Nerd’s Eye View

What Does It Take To Really Specialize In Working With Retirees?

In the world of financial advice, focusing on retirement planning has long been the most popular strategy. And the reasoning is quite straightforward. Just as bank robber Willie Sutton once explained why he robbed banks – “Because that’s where the money is” – working with retirees means working with clients who have already accumulated substantialRead More…
Author: Michael Kitces
Posted: April 27, 2017, 12:14 pm

Buying Happiness And Life Satisfaction With Greater Cash-On-Hand Reserves

The classic view of cash in the world of investing is that it’s something to avoid, or at least minimize. To the extent cash is truly needed for immediate or near-term liquidity, holding some may be a necessity. But the investment goal is always to hold as little cash as possible, and put the restRead More…
Author: Michael Kitces
Posted: April 26, 2017, 11:01 am

#FASuccess Ep 017: Using Social Media and Blogging to Drive Business Growth As A Reformed Broker with Josh Brown

Welcome back to the seventeenth episode of the Financial Advisor Success podcast! This week’s guest is Josh Brown, a financial advisor and CEO of Ritholtz Wealth Management, and regular guest on CNBC’s The Halftime Report, but known to most in the financial advisor community through his prolific presence on social media – including more thanRead More…
Author: Michael Kitces
Posted: April 25, 2017, 11:01 am

Advisor’s Guide To Choosing The Best Portfolio Rebalancing Software

For many advisory firms, portfolio rebalancing technology is one of the single most important pieces of technology that they have. While other software is certainly important – from a CRM for managing client relationships, to eSignature for streamlining account opening and administrative processes, to financial planning software for helping guide your clients long-term financial plan – arguablyRead More…
Author: Michael Kitces
Posted: April 24, 2017, 11:01 am

Weekend Reading for Financial Planners (Apr 22-23)

Enjoy the current installment of “weekend reading for financial planners” – this week’s edition kicks off with a fascinating new report from Morningstar, finding that the industry’s shift to adopt T shares and Clean shares under DoL fiduciary could improve mutual fund returns in the aggregate by as much as 0.50%/year, through a combination of costRead More…
Author: Michael Kitces
Posted: April 21, 2017, 6:57 pm