Nerd's Eye View

NOVEMBER 6, 2023

This month's edition kicks off with the news that Practice Intel has launched a new "growth platform" centered around quantifying the quality of an advisor's client relationships with an all-in "Relationship Quality Index" (RQI) – which while potentially valuable in helping advisors understand and improve their client experience (and subsequently (..)

Valuation 98

Valuation Compliance Practice Management Technology 98

Nerd's Eye View

MAY 5, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week’s edition kicks off with the news that the House Financial Services Committee unanimously passed a bill that would direct the SEC to conduct a study and carry out a rulemaking on the definition of a "small entity" to reduce the compliance burden on small businesses, (..)

Practice Management 98

Practice Management Compliance Numbers Investments 98

Nerd's Eye View

SEPTEMBER 6, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that the Treasury Department has finalized rules requiring most SEC-registered RIAs to implement risk-based Anti-Money Laundering and Countering the Financing of Terrorism programs, including a requirement to report suspicious (..)

Treasury 98

Treasury Tax Planning Practice Management Compliance 98

Nerd's Eye View

MAY 3, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study indicates that nearly a third of advisors in the independent broker-dealer channel have considered transitioning to the RIA channel during the past year as they seek higher payouts and not just "independence" but (..)

Healthcare 98

Healthcare Construction Practice Management Leverage 98

Nerd's Eye View

FEBRUARY 2, 2024

Also in industry news this week: A recent study from advisor digital marketing firm Snappy Kraken suggests firms that invest in Search Engine Optimization (SEO), have a regular cadence of emails to their subscriber list, and include video content in these messages tend to get greater returns from their marketing efforts CFP Board has created a guide (..)

Practice Management 98

Practice Management Education Compliance Investments 98

Nerd's Eye View

APRIL 22, 2024

Notably, different affiliate platforms have different payout rates; those that pay out the most (and thus have the lowest fees) tend to cover relatively few functions such as compliance and technology, while those that pay out the least (and therefore have the highest fees) cover a significant amount of the advisor's overhead costs.

Compliance 98

Compliance Leverage Practice Management Numbers 98

PYMNTS

OCTOBER 1, 2020

“This level of insight promotes a positive patient experience and advances a streamlined practice mentality that saves time, money, resources, and perhaps lives in the process.”. As medical billing staff enter a patient’s address, a green indicator light flashes on when it passes muster with the Melissa address verification system.

Healthcare 74

Healthcare Practice Management Compliance Sales 74

Nerd's Eye View

MARCH 13, 2023

In practice, support services from advisor platforms might include a wide range of consulting services – from compliance to an advanced planning team, operations to technology – that advisors could engage for a fee as needed.

Technology 98

Technology Compliance Planning Economics 98

PYMNTS

DECEMBER 7, 2020

Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending. ImagineTime, Mango Billing Partner On Digital Accounting.

B2B 63

B2B Finance Practice Management Invoicing 63

Nerd's Eye View

JULY 22, 2024

Although many advisory firms start out with a single person handling all the work of advising clients, bringing in new business, and managing operations and compliance, there's a limit to how many hours any one person can work, which also means that there's a cap on the amount of client growth a solo advisor can achieve before running up against their (..)

Communication 98

Communication Compliance Practice Management Numbers 98

CFO Share

MAY 6, 2024

Shopify) Construction requires job costing Retail requires inventory management Clinicians require HIPPA compliance Professional service providers require integrated practice management systems More features mean a more expensive, complex, and boutique system. Others do not.

Practice Management 52

Practice Management Manufacturing Accounting Construction 52

Nerd's Eye View

JUNE 26, 2023

And when the acquiring firm is much larger than the selling firm, the much more rigid structure of the larger firm (particularly relating to compliance and personnel management) will almost inevitably conflict with a previously independent firm owner who is used to making their own decisions.

Planning 98

Planning Compliance Sales Technology 98

Regent Assay

OCTOBER 27, 2022

BTCSoftware is a multi-award-winning tax software solution which helps accountants to streamline and simplify tax and compliance work. Bright is a UK and Ireland-based accounting, practice management and payroll software provider. BTCSoftware was founded in 1999 by Rob Ellis and Ian Katté.

Practice Management 52

Practice Management Compliance Accounting Accounting Firms 52

Nerd's Eye View

FEBRUARY 14, 2023

In this episode, we talk in-depth about how Jim built Sanctuary’s “Partnered Independence” platform for advisors who want to run their own practices serving HNW clients while leveraging Sanctuary Wealth’s support system that offers technology, compliance, practice management and training groups, digital marketing, and even ultra-HNW (..)

Benchmarking 52

Benchmarking Compliance Practice Management Leverage 52

CFO News Room

DECEMBER 3, 2022

From there, we have several articles on practice management: The three essential skills firm owners need to build the right team, including why it is important to always be on the lookout for potential employees. Why wrap fee programs appear to be in the crosshairs as the SEC begins to enforce Reg BI.

Communication 130

Communication Investments Planning Marketing 130

CFO News Room

DECEMBER 27, 2022

John: I probably will end up, this is a part of my practice management, if you would, working with my coaches internally without our broker dealer, if you would, is obviously we have to go through a segmentation period, figure out which one, where is that delivery initially? Get yourself into the AUM model.

Mergers and Acquisitions (M&A) 130

Mergers and Acquisitions (M&A) Planning Marketing Securities 130

CFO News Room

DECEMBER 10, 2022

From there, we have several articles on practice management: Why creating a defined employee value proposition could be the key for RIAs to attract and retain talent in the current tight labor market. a Roth option or company match), or offering guidance to ensure the plan remains in compliance with relevant regulations.

Mergers and Acquisitions (M&A) 130

Mergers and Acquisitions (M&A) Planning Valuation Accounting 130

CFO News Room

NOVEMBER 29, 2022

How does the estate-planning practice weave in in practice? Anh: So, it is a separate practice. So, compliance requires us to keep our financial-planning practice and our estate-planning practice separate. So, it’s still separate and compliance does not allow us to cover estate-planning fees.

Leverage 130

Leverage Planning Concentration Tax Planning 130

Nerd's Eye View

JANUARY 3, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with a recent survey indicating that a majority of advisors are viewing new client acquisition as their primary challenge in the current competitive environment for financial advice (followed by compliance and technology management) and suggests (..)

Practice Management 98

Practice Management Valuation Compliance Planning 98

CFO News Room

NOVEMBER 19, 2022

We also have a number of articles on practice management: Why looking inward at their leadership style can be one of the best ways for firm leaders to prevent employee turnover. How advisors can help their clients turn their HSAs into wealth-building machines. chocolates or a bottle of wine), to the promotional (e.g.,

Planning 130

Planning Leadership Accounting Healthcare 130