Weekend Reading For Financial Planners (July 30-31)

Weekend Reading For Financial Planners (July 30-31)

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with a survey indicating that while about 70% of advisors overall feel successful, those who charge fees (and enjoy the stability that recurring fees provide) tend to feel more successful than those who rely on less-stable commissions, with the effect being particularly pronounced for female advisors.

Also in industry news this week:

  • A survey suggests that consumers recognize that they are keeping more money than they should on the sidelines as they maintain a pessimistic outlook for markets and the economy
  • Why a recent SEC settlement is a warning that large RIAs need to pay close attention to the revenue sources of an affiliated broker-dealer

From there, we have several articles on advisor fee models:

  • How advice-only fee models can offer advisors greater flexibility in their service offerings and the clients they serve
  • Why creating an annual client service calendar is a helpful way to demonstrate an advisor’s value proposition to clients and regulators
  • How advisors can overcome the “Triple Whammy” of having too much work for too many clients for too little money

We also have a number of articles on mortgages:

  • How holding on to a mortgage while investing is a form of leverage, and why a mortgage itself is not an inflation hedge
  • How advisors can add value to clients considering cash-out refinances
  • Why some clients see home renovations as a way to delay inevitable bad news

We wrap up with three final articles, all about the current work environment:

  • The best practices, from happy hours to retreats, advisory firms can use to maximize the hybrid work environment
  • Why co-working space is the new ‘hot’ amenity in apartments and condo buildings
  • Why the return of in-person conferences is attracting parents who want to get out of the house, and the wide range of upcoming conferences for advisors

Enjoy the ‘light’ reading!

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