Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that according to a recent study by DeVoe & Company, only 42% of RIAs surveyed have written succession plans and either have begun to implement them or have already done so. The report suggests this might […]
Archives for December 2024
How Fifth Third’s RIA is mining private banks to build $10B in AUM
Fifth Third Wealth Advisors President Eric Housman thinks his bank’s $2 billion advisory practice still occupies a distinct position in the industry. But it’s not likely to stay that way.
Scam-fighting pensions body faces uncertain 2025
The Pension Scams Industry Group (PSIG), a voluntary body created by the pensions sector to combat pension scams, is facing an uncertain future.
4,409 complete tax return on Christmas Day
HMRC data published today has revealed that 40,072 people completed their tax return over the Christmas break with 4,409 submitting their returns on Christmas Day.
Kitces & Carl Ep 154: The Limits Where Technology Can’t Scale Financial Planning Advice
Just a few decades ago, giving financial advice was largely a manual process – printing lengthy financial plans, processing physical checks, and managing paper files. Then, technology evolved, introducing tools like Excel, the internet, and sophisticated financial planning and CRM software that transformed how advisors deliver financial advice. Today, AI is poised to drive another […]
Why Don’t Prospects Commit? How “Negative Close” Can Be A Powerful Way To Help Prospects Move Forward
The core question in the prospecting process is often one of mutual fit – balancing personality compatibility with the advisor’s value proposition versus the problem to be solved. The typical prospecting process involves multiple meetings, and a fairly common response for advisors to hear after giving their ‘pitch’ is that the client needs some extra […]
AI-washing, elder fraud, reg rollback: 5 big compliance trends in 2024
Industry watchdogs stayed busy trying to root out elder fraud and off-channel communications while plaintiffs lawyers’ questioned firms’ sweeps policies and regulators’ basic authority.
Does crypto belong in retirement portfolios in 2025?
As Americans prepare for a more crypto-friendly government, do digital currencies deserve a place in their nest eggs?
Here’s why business leaders are spending big on Trump’s inaugural committee
Donations to President-elect Donald Trump’s inaugural committee offer a “unique opportunity” to curry favor with the White House, experts told CNBC.
#FASuccess Ep 417: Establishing Your Authority As An Expert By Following A Short Book Formula For Authorship, With Paul G. McManus
Welcome everyone! Welcome to the 417th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Paul G McManus. Paul is the CEO of More Clients More Fun, a marketing company that helps financial advisors conceptualize and publish their own book in a consolidated 6-week process. What’s unique about Paul, though, is […]