In today's increasingly digital world, financial transactions and data are constantly at risk from cyber threats. The wealth management industry, in particular, must be vigilant when it comes to safeguarding sensitive...
Topics: Practice Management, Case Studies, Fee-For-Service, Sales, Enterprise
As Halloween night approaches with its haunted houses, creepy costumes, and ghoulish tales, you might be tempted to join in on the spirit of giving away financial planning for free. If you are still relying solely on the sale of products and working with...
Topics: Practice Management, Case Studies, Fee-For-Service, Sales, Enterprise
When you're scouting for cutting-edge tech solutions for your firm, what's at the top of your checklist? Whether you are aiming to boost productivity, keep a competitive edge, or seamlessly expand your operations, it all boils down to one crucial metric...
Topics: Practice Management, Case Studies, Fee-For-Service, Sales, Enterprise
Selecting the right billing and payment solution for your firm is crucial.
Seriously, this decision can make or break your efficiency, client satisfaction, and overall success. So, as you’re going through the process of evaluating different solutions,...
Topics: Fee-For-Service, Integrations
Many financial advisors grapple with the idea of focusing on a niche. You may fear that narrowing your target market will limit your opportunities for growth and success. However, research and experience show that the opposite is true. Focusing on a...
Topics: Practice Management, Fee-For-Service
Financial institutions that support fee-for-service financial planning enable their financial professionals to engage high-income, low-asset households traditionally turned away under the assets-under-management billing model, establish a recurring...
Topics: Case Studies, Fee-For-Service, Enterprise
Historically, financial advisory firms faced significant challenges in implementing and scaling fee-for-service financial planning due to the complexities of management and compliance associated with fee-for-service billing. This limitation resulted in...
Topics: Compliance, Retainer Model, Practice Management, User Experience, Fee-For-Service, Enterprise
Fee-for-service financial planners can help small business clients maximize expanded tax credits by establishing a new retirement plan for employees
Topics: Practice Management, Fee-For-Service
The economic challenges of 2022 combined with the rapid increase of inflation and interest rates motivated clients to seek out more than just investment management services from financial professionals. People not only want real financial planning, they ...
Topics: Compliance, Retainer Model, Practice Management, User Experience, Fee-For-Service, Enterprise
I recently met with two of the leading names in fee-for-service financial planning, Alan Moore and Michael Kitces, during an open-format discussion that allowed wealth management leadership from across the U.S. to ask their most pressing questions.
Topics: Practice Management, Fee-For-Service, Client Relationships