Financial Planning

Some people just may not be ready to inherit millions of dollars. #wealthmanagement #financialadvisors #estateplanning bit.ly/4hihiqo

Tax-loss harvesting went from a tool for the ultrawealthy to one for the masses. But it’s not enough for most advisors these days. #financialplanning #taxes #wealthmanagement bit.ly/4wpwUNm

@pewresearch projects 513,000 Americans will be 100 or older by 2054. The standard retirement plan wasn't built for that. #Retirement #Portfoliomanagement #Investmentstrategies #Wealthmanagement bit.ly/4hsQyn0

Chris Cornella of US Professional Funding offers this advice to independent RIA owners looking to buy: Sort out the financing first — or risk losing out to PE-backed buyers at the finish line. #RIAs #loans #growth bit.ly/4wghdIg

The magic AUM number to amass before launching an RIA? At least $1 billion, according to one advisor. #RIAs #advisorindependence #financialplanners bit.ly/3GZtOLw

Working with clients who have ADHD requires systems that adapt to the way they think. Simple workflows, taking personable approaches and adopting creative ways of advising can help clients stay on track. #wealthmanagement #ADHD #neurodiverseclients bit.ly/4hhLEJw

David Grau of @SuccessionRG spotted 4 notable trends in M&A in the RIA space last year: bit.ly/4t8jHri #RIAs #acquisitions #privateequity

While working with clients on tax planning, make sure you know about all the changes taking effect this year that might affect them: #wealthmanagement #financialadvisors #financialplanning bit.ly/4fe9Yt5

RIA deal valuations have been on a tear in recent years. But large industry consolidators think that could be coming to a halt. #financialplanning #wealthmanagement #financialadvisors bit.ly/4fHlqip

Have a client with a concentrated, but not too concentrated, stock portfolio? Consider a tax-deferral transaction known as a Section 351 conversion. #wealthmanagement #taxplanning #financialplanning #investing bit.ly/3T8R7sf

AI tools read and heed Form ADV Part 2 brochures, says Richard Lavina, co-founder and CEO of @taxfyle. “If tax planning appears in your marketing but not in your SEC filings, you've created a credibility gap for AI. Close it.” #RIAs #marketing #SEC bit.ly/4ysLKUY

Financial services get hit with twice the cyberattacks of other industries — even as overall volume falls. The attackers are simply more selective and able to inflict greater damage. #PracticeandClientManagement #Technology #Cybersecurity bit.ly/4w7WTZA

Every year, @FINRA releases its snapshot of industry statistics. This year's edition revealed a five-year high in pretax profits and other key trends tracking the industry's evolution. #financialadvisors #RIAs #wealthmanagement bit.ly/3T0A23L

.@JPMorgan stands its ground again on the argument that clients obtained as a bank-based advisor are different. #financialplanning #wealthmanagement #financialadvisors bit.ly/4wN5sZZ

The @SECGov wants to open up private markets. But firms like @MorganStanley and @Envestnet are already offer regular investors access. #financialplanning #wealthmanagement #privateequity bit.ly/44tw71T

SEC pushes private market access, but @MorganStanley boasted a blockbuster second quarter, more than doubling its new net assets from a year ago and reaching its previously set milestone of $10 trillion combined wealth and investment management client assets. #MorganStanley #wealthmanagement #earnings bit.ly/4vZdNcW

FP's Compensation Survey reveals an enormous gender pay gap among financial advisors — one that reflects industry-wide disparities in representation and compensation. #finance #careers #financialplanning bit.ly/3T29xuQ

RIA-owners looking to buy can skip a crucial detail until it turns into a problem: how to pay for everything. Chris Cornella of @USProFunding breaks down the financing pros and cons of SBA 7(a) and commercial loans. #RIAs #mergersandacquisitions #growthstrategies bit.ly/4wghdIg

Net new invested assets grew $15.7 billion or 9% in the second quarter for @Citi, as it works to grow its wealth business. #wealthmanagement #financialadvisors #financialplanning bit.ly/4fdLTCP

Should prediction market payouts, structured as investments, be taxed as gambling winnings or proceeds from financial instruments? Views vary as the market awaits regulatory guidance. #financialadvisors #financialplanning #predictionmarkets bit.ly/3Tgkgle