Executive SummaryWith the average age of a financial advisor over 50 and nearly 1/3rd of all financial advisors projected to retire in the next 10 years, there is a rapidly rising demand for next-generation talent to replace them. And the demand is only further amplified by the ongoing...
Executive SummaryEnjoy the current installment of “weekend reading for financial planners” – this week’s edition kicks off with the big news that the first independent study on the SEC’s proposed Form CRS disclosures on the relationship differences between working with an advisor or a broker… finds that not only...
Executive SummaryIn what is ostensibly an effort to increase consumer interest and access to investment opportunities, SEC Commissioner (and Chairman) Clayton has recently floated several ideas to ease the so-called “Accredited Investor” rules and limitations, which have come into sharp relief with a growing number of high-profile private...
Executive SummaryIn addition to having unique income-plus-appreciation-potential investment characteristics as an asset class unto itself, one of the primary benefits of directly investing in real estate is its favorable tax treatment, where capital gains are deferred until sold (and potentially further deferred with a 1031 exchange), and ongoing...
The Readers Have Asked, And So It Shall Be. At your request in the comments of last week’s What I Learned From A 7,000 Mile Train Journey (wow, what a response!), I’ve written today’s Part 2 of the “Train Adventure” Series, The Ultimate...
Executive SummaryWelcome back to the 89th episode of the Financial Advisor Success podcast.This week’s guest is Ric Edelman. Ric is the founder and executive chairman of Edelman Financial Services, a mega-independent RIA with more than $22 billion of assets under management with 165 advisors serving 36,000 clients across 43 office...
by Bob French, CFA September 10, 2018 Often the least sexy advice is the right advice. It’s not exciting, but it will accomplish your goals. This goes for investing, too. Think of your portfolio as a farm. You’ll have good years and bad years, but if you focus on the important...
Executive SummaryGiven how much a good and efficient financial advisor must rely on a team for support, making a good decision on hiring a new client service associate is critical. Unfortunately, though, finding a good – or better yet, great – client service associate can be a real...
Executive SummaryEnjoy the current installment of “weekend reading for financial planners” – this week’s edition kicks off with the recent announcement that President Trump has issued an Executive Order for the IRS and Department of Labor to review (and ease) the rules around Multiple Employer Plans (MEPs) as...
Executive SummaryLast week, President Trump signed an executive order, which directed both the IRS and DoL to review existing rules and limitations regarding how small businesses can team up to offer retirement plans to their employees through a shared (and hopefully more cost-effective) arrangement known as a Multiple...