Kitces & Carl Ep 54: Showing Financial Planning Value On An Ongoing Basis After The First 6 Months

An often underappreciated aspect of the financial planning process (and the resulting Plan that financial planning software packages produce) is that it wasn’t originally developed as part of fostering an ongoing client/advisor relationship. Rather, it was a tool that advisors would use to identify “gaps” or “needs” in someone’s overall financial picture and then sell …

How To Study For (And Pass) The CFP Exam

Since 1991, the CFP Board has offered the CFP certification exam to establish a high standard of excellence for financial advisors to act as fiduciaries for their clients. The exam is a rigorous, 6-hour test, and is offered only three times a year. Because of the rigorous nature of the exam and the scope of …

Weekend Reading for Financial Planners (Feb 20-21)

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the Biden administration will not be halting the new Department of Labor fiduciary rule, which controversially will begin to allow ERISA fiduciaries and those advising on IRA rollovers to receive commissions as long as they …

Reviewing Social Security Statements And Helping Clients Access And Make Corrections

In 1999, the Social Security Administration began mailing paper copies of Social Security statements to most American workers that summarized their personalized retirement and disability benefits. While these statements were a valuable source of information for workers to understand their future benefits, budget cuts in 2011 ultimately precluded the Administration from continuing to mail paper …

#FASuccess Ep 216: The Financial Advisor As Curator And Redefining The Value Of Financial Expertise, With Jason Zweig

Welcome back to the 216th episode of the Financial Advisor Success Podcast!

My guest on today’s podcast is Jason Zweig. Jason is a financial journalist who wrote one of the first books on behavioral finance and neuro-economics and writes the “Intelligent Investor” column for “The Wall Street Journal.” What’s unique about Jason, though, is …