Welcome everyone! Welcome to the 423rd episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Cristina Livadary. Cristina is the CEO of Mana Financial Life Design, an RIA based in Los Angeles, California (but works virtually with clients nationwide), that oversees approximately $70 million in assets under management for 119 client […]
Holistiplan’s Fee Increase Sparks Competition From FP Alpha And RightCapital (And More Of The Latest In Financial #AdvisorTech – February 2025)
Welcome to the February 2025 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month’s edition kicks off with the news that FP Alpha has released its tax return […]
Weekend Reading For Financial Planners (February 1–2)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that following the change of administration (and a new incoming chair of the SEC), the Investment Adviser Association is seeking to find ways to help RIAs (particularly smaller firms) manage the compliance responsibilities they face. Which […]
How RIAs Can Craft An Effective Operating Agreement That Aligns Owners’ Interests And Mitigate Risks
As a foundational document, the operating agreement is essential for RIA firms. When thoughtfully drafted, it aligns the interests of the firm’s owners, sets clear expectations for operations, and establishes how profits will be distributed. While some RIA owners might be tempted to prioritize moving quickly to the more enjoyable work of providing financial advice, […]
#FASuccess Ep 422: Developing Your Leadership Skillset On The Path From Intern To President Of A $13B AUM Enterprise, With Kay Lynn Mayhue
Welcome everyone! Welcome to the 422nd episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Kay Lynn Mayhue. Kay Lynn is the President of Merit Financial Advisors, a hybrid advisory firm based in Alpharetta, Georgia, that oversees approximately $13 billion in assets under management for 26,000 client households. What’s unique about […]
Automation Strategies, Costs, And ROI: How I Leveraged Zapier To Streamline Lead Management
Operating a financial advisory firm often requires managing large amounts of data, from prospective client contact details to current clients’ investment performance, which can create bottlenecks as advisory firms scale and their data systems multiply. The process can be particularly time-consuming when data is stored across multiple systems (or, worse, on paper) and must be […]
Weekend Reading For Financial Planners (January 25–26)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that while overall financial advisor headcount remains relatively flat, the RIA channel continues to gain share in terms of both headcount (as brokers break away to start their own independent firms and aspiring advisors seek positions that […]
Kitces & Carl Ep 156: How Are You Getting Value Out Of ChatGPT As A Financial Advisor?
Since the emergence of Artificial Intelligence (AI) in the mainstream technological landscape, conversations about which areas of the financial planning industry would be most likely impacted by AI have proliferated. These discussions have ranged from questioning whether everyone would be out of a job in five years to wondering if anything of substance would change […]
What’s ahead for your business in 2025?
As 2024 came to a close, Xero surveyed small business owners to find out how they were feeling, what was driving their positive or negative outlook, and how recent interest rate cuts had impacted their business.1 As Xero’s economist, I’ve reviewed the results and dusted off my crystal ball to bring you my thoughts on […]
Outlook for 2025: A roadmap for small businesses
It’s a new year for businesses across Australia, and you may be looking to jump-start the engine that once ran smoothly in 2024. With 12 months ahead of you, the best way to get underway is through proper planning with a roadmap. For any roadmap, it is important to have clear and achievable goals for […]