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Employee Stock Ownership Plans can provide company owners with a long-term exit strategy that offers cash flow, tax advantages and an opportunity to pay back employees.
Some 49% of Americans end up retiring unexpectedly. How do financial planners best help clients in this situation refashion retirement plans?
Though it can often pay to wait, advisors should help clients determine when it makes sense to file earlier for spousal benefits.
Advisors warn despite the appeal of quarterly income from energy MLPs, retired clients should proceed with caution because these investments usually make tax-sense only with long-term commitments.
Advisors should help their female retiree clients balance their well-placed concerns about longevity with their tolerance for risk.
With retirement-aged couples divorcing with ever more frequency, financial planners should be ready to help recently divorced clients adjust their plans for retirement.
With longer lifespans, assuring steady income streams for life means that many retirees will have to invest more aggressively. How are advisors putting those plans into action?
Guaranteed pensions still exist for some lucky retirees; financial planners need to know how help those clients make the best pre- and post-retirement planning decisions to effectively manage the steady income.
Real estate investing and retirees in the same sentence scares many financial advisors. But one, who teaches such strategies, gives them a green light if clients follow a few of his cautions.
A party put on by an advisor in his or her home helps lower barriers between the professional and clients -- and it can lead to referrals.
Give clients the benefit of advice from the person best-suited to handle a particular task, but make sure they know how your firmís ensemble arrangement works.
Careful and deliberate record keeping can do more than simply document the planning process and keep track of conversations with clients.
When a spouse's long-term medical needs demand all the attention in the home, the other half of the couple may need intervention and guidance from an advisor about how to reduce his or her own stress levels and preserve his or her own health.
Retirement hopes don't always match up with the amount of investment risk clients are willing to take. Advisors may have to be blunt to help clients make more realistic planning decisions.
Clients might be very grateful for advice that helps them to avoid financial problems while abroad. Here are some ways advisors can assist.
Helping clients explore their family histories and communicate their values to their descendants can be highly fruitful.
A client who feels an advisor has been upfront about fees is likely to be a more loyal client.
The furnishings in the spaces where you meet clients carry messages about the kind of person you are and the kind of firm you run.
Unhealthy habits reduce prosperity, and advisors need to address this subject. Here are some diplomatic ways to start the conversation.
Despite declining numbers, defined-benefit plans are in vogue with small business owners and the advisors who serve them.