Nerd's Eye View

MARCH 4, 2024

And be certain to read to the end, where we have provided an update to our popular "Financial AdvisorTech Solutions Map" (and also added the changes to our AdvisorTech Directory) as well!

Startups 80

Startups Investments Technology Numbers 80

Nerd's Eye View

DECEMBER 14, 2023

In our 127th episode of Kitces & Carl, Michael Kitces and client communication expert Carl Richards delve into Carl's latest project – the "50 Fires" podcast. While conversations between financial advisors and their clients often focus on the quantitative aspects of a client's financial life (e.g.,

Communication 81

Communication Finance Investments Numbers 81

Nerd's Eye View

JANUARY 25, 2024

Few service industries have as much potential to impact lives as financial advice, and it's that very ability for financial advicers to help their clients achieve positive outcomes that can often compound for decades and beyond that make the profession deeply satisfying for so many.

Education 80

Education Numbers Planning 80

Nerd's Eye View

APRIL 10, 2024

and 26.1%, respectively, historical "tendencies" don't always hold over shorter timeframes, prompting the question: How reliable are our assumptions around the long-term performance of stocks and bonds? There are several takeaways for advicers as they serve their clients. Read More.

Construction 96

Construction Investments Treasury Economics 96

The Reformed Broker

OCTOBER 28, 2023

ALERT: Michael, Barry, Ben and about twenty of our most highly skilled advisor / client service superstars are coming to North Carolina from November 6th through 8th to meet with clients and celebrate our new branch office in downtown Charlotte. I’ll be there too, of course.

Planning 67

Planning 67

Nerd's Eye View

DECEMBER 4, 2023

And for #AdvisorTech companies who want to submit their tech announcements for consideration in future issues, please submit to TechNews@kitces.com !

Leadership 86

Leadership Planning Technology Numbers 86

Nerd's Eye View

OCTOBER 5, 2023

For many financial advisors, financial planning advice traditionally focuses on optimization: tax-efficient, continually rebalanced portfolios are often designed to maximize a client's wealth throughout retirement. taking a sabbatical, using a reverse mortgage to fund a dream goal, transitioning their work/life balance).

Prioritization 90

Prioritization Communication Planning Securities 90

CFO News Room

DECEMBER 14, 2022

As a result, people are often reluctant to make decisions when doing so would result in a significant change; this can result in ambivalence about taking action to make improvements in one’s life – including the types of financial decisions that advisors work with their clients to make. Author: Meghaan Lurtz, Ph.D., Team Kitces.

Planning 130

Planning Numbers Communication Entertainment 130

Nerd's Eye View

SEPTEMBER 21, 2023

Regardless of the size of a financial advisory firm, clients are a constant necessity to sustain a profitable business. As a starting point, there are unconventional marketing principles that can help advisors who do not want to engage in traditional marketing campaigns to effectively attract and acquire clients.

Profit and Loss 87

Profit and Loss Advertising Communication Marketing 87

CFO News Room

JANUARY 2, 2023

Raymond James launches ‘Opportunities’ as the latest competitor to facilitate ‘Next Best Conversation’ insights to help their advisors engage with the right clients at the right time for the most meaningful conversations. niche) clientele.

Technology 130

Technology Numbers Banking Marketing 130

Nerd's Eye View

AUGUST 30, 2023

But in the financial advisory business, firms are typically less concerned about employees taking intellectual property (e.g., financial planning processes and other 'trade secrets') with them to a competitor and are more concerned about clients (and the revenue they bring in) following their (departing) advisor to their new firm.

Communication 83

Communication Leverage Planning Investments 83

Nerd's Eye View

SEPTEMBER 4, 2023

And for #AdvisorTech companies who want to submit their tech announcements for consideration in future issues, please submit to TechNews@kitces.com !

Startups 93

Startups Technology Investments Planning 93

Centage

NOVEMBER 3, 2022

Our company is headquartered in Toronto, Canada. Our partnership started over 5 years ago. Our primary focus is to assist our clients in achieving sustainable growth by creating an exceptional customer experience for their customers. Who are some of your notable clients? What industries are you focused on?

Budgeting 97

Budgeting Nonprofit Healthcare Forecasting 97

Nerd's Eye View

DECEMBER 15, 2023

Also in industry news this week: Most businesses that operate in the U.S., Also in industry news this week: Most businesses that operate in the U.S., Also in industry news this week: Most businesses that operate in the U.S., Also in industry news this week: Most businesses that operate in the U.S., Read More.

Concentration 95

Concentration Practice Management Treasury Numbers 95

Adam Kae

MARCH 12, 2024

The constant juggling act of acquiring new clients, retaining the existing ones, and trying to keep those revenue numbers in the green. Sales strategy, often overlooked, plays a pivotal role in our success. I've seen it firsthand: clients appreciate knowing what they're getting into from the start.

Sales 52

Sales CFO Communication Benchmarking 52

Barry Ritholtz

OCTOBER 11, 2023

We will be meeting with clients and hanging with the team from our Charlotte offices. We are also meeting prospective clients and interviewing a few new folks for the firm. This is the perfect opportunity to learn more about how we manage assets and develop financial plans for our clients, or just swing by and say “hello.”

Planning 56

Planning 56

Nerd's Eye View

MARCH 7, 2024

For many financial advisors, the traditional way of doing business has generally been based on a transaction-based service model involving functional solutions to clients' practical problems.

Planning 52

Planning Marketing Communication 52

Nerd's Eye View

JANUARY 1, 2024

And for #AdvisorTech companies who want to submit their tech announcements for consideration in future issues, please submit to TechNews@kitces.com !

Planning 87

Planning Compliance Technology Startups 87

Nerd's Eye View

NOVEMBER 2, 2023

Many financial advisors have found that serving a client niche not only helps them run a more efficient firm (as they work with clients facing similar planning issues), but also attracts more new clients (as they are able to offer a unique value proposition for clients within the niche).

Communication 73

Communication Leverage Planning Marketing 73

Barry Ritholtz

FEBRUARY 22, 2023

I do a quarterly update for RWM clients that covers the economy, the markets, and our portfolios every three months. It’s broad and is driven in large part by real-time events, along with the questions clients ask. This was a fun presentation to do – at about 5 minutes in, you just exhale and loosen up.

Marketing 118

Marketing Investments 118

Barry Ritholtz

FEBRUARY 21, 2023

You can stream and download our full conversation, including any podcast extras, on iTunes , Spotify , Stitcher , Google , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ ANNOUNCER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio. And 32 years later, here we sit.

Leadership 106

Leadership Investments Profit and Loss Technology 106

Nerd's Eye View

OCTOBER 2, 2023

Read the analysis about these announcements in this month's column, and a discussion of more trends in advisor technology, including: Brand design consultancy firm Intention.ly And for #AdvisorTech companies who want to submit their tech announcements for consideration in future issues, please submit to TechNews@kitces.com !

Communication 93

Communication Tax Planning Technology Planning 93

VCFO

NOVEMBER 7, 2023

A recent example of this occurred when a vcfo client was recording a substantial recurring quarterly fee with a major client (beyond the ongoing purchases of the client). Great clients are a real positive for a business until they represent too large a proportion of total revenue.

Valuation 86

Valuation Auditing Concentration CFO 86

Barry Ritholtz

APRIL 21, 2024

Dazed ) • What the Upper-Middle-Class Left Doesn’t Get About Inflation : Liberal politicians and economists don’t seem to recognize the everyday harms of rising costs. ( And deserves our compassion. All our secrets are the same.” trillion in client assets. It’s pretty much the human condition. His group manages $2.3

Entertainment 60

Entertainment Education Accounting Finance 60

Barry Ritholtz

APRIL 8, 2023

He “ always wonders about these accounting firms that reappraise price but not value; they reappraise price because they lack the tools to re-appraise value.” ” Buffett doesn’t have to worry about his clients asking tough questions because his clients are the actuarial tables.

Valuation 116

Valuation Corporate Finance Investments Finance 116

Nerd's Eye View

APRIL 20, 2023

In any business profession, establishing credibility and trust are important to attracting clients and building a reputation amongst colleagues. Traditionally, business attire for financial advisors meant wearing the typical suit and tie in all instances of client-facing activities. Read More.

Communication 89

Communication 89

Nerd's Eye View

MAY 1, 2023

This month's edition kicks off with the news that robo-advisor Betterment entered into a $9M settlement with the SEC for misrepresenting its tax-loss harvesting practices in its client agreements and marketing materials compared with its actual practices (e.g.,

Advertising 78

Advertising Planning Technology Investments 78

Nerd's Eye View

AUGUST 7, 2023

And be certain to read to the end, where we have provided an update to our popular "Financial AdvisorTech Solutions Map" (and also added the changes to our AdvisorTech Directory) as well!

Financial Planning and Analysis (FP&A) 85

Financial Planning and Analysis (FP&A) Planning Technology Compliance 85

E78 Partners

JUNE 12, 2023

. “This is the eleventh acquisition that E78 has made over the past three years and is a highly strategic acquisition that will expand our solutions for PE-backed companies.” We actively pursue collaborations with entrepreneurial businesses that resonate with our vision and augment our existing offerings.

Accounting Firms 52

Accounting Firms Finance Accounting Leadership 52

FISPAN

FEBRUARY 15, 2024

In this month’s employee spotlight, we’re getting to know Chris Lui, our Product Consultant. As part of the Service Operations team, Chris delivers presentations to our clients, demonstrating the ways in which our product can be beneficial to the company. What are you most passionate about at FISPAN?

Finance 52

Finance Communication Technology Accounting 52

CFO Simplified

MARCH 11, 2024

Lawyers are really good at taking care of their clients. Client Satisfaction: Law firms rely heavily on client satisfaction for not only repeat business and referrals, but also for collection of invoices that they’ve sent out. Data breaches can result in compromised client confidentiality, loss of trust, and legal liabilities.

Profit and Loss 52

Profit and Loss CFO Risk Management Invoicing 52

Nerd's Eye View

FEBRUARY 5, 2024

And for #AdvisorTech companies who want to submit their tech announcements for consideration in future issues, please submit to TechNews@kitces.com !

Planning 86

Planning Technology Numbers Marketing 86

Centage

NOVEMBER 21, 2022

G7 Tech Services aggregates data from across internal and external platforms into easy-to-understand, always-up-to-date dashboards for our clients to create instant reports and answer questions easily to support strategic decision making. Who are your clients and how do they benefit from your service and/or product offerings?

Problem Solving 98

Problem Solving Budgeting Pharmaceutical Forecasting 98

Barry Ritholtz

MAY 20, 2023

The firm manages about $145 billion in client assets and is the world’s largest publicly traded hedge fund. A list of her favorite books is here ; A transcript of our conversation is available here Tuesday. All of our earlier podcasts on your favorite pod hosts can be found here.

Compliance 118

Compliance Treasury Communication Investments 118

Nerd's Eye View

OCTOBER 20, 2022

In recent years, politically charged topics have become the forefront of news and media, and with the rise of access to digitally distributed media, it has become commonplace for clients to have concerns about the possible impact of political events on their portfolios.

Communication 80

Communication Investments Planning Marketing 80

Bramasol

SEPTEMBER 10, 2023

This new blog post in our ongoing series about the Digital Solutions Economy™ (DSE) looks at how new developments in Artificial Intelligence (AI) are impacting the ways that companies deploy and manage subscription-based, usage-based, entitlements, ratable, bundled, and other DSE offerings.

SAP 91

SAP B2C B2B Microsoft Office 91

Nerd's Eye View

AUGUST 24, 2023

However, when these aspirations are delayed or blocked by senior advisory firm partners who choose to delay their retirement plans, it can leave younger advisors frustrated and in a place of uncertainty about their futures with their firm.

Planning 90

Planning Communication 90