd's Eye View

MARCH 26, 2024

In this episode, we talk in-depth about how Michael maintains his ongoing $5K/month marketing spend with a process that has an ultimate failure rate of 95% because the financial ROI on the prospects that do close continues to make sense (and he is ultimately not afraid of sorting through the No's to find the right Yes's for WinCap), how Michael supports (..)

Financial Advisor 130

Financial Advisor Clients Wealth Management Communication 130

XY Planning Network

APRIL 22, 2024

Imagine a world where financial advisors can spend less time on tedious tasks and more time delivering personalized, high-value services to their clients. By harnessing AI, advisors can streamline operations, enhance client support, and unlock new growth opportunities.

Wealth Management 84

Wealth Management Financial Advisor Management Clients 84

Nerd's Eye View

OCTOBER 13, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with a new study from Herbers & Company that provides insight into the financial planning services that consumers demand the most, and which services financial advisory firms offer the most often. Read More.

Financial Planner 215

Financial Planner Financial Planning Client Management Clients 215

Nerd's Eye View

OCTOBER 23, 2023

Many financial advisors take pride in the comprehensive nature of the advice they provide to clients and use the variety of services offered as a point of differentiation between themselves and other types of advisors.

Financial Planning 246

Financial Planning Planning Financial Planner Clients 246

Nerd's Eye View

MAY 12, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that a recent study found that clients of advisors providing comprehensive planning services are significantly more satisfied than those receiving a lower tier of service. Read More.

Financial Planner 218

Financial Planner Tax Planning Clients Valuation 218

Nerd's Eye View

MAY 16, 2023

Welcome back to the 333rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jim Dew. 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.

Valuation 211

Valuation Financial Advisor Financial Planning Recruitment 211

Nerd's Eye View

JUNE 29, 2023

And while there are many factors that help owners determine whether their firm is making enough money to profitably sustain itself, one common variable that can help them adjust their net revenue is the fee they charge to clients for financial planning services.

Clients 186

Clients Communication Financial Planning Numbers 186

Nerd's Eye View

DECEMBER 26, 2023

My guest on today's podcast is Rob Nelson. 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.

Financial Advisor 140

Financial Advisor Clients Assets Insurance 140

Wealth Management

DECEMBER 13, 2023

Kudu's minority investment in Sage Advisory Services will support succession and technology initiatives for the Austin-based institutional asset manager.

Management 112

Management Investing Investments Assets 112

Wealth Management

DECEMBER 22, 2023

Industry experts point to continued proliferation of AI, tech stack integration, software supporting new fee models and advisors using an increasingly diverse array of applications to offer additional services as storylines to look out for in the coming year.

Wealth Management 118

Wealth Management Management 118

Nerd's Eye View

MARCH 27, 2023

When consumers shop around before buying a good or service, many factors can play a role in their final decision, from previous experiences to the recommendations of friends and even to the companies’ branding. Some strategies to do so can include simply talking about their own experiences as CFP professionals more intentionally (e.g.,

CFP 246

CFP Clients Certification Financial Advice 246

Nerd's Eye View

JANUARY 3, 2023

Sue is the owner of Delegated Planning, which offers virtual outsourced financial planning support to 55 advisory firms, and the co-founder of Planning Zoo, an outsourced financial planning data entry business that helps current and recently graduated students from college CFP educational programs connect with advisory firms that need paraplanner support (..)

CFP 130

CFP Planning Financial Planning Financial Advisor 130

Nerd's Eye View

OCTOBER 19, 2023

divorce, widowhood, family members who develop special needs) – and because of the targeted services advisors offer to satisfy their clients' needs, they increase their value and the efficiency of their practice. Most commonly, niches present as particular needs of a firm's clients.

Clients 197

Clients Financial Advisor Financial Advice Financial Services 197

The Big Picture

FEBRUARY 5, 2024

Computing was less the purchase of goods than a service. The modern cloud-based era has seen the rise of “Software as a service” (SaaS).1 The modern cloud-based era has seen the rise of “Software as a service” (SaaS).1 I want to float a new concept to CRE owners: Retail as a Service (RaaS).

Retail 180

Retail Economics Distribution Economy 180

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 329

Risk Tolerance Sales Marketing Marketing 329

Nerd's Eye View

APRIL 6, 2023

For instance, an advisor might purposefully limit the number of clients they service in order to have the flexibility of only working a certain number of hours each week (e.g., Notably, the choice of work schedule can affect the type of client with whom an advisor might want to work.

Clients 182

Clients Communication Financial Planning Numbers 182

Nerd's Eye View

MARCH 21, 2023

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

APRIL 24, 2023

by keeping a variety of materials on hand that advisors can use to educate clients with different learning styles); and ongoing service (e.g., by keeping a variety of materials on hand that advisors can use to educate clients with different learning styles); and ongoing service (e.g.,

Financial Planning 221

Financial Planning Clients Planning Education 221

Nerd's Eye View

JANUARY 31, 2023

Ali is a Partner and the Managing Director for Waldron Private Wealth, a multi-family office based in Bridgeville, Pennsylvania that oversees nearly $3 billion in assets under management for 280 ultra-high-net-worth family households.

Retail 208

Retail Clients Financial Advisor Recruitment 208

Nerd's Eye View

SEPTEMBER 19, 2022

Today, the financial plan itself is increasingly becoming not just a ‘value-add’ supporting other services like portfolio management, but rather the whole purpose of (and primary value proposition for) the client relationship to begin with. What’s notable, however, is that the most ‘productive’ (i.e.,

Financial Planner 191

Financial Planner Certified Financial Planner Financial Planning CFP 191

NAIFA Advisor Today

JANUARY 12, 2024

Richardson , RICP, LACP, has received the 2023 President’s Citation from the National Association of Insurance and Financial Advisors (NAIFA) for his extraordinary service to the association. The award was presented at NAIFA’s National Leadership Conference in Washington, D.C., in December.

Recruitment 105

Recruitment Financial Advisor Insurance 105

Nerd's Eye View

OCTOBER 31, 2022

While many financial advisors may have focused primarily on portfolio management at one time, the evolution of the financial planning profession has opened up an ever-growing number of services that advisors now offer to their clients on a regular basis.

Clients 130

Clients Insurance Coverage Portfolio Management Numbers 130

Nerd's Eye View

AUGUST 25, 2022

As the financial advisory industry has evolved, though, it has shifted to a business model that focuses more on teaching new advisors how to provide good financial planning services first, and to focus on business development later.

Financial Planning 188

Financial Planning Clients Commission Planning 188

Nerd's Eye View

NOVEMBER 28, 2023

Regis hotel in New York to bring a new mindset to the firm about what it really means to provide a personalized client experience (and bind the client to the firm's brand, rather than to their specific advisor).

Startup 190

Startup Financial Advisor Clients Management 190

Nerd's Eye View

SEPTEMBER 26, 2023

Bridget is the President of WealthChoice, a virtual independent RIA that oversees nearly $80 million in assets under management for 68 client families, and Co-Founder of Equita Financial Network, an advisor platform that helps advisors plug in and share resources.

Financial Planning 223

Financial Planning Financial Advisor Clients Planning 223

Nerd's Eye View

FEBRUARY 6, 2024

David is the Co-Founder and CEO of Element Pointe Family Office, a Fee-Only RIA based in Miami, Florida that oversees almost $1.6 billion in assets under advisement for 50 client households.

Financial Advisor 130

Financial Advisor Fee Only Clients Planning 130

Abnormal Returns

SEPTEMBER 25, 2023

thinkadvisor.com) XYPN is winding down its tax services. thinkadvisor.com) How to know when you need to hire support staff. Podcasts Michael Kitces talks with Jessica Polito of Turkey Hill Management about helping RIAs owners through the M&A process. riabiz.com) Future Proof shouldn't work, but it does.

Startup 147

Startup Planning Clients Taxes 147

Nerd's Eye View

AUGUST 15, 2022

By helping clients develop financial goals, creating a financial plan, and supporting the implementation and monitoring of the plan, advisors help clients live their best lives. For instance, AGB connects with pro bono clients so advisors do not need to spend time advertising their services. law) with established pro bono programs.

Clients 173

Clients Financial Advice Financial Planning Fee Only 173

The Big Picture

MAY 4, 2023

During that time, consuming lots of academic research, I reached a few logically supported conclusions. Perhaps even more surprising has been the wholesale abandonment of specific industries: Food service, retail, etc., I have been writing about issues with the minimum wage for (it seems like) decades.

Food 364

Food Economy Retail Retirement 364