Financial Planning

Regulation via enforcement "is over" at the SEC. Chair Paul Atkins made that clear during the annual FINRA conference, to a burst of applause. The agency will now focus on "quality of cases versus quantity" and on issues that cause real investor harm, he said. He noted that of all previous off-channel communications cases, not one case of investor harm was brought by the SEC. "We're not going to do that anymore," he said. #regulation #SEC #communications #enforcement

It's getting "way more difficult" to be a solo advisor, according to Mike Byrnes of Byrnes Consulting, LLC. Team structures, he says, enable easier succession planning without requiring an outside sale, economies of scale through expanded capacity and technology tools, and much better execution of marketing strategies. The 51% of all advisors who now work in teams, according to Cerulli Associates, would tend to bear that out. #teaming #wealthmanagement #financialplanning #successionplanning #growthstrategies

Charles Schwab clients need at least $1 million to have a “dedicated relationship” with one of its advisors. To connect with those who have less, Schwab is now looking to use AI to extend its wealth management services to regular investors. #FinancialPlanning #wealthmanagement #financialadvisors #artificialintelligence

Do alternative assets like private credit and private equity belong in more clients’ portfolios? Ask a group of wealth professionals that question, and you’re likely to hear a variety of responses, all of them impassioned. We’ve assembled a panel of prominent advisors and asset managers to discuss what financial advisors should know about alternative investments. The free virtual summit takes place June 4. Bring your own questions … or the one above. #FinancialPlanning #wealthmanagement #privateequity #financialadvisors

Congratulations to the Janney Montgomery Scott LLC advisor who made Financial Planning's 2026 Top 40 Regional Brokers Under 40 ranking: Christopher Borden, CFP®, AEP® See the full list here: https://lnkd.in/g--tEseR #Top40Brokers #FinancialPlanning #financialadvisors #wealth

"RIA" has become a kind of gold-standard label in wealth management — at least to some — but not every firm operating under that banner offers the same employee experience. Financial Planning partnered with Best Companies Group to create a nationwide ranking of the best RIAs to work for. Read on to discover the top 60 firms — places where employees say they feel supported, valued and excited to show up each day — and the California-based RIA that came in at No. 1. #Top60RIAs #financialadvisors #RIAs #wealthmanagment #advisorindpendence #financialplanning Bailard, Inc.

Are you leaving business on the table because the internet (and AI) doesn't know you exist? If you're a financial advisor looking to scale your RIA, boost visibility and dial in your client acquisition, these 4 practice management shifts are musts. Swipe through the document below to check out this week's top strategies. 🩺 Conduct this diagnostic: https://lnkd.in/g9t3v32i 🕵 Steal these analogies: https://lnkd.in/gXME_G33 🎦 Make short videos: https://lnkd.in/g6A7JnTF 🤑 Calculate your client acquisition costs: https://lnkd.in/ggRwhJTU #practicemanagement #FinancialPlanning #growthstrategies #RIAs #wealthmanagement

Explaining complex financial concepts is like … Maybe we’d better leave it to the experts. But let us know in the comments if you have a great analogy you use with clients. We’d love to hear them! #FinancialAdvice #FinancialAdvisors #WealthManagement

If your inbox is teeming with messages from recruiters in a surging talent market, are they actually worth your time? You might not need a recruiter to make a career jump, but the right partner can streamline the process, help identify best fits and benchmark compensation packages. But because the recruiting industry lacks formal licensing standards, doing your due diligence is vital. "A truly competent recruiter has the diagnostic experience to look at the advisor, where they are today, how their practice is constructed, and how they would like to build it from here," says Philip Waxelbaum of Masada Consulting. Don't go into exploratory meetings blind — read our rundown of what to know about recruiters. #financialadvisors #careermoves #brokers #recruiting #jobsearch

New research on the unknown extent but often stark implications of 401(k) withdrawals without spousal consent offered another lens into understanding financial infidelity: https://bit.ly/3OJl6W0 #401k #retirement #wealthmanagement #financialadvisors Jacquette M Timmons