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. Firm owners can maximize the value from a sale by ensuring that the buyer is a "good fit", which, if they aren't, can have real financial consequences.

Planning 130

Planning Valuation Sales Clients 130

Nerd's Eye View

JUNE 6, 2023

Welcome back to the 336th episode of the Financial Advisor Success Podcast ! Adam is a principal with RubinGoldman and Associates, and the Founder and CEO of Asset-Map, a financial planning tool that helps financial advisors create a visual representation of their clients’ financial situation, reaching over 1.25

Assets 211

Assets Financial Advisor Financial Planning Insurance 211

Nerd's Eye View

MARCH 21, 2023

Welcome back to the 325th episode of the Financial Advisor Success Podcast ! 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

JANUARY 9, 2024

Welcome back to the 367th episode of the Financial Advisor Success Podcast ! 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.

Financial Advisor 203

Financial Advisor Financial Planner Clients Food 203

Nerd's Eye View

JULY 20, 2022

One way to do so is through a sabbatical, and advisors can play an important role in supporting clients who are interested in taking this step. However, longer sabbaticals do carry more substantial financial and career ramifications that require careful planning, especially when extensive travel plans are involved.

Retirement 211

Retirement Financial Planning Planning Clients 211

Nerd's Eye View

SEPTEMBER 22, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Investment Adviser Association has petitioned the SEC to ask the regulator to change how it defines a small adviser from one with less than $25 million under management to a firm with 100 or fewer employees.

Financial Planner 199

Financial Planner Clients Taxes Numbers 199

Nerd's Eye View

OCTOBER 31, 2023

Welcome back to the 357th episode of the Financial Advisor Success Podcast ! Jon is the Founder and CIO for Echo45 Advisors, an independent RIA based in Walnut Creek, California, that oversees $163 million in assets under management for more than 180 client households. My guest on today's podcast is Jon Henderson.

Financial Advisor 209

Financial Advisor Estate Planning Clients Education 209

Nerd's Eye View

SEPTEMBER 13, 2023

Instead, advisors can take a more direct approach in introducing the next steps to becoming a client during a discovery meeting to keep the momentum going and potentially increase the chances that the prospect will become a client.

Financial Planning 226

Financial Planning Sales Planning Financial Advisor 226

Nerd's Eye View

AUGUST 4, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that credit ratings agency Fitch on Tuesday downgraded its assessment of the U.S. government's creditworthiness from an AAA rating to AA+.

Financial Planner 199

Financial Planner Retirement Planning Compliance Retirement 199

Nerd's Eye View

SEPTEMBER 18, 2023

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. Advisors who have never hired before may have little idea of what to expect once they do decide to hire.

Financial Planner 229

Financial Planner Clients Planning Financial Planning 229

Nerd's Eye View

JANUARY 11, 2024

The most recent Kitces Research Study on What Actually Contributes To Advisor Wellbeing sheds light on this topic, revealing some of the factors that contribute most to positive wellbeing for advisors and offering insight into the common themes for advisors who enjoy their lives the most. And the truth lies in the data.

Clients 130

Clients Financial Advisor Numbers 130

Nerd's Eye View

MARCH 12, 2024

Welcome back to the 376th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Eric Simonson. Eric is the Founder & CEO of Abundo Wealth, an Advice-Only RIA based in Minneapolis, Minnesota, that oversees $600M in assets under advisement for 420 client households.

Clients 130

Clients Financial Advisor Financial Planning Media 130

Nerd's Eye View

OCTOBER 3, 2023

Welcome back to the 353rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Brett Danko.

Certified Financial Planner 235

Certified Financial Planner CFP Education Financial Advisor 235

Nerd's Eye View

OCTOBER 10, 2022

Communicating ongoing value to clients and prospects can be a challenge for financial advisors. Although there are many ways to articulate how an advisor can create value for a client, there is no guarantee that any one particular method will resonate with every potential client.

Communication 130

Communication Clients Financial Advisor Financial Planning 130

Nerd's Eye View

AUGUST 30, 2023

the time and money spent training the employee) as well as preventing the employee from taking the company's best practices to a new job at a competitor. But in the financial advisory business, firms are typically less concerned about employees taking intellectual property (e.g.,

Clients 197

Clients Communication Financial Planning Planning 197

Nerd's Eye View

JULY 21, 2023

Further, the study identifies the traits of "top performing" firms, which, during the past 5 years, saw nearly triple the client and net organic asset growth compared to other firms. Read More.

Financial Planner 223

Financial Planner Clients Numbers Assets 223

Abnormal Returns

OCTOBER 4, 2023

bogleheads.podbean.com) Peter Dunn on whether it is dishonest to have two financial advisors. humbledollar.com) Personal finance There are three types of jobs. dariusforoux.com) "One reason financial independence is so important is that it makes it much easier to disassociate from toxic people." Which one do you have?

Planning 239

Planning Retirement Retirement Planning Financial Advisor 239

Nerd's Eye View

JULY 18, 2022

Amid estimates that nearly 40% of all financial advisors are likely to retire in the next 10 years, the need for a new generation of advisor talent is clear.

CFP 194

CFP Recruitment Sales Certification 194

Nerd's Eye View

APRIL 18, 2023

Welcome back to the 329th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Charesse Spiller. Charesse is Founder and Principal Consultant for Level Best, an operations and process strategy consulting firm based in Houston, Texas.

Consulting 246

Consulting Financial Advisor Education Accounting 246

The Big Picture

FEBRUARY 16, 2024

He is the chair of the Bretton Woods Committee , and Chairman of the Committee on the Global Financial System of the Bank for International Settlements. Be sure to check out our Masters in Business next week with Andrew Slimmon , Managing Director at Morgan Stanley Investment Management , where he leads the Applied Equity Advisors team.

Wealth Management 152

Wealth Management Banking Portfolio Management Management 152

Carson Wealth

MARCH 28, 2024

A financial advisor can help you set short- and long-term goals and then guide you through which savings vehicles could work best for your situation. Your job likely requires more time and energy. These days, you may no longer have the time it takes to really do a good job of managing your retirement portfolio.

Retirement Planning 142

Retirement Planning Retirement Planning Taxes 142

Nerd's Eye View

JANUARY 20, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that several states are considering a series of tax hikes targeting higher-income and ultra-high-net-worth residents after similar proposals failed to pass at the Federal level. Read More.

Financial Planner 187

Financial Planner Financial Advice Fee Only Financial Planning 187

Nerd's Eye View

DECEMBER 26, 2023

Welcome to the 365th episode of the Financial Advisor Success Podcast ! Welcome everyone! 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 137

Financial Advisor Clients Assets Insurance 137

The Big Picture

SEPTEMBER 14, 2023

I could not be prouder of my team, who did a bang-up job representing RWM at the event. And I am so grateful to be working with our partners at Advisor Circle. Together, we have managed to create an entirely new type of financial conference. It was truly amazing, as the photos below show. appeared first on The Big Picture.

Wealth Management 141

Wealth Management Risk Management Management Taxes 141

Nerd's Eye View

DECEMBER 20, 2022

Welcome back to the 312th episode of the Financial Advisor Success Podcast ! Emily is the Senior Financial Planner for Archer Investment Management, a virtual Independent RIA based in Austin, Texas, that oversees $170 million of assets under management for nearly 170 families. My guest on today's podcast is Emily Rassam.

Financial Advisor 229

Financial Advisor Financial Planning Financial Planner Planning 229

Nerd's Eye View

FEBRUARY 14, 2024

When an investor is seeking to work with a financial professional, there's a substantial difference in expectations about the nature of the relationship when the professional being consulted is an advisor versus when they're a salesperson.

Retirement 116

Retirement Financial Advisor Insurance Sales 116

Nerd's Eye View

SEPTEMBER 6, 2022

Welcome back to the 297th episode of the Financial Advisor Success Podcast ! 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 Financial Planner Retirement 246

The Big Picture

MAY 26, 2023

Businessweek ) • What US Cities Pay the Most (and Least) for Everyday Jobs : From accountants to nurses to data scientists, the same job can deliver about 50% more pay if you’re willing and able to relocate. Bloomberg ) see also How some people get away with doing nothing at work All hail the jobless employed. (

Startup 257

Startup Manufacturing Accounting Investing 257

Nerd's Eye View

MAY 4, 2023

One of the biggest challenges faced by solo financial advisory firm owners as their firms grow and encounter capacity issues is deciding whether (and when) to hire an employee. If revenue can support a new hire, the firm owner can then refer back to their least enjoyable tasks as a starting point to create a job description.

Clients 178

Clients Communication Management 178

Nerd's Eye View

DECEMBER 14, 2022

This is even true in the case of positive changes, such as a new job opportunity or relationship: Even though it might be very likely to make the person’s life better, it represents a departure from life as usual, and there is always the risk that the change won’t work out the way it was expected to.

Clients 193

Clients Numbers Planning Communication 193

Nerd's Eye View

AUGUST 22, 2023

Welcome back to the 347th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Cary Carbonaro.

Financial Advisor 181

Financial Advisor Media Sales Clients 181

Million Dollar Round Table (MDRT)

MARCH 17, 2024

Feldman, CLU, ChFC Clients and financial advisors have different perspectives. As financial advisors, it’s our job to educate them and motivate them to act. Even if a product is fantastic, a prospect won’t buy it if they don’t realize they even have a problem. Our products are the solution to those problems.

Estate Planning 83

Estate Planning Financial Advisor Clients Education 83

Nerd's Eye View

AUGUST 1, 2023

Welcome back to the 344th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Brad Barrett. Brad is the Managing Director and Partner of One Capital Management, an independent RIA based in Westlake Village, California, with locations across the country, that oversees $5.3

Financial Advisor 130

Financial Advisor Media Clients Management 130

Carson Wealth

APRIL 4, 2024

There are both practical and emotional challenges to consider before you step in and take over your parents’ financial situation. A recent study found that only 38% of Americans have talked to their parents about their current and future financial situation. Let’s discuss a few of them.

Management 137

Management Healthcare Medical Estate Planning 137

Nerd's Eye View

OCTOBER 1, 2022

Also in industry news this week: A recent survey suggests that high-income Millennials are more open to working with advisors than similar individuals in older generations. How firms are approaching the opportunities and potential pitfalls of the SEC’s new marketing rule, which will be enforced starting November 4. Read More.

Financial Planner 181

Financial Planner Retirement Planning Advertising Taxes 181

Sara Grillo

OCTOBER 21, 2022

For those looking to crack in and get a job at an RIA firm and become a financial advisor – good news! I am a CFA® charterholder and I used to be a financial advisor. I have a weekly newsletter in which I talk about financial advisor lead generation topics which is best described as “fun and irreverent.”

Insurance 98

Insurance Financial Planner Fee Only Financial Advisor 98

Indigo Marketing Agency

APRIL 28, 2023

Most people simply list their job title or company and fail to take advantage of all 120 characters. Unfortunately, this is the most common headline I see for advisors. Unfortunately, this is the most common headline I see for advisors. Despite their importance, most LinkedIn headlines are not thoughtfully crafted.

Certified Financial Planner 130

Certified Financial Planner Financial Advisor Wealth Management Consulting 130