Nerd's Eye View

DECEMBER 25, 2023

Each week in Weekend Reading For Financial Planners, we seek to bring you synopses and commentaries on 12 articles covering news for financial advisors including topics covering technical planning, practice management, advisor marketing, career development, and more.

Practice Management 98

Practice Management Tax Planning Planning Securities 98

Nerd's Eye View

JULY 5, 2024

Supreme Court decision shifting authority to interpret laws passed by Congress from Federal agencies to the judicial system could have significant impacts on regulation of the financial advice industry, including the potential for additional legal challenges to regulations from the Securities and Exchange Commission (SEC), the Department of Labor (DoL), (..)

Practice Management 98

Practice Management Valuation Budgeting Securities 98

Nerd's Eye View

JANUARY 12, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Securities and Exchange Commission this week authorized 11 Spot Bitcoin Exchange-Traded Funds (ETFs), which could provide financial advisors and their clients with a convenient way to invest in the cryptocurrency without (..)

Practice Management 98

Practice Management Budgeting Communication Securities 98

Nerd's Eye View

JANUARY 6, 2023

A recent study shows how delaying Social Security benefits typically leads to greater lifetime wealth than claiming benefits early in order to reduce portfolio withdrawals. Why ‘failure’ scenarios in Monte Carlo simulations are very different than plane crashes.

Practice Management 98

Practice Management Auditing Planning Investments 98

Nerd's Eye View

MAY 5, 2023

Also in industry news this week: Legislation working its way through Congress would allow for electronic delivery of documents to clients of advisors and other financial services firms by default, though it has been met with some opposition While RIAs have outpaced wirehouses in terms of client asset growth and headcount, industry consolidation has (..)

Practice Management 98

Practice Management Compliance Numbers Investments 98

Nerd's Eye View

SEPTEMBER 9, 2022

From there, we have several articles on practice management: A new company aims to train the next generation of planners and provide a valuable outsourced service to advisory firms. The options available to clients who want to reverse their decision to start claiming Social Security benefits.

Practice Management 98

Practice Management Education Planning Securities 98

Nerd's Eye View

MARCH 3, 2023

Also in industry news this week: A recent FINRA arbitration ruling reaffirmed the ability of brokers operating in the independent broker-dealer model to take their clients with them when they change firms A bipartisan group of U.S.

Practice Management 96

Practice Management Leverage Economics Securities 96

Nerd's Eye View

DECEMBER 2, 2022

This increased demand could be particularly acute among younger investors (who might be experiencing an inflationary environment and sustained market downturn for the first time) and those nearing retirement (who might seek professional guidance to ensure their retirement plan is secure).

Practice Management 96

Practice Management Planning Securities Numbers 96

PYMNTS

DECEMBER 6, 2020

Practice management software provider ImagineTime , which works with accounting firms, has partnered with Mango Billing for a "next-generation practice management solution," according to a press release.

Accounting 67

Accounting Practice Management Invoicing Accounting Firms 67

Nerd's Eye View

JULY 28, 2023

Also in industry news this week: The SEC released a proposal that would require firms to take steps to eliminate or neutralize conflicts of interest when using predictive data analytics tools with clients A recent study found that financial advisors remain the top source of financial advice for consumers, with social media coming in well behind From (..)

Benchmarking 98

Benchmarking Practice Management Securities Numbers 98

Nerd's Eye View

SEPTEMBER 1, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Massachusetts Supreme Judicial Court ruled that the state's fiduciary rule for broker-dealers can stand, potentially opening the door for other states to impose similar standards that exceed the requirements of the Securities (..)

Strategic Planning 98

Strategic Planning Construction Practice Management Communication 98

Nerd's Eye View

APRIL 7, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the T3/Inside Information Software Survey is available, providing insights into which technology tools advisors use and their level of satisfaction with them, which highlighted the continued rise of specialized financial planning (..)

Prioritization 98

Prioritization Practice Management Auditing Communication 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

PYMNTS

SEPTEMBER 27, 2020

We believe that solutions which integrate and automate billing, invoicing, and electronic payments will deliver stronger, more efficient receivables management, particularly since most small businesses still process paper checks,” he said, according to the release.

Practice Management 64

Practice Management B2B Invoicing Accounting Firms 64

PYMNTS

DECEMBER 7, 2020

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. MonetaGo, GUUD Team On Secure Transactions. Today in B2B payments, Revolut launches a new solution for its business customers, and MonetaGo collaborates to combat trade finance fraud.

B2B 63

B2B Finance Practice Management Invoicing 63

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

DECEMBER 1, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the U.S. Supreme Court heard arguments this week in the case of SEC v.

Benchmarking 98

Benchmarking Communication Practice Management Securities 98

PYMNTS

OCTOBER 1, 2020

As reported earlier in this space, dealmaking to date in 2020 has included eCommerce-as-a-Service firm Mirakl securing a $300 million investment, and payments firm Zoop securing a $10.85 The news came against a backdrop where other announcements and activities have illuminated the attractiveness of B2B FinTech as an investment space.

B2B 56

B2B Invoicing Practice Management Reconciliations 56

PYMNTS

DECEMBER 24, 2020

Dental practices could benefit if more insurance companies delivered electronic payments, however. These practitioners receive funds more swiftly and securely when the money is delivered via ACH and electronic funds transfers (EFTs), and Schoen said those methods also make it easier to process the associated data.

B2B 102

B2B Healthcare Practice Management Planning 102

Nerd's Eye View

AUGUST 28, 2023

Good-Til-Canceled or Good-Til-Date orders) for non-mutual-fund securities will be canceled and will need to be re-ordered after the conversion. And any changes made between now and the conversion date of Labor Day weekend likely won't carry over, meaning they would need to be re-implemented once the transition is complete.

Accounting 98

Accounting Securities Planning Practice Management 98

Nerd's Eye View

OCTOBER 14, 2024

And by establishing themselves in a niche that reflects their interests and expertise, advisors can enjoy a more fulfilling career as they refine their niche expertise while helping secure the firm’s long-term growth and overall success! Read More.

Strategic Planning 98

Strategic Planning Sales Planning Budgeting 98

PYMNTS

MAY 25, 2018

The group recently launched its Trusted Exchange Accreditation Program to “leverage existing industry-wide identity verification, authentication and privacy/security frameworks and best practices in use across the ecosystem,” according to a press release.

Healthcare 66

Healthcare Technology Practice Management Forecasting 66

CFO News Room

DECEMBER 3, 2022

This increased demand could be particularly acute among younger investors (who might be experiencing an inflationary environment and sustained market downturn for the first time) and those nearing retirement (who might seek professional guidance to ensure their retirement plan is secure). And according to C. Pat Cleary | Alpha Architect).

Communication 130

Communication Investments Planning Marketing 130

VCFO

NOVEMBER 4, 2022

This article was co-authored by Ashford Chancelor , Dallas Practice Manager & Consulting CFO with vcfo, and Paul Hagerty , Sr. Inventory, marketable securities, and other assets have still different liquidity characteristics and variables at play. People Operations/HR Consultant in vcfo’s Dallas market.

Concentration 75

Concentration CFO Strategic Planning Practice Management 75

PYMNTS

JUNE 19, 2018

.” That buying cycle could offer smaller industry competitors a chance to secure new clients. Reports said Karbon is also looking at MYOB’s practice management customers, following its poaching of former MYOB sales executive Richard Snell, who will lead Karbon’s Asia Pacific business development.

Accounting 40

Accounting Startups Practice Management Planning 40

PYMNTS

APRIL 19, 2017

According to Sage’s survey, more than half (57 percent) of accountants say their companies invest in technology, including the cloud, and two-thirds said they have adopted a cloud-based practice management solution.

Accounting 47

Accounting Cash Management Practice Management Technology 47

PYMNTS

SEPTEMBER 9, 2016

brands in a stronger position to retain customers,” Saima Alibhai, practice manager of professional services with Bronto Software, told BizReport. . “Understanding what consumers want and finding ways to enhance the benefits of shopping in the home market will put U.K. ”

Practice Management 40

Practice Management eCommerce Retail Securities 40

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. This can help identify triggers for overspending activity (in Newcomb’s case, these include feeling bored, depressed, or insecure).

Mergers and Acquisitions (M&A) 130

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

CFO News Room

DECEMBER 27, 2022

We’re not going in there and, “What’s your date of birth, first and last name, your Social Security number? John: Securities America. Michael: Okay, and so is the fee-based side under Securities America RIA, or do you have your own outside? We’ve gone through a whole practice management advisory group.

Mergers and Acquisitions (M&A) 130

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

CFO News Room

DECEMBER 20, 2022

And so, I started then providing educational meetings on social security, and Medicare, and other topics, state planning. If I helped somebody make some social security and Medicare decisions, then they were asking me if they could roll money over and raising their hand. Who comes to a conversation about social security and Medicare?

Education 130

Education Planning Numbers Securities 130

CFO News Room

NOVEMBER 29, 2022

And so, we really do year-end tax planning just to kind of, “Let’s see where the year’s been, you’ve taken your income from your social security, your pension, your annuity, and now here’s what your taxes look like.” ” Right? I have quite a few different study groups that I’m a part of.

Leverage 130

Leverage Planning Concentration Tax Planning 130

Nerd's Eye View

MARCH 1, 2024

Nevertheless, given the contentious nature of the proposal as it currently stands (with the brokerage and insurance industries levying heavy criticism of the rule), its ultimate fate (including whether its scope might be narrowed) is likely to be determined in the courts.

Practice Management 98

Practice Management Securities Planning Accounting 98

CFO News Room

NOVEMBER 28, 2022

Many of these value-adds begin well before the client retires, such as whether contributions to traditional or Roth accounts would be optimal in a given year and reviewing their annual Social Security statement. Of course, one of the major questions from clients that advisors often answer is, “When can I retire?”

Tax Planning 130

Tax Planning Planning Investments Profit and Loss 130

Nerd's Eye View

MARCH 15, 2024

While the final submitted text has not been released, some experts suggest that the DoL likely made few changes to its initial proposal, despite significant opposition from broker-dealers that could lead to the judicial system deciding the rule’s ultimate fate.

Tax Planning 98

Tax Planning Practice Management Budgeting 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. While SECURE 2.0 a fireproof document safe that reminds the client of the ‘security’ the advisor brings to the client’s life).

Planning 130

Planning Leadership Accounting Healthcare 130

CFO News Room

DECEMBER 17, 2022

From there, we have several articles on practice management: Why it is important for advisors charging on a fee-for-service basis to regularly reassess their pricing, and best practices for letting current clients know about a fee increase.

Planning 130

Planning Education Investments Benchmarking 130

Nerd's Eye View

MARCH 15, 2024

While the final submitted text has not been released, some experts suggest that the DoL likely made few changes to its initial proposal, despite significant opposition from broker-dealers that could lead to the judicial system deciding the rule’s ultimate fate.

Tax Planning 52

Tax Planning Practice Management Budgeting Planning 52