As your firm introduces fee-for-service financial planning to your clients, you may be considering a variety of services to offer that align with your areas of expertise as well as the interests of clients. This overlap is known as the product-market...
Topics: Compliance, Retainer Model, Practice Management, User Experience, Fee-For-Service, Enterprise
Last week, we sat down with Michael Kitces and Bill Bachrach and had a conversation all about fee-for-service.
Topics: Practice Management, Fee-For-Service, Client Relationships
Without a doubt, one of the top questions we hear from advisors implementing fee-for-service is, “How do I structure and establish my pricing?”
Topics: Practice Management, Fee-For-Service
It’s hard to believe that we are waving goodbye to 2021 and entering a new year! As a final send-off, we’ve compiled our top 10 most-read blogs of 2021. It’s a great way to reflect on the year, and also gives you a chance to peruse any articles you may...
Topics: Marketing, Practice Management, Fee-For-Service, Sales
Earlier this month, we had the opportunity to sit down with industry experts Michael Kitces and Bill Bachrach for a conversation all about fee-for-service.
Topics: Practice Management, Fee-For-Service, Client Relationships
When starting out as a financial planning professional, getting paid is unquestionably one of the top priorities when establishing your business. It is key to properly vet solutions that allow you to send out invoices seamlessly, allow your clients to...
Topics: Compliance, Practice Management, Fee-For-Service
As you are getting prepared to onboard with a new client, you likely have every note in order and all paperwork expertly prepared. (After all, processes and preparedness make all the difference in communicating professionalism to your clients!)
Topics: Practice Management, Client Relationships
As a financial advisor, how confident are you that your clients understand and appreciate the complete value of your services? If a question like this makes you nervous, you’re far from alone. According to a recent study, clients ranked the value they...
Topics: Practice Management, Fee-For-Service
It’s no secret that the financial industry has evolved leaps and bounds over the last few decades. We’ve said “so long!” to the days where clients look to financial professionals just to help them pick and choose stocks on their behalf. Nor do people...
Topics: Practice Management, Fee-For-Service
The financial planning business model is swiftly evolving. Gone are the days of when it was a time-consuming and complex loss-leader! In 2021 it is now being powered by advanced technology to become a highly lucrative fee-based revenue stream.
Topics: Compliance, Retainer Model, Practice Management, Fee-For-Service