If you’re looking for a holiday gift—or even a birthday gift—for a financial advisor, or want to spend a little money on a client or a friend, here are some holiday gift ideas curated by ThinkAdvisor.
The gifts are affordable enough that you can get them for work associates, clients or just for a friend who’s an advisor or a broker or just a fan of Wall Street. The gifts are listed from lowest price to highest price, ranging from $15 to $425. Happy Holidays and Happy Bonus Season!
(On the other side of the gift spectrum: Top 10 Ridiculous Luxury Gifts: 2017)
1. NYSE Holiday Ornament
What better way for a financial professional to decorate a holiday tree than with a New York Stock Exchange ornament from the official NYSE gift store? It shows a hand-painted scene of the NYSE building, printed on a white ball. Ceramic ball is 3” in diameter. Ornament comes in a red fabric gift box. Price is discounted to $15.
2. Generational Approach to Investing
To get a better understanding of younger – and even older – clients, a book, “The Gen-Savvy Financial Advisor,” has been revised and updated. Written by Cam Marston, it discusses attitudes about investing along generational lines. Whole chapters are devoted to four generations: matures, baby boomers, generation Xers, and millennials. Price is $20.
3. Barbeque Apron for Financial Advisors
Wearing this barbeque apron makes it clear that you really are, “the world’s greatest financial advisor.” Made from heavy cotton twill, it measures 31" long and 29" wide to catch spills and splatters. It is machine washable in cold water, tumble dry on low. The apron is available in white, khaki and lemon. It sells for $23.99 on the CafePress website.
4. Different Voices, Diverse CEOs
Now in paperback, “The New CEOs: Women, African American, Latino, and Asian American Leaders of Fortune 500 Companies,” by Richard L. Zweigenhaft and G. William Domhoff at Rowman & Littlefield, looks at women and people of color leading Fortune 500 companies. Though there is room for improvement, the authors explore the factors that have helped these new CEOs achieve success and their impact on the business world and society more broadly. It sells for $34, paperback.
5. Talking More Openly About Finances
A new book, “Breaking Money Silence: How to Shatter Money Taboos, Talk More Openly About Finances, and Live a Richer Life” by Kathleen Burns Kingsbury, a wealth psychology expert, examines the taboo of money – in her fifth book. She looks at perspectives from women, couples, parents, children and wealth advisors. She empowers her readers to live financially happier and healthier lives. The hardcover edition sells for $37.00.
(Read an interview with Kingsbury on ThinkAdvisor)
6. Privacy Filter for Laptops
Keep client records confidential with a 3M Gold Privacy Filter for computers. If you view the screen from in front, it provides greater clarity and a sharper image when compared to standard filters. Curious eyes from the side only see a gold shield. Specifically, it provides privacy outside the 60-degree center viewing angle. It sells on average for $40.00 for standard 14” laptops.
7. Remote Presentation Device
Financial professionals will find Logitech Spotlight, a remote presentation device, useful – and it makes it easier to navigate slides and interact with on-screen content from up to 100 feet away. With the advanced pointer system, users can highlight and magnify points on a slide in detail. Spotlight also has mouse-like cursor control to play videos and open links. Spotlight connects to a laptop or PC via USB receiver or Bluetooth. Currently available in gold, slate or silver, there is also a limited red edition available on Logitech.com. It sells for is $129.99.
8. Encryption Improves Cybersecurity
Looking for an encrypted USB to protect against future breaches? Kingston's IronKey Basic S1000 USB Flash Drive uses USB 3.0 performance to integrate military-grade 256-bit AES hardware-based encryption in XTS mode and an on-device Cryptochip encryption key management to serve as dual layer protection. Its epoxy filled rugged anodized aluminum case construction creates another layer of physical tampering security. The drive locks down and reformats after 10 failed intrusion attempts. Pricing starts at $139.00 for 4GB.
9. Bull & Bear Cufflinks
Whether during the workday or for evening events, these Bull and Bear cufflinks from David Donahue show a commitment to the ups and downs of the stock market. They come in either gold-plated sterling silver or sterling silver, and each link is about an inch wide. They are made in the United States and sell for $165 a set.
10. Tiffany Money Clip
When you don’t want to take out a wallet, consider this Tiffany & Co. tread plate money clip. The piece is a new design and made of sterling silver, though money clips are not new to Tiffany. It is 3 inches long by 1 inch wide. It sells for $250.00.
11. Gucci Card Case
Be ready to give out a business card to a new prospect from this Gucci GG Marmont card case. Made of matelassé leather, it features two flat pockets, one zip pocket, a snap closure, and measures, when closed, 4.5"W x 3.5"H x 1"D. It comes in several colors and patterns including red, black, nude and light pink, and sells for $420.
12. Padded Computer Bag
Filson’s Padded Computer Bag is made with rugged twill, a fabric that resists water and wear. The interior has three dividers and a padded section for storing a laptop. The adjustable bridle leather shoulder strap can be removed when you want to carry it by hand. It also features an external zippered pocket. The computer bag sells for $425.
--- Related on ThinkAdvisor: Top 10 Ridiculous Luxury Gifts: 2017