Welcome back to the 374th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Dianne Nolin. Dianne is the Managing Partner of Argent Bridge Advisors, a hybrid advisory firm based in Vienna, Virginia, that oversees $500 million in assets under management for 350 client households. What’s unique about Dianne, though, is […]
Archives for February 2024
IRS donor-advised fund proposal could have ‘chilling effect’
Planners who recommend the increasingly popular charitable vehicles could face penalties for what’s currently a pretty common practice in the industry, experts say.
How to Know If Your Business Is Profitable This Very Second
It’s important to periodically take stock of your business status, but don’t wait until the end of the quarter or Tax Day to know. Too many decisions you need to make depend on your profitability. Here are things you should be doing regularly so that when you need to know where you stand, you know.
KPIs To Track Your Advisor Marketing And Figure Out What’s Actually Working (Or Not)
In the early days of the financial advice industry, an advisor’s options for generating new business were somewhat limited. Cold calls, country club memberships, Chamber of Commerce networking, and referrals (from clients or centers of influence) were staples for growth, and determining how successful those sales-centric efforts were was rather straightforward. Over the years, though, […]
Manufacturers Coalition Adds Accountant to Staff – businessjournaldaily.com
Manufacturers Coalition Adds Accountant to Staff businessjournaldaily.com
QBI tax break — should it stay or should it go?
The 20% deduction for the qualified income of pass-through entities has strong supporters and critics. Here’s how tax experts say it could play out if made permanent.
Weekend Reading For Financial Planners (February 24-25)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that while both the total number of RIAs and advisor headcount have seen significant gains in recent years, client assets remain concentrated among the largest firms, according to data from Cerulli Associates, with the 7% of […]
15 Important Signs That You Need a New Bookkeeper
A robust business requires healthy finances. To have an accurate idea of how your business is doing and how to move forward, you need the correct data—the kind of data a good bookkeeper can provide. Your bookkeeper takes care of income and expenses and categorizes them properly. They also prepare your books before tax season […]
LPL adding $16B Wintrust program in recruiting grab from Wells Fargo
The firm’s big tech investments and history working with banks attracted Wintrust, the CEO of its wealth division told FP.
Editor’s Comment: A duty to think again
As the next stage of the FCA’s Consumer Duty looms in July – when legacy products and sales will be included – some new research suggests the Duty may be rather more of a burden on Financial Planners and advisers than first thought. In addition, there are also signs that many consumers, more than seven […]