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

Nerd's Eye View

FEBRUARY 5, 2024

This month's edition kicks off with the news that financial planning software platform RightCapital has launched a workflow management tool called RightFlows to help advisors manage and assign steps in the financial planning process to team members and clients – which on the one hand capitalizes on advisor demand for workflow solutions tailored (..)

Estate Planning 211

Estate Planning Financial Planning Planning Wealth Management 211

Nerd's Eye View

SEPTEMBER 2, 2022

From there, we have several articles on investments: How Morningstar plans to simplify its rating system amid continued concerns about its effectiveness. Why private placement life insurance policies could become an increasingly popular option for ultra-high-net-worth clients. Enjoy the ‘light’ reading!

Financial Planner 197

Financial Planner Strategic Planning Retirement Planning Retirement 197

Nerd's Eye View

AUGUST 23, 2023

Charitable Gift Annuities (CGAs) have long been a popular way for individuals with charitable intentions to plan their legacies. in an IRA or 401(k) plan) to contribute to the Charitable Gift Annuity, they would need to withdraw – and be taxed on – those funds first. But the SECURE 2.0 legislation at the end of 2022.

Taxes 235

Taxes Retirement Clients Estate Planning 235

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

Clever Girl Finance

JUNE 21, 2023

Related articles on becoming wealthy Wealth is a mindset: Improve yours starting today! Being rich means having a lot of money or a high income. People who are rich might drive a fancy car, live in an amazing house in the best part of town, or have a high-paying job, but it comes at a cost. How much money is wealthy?

Assets 88

Assets Investing Investments Accounting 88

eMoney Advisor

APRIL 4, 2023

As a financial professional, you are likely aware of what the media is calling the Great Wealth Transfer—where $84 trillion is set to be passed to younger generations over the next two decades. 1 But have you been putting any effort into ensuring you will continue to work with the heirs of this wealth when your older clients hand it over?

Education 97

Education Financial Advisor Clients Planning 97

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.

Financial Planner 193

Financial Planner Financial Advice Fee Only Financial Planning 193

Steve Sanduski

FEBRUARY 6, 2023

.” Pam says that individual need is more important than a specific level of net worth when it comes to identifying potential clients. But folks with more modest wealth can still benefit from Pam’s expertise in those unexpected moments when life and money intersect, such as managing a significant inheritance.

Clients 98

Clients Risk Tolerance Portfolio Budgeting 98

The Big Picture

JUNE 1, 2023

Wall Street Journal ) • Why Are Food Prices So High in Europe? New York Times ) • JPMorgan Builds Unit for World’s Richest Families in Wealth Bet : Wall focuses on 700 families worth more than $4.5 It may have taken half a century, but the plan worked. ( Expensive child care. By comparison, the annual rate of U.S.

Food 265

Food Retail Medical Banking 265

Integrity Financial Planning

APRIL 2, 2023

For high-net-worth individuals and families, retirement is a significant shift. A high-net-worth individual, also known as an HNWI, is typically someone with at least $1 million in cash or assets that can be easily converted into cash, including stocks, bonds, mutual fund shares, and other investments. [1]

Retirement 52

Retirement Retirement Planning Financial Planning Taxes 52

Trade Brains

JANUARY 24, 2024

Anand Rathi Wealth Limited: In the dynamic change happening in India’s wealth management, one company shines for its personal touch and dedication to client success: Anand Rathi Wealth Limited (ARWL). ARWL stock gave a stellar return of 233% in just one year. in FY18 to 15.2%

Wealth Management 59

Wealth Management Distribution Clients Assets 59

Clever Girl Finance

FEBRUARY 2, 2023

Being rich is simply having a lot of money or a high income. People who are rich might drive a fancy car, live in an amazing house in the best part of town, or have a high-paying job, but it comes at a cost. In other words, it’s having a significant net worth. They think about building wealth, not owning more possessions.

Assets 124

Assets Investing Investments Accounting 124

WiserAdvisor

AUGUST 8, 2022

Financial planning for high-net-worth individuals can be a bit more complicated than the rest. High-net-worth individuals have a net worth of $1 million or above. Ultra and very high-net-worth individuals may also have assets valued at more than $5 million and $30 million.

Wealth Management 52

Wealth Management Financial Planning Financial Advisor Taxes 52

Park Place Financial

MARCH 16, 2022

FINANCIAL PLANNING 4 Areas Your Financial Planner Should Cover as a High-Net-Worth Individual Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Unlike average investors, high-net-worth individuals (HNWIs) typically utilize accumulated assets and a constant income stream to pay for their future expenses.

Financial Planner 52

Financial Planner Estate Planning Certified Financial Planner Retirement Planning 52

WiserAdvisor

JUNE 6, 2023

High-net-worth individuals who possess a significant number and value of assets and complex financial portfolios may find it hard to manage their finances. However, given the high value of wealth, it becomes all the more critical for high-net-worth individuals to plan their finances optimally.

Estate Planning 52

Estate Planning Planning Taxes Insurance 52

Clever Girl Finance

DECEMBER 7, 2022

However, the thing to remember is that being wealthy isn’t just about the amount of money you accumulate but also includes your net worth. Net worth is the value of all of your assets minus the liabilities that you owe. Once you figure out your current net worth , you can figure out what you need to do to become wealthy.

Budgeting 102

Budgeting Financial Planning Accounting Investing 102

Truemind Capital

APRIL 4, 2024

For that, your investments should be done with a high degree of margin of safety which means it should be done at very lucrative and cheap prices compared to the worth of the asset. How do you decide the worth of any asset? How you use debt can either break you or help create wealth for you. How can you be certain?

Investing 52

Investing Investments Insurance Coverage Insurance 52

Carson Wealth

APRIL 19, 2024

You should start by establishing an emergency fund with at least three to six months’ worth of living expenses to provide a financial safety net. Once that’s taken care of, you can begin to focus on paying off high-interest debt, such as credit card balances. But not all credit cards are the same.

Budgeting 143

Budgeting Retirement Strategic Planning Accounting 143

Trade Brains

OCTOBER 13, 2023

High FII holding Stocks Under Rs 100 : When it comes to investing in the stock market, we always try to find the most intricate balance between affordability & sustainability. Hence, today we’re going to analyze a few such stocks that have high FII holdings, yet are available at prices below Rs. Winsome reported revenue worth Rs.

Banking 105

Banking Financial Services License Retail 105

Zoe Financial

NOVEMBER 21, 2023

The Wealth Management Digest Featuring Zoe CEO & Founder, Andres Garcia-Amaya, CFA November 22, 2023 Watch Time: 2.5 minutes Transcript: Welcome to this week’s Wealth Management Digest. And then the second one is that LPL launches their W2 model for high-net-worth advisors. Ready to Grow Your Wealth?

Wealth Management 52

Wealth Management Management Financial Advisor Wealth Advisor 52

Carson Wealth

APRIL 25, 2024

There are some things in life you just can’t plan for: an unexpected illness, job loss, death of spouse, disability. And while experiencing one of these major events can drastically impact your life, having an effective financial plan can help ensure that it doesn’t ruin your financial well-being. Let’s break each one down.

Financial Planning 52

Financial Planning Planning Retirement Insurance Coverage 52

The Big Picture

JULY 11, 2023

A Wealth of Common Sense ) • Five Ways the Bull Market Makes Investors : Nervous Investors can’t stop looking over their shoulders for major risks looming in markets. She has worked at FT since 1988, and held leadership roles in investment management, distribution, technology, operations, and high-net-worth clients.

Distribution 191

Distribution Management Clients Portfolio 191

Indigo Marketing Agency

AUGUST 23, 2023

Inheritances and Wealth Transfer Millennials are poised to inherit a staggering $68 trillion from their baby boomer parents. The demand for financial advisors will surge as millennials navigate this significant wealth transition. As of 2022, millennials’ average net worth hovers around $106,000 , despite being aged 24 to 39.

Financial Advisor 52

Financial Advisor Clients Retirement Planning Financial Advice 52

International College of Financial Planning

MAY 29, 2023

The finance industry offers many career opportunities for aspiring professionals, with wealth management being one of the most rewarding and lucrative options. An Integrated Diploma in Wealth Management can provide you with the knowledge and skills required to excel in this dynamic field.

Wealth Management 40

Wealth Management Management Estate Planning Financial Planner 40

Carson Wealth

FEBRUARY 29, 2024

Tom Fridrich, JD, CLU, ChFC ® , Manager and Senior Wealth Planner Giving something you own to someone else. It’s a simple, human act – one that seems like it shouldn’t take too much planning to do it correctly. What do you need to consider about gifting as it relates to your overall estate plan? Taxes on Giving???

Taxes 96

Taxes Financial Planning Planning Estate Planning 96

Validea

AUGUST 5, 2022

Venture firm Andreessen Horowitz, known as a16z, has hired former Jordan Park Group CIO Michel Del Buono to head up its new business managing the wealth of many of the clients it helped make rich. Now it’s hoping to capitalize on those relationships by offering an array of wealth management services to those billionaires, the article reports.

Management 59

Management Wealth Management Startup Engineering 59

Carson Wealth

DECEMBER 13, 2022

Regulators of financial planning firms and accrediting bodies do not lay out differences in nomenclature. RIAs commonly use two titles for their IARs: Financial Advisor and Wealth Manager. Financial Advisors and Wealth Managers have a common knowledge and skill sets. What Do Wealth Managers Do? Why the confusing variety?

Wealth Management 52

Wealth Management Financial Advisor Management Financial Planner 52

eMoney Advisor

FEBRUARY 22, 2023

Amid the Great Wealth Transfer, with $84 trillion set to be passed between generations in the next two decades 1 , there’s a question you must ask yourself: Are your clients’ adult children prepared to inherit? What to Talk About: Foundational Topics Financial Planning 101.

Estate Planning 75

Estate Planning Planning Education Clients 75

Harness Wealth

JUNE 9, 2023

Recognizing the need for a financial plan is a significant first step toward the goal of achieving personal financial security. Table of Contents What is a Financial Plan? Table of Contents What is a Financial Plan? Why is Financial Planning so Important? Why is Financial Planning so Important?

Financial Planning 52

Financial Planning Planning Financial Planner Wealth Management 52

Clever Girl Finance

FEBRUARY 20, 2024

We all know people like this, and we might even be people like this who’ve achieved stealth wealth! Table of contents Stealth wealth meaning Expert tip: Follow your own path to achieve stealth wealth What is meant by stealth wealth? What are subtle signs of wealth? What are the benefits of stealth wealth?

Budgeting 76

Budgeting Assets Accounting Wealth Accumulation 76

eMoney Advisor

DECEMBER 6, 2022

Insurance in Financial Planning. The CFP® Board includes risk management and insurance in its financial planning principal knowledge topics for a good reason. Our research shows about 70 percent of advisors offer risk management and insurance planning. eMoney Leading with Planning Research, May 2022, Advisors n=360.

Financial Planning 97

Financial Planning Clients Planning Estate Planning 97

Clever Girl Finance

SEPTEMBER 11, 2023

On your road to building financial wealth and developing your financial wellness, one of the most important things to remember is to diversify, diversify, diversify. Liquid investing offers the opportunity to build your wealth while keeping your funds easily accessible. What does liquid net worth mean , and what does liquidity mean?

Investing 72

Investing Investments Accounting Assets 72

Clever Girl Finance

OCTOBER 20, 2022

One way to do this is by assessing your liquid net worth. But what does liquid net worth mean? If you follow the personal finance community, then you've probably read up on net worth before. Moreover, have you ever asked yourself, "What is my liquid net worth?" What does liquid net worth mean?

Assets 59

Assets Accounting Math Portfolio 59

Clever Girl Finance

AUGUST 22, 2022

But wealth accumulation might be something you haven't thought about. But how do you create wealth? Is wealth accumulation only for the rich and famous? While some are born into it, many others spent a long time accumulating their wealth. What is wealth accumulation? But building wealth doesn't happen overnight.

Wealth Accumulation 97

Wealth Accumulation Budgeting Estate Planning Insurance 97

Darrow Wealth Management

NOVEMBER 17, 2022

Importantly, this new surtax won’t just apply to perennial high earners. Darrow Wealth Management doesn’t provide tax advice; consult your tax advisor to discuss your personal situation. . The MA ‘millionaire’ surtax will apply to one-time sudden wealth events. Recognize the gain now.

Taxes 95

Taxes Wealth Management Tax Planning Compensation Planning 95

Park Place Financial

MARCH 10, 2022

FINANCIAL PLANNING 4 Financial Strategies to Leverage if your Portfolio is Worth Millions Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Financial planning investment strategies can be found at every corner of the Internet, but not all advice applies to every person. Reduce Tax Payments.

Portfolio 52

Portfolio Certified Financial Planner Financial Planner Healthcare 52