Fiduciary-Only Advisors: Of Attorneys, 'Agents' and Schmucks
Readers of my recent blogs had some interesting responses (with colorful language) about the viability of my suggested designation of 'Fiduciary-Only Advisors.'
Advisor: Do You Have An Abundance or a Scarcity Mindset?
What's true for clients is true for advisors. How you view the world--with an abundance or a scarcity mindset--makes a difference in your behavior. Choose.
Don’t Take Retirement Advice From the Social Security Administration
It’s not that SSA employees won’t—it’s that they can’t give advice on how and when to claim benefits, so make sure you give clients the proper benefits claiming advice.
Using Qualified Plan Dollars to Buy Life Insurance
For your small-business-owner client, this strategy can ease the transition of the business upon the owner’s exit. Watch the details, however, especially on taxation.
Factoring Medicare Part B Premiums Into Financial Plans
Since I’ve built my own financial planning software, I can forecast clients’ Medicare Part B premiums as part of their future expenses in retirement.
The Four Traits of the ‘Perfect Advisor’
While investors may have a hard time finding "perfect" advisors, is there another trait they should be seeking?
3 Key Steps to Jump-Start Your Business Using Social Media
Advisors who set aside just a small amount of time can maintain their social media presence and reap the rewards of new clients.
Aging Clients Mean Booming Market for Liquid Alts
Older clients with lower risk tolerance are fueling the growth of liquid alternative mutual funds, but their promise also holds peril.
A 5-Step Process to Utilize Your Existing Technology: Level 3 – Building Processes Into Your CRM
In the third post in our series, we focus on how to build processes into your customer relationship management software. It's easier than it sounds.
Growing Your Advisory Firm by Recruiting the 'Right-Fit' Advisor
How to find and add the right advisor, experienced or young, to your firm for growth now and succession planning later.