Nerd's Eye View

APRIL 3, 2024

As has been the case for the past several quarters, the prevailing characteristic of the economy is one of bifurcation, with interest rate-sensitive sectors remaining in a recession (as evidenced by the manufacturing sector's 16-month-long contraction), while the services sector (which accounts for nearly 80% of U.S. GDP) continues to expand.

Economics 186

Economics Marketing Marketing Valuation 186

Nerd's Eye View

JULY 27, 2023

While many financial advisory firm owners have long-term goals that involve building a career based in a profitable and sustainable advisory firm, there are some firm owners who develop their firm as a means to explore and pursue other business endeavors.

Clients 192

Clients Communication Management Business Planning 192

The Chicago Financial Planner

FEBRUARY 2, 2024

If the advisor’s primary service is focused in an area like constructing bond portfolios for their clients and you are looking for a financial planner to construct a comprehensive financial plan for you, this advisor may not be a good match. Make sure to find someone who offers the types of services and advice that you are seeking.

Financial Advisor 249

Financial Advisor Financial Planner Fee Only Clients 249

Abnormal Returns

FEBRUARY 21, 2024

bonddad.blogspot.com) Services spending has not yet returned to pre-pandemic levels. apolloacademy.com) Inflationary expectations can have long term effects. Markets The list of Europe's biggest stocks are filled with pharma companies. euronews.com) Hedge funds have been underweight the Magnificent Seven. Nuance is what matters.

Financial Advising 237

Financial Advising Distribution Retail Media 237

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. Read More.

Financial Planner 212

Financial Planner Certification CFP Financial Advice 212

The Big Picture

SEPTEMBER 21, 2023

Bloomberg ) • Indexing Is Still the Best Bet for Investors : History shows that even in ‘narrow’ markets, actively managed funds don’t do as well over the long term. Bloomberg ) • Indexing Is Still the Best Bet for Investors : History shows that even in ‘narrow’ markets, actively managed funds don’t do as well over the long term.

Retail 257

Retail Sales Management Assets 257

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.

Financial Planner 218

Financial Planner Tax Planning Clients Valuation 218

Nerd's Eye View

MARCH 7, 2024

For many financial advisors, the traditional way of doing business has generally been based on a transaction-based service model involving functional solutions to clients' practical problems.

Financial Planning 130

Financial Planning Planning Marketing Marketing 130

Nerd's Eye View

FEBRUARY 27, 2024

Welcome back to the 374th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Dianne Nolin. Dianne is the Managing Partner of Argent Bridge Advisors, a hybrid advisory firm based in Vienna, Virginia, that oversees $500 million in assets under management for 350 client households.

Financial Advisor 130

Financial Advisor Communication Clients Financial Planning 130

Million Dollar Round Table (MDRT)

APRIL 25, 2024

By Bryce Sanders It is easy to think the financial services industry is engaged in a race to the bottom when there are ads telling people they can trade stocks “for free.” It’s a long-term relationship. How will clients get service when it’s needed? As a result, service suffers. Spot issues before they become problems.

Risk Tolerance 64

Risk Tolerance Financial Advisor Asset Allocation Advertising 64

Nerd's Eye View

APRIL 9, 2024

Welcome everyone! Welcome to the 380th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Andrew Leonard. 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.

Financial Advisor 130

Financial Advisor Consulting Wealth Advisor Clients 130

Nerd's Eye View

NOVEMBER 29, 2022

What's unique about Anh, though, is how, as a solo advisor, she differentiates her firm by leveraging the combination of a high-touch concierge approach to client service with a unique investment management approach through the use of very carefully chosen structured notes to differentiate her portfolio design from other advisors.

Estate Planning 239

Estate Planning Financial Advisor Financial Services Clients 239

Nerd's Eye View

OCTOBER 19, 2023

These needs are often understood in terms of a client's occupation (e.g., 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.

Clients 197

Clients Financial Advisor Financial Advice Financial Services 197

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

DECEMBER 22, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that Envestnet has published research highlighting a number of key trends that they believe will shape the growth of the advisory industry in 2024 and beyond, which reflect at a high level advisors' ongoing shift towards providing (..)

Financial Planner 230

Financial Planner Fee Only Tax Planning Retirement 230

Nerd's Eye View

OCTOBER 16, 2023

Which led many firms to market all the ways they were 'better' than other sources of financial advice by highlighting their status as fiduciaries, fee-only advisors, or by offering (more) comprehensive financial planning services beyond investment management, as just a few examples.

Financial Planning 225

Financial Planning Marketing Marketing Financial Advice 225

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. One possible way to do this is to use the time savings of technology to serve a higher number of clients.

Clients 215

Clients Planning Numbers Financial Advisor 215

Nerd's Eye View

APRIL 2, 2024

Welcome everyone! Welcome to the 379th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Hans Blake. Hans is the founder of Intelligent Investing, an RIA based in Greenville, South Carolina, that oversees $50M in assets under management for 40 client households. Read More.

Clients 163

Clients Financial Advisor Assets Retirement 163

Sara Grillo

APRIL 19, 2024

1 Understand the terms in the Investment Advisory Agreement Check out FINRA’s explanation of discretionary authority. Learn what all these terms mean. Here’s how it usually goes in terms of advisors moving money between accounts. Don’t be fooled! Do your own diligence when you are seeking financial advice.

Financial Advisor 95

Financial Advisor Financial Advice Accounting Compliance 95

The Big Picture

JUNE 16, 2023

In dollar terms, their share has skyrocketed from just under $5 trillion to about $45 trillion. It had its theatrical debut in six cities around the United States last week, and is premiering on a host of streaming services this week ( Linktree ). It’s become a chasm, and the charts below tell the story.

Numbers 326

Numbers 326

Nerd's Eye View

SEPTEMBER 1, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Massachusetts Supreme Judicial Court ruled that the state's fiduciary rule for broker-dealers can stand, potentially opening the door for other states to impose similar standards that exceed the requirements of the Securities (..)

Financial Planner 206

Financial Planner Strategic Planning Retirement Planning Retirement 206

Nerd's Eye View

FEBRUARY 16, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a study from Cerulli Associates indicates a lack of fee transparency represents a significant hurdle for many investors when considering working with a financial advisor.

Financial Planner 225

Financial Planner Fee Only Compliance CFP 225

The Big Picture

JULY 14, 2023

So normal service is resuming for now. In sequential qoq terms, after adjusting for strong Q2 seasonality, they see growth at a robust +2.0% (qoq sa), which would mark the second straight quarter of a sequential rebound following the 3.5% This quarterly earnings pattern is shown above in the chart from his colleague Binky Chadha.

Banking 246

Banking 246

Nerd's Eye View

FEBRUARY 26, 2024

Over the years, though, as the focus of the profession evolved from being almost exclusively transaction-based sales to having a focus on building long-term relationships, so too did growth shift from sales-based approaches to more long-term trust-building marketing tactics.

Marketing 195

Marketing Marketing Sales Clients 195

The Big Picture

MARCH 28, 2024

I am fascinated by the idea of Narrative Fallacy (the term was actually coined by Nassim Taleb in “ The Black Swan “) and how it applies to pretty much ewverything. Instead, markets rallied 69% as the tech sector provided the means for the services sector to operate remotely. This was a money-losing set of narratives.

Manufacturing 335

Manufacturing Economy Economics Portfolio 335

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

FEBRUARY 22, 2023

As a document required to be filed by all registered investment advisers, Form ADV is (at least in theory) a standardized description of each RIA’s services, fees, and business practices, presented in a series of four forms (Part 1, Part 2A, Part 2B, and Part 3) each comprised of a set of underlying sections.

Commission 166

Commission Clients Investing Investments 166

Nerd's Eye View

DECEMBER 25, 2023

And as 2023 draws to a close, we wanted to highlight 25 of the most popular and insightful articles that were featured throughout the year (that you might have missed!).

Financial Advisor 218

Financial Advisor Financial Planner Insurance Clients 218

Nerd's Eye View

AUGUST 15, 2022

This gives advisors the opportunity to offer their services on a pro bono basis, and the Advisers Give Back platform allows them to do so in as little as one hour per month. 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

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

AUGUST 30, 2023

As non-solicit agreements have become more prevalent among independent advisory firms, the terms of these agreements come into focus, such as whether a non-solicit agreement covers all of an employee advisor's clients or only certain ones. a personal friend or relative/family member) to their new firm.

Clients 209

Clients Communication Financial Planning Planning 209

Nerd's Eye View

DECEMBER 26, 2023

Welcome everyone! Welcome to the 365th episode of the Financial Advisor Success Podcast ! 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

The Big Picture

MAY 4, 2023

Low minimum wages have created all sorts of long-term, sticky problems for employers. Perhaps even more surprising has been the wholesale abandonment of specific industries: Food service, retail, etc., Perhaps even more surprising has been the wholesale abandonment of specific industries: Food service, retail, etc.,

Food 364

Food Economy Retail Retirement 364

Nerd's Eye View

AUGUST 21, 2023

In fact, data from the latest Kitces Research study, How Financial Planners Actually Market Their Services, shows that many advisors find marketing to be difficult and not very effective. But typically, the opportunity to create and implement a marketing strategy is not one of these reasons. equity compensation), values-based (e.g.,

Marketing 223

Marketing Marketing Financial Planner Clients 223

Nerd's Eye View

FEBRUARY 23, 2023

For most financial advisors today, a website is a critical tool that allows them to market their services and communicate their fees to potential clients. For most financial advisors today, a website is a critical tool that allows them to market their services and communicate their fees to potential clients. Read More.

Financial Planning 187

Financial Planning Planning Financial Planner Financial Advisor 187

Mish Talk

DECEMBER 9, 2022

Last month I noted the PPI cools with first decline in services in two years. percent advance in prices for final demand services. percent advance in prices for final demand services. Prices for final demand less foods, energy, and trade services moved up 0.3 Year-over-year, the services PPI is up 5.9

Food 187

Food Transportation Retail Advertising 187

The Irrelevant Investor

OCTOBER 2, 2023

Then you have macroeconomic data that could impact the stock market in the short or long term: manufacturing and service reports, jobless claims and total employment, headline. The stock market is a complicated place.

Asset Allocation 120

Asset Allocation Marketing Marketing Manufacturing 120