Nerd's Eye View

OCTOBER 14, 2024

Firms can help them create a strategic plan and offer mentorship to steer them in the right direction as well as the time, budget, and staff support they need to ensure they thrive in their new role. Sales and marketing may not come naturally to them – they've likely never done this before and need clear guidance.

Strategic Planning 98

Strategic Planning Sales Planning Budgeting 98

Nerd's Eye View

SEPTEMBER 11, 2023

creating a "Stop Doing" list) and then review the range of outsourcing partners, assessing their core proficiencies, fee models, rates, and company structures, to find the best fit for their work needs and budget.

Planning 98

Planning Budgeting Communication Practice Management 98

CFO News Room

NOVEMBER 14, 2022

She is the co-founder and President of Journey Strategic Wealth, a Registered Investment Adviser built for advisors seeking independence and full-fledged practice management support. She currently runs a weekly YouTube series called “Practice Management with Penny.”.

Practice Management 130

Practice Management Planning Communication Leadership 130

CFO News Room

DECEMBER 12, 2022

Kitces Courses , at $397 each (or $297 for Members), are a great way to use unused Education budget before the end of the year! Which is part of our longer-term effort with Kitces Courses to build programs that help financial advicers actually learn how to be advicers and engage with and deliver meaningful financial advice to clients.

Education 130

Education Planning Investments Profit and Loss 130

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. This year has seen inflation reach levels not seen for several decades, pinching the budgets of consumers.

Communication 130

Communication Investments Planning Marketing 130

Future CFO

APRIL 1, 2024

I also allocate some time to practice management, focusing on upskilling and developing new skillsets, or tweaking our risk management approach where appropriate. Most of my time is largely spent on doing client work, taking stock of the projects and deliverables, followed by interacting with our clients across the globe.

Risk Management 52

Risk Management Finance Practice Management Planning 52

CFO News Room

DECEMBER 20, 2022

” And so, a lot of it would be age-based, and so I would essentially say I can do a topic for people who are early-career, and I can talk about budgeting and debt reduction. And so, it’s essentially a six-person team, then, like founder, practice manager, CSA, two paraplanners, and you? Michael: Interesting.

Education 130

Education Planning Numbers Securities 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?

Mergers and Acquisitions (M&A) 130

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

Nerd's Eye View

AUGUST 23, 2024

District Court this week ruled that Missouri's rules that targeted investment advice based on factors other than return maximization was unconstitutional and preempted by Federal law, striking a blow against state efforts to regulate the activities of SEC-registered advisers From there, we have several articles on retirement: 7 factors that can help (..)

Prioritization 98

Prioritization Practice Management Budgeting Investments 98

Nerd's Eye View

MARCH 10, 2023

While the budget almost certainly will face stiff resistance in a divided Congress, proposals that could affect financial advisors and their clients include increasing the top income and capital gains tax rates, raising the Net Investment Income Tax rate and applying it to pass-through income, and increasing the amount of the child tax credit.

Tax Planning 98

Tax Planning Budgeting Practice Management Planning 98

Nerd's Eye View

MARCH 15, 2024

Also in industry news this week: CFP Board this week announced changes to its Sanctions Guidelines and revisions to its Fitness Standards that clarify the factors that determine how potential sanctions are determined and revise the framework use to determine whether a candidate is eligible to become a CFP certificant The Financial Services Institute (..)

Tax Planning 98

Tax Planning Practice Management Budgeting Planning 98

CFO News Room

NOVEMBER 28, 2022

Cash Flow Management. When consumers think about cash flow management, the word ‘budget’ might come to mind. But as advisors are aware, there is much more to cash flow management than analysis of regular inflows and outflows (and the less-fun activity of cutting back on spending in certain areas).

Tax Planning 130

Tax Planning Planning Investments Profit and Loss 130

The Finance Weekly

APRIL 13, 2022

Practice management softwares help create more efficient tax teams by simplifying activities such as assigning tasks, automating workflows, and getting approvals. Pixie and , AccountancyManager are a few of the leaders in accounting practice management softwares. 3) Diversify tax exposure. Conclusion.

Communication 52

Communication Practice Management Budgeting Forecasting 52

Nerd's Eye View

MARCH 15, 2024

Also in industry news this week: CFP Board this week announced changes to its Sanctions Guidelines and revisions to its Fitness Standards that clarify the factors that determine how potential sanctions are determined and revise the framework use to determine whether a candidate is eligible to become a CFP certificant The Financial Services Institute (..)

Tax Planning 52

Tax Planning Practice Management Budgeting Planning 52

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.

Planning 130

Planning Leadership Accounting Healthcare 130