Financial Planning - March 2021

Growth without limits

Winging it during the pandemic, advisors came up with new ways to connect with clients and prospects. The best hacks are here to stay.

Now is a crucial time to build and cement the bonds of trust between you, your clients, and your colleagues, says Kimberly Foss.

University tuition is one of the top planning priorities of financial advisors’ clients, and a new book wants to help guide readers on how to pay for it.

Companies are betting that pent-up demand for networking and other opportunities will help fill seats at events planned for later this year.

Using a Paycheck Protection Program loan to fund businesses outside your day job may be costly for brokers.

A new committee staffed by CFP pros and others is tasked with refreshing what consequences advisors will face for failing to comply with the board’s standards.

The troubled alts manager’s charges will trigger many more arbitration proceedings and potential regulatory cases, plaintiff attorneys say.

The private equity-backed firm’s deal could tack on some 900 advisors to its ranks.

"When you ask someone what their goals are for retirement in 10, 20 or 30 years, the truth is most people don’t even know what’s possible in the first place," Michael Kitces says.

Does a poor stock pick, for instance, constitute a sales practice violation?

No matter how focused you are on a goal, it’s what steps you take towards that goal that determines whether it’s achievable.

It may seem simple enough, but identifying how advisory firms are growing is a bit more elusive, John Furey writes.

These conversations might be uncomfortable, but early intervention and planning can help prevent major financial disasters.

After a waiver, required minimum distributions from certain retirement accounts — including traditional IRAs and 401(k)s —return for 2021.

Three provisions in the far-reaching law “make it likely that annuities will become more prevalent in company plans,” one expert says.