Nerd's Eye View

AUGUST 15, 2023

and how hiring not just an assistant, but someone with a strategy mindset who was determined to grow in and with the company, proved pivotal to the growth of MainStreet Financial and led to a successful, naturally integrated succession plan when Jim's assistant-turned-partner eventually bought him out nearly 8 years later.

Fee Only 234

Fee Only Clients Financial Planning Financial Advisor 234

Nerd's Eye View

APRIL 1, 2024

Welcome to the April 2024 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!

Estate Planning 170

Estate Planning Financial Advisor Startup Clients 170

Nerd's Eye View

DECEMBER 15, 2023

Also in industry news this week: Most businesses that operate in the U.S., Also in industry news this week: Most businesses that operate in the U.S., Also in industry news this week: Most businesses that operate in the U.S., Also in industry news this week: Most businesses that operate in the U.S.,

Financial Planner 231

Financial Planner Retirement Taxes Insurance 231

The Big Picture

AUGUST 26, 2023

This week, we speak with Vanguard’s chief investment officer Greg Davis. Davis also serves as a member of the Treasury Borrowing Advisory Committee of the US Treasury Department. Tim Buckley, who became CEO of Vanguard Group in 2018, eventually elevated Davis to CIO. He has more than 25 years of investment management experience.

Strategic Planning 246

Strategic Planning Distribution Consulting Insurance 246

Nerd's Eye View

SEPTEMBER 12, 2023

Jason is the CEO of Altruist, a relatively new RIA custodian that has quickly grown to serve more than 3,500 advisory firms across the country, making it the 4th-largest independent RIA custodian by firm count. Welcome back to the 350th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jason Wenk. Read More.

Financial Advisor 204

Financial Advisor Investing Investments Financial Advice 204

Nerd's Eye View

JANUARY 30, 2024

return in new onboarded client revenue for every $1 spent in marketing. return in new onboarded client revenue for every $1 spent in marketing. Read More.

Financial Advisor 193

Financial Advisor Clients Compliance Engineering 193

Nerd's Eye View

APRIL 25, 2023

Ari is Managing Partner of Values Added Financial, an independent RIA based in Washington, D.C., that oversees $143 million in assets under management (AUM) for nearly 75 client households.

Management 241

Management Financial Advisor Clients Ethics 241

Nerd's Eye View

DECEMBER 4, 2023

Welcome to the December 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!

Financial Advisor 205

Financial Advisor Clients Planning Distribution 205

Nerd's Eye View

SEPTEMBER 23, 2022

Also in industry news this week: How advisors can serve clients of the millennial generation who have seen their income and wealth grow as they have gotten older. A survey shows that more RIAs are outsourcing investment management, and that those who do are largely happy with the decision.

Financial Planner 201

Financial Planner Compensation Planning Compliance Insurance 201

The Big Picture

AUGUST 19, 2023

This week, we speak with legal scholar Cass Sunstein , who founded and leads Harvard Law School’s Program on Behavioral Economics and Public Policy. We discuss how ended up working for both the Reagan and Obama administrations. We also “Desirability Bias,” which is somewhat different than confirmation bias.

Economics 246

Economics Management Investing Investments 246

Nerd's Eye View

JANUARY 26, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news of a survey indicating that about 90% of financial advisors would switch firms based on bad technology at their current firm, and that 44% have already done so.

Financial Planner 192

Financial Planner Retirement Planning Financial Advisor Retirement 192

Nerd's Eye View

JULY 19, 2022

What's unique about Andrew, though, is how he, as a financial advisor with autism, has built a firm with a specialized niche of autistic and other neurodivergent clients, helping them navigate their unique and complex financial planning challenges. Read More.

Financial Advisor 230

Financial Advisor Clients Financial Planning Insurance 230

Nerd's Eye View

DECEMBER 18, 2023

As 2023 comes to a close, I am once again so thankful to all of you, the ever-growing number of readers who continue to regularly visit this Nerd's Eye View Blog (and share the content with your friends and colleagues, which we greatly appreciate!). We recognize (and appreciate!) Read More.

Financial Advisor 232

Financial Advisor Numbers 232

Abnormal Returns

APRIL 12, 2023

(humbledollar.com) What we can learn about retirement from pro athletes. abnormalreturns.com) When non-profits forget who they were set up to serve. abnormalreturns.com) When non-profits forget who they were set up to serve. obliviousinvestor.com) Do you still carry cash?

Financial Advice 233

Financial Advice Retirement Financial Advisor Insurance 233

Nerd's Eye View

MAY 19, 2023

And despite some industry observers’ concerns that AI tools could eventually replace human advisors, a strong majority of those surveyed said they do not expect AI to replace advice from humans.

Financial Planner 183

Financial Planner CFP Financial Advisor Clients 183

The Big Picture

APRIL 8, 2023

 This week, we speak with Aswath Damodaran, who holds the Kerschner Family Chair in Finance Education at New York University’s Stern School of Business. The average portfolio manager is driven by emotion and mood and while they talk the value investing talk, in the end they are people who are still judged on a quarterly basis.

Valuation 290

Valuation Insurance Numbers Portfolio Management 290

Million Dollar Round Table (MDRT)

APRIL 14, 2024

Levasseur, CLU, MS Ed Like many financial advisors, we want clients who will show behaviors that make them easy to work for and help us serve them better. We also want those clients to introduce us to more people like themselves. We then ask them to grade us in four areas that mean a lot to them.

Clients 64

Clients Financial Advisor Assets Planning 64

Nerd's Eye View

DECEMBER 8, 2023

Also in industry news this week: In a new whitepaper, industry consultant Mark Hurley predicts that the environment for wealth management firms will grow much more competitive amid higher interest rates and greater PE funding of advisory firms, although opportunities exist for RIAs that can successfully attract and serve younger clients at scale According (..)

Financial Planner 190

Financial Planner Numbers Clients Wealth Management 190

The Big Picture

FEBRUARY 14, 2024

I’m Barry Ritholtz, and on today’s edition of At the Money, we’re gonna discuss whether war and inflation 20 somehow adds up to higher portfolio prices. So let’s start with your dad, Yale Hirsch, who founded the Stock Traders Almanac 60 years ago. We had been coming down for a few years. Since ‘66].

Marketing 303

Marketing Marketing Government Numbers 303

Nerd's Eye View

JANUARY 1, 2024

Welcome to the January 2024 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!

Retirement Planning 206

Retirement Planning Compliance Startup Clients 206

Abnormal Returns

APRIL 16, 2023

Also on the site When non-profits forget who they were set up to serve. awealthofcommonsense.com) What we can learn about retirement from pro athletes. abnormalreturns.com) As it is with most things in life, the answer to the homeownership question is: it depends. wsj.com) Being wealthy is about not worrying about money.

Retirement 147

Retirement Investing Investments Marketing 147

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. Read More.

Estate Planning 232

Estate Planning Financial Advisor Financial Services Clients 232

Nerd's Eye View

JULY 25, 2022

Which we’ve witnessed first-hand here at Kitces.com, as the advisor community has engaged in record numbers with some of our recent articles on how best to advise clients through it all, and capitalize on the opportunities along the way. A gap our Kitces Courses aim to fill!

Education 178

Education Financial Planning Estate Planning CFP 178

Abnormal Returns

MAY 23, 2023

papers.ssrn.com) What can we learn from the meme stock phenomenon? insights.finominal.com) How intangible asset intensity serves as a measure of quality. Gold Gold is not portfolio insurance. alphaarchitect.com) What is Bitcoin worth? morningstar.com) Trading WFH traders show a lower likelihood of misconduct.

Asset Allocation 147

Asset Allocation Insurance Economics Assets 147

Million Dollar Round Table (MDRT)

FEBRUARY 11, 2024

The right character for the stage I spend time trying to understand the client’s personality first and then bring to the table the advisors from our team who match their needs, interests or goals. We always use a lot of analogies because clients get confused very quickly. Elke Rubach, LL.M.,

Clients 80

Clients Sales Communication 80

Nerd's Eye View

MARCH 25, 2024

For example, while a seasoned team who has just finished a busy tax season may need a retreat that leaves them feeling "recharged", a more recently formed team full of new hires may benefit more from feeling "aligned" with each other and with the company's vision.

Planning 211

Planning Taxes Management Clients 211

Nerd's Eye View

AUGUST 29, 2022

Which means now it’s time once again to take at least a brief pause to get some feedback about how we’re doing. Because we really do take your feedback seriously. Over the years, Nerd’s Eye View reader feedback has shaped everything from the visual design of the blog (from its original dense small font!)

Financial Advisor 184

Financial Advisor CFP Taxes Clients 184

Nerd's Eye View

OCTOBER 31, 2023

Read More.

Financial Advisor 210

Financial Advisor Estate Planning Clients Education 210

The Big Picture

NOVEMBER 18, 2023

This week, we speak with Brad Gerstner , founder and CEO of Altimeter Capital , a technology-focused investment firm, which has about $7 billion in assets under management. Altimeter manages a variety of venture and public funds and serves as a long-term partner to companies as they enter the public markets.

Investing 150

Investing Investments Government Economy 150

The Big Picture

FEBRUARY 11, 2023

This week, we speak with Rick Rieder , who is BlackRock ‘s chief investment officer of global fixed income, head of the fundamental fixed income business, and head of the global allocation investment team. We discuss how he found his way into fixed income, spending 20 years at Lehman Brothers. trillion in assets.

Communication 174

Communication Banking Investing Investments 174

Nerd's Eye View

DECEMBER 5, 2023

So, whether you're interested in learning about how to build associate advisor compensation plans and career tracks, how to leverage a multi-faceted marketing approach to generate client leads, or what it looks like to roll up into a larger RIA, then we hope you enjoy this episode of the Financial Advisor Success podcast, with Jeff Brown.

Compensation Planning 185

Compensation Planning Planning Financial Advisor Clients 185

Steve Sanduski

APRIL 22, 2024

This range can now serve as a benchmark for your financial advice business. You should get really good at solving the level of problems for the people whose problems you want to solve (and who are willing to pay you that level of fee). About a year later, I realized that we had too many clients to serve well.

Clients 59

Clients Financial Advice CFP Numbers 59

The Big Picture

JANUARY 11, 2023

These changes aren’t about eschewing offices or never seeing each other in person; the office just serves a different purpose now. We are more intentional about how and when we get together in person. ( But we haven’t before witnessed such a roundly criticized claim set the agenda for a new Congress. USA Today ). •

Retail 251

Retail Economy Marketing Marketing 251

Nerd's Eye View

AUGUST 9, 2022

Anna is the founder of Dare to Dream Financial Planning, an independent RIA based in New York City that has grown to more than $400,000 of annual revenue in barely 3 years by building a focused base of 32 ongoing clients coupled with more than a dozen project-based planning clients who go through a one-day financial planning intensive.

Financial Advisor 175

Financial Advisor Financial Planning Clients Planning 175

The Big Picture

NOVEMBER 12, 2022

?. This week, we speak with ETF industry pioneer Dave Nadig, who currently serves as financial futurist at the data and analytics firm VettaFi. We discuss how the ETF industry has evolved over time, with passive indexes as the core.

Recruitment 130

Recruitment Financial Advisor Assets Management 130

Nerd's Eye View

FEBRUARY 14, 2023

What's unique about Jim, though, is how he has built an RIA platform approaching $25B in AUM in just 5 years, and the way he’s managed everything from hiring and staffing to raising outside investor capital in order to make the investments necessary to achieve scale as a middle and back-office support platform for independent advisors.

Compliance 130

Compliance Financial Advisor Management Clients 130

The Big Picture

AUGUST 24, 2023

How little do we know about the future? A great way to figure that out is to look to our past, to see what we previously thought about what the future will hold. Today, we get to read about the travails of RIMM/Blackberry with the full benefit of hindsight. This serves us very poorly as investors.

Media 246

Media Numbers Investing Investments 246