How Financial Planning Improves Investors’ Bottom Lines
My financial planning "software" stress-tests a client’s portfolio by calculating their federal and state tax burden for years to come.
Should I Stay or Should I Go (Independent)?
There are a lot of issues to consider before making the move from a wirehouse or bank to an independent advisor.
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.
Financial Planning Software Tradeoffs: My Experience
I considered using a different financial planning software package, but decided to stay with my current software. Here’s why.
Why It’s Called the Web, Plus How I Use Insurance to Update Clients’ Financial Plans
Mike Patton discusses how he's enhancing his website, and how he updates financial plans with an eye toward life insurance.
Temperament & Tools
When you consider the financial planning industry as a profession, the future is extremely bright. This is partly because the financial planner is the only...
On Monte Carlo, E-Mail, and E&O
What a week! I had several appointments that were very productive. I was also working feverishly to tie up some loose ends before I set...
No Trust, No Relationship
Last week was a very interesting one. It consisted of appointments with prospective clients, centers of influence, and a business trip to California. What was...
Of Webinars and Postcards
Last week I wrote about my upcoming Webinar and some marketing plans. Here's how those two items have developed. Webinar Update The Webinar was held last Wednesday...
A Monte Carlo Case Study
Recently, a client brought a life insurance illustration to me that he had received from his insurance agent. The insurance company illustration projected that if...