wealth management
Guiding Clients Through End-of-Year Charitable Giving
When it comes to your clients, you want to be their one-stop source for guidance. Not only do you help with planning their futures, but also often with questions around other topics, including tax implications and potential charitable contributions. Heading toward the end of the year is an excellent time for clients to consider giving…
Read MoreSuccession Planning for Financial Advisors- Start with the end in Mind
Succession Planning What is succession planning? Why is it so important? What steps will you need to take to ensure the future of your clients, your team, and your business? We’ve all heard the staggering numbers that there are more advisors over the age of 70 than under 50. If we’re not careful, we’ll see…
Read MoreA Step By Step Guide to Building, Managing and Growing an Advisory Practice
Starting and running a financial advisory business can be hard. If you’re like me, it can seem like you spend much more time focusing your attention on the planning and management of your business than you do developing and implementing financial plans for your clients. Is that the reason you became an advisor in the first place? I doubt it. Now, more than ever, we’re forced to wear multiple hats. If some of the daily task of running your business isn’t something you enjoy, rest assured, you’re not alone.
Read More6 Ways Young Financial Advisors Can Gain Credibility with Older Clients
We’ve all been there before: you’re young, maybe you just graduated, maybe this is your first job out of college. In many cases, you’re younger than the clients you’re advising. For many financial advisors just starting out, age is more than just a number, it’s a potential roadblock when it comes to connecting with older clients. When it comes to clients’ assessment of financial advisors, there seems to be an age bias, or at the very least, a perceived notion that young advisors don’t have the skills
Read MoreYou Need a Niche – How to Specialize with Post-CFP Designations
There are a lot of financial advisors in the market. It’s a crowded field. Lately, the Certified Financial Planner (CFP) designation has transitioned from a “nice to have” credential to quickly become the minimum standard for many financial advisors. But, while it’s great to have earned it, having those coveted “CFP” letters is no longer the differentiator that it once was. So, what comes after your CFP? How do you stand out in a field that’s already crowded with talented financial planners?
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